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Lehigh 18049
4589 Main Road W
$93,000
● House - Off Market

4589 Main Road W

Upper Milford Twp, PA 18049
bedrooms
Studio
bathrooms
0 Bath
$151,492
RealtyHop Estimate
59.47%
Since Sep 1, 2017
National-US
Primary Model

About This Property

$25,000 PRICE REDUCTION! Motivated Seller.....having trouble finding your dream home?  Don't wait any longer!!  Build on this cleared, south-facing gently sloped 1.02 acre in the East Penn School District. Lovely views of farmland across the street.  Use the builder of your choice. Ready to build with NO deed restrictions and NO HOA fees!!  Conveniently located in a mature subdivision, this is one of three adjacent lots that had never been built on. Driveway permit's already acquired from PennDot and the driveway's been started making the property immediately accessible. Survey has been completed and property is clearly marked. Approved for a standard in-ground septic - this lot is ready to build! Please do not walk the land without a real estate agent.
Unit Size
-
Days on Market
-
Land Size
1.02 acres
Price per sqft
-
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2018

Payment Calculator

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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 (GLVR #538144)

Price History

Date / Event Date Event Price
Aug 24, 2017 Sold
Premium
Sold
Feb 1, 2017 Listed by BHHS Fox & Roach - Coopersburg $95,000
Listed by BHHS Fox & Roach - Coopersburg
Jun 17, 2016 Sold
Premium
Sold
Oct 12, 2015 Listed by BHHS Fox & Roach - Coopersburg $79,900
Listed by BHHS Fox & Roach - Coopersburg

Property Highlights

Building Info

Overview

    General

  • Year Built: 2018
  • Effective Year Built: 2018
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 0
  • Exterior Walls Type: 19
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 2
  • Basement Area: 0
  • Garage Type: 1
  • Parking Space Count: 2
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 44,475
  • Total Building Area: 2,386
  • Building Area: 2,386
  • Building Area Measurement: B

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,386
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: JASPER RIDGE
  • Land Acres: 0000001021
  • Standard Land Use Code: 1001
  • County Land Use Code: 1101
  • Legal Description 1: LOTS: 008

Neighborhood

  • School District Name: East Penn School District
  • School Tax School District: 21
  • Census Tract: 006402

Zoning

  • Zoning: R-A

Geography

  • Assessors Map Reference: MAP L09
  • District: 21
  • Parcel: 549303972891-1
  • Block: 11
  • Lot: 8
  • Municipality: UPPER MILFORD
  • Latitude: 40.5025
  • Longitude: -75.5115

    Address

  • Full Address: 4589 Main Rd W
  • Address - House Number: 4589
  • Street Segment Direction: W
  • Address - Street Name: Main
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Emmaus
  • Carrier Code: R003
  • 4-Digit Zip Code: 4924
  • Zip Code: 18049

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $692,574

    Appraisal Valuation

  • Standard Deviation: 0.1665
  • Valuation Date: May 31, 2023
  • Confidence Score: 78
  • Final Value: 468,477
  • High Value: 546,521
  • Low Value: 390,433

    Market Valuation

  • Market Total Value: $289,700
  • Market Land Value: $66,700
  • Market Improvement Value: $223,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $289,700
  • Assessed Land Value: $66,700
  • Assessed Improvements Value: $223,000

    Sales

  • Current Sale Contract Date: Jul 14, 2017
  • Current Sale Recording Date: Aug 24, 2017
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 68
  • Current Sale Input Document Number: 2017024763
  • Previous Sale Recording Date: Jun 17, 2016
  • Previous Sale Contract Date: Jun 15, 2016
  • Previous Sale Amount: $79,900
  • 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 Lehigh

Stats & Trends

Median Asking:

$349,900

Sale Price/ft²

$189

Above Asking

0.25%

Average Days on Market

52

Average Home Size

2482 ft²

Average Home Age

72 years

Currently For Sale

634 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 5163 Mill Road, Upper Milford Twp, PA, 18049

$1,495 /mo

  • 1 Bed
  • 1 Bath
  • 450 ft²
5163 Mill Road #A, Upper Milford Twp, PA, 18049 Listing by Timothy P. Kazmierski

Rentals Near You

Click here to view more rentals in the neighborhood.
GLVR

Listed by: Karen L. Daley
BHHS Fox & Roach - Coopersburg
Last Updated: 2 years ago
Data Source: GLVR , 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 4589 Main Road West built and last sold?
The property at 4589 Main Road West was built in 2018 and last sold on Jul 14, 2017 for $93,000.
How much is this home worth?
The estimated value of the home located at 4589 Main Road West is $95,950.
What are some comparable homes to 4589 Main Road West?
There are currently no comparable homes to 4589 Main Road West.
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