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Old Forge 18518
383 Milwaukee Avenue
$84,000
● House - Off Market

383 Milwaukee Avenue

Old Forge, PA 18518
bedrooms
2 Beds
bathrooms
1 Bath
square feet
1,500 Ft²
$133,129
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model

About This Property

Enjoy this affordable Old Forge home with its enclosed sun porch, large eat in kitchen w/breakfast bar, 1st fl laundry, large open living area, large 2 bed w/closets & full bath on 2nd level.Lot size and taxes are for both lots incl.!!!!!!!!!!!!!!!!!!DOUBLE LOT!!!!!!!!!!!!!!!!!!!!!!, Baths: 1 Half Lev 2, Beds: 2+ Bed 2nd, SqFt Fin - Main: 750.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, SqFt Fin - 2nd: 750.00, Additional Info: See attachment with seller disclosure- R2 zoning -many options. Addition, second home or mobile, apartment building.
Unit Size
1,500 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$59
Property Type
House
Property Taxes
$120
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 #GSB185447)

Price History

Date / Event Date Event Price
Mar 18, 2019 Sold
Premium
Sold
Nov 20, 2018 Listed by The Agency Real Estate Group - Triboro $89,000
Listed by The Agency Real Estate Group - Triboro
Sep 15, 2017 Sold
Premium
Sold
Aug 15, 2017 Sold
Premium
Sold
May 5, 2017 Listed by The Agency Real Estate Group - Triboro $89,000
Listed by The Agency Real Estate Group - Triboro

Property Highlights

Garage
Parking Available

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: 8,799
  • Lot Size Depth Feet: 1,930
  • Lot Size Frontage Feet: 600
  • 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
  • Subdivision: THOMAS SMITH ESTATE
  • Land Acres: 0000000202
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: Old Forge School District
  • School Tax School District: OLD FORGE
  • Census Tract: 112600

Geography

  • District: 290
  • Parcel: 17511010039
  • Block: 2
  • Lot: 2
  • Municipality: OLD FORGE BOROUGH
  • Latitude: 41.3761
  • Longitude: -75.7455

    Address

  • Full Address: 383 Milwaukee Ave
  • Address - House Number: 383
  • Address - Street Name: Milwaukee
  • Address - Suffix Type: Ave
  • State: PA
  • City Name: Old Forge
  • Carrier Code: C023
  • 4-Digit Zip Code: 1150
  • Zip Code: 18518

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $115,646

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: May 31, 2023
  • Confidence Score: 67
  • Final Value: 107,120
  • High Value: 124,441
  • Low Value: 89,798

    Market Valuation

  • Market Total Value: $5,000
  • Market Land Value: $2,000
  • Market Improvement Value: $3,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $5,000
  • Assessed Land Value: $2,000
  • Assessed Improvements Value: $3,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 08, 2019
  • Current Sale Recording Date: Mar 18, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201903581
  • Previous Sale Recording Date: Sep 15, 2017
  • Previous Sale Contract Date: Aug 15, 2017
  • Previous Sale Amount: $82,500
  • 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 Old Forge

Stats & Trends

Median Asking:

$230,000

Sale Price/ft²

$126

Below Asking

0.02%

Average Days on Market

55

Average Home Size

1804 ft²

Average Home Age

68.2 years

Currently For Sale

14 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

Unit for rent at 536 Moosic Road, Old Forge, PA, 18518

$1,300 /mo

  • 1 Bed
  • 1 Bath
  • 1,178 ft²
536 Moosic Road #2NDFLOOR, Old Forge, PA, 18518 Listing by James Caceres
Unit for rent at 313 S Main (top Floor) Avenue, West Scranton, PA, 18518

$1,150 /mo

  • 2 Beds
  • 1 Bath
  • 916 ft²
313 S Main (Top Floor) Avenue, West Scranton, PA, 18518 Listing by Jason Heimrich

Rentals Near You

Click here to view more rentals in the neighborhood.
GSBR

Listed by: Kimberly Korgeski
The Agency Real Estate Group - Triboro
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 383 Milwaukee Avenue built and last sold?
The property at 383 Milwaukee Avenue was built in and last sold on Mar 8, 2019 for $84,000.
How much is this home worth?
The estimated value of the home located at 383 Milwaukee Avenue is $97,541.
What are some comparable homes to 383 Milwaukee Avenue?
There are currently no comparable homes to 383 Milwaukee Avenue.
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