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Clarks Summit 18411
323 Knapp Road
$409,000
● House - Off Market

323 Knapp Road

Clarks Summit, PA 18411
bedrooms
5 Beds
bathrooms
4 Baths, 1 Half Bath
square feet
2,493 Ft²
$2,409
Est. Monthly
15.55%
Cap Rate

About This Property

Savor your summer days by the pool. Nestled in a gorgeous neighborhood in the Abingtons, this home offers a peaceful setting with easy access to downtown, local amenities and schools. This beautiful home features 5 spacious bedrooms, 4 bathrooms, ample space for storage and tons of natural light. Relax on the front porch or host gatherings on the back deck, which overlooks the inground pool. The inside feels open, warm and inviting. The kitchen features stunning quartz countertops, pergo floors and stainless steel appliances. Unwind in the cozy den by the fireplace or in the lower level living area, which walks out to the pool. Seize this incredible opportunity to live in an extraordinary home in the Abingtons!
Unit Size
2,493 Ft²
Days on Market
-
Land Size
0.50 acres
Price per sqft
$164
Property Type
House
Property Taxes
$401
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: 3 years ago (GSBR #GSBSC3523)

Price History

Date / Event Date Event Price
Aug 8, 2024 Sold
Premium
Sold
Jul 10, 2024 In contract -
In contract
Jul 4, 2024 Listed by Keller Williams Real Estate-Clarks Summit $409,000
Listed by Keller Williams Real Estate-Clarks Summit
Sep 2, 1988 Sold
Premium
Sold

Property Highlights

Parking Available
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 Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 21,600
  • Lot Size Depth Feet: 2,700
  • Lot Size Frontage Feet: 800
  • 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: 0000000495
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: Abington Heights School District
  • School Tax School District: ABINGTON HGHTS
  • Census Tract: 110500

Geography

  • District: 080
  • Parcel: 1001104000401
  • Municipality: CLARKS SUMMIT BOROUGH
  • Latitude: 41.4874
  • Longitude: -75.701

    Address

  • Full Address: 323 Knapp Rd
  • Address - House Number: 323
  • Address - Street Name: Knapp
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Clarks Summit
  • Carrier Code: C006
  • 4-Digit Zip Code: 2123
  • Zip Code: 18411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $467,796

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: May 31, 2023
  • Confidence Score: 67
  • Final Value: 265,833
  • High Value: 308,819
  • Low Value: 222,846

    Market Valuation

  • Market Total Value: $21,000
  • Market Land Value: $5,000
  • Market Improvement Value: $16,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $21,000
  • Assessed Land Value: $5,000
  • Assessed Improvements Value: $16,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 02, 1988
  • Current Sale Recording Date: Sep 02, 1988
  • Current Sale Price:
    Premium
  • Current 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 Clarks Summit

Stats & Trends

Median Asking:

$334,450

Sale Price/ft²

$177

Below Asking

0.02%

Average Days on Market

61

Average Home Size

2109 ft²

Average Home Age

76.7 years

Currently For Sale

16 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

Rentals Near You

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GSBR

Listed by: Gladys L DeSavino
Keller Williams Real Estate-Clarks Summit
Last Updated: 3 years ago
Data Source: GSBR , MLS#
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 323 Knapp Road built and last sold?
The property at 323 Knapp Road was built in and last sold on Sep 2, 1988 for $15,000.
How much is this home worth?
The estimated value of the home located at 323 Knapp Road is $413,090.
What are some comparable homes to 323 Knapp Road?
There are currently no comparable homes to 323 Knapp Road.
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