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Lackawanna 18444
44 Wilbur Way
$405,000
● House - Off Market

44 Wilbur Way

Covington Twp, PA 18444
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
1,882 Ft²
$2,484
Est. Monthly
5.34%
Cap Rate

About This Property

Updated and modern 4 bedroom, 3 bath home in Covington Twp on breathtaking 5 acre lot.  Oversized (40 x 24) pole barn heated garage with concrete floor and separate 200 amp electric. Open concept floor plan with gleaming oak hardwood floors and newly installed carpeting. Most areas on main level handicap accessible. Master bedroom with master bathroom walk in seated shower. Walk in closet laundry room with ample closet/storage space.  Well water and septic.  Apple trees, blueberry and wild strawberry bushes on the property. This home is 11 years young and freshly painted and updated.
Unit Size
1,882 Ft²
Days on Market
-
Land Size
5.00 acres
Price per sqft
$211
Property Type
House
Property Taxes
$534
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: 2 years ago (GSBR #GSBSC250346)

Price History

Date / Event Date Event Price
Apr 15, 2025 Sold
Premium
Sold
Feb 7, 2025 In contract -
In contract
Jan 26, 2025 Listed by Berkshire Hathaway Home Services Preferred Properties $397,000
Listed by Berkshire Hathaway Home Services Preferred Properties

Property Highlights

Parking Available
Garage
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: 217,800
  • 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: 0000005000
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: North Pocono School District
  • School Tax School District: NORTH POCONO
  • Census Tract: 112902

Geography

  • District: 720
  • Parcel: 2190101000102
  • Municipality: COVINGTON TOWNSHIP
  • Latitude: 41.2892
  • Longitude: -75.5408

    Address

  • Full Address: 44 Wilbur Way
  • Address - House Number: 44
  • Address - Street Name: Wilbur
  • Address - Suffix Type: Way
  • State: PA
  • City Name: Covington Township
  • Carrier Code: R006
  • 4-Digit Zip Code: 7928
  • Zip Code: 18444

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $624,525

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: May 31, 2023
  • Confidence Score: 67
  • Final Value: 348,537
  • High Value: 404,896
  • Low Value: 292,177

    Market Valuation

  • Market Total Value: $27,500
  • Market Land Value: $3,000
  • Market Improvement Value: $24,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $27,500
  • Assessed Land Value: $3,000
  • Assessed Improvements Value: $24,500

    Exemptions

  • Homeowner Exemption: Yes
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 Lackawanna

Stats & Trends

Median Asking:

$255,000

Sale Price/ft²

$140

Below Asking

0.02%

Average Days on Market

58

Average Home Size

2310 ft²

Average Home Age

76.3 years

Currently For Sale

499 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: Judy Cerra
Berkshire Hathaway Home Services Preferred Properties
Last Updated: 2 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 44 Wilbur Way built and last sold?
The property at 44 Wilbur Way was built in and last sold on Jan 1, 1970 for $0.
How much is this home worth?
The estimated value of the home located at 44 Wilbur Way is $393,844.
What are some comparable homes to 44 Wilbur Way?
There are currently no comparable homes to 44 Wilbur Way.
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