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Wayne 18436
340 KEYSTONE Road
$173,500
● House - Off Market

340 KEYSTONE Road

Lake Ariel, PA 18436
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,988 Ft²
$356,232
RealtyHop Estimate
109.67%
Since May 1, 2009
National-US
Primary Model

About This Property

THE PLACE TO START IS HERE!! ENJOY QUIET RELAXING SURROUNDINGS! Well maintained 2-bedroom 1-bath home nestled on 2+ acres with private off road entrance. Finished lower level with T&G Knotty Pine Walls. Large wrap around deck., Baths: 1 Bath Lev 1,Rough Plumbing, Beds: 2+ Bed 1st, SqFt Fin - Main: 1138.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, SqFt Fin - 2nd: 0.00
Unit Size
1,988 Ft²
Days on Market
-
Land Size
2.10 acres
Price per sqft
$85
Property Type
House
Property Taxes
$216
HOA Dues
-
Year Built
1993

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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 #GSB09863)

Price History

Date / Event Date Event Price
Oct 6, 2021 No longer available -
No longer available
Aug 19, 2020 Sold
Premium
Sold
Apr 7, 2020 In contract -
In contract
Jan 21, 2020 Price Decreased $145,500
↓ $14K (9%)
Price Decreased
Nov 29, 2019 Price Increased $159,900
↑ $158K (10,357.8%)
Price Increased
Show More

Property Highlights

Parking Available
Fireplace

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 17
  • Exterior Walls Type: 19
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Cover: 9
  • Basement Type: 7
  • Basement Area: 1,100
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 20
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 91,476
  • Total Building Area: 1,988
  • Building Area: 1,988
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 13
  • Heating: 10
  • Heated Square Feet: 1,988
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000002100
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: LOT 33.1

Neighborhood

  • School District Name: Western Wayne School District
  • School Tax School District: W WAYNE SD
  • Census Tract: 961001

Geography

  • Assessors Map Reference: M-0077/0077
  • Account Number: 108680
  • Parcel: 12-0-0291-0033.0006
  • Lot: 33.1
  • Municipality: LAKE
  • Latitude: 41.4693
  • Longitude: -75.4277

    Address

  • Full Address: 340 Keystone Rd
  • Address - House Number: 340
  • Address - Street Name: Keystone
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Lake Ariel
  • Carrier Code: R005
  • 4-Digit Zip Code: 4316
  • Zip Code: 18436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $472,486

    Appraisal Valuation

  • Standard Deviation: 0.2525
  • Valuation Date: Sep 21, 2023
  • Confidence Score: 64
  • Final Value: 290,759
  • High Value: 364,204
  • Low Value: 217,315

    Market Valuation

  • Market Total Value: $216,900
  • Market Land Value: $67,200
  • Market Improvement Value: $149,700

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $216,900
  • Assessed Land Value: $67,200
  • Assessed Improvements Value: $149,700

    Sales

  • Current Sale Contract Date: Jun 11, 2020
  • Current Sale Recording Date: Aug 19, 2020
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 202000005016
  • Previous Sale Recording Date: Nov 05, 2019
  • Previous Sale Contract Date: Oct 21, 2019
  • Previous Sale Amount: $1,529
  • 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 Wayne

Stats & Trends

Median Asking:

$316,190

Sale Price/ft²

$183

Below Asking

0.04%

Average Days on Market

91

Average Home Size

2269 ft²

Average Home Age

46.1 years

Currently For Sale

77 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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GSBR

Listed by: Jamie Lukeski
Century 21 Select Group
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 340 Keystone Road built and last sold?
The property at 340 Keystone Road was built in 1993 and last sold on Jun 11, 2020 for $139,050.
How much is this home worth?
The estimated value of the home located at 340 Keystone Road is $156,376.
What are some comparable homes to 340 Keystone Road?
There are currently no comparable homes to 340 Keystone Road.
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