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Lackawanna 18411
503 WILLOW Lane
$234,000
● House - Off Market

503 WILLOW Lane

Clarks Summit, PA 18411
bedrooms
3 Beds
bathrooms
4 Baths, 2 Half Baths
square feet
3,154 Ft²
$363,135
RealtyHop Estimate
54.85%
Since Apr 1, 2018
National-US
Primary Model

About This Property

Great contemporary with first floor Master Bedroom. First fl laundry. Central air, central vac & intercom. Family rm plus exercise rm, gas fireplace & 1/2 bath in LL. Wood fireplace in LR. 1 yr. HOME WARRANTY to buyer., Baths: 1 Bath Lev 1,1 Half Lev L,1 Half Lev 1,1 Bath Lev 2, Beds: 1 Bed 1st,2+ Bed 2nd, SqFt Fin - Main: 1268.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, Formal Dining Room: Y, Modern Kitchen: Y, SqFt Fin - 2nd: 786.00
Unit Size
3,154 Ft²
Days on Market
-
Land Size
0.26 acres
Price per sqft
$74
Property Type
House
Property Taxes
$325
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 #GSB165628)

Price History

Date / Event Date Event Price
Jun 17, 2022 Sold
Premium
Sold
Mar 20, 2018 Sold
Premium
Sold
Jul 30, 2017 Listed by CLASSIC PROPERTIES $250,000
Listed by CLASSIC PROPERTIES
Nov 27, 2016 Listed by CLASSIC PROPERTIES $234,500
Listed by CLASSIC PROPERTIES
Dec 15, 2004 Sold
Premium
Sold

Property Highlights

Air Conditioning
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: 11,700
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 900
  • 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: 0000000268
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: Abington Heights School District
  • School Tax School District: ABINGTON HGHTS
  • Census Tract: 110401

Geography

  • District: 350
  • Parcel: 0910201001117
  • Municipality: SOUTH ABINGTON TOWNSHIP
  • Latitude: 41.5041
  • Longitude: -75.6737

    Address

  • Full Address: 503 Willow Ln
  • Address - House Number: 503
  • Address - Street Name: Willow
  • Address - Suffix Type: Ln
  • State: PA
  • City Name: South Abington Township
  • Carrier Code: C007
  • 4-Digit Zip Code: 2838
  • Zip Code: 18411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $417,020

    Appraisal Valuation

  • Standard Deviation: 0.241
  • Valuation Date: May 31, 2023
  • Confidence Score: 66
  • Final Value: 314,828
  • High Value: 390,717
  • Low Value: 238,939

    Market Valuation

  • Market Total Value: $20,000
  • Market Land Value: $4,000
  • Market Improvement Value: $16,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $20,000
  • Assessed Land Value: $4,000
  • Assessed Improvements Value: $16,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 15, 2022
  • Current Sale Recording Date: Jun 17, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 12525
  • Previous Sale Recording Date: Mar 20, 2018
  • Previous Sale Contract Date: Mar 15, 2018
  • Previous Sale Amount: $234,000
  • 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 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

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GSBR

Listed by: Carol L Chisdak
CLASSIC PROPERTIES
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 503 Willow Lane built and last sold?
The property at 503 Willow Lane was built in and last sold on Jun 15, 2022 for $330,000.
How much is this home worth?
The estimated value of the home located at 503 Willow Lane is $262,816.
What are some comparable homes to 503 Willow Lane?
There are currently no comparable homes to 503 Willow Lane.
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