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Hermitage 16148
2840 Morefield Rd
$154,000
● House - Off Market

2840 Morefield Rd

Hermitage, PA 16148
bedrooms
3 Beds
bathrooms
1 Bath
$157,412
RealtyHop Estimate
-0.37%
Since Nov 1, 2023
National-US
Primary Model

About This Property

Move in ready Ranch, Desirable area, lots of curb appeal..MUST SEE! 3 bedrooms, newer carpet and flooring throughout. Exterior features include  a large back yard and swimming area for gatherings and entertainment, detached garage, wrap around driveway and so much more!
Unit Size
-
Days on Market
-
Land Size
0.52 acres
Price per sqft
-
Property Type
House
Property Taxes
$124
HOA Dues
-
Year Built
-

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 4 years ago (WPMLS #1618314)

Price History

Date / Event Date Event Price
Oct 2, 2023 Sold
Premium
Sold
Aug 17, 2023 In contract -
In contract
Aug 8, 2023 Listed by KELLER WILLIAMS REALTY $158,000
Listed by KELLER WILLIAMS REALTY
Jun 5, 2020 Sold
Premium
Sold
Jun 8, 2015 Sold
Premium
Sold

Property Highlights

Garage
Air Conditioning
Fireplace

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 22,500
  • Lot Size Depth Feet: 3,000
  • Lot Size Frontage Feet: 750
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000516
  • Standard Land Use Code: 1999
  • County Land Use Code: RT-0
  • Legal Description 1: 2840 MOREFIELD RD HS GR

Neighborhood

  • School District Name: Hermitage School District
  • School Tax School District: HERMITAGE
  • Census Tract: 031200

Geography

  • District: 12
  • Parcel: 12 329 078
  • Municipality: HERMITAGE
  • Latitude: 41.2255
  • Longitude: -80.4561

    Address

  • Full Address: 2840 Morefield Rd
  • Address - House Number: 2840
  • Address - Street Name: Morefield
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Hermitage
  • Carrier Code: C020
  • 4-Digit Zip Code: 2475
  • Zip Code: 16148

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $148,757

    Appraisal Valuation

  • Standard Deviation: 0.1756
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 77
  • Final Value: 152,082
  • High Value: 178,800
  • Low Value: 125,363

    Market Valuation

  • Market Total Value: $15,600
  • Market Land Value: $3,450
  • Market Improvement Value: $12,150

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $15,600
  • Assessed Land Value: $3,450
  • Assessed Improvements Value: $12,150

    Sales

  • Current Sale Contract Date: Oct 02, 2023
  • Current Sale Recording Date: Oct 02, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 7593
  • Previous Sale Recording Date: Jun 05, 2020
  • Previous Sale Contract Date: Jun 02, 2020
  • Previous Sale Amount: $105,000
  • Previous Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hermitage

Stats & Trends

Median Asking:

$250,000

Sale Price/ft²

$150

Below Asking

0.04%

Average Days on Market

65

Average Home Size

262 ft²

Average Home Age

58.9 years

Currently For Sale

63 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

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WPMLS

Listed by: Corey Dame
KELLER WILLIAMS REALTY
Last Updated: 4 years ago
Data Source: WPMLS , MLS# 1618314
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Frequently Asked Questions

When was property at 2840 Morefield Road built and last sold?
The property at 2840 Morefield Road was built in and last sold on Oct 2, 2023 for $154,000.
How much is this home worth?
The estimated value of the home located at 2840 Morefield Road is $0.
What are some comparable homes to 2840 Morefield Road?
There are currently no comparable homes to 2840 Morefield Road.
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