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Monroe 18466
503 Nettle Drive
$358,000
● House - Off Market

503 Nettle Drive

Coolbaugh Twp, PA 18466
bedrooms
3 Beds
bathrooms
3 Baths
square feet
2,091 Ft²
$3,875
Est. Monthly
$1,650
HOA / Fees
-0.75%
Cap Rate

About This Property

*Property is Under Contract and considering back-up offers only at this time* Live The Lifestyle Of A Pro Golfer In This More Than 2,000 Square Foot, Colonial Style Home, Located Near The Fairways Of Pocono Country Club's 18-Hole Golf Course.  This Home Is A Stellar Example Of Pride In Ownership.  Enter The Two Story Foyer Admiring The Glass Chandelier.  To The Right, A Formal Dining Room, To The Left A Formal Living Room.  The Family Room, With Stone Fireplace, And Kitchen, With Center Storage Island, Are Adjoining.  Just Imagine The Years Of Entertaining You Can Have Here.  Hop On Your Golf Cart And Ride 2 Blocks To The Clubhouse, Fitness Center And Tennis Courts.  Head Over To The Lakeside Grill To Grab A Bite To Eat Or Enjoy Some Live Music. They Also Offer Wedding And Banquet Spaces.
Unit Size
2,091 Ft²
Days on Market
-
Land Size
0.32 acres
Price per sqft
$179
Property Type
House
Property Taxes
$383
HOA Dues
$1,650
Year Built
2007

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: 3 years ago (GLVR #739990)

Price History

Date / Event Date Event Price
Sep 6, 2024 Sold
Premium
Sold
Jul 20, 2024 In contract -
In contract
Jul 16, 2024 Listed by Keller Williams Real Estate $375,000
Listed by Keller Williams Real Estate
Jun 7, 2005 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2007
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Bathroom Plumbing Fixtures: 10
  • Building Condition: 6
  • Building Quality: 4
  • Construction Type: 0
  • Building Style: 5
  • Exterior Walls Type: 13
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 200
  • Floor Cover: 9
  • 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: 13,939
  • Lot Size Depth Feet: 1,410
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,400
  • Building Area: 2,400
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 1
  • Heated Square Feet: 2,400
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 4
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: POCONO FARMS
  • Land Acres: 0000000320
  • Standard Land Use Code: 1001
  • County Land Use Code: 111
  • Legal Description 1: LOT 510 SEC D

Neighborhood

  • School District Name: Pocono Mountain School District
  • School Tax School District: 03
  • Census Tract: 300308

Zoning

  • Zoning: R-3

Geography

  • Assessors Map Reference: MAP NO: 6357-03
  • Account Number: 03635703333771
  • District: 03
  • Parcel: 03.7D.1.4
  • Block: 33
  • Lot: 510
  • Municipality: COOLBAUGH
  • Latitude: 41.1679
  • Longitude: -75.3762

    Address

  • Full Address: 503 Nettle Dr
  • Address - House Number: 503
  • Address - Street Name: Nettle
  • Address - Suffix Type: Dr
  • State: PA
  • City Name: Tobyhanna
  • Carrier Code: R003
  • 4-Digit Zip Code: 8064
  • Zip Code: 18466

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $113,100

    Appraisal Valuation

  • Standard Deviation: 0.2455
  • Valuation Date: Nov 03, 2023
  • Confidence Score: 65
  • Final Value: 366,885
  • High Value: 456,980
  • Low Value: 276,790

    Market Valuation

  • Market Total Value: $154,350
  • Market Land Value: $16,900
  • Market Improvement Value: $137,450

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $154,350
  • Assessed Land Value: $16,900
  • Assessed Improvements Value: $137,450

    Sales

  • Current Sale Contract Date: May 31, 2005
  • Current Sale Recording Date: Jun 07, 2005
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 200524368

    Financing

  • First Mortgage Financing Type: FIX
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 Monroe

Stats & Trends

Median Asking:

$349,889

Sale Price/ft²

$191

Below Asking

0.02%

Average Days on Market

74

Average Home Size

2226 ft²

Average Home Age

42.4 years

Currently For Sale

345 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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GLVR

Listed by: Barbara Miller
Keller Williams Real Estate
Last Updated: 3 years ago
Data Source: GLVR , MLS# 739990
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 503 Nettle Drive built and last sold?
The property at 503 Nettle Drive was built in 2007 and last sold on May 31, 2005 for $22,000.
How much is this home worth?
The estimated value of the home located at 503 Nettle Drive is $0.
What are some comparable homes to 503 Nettle Drive?
There are currently no comparable homes to 503 Nettle Drive.
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