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Mount Cobb 18436
540 Cortez Road
$122,000
● House - Off Market

540 Cortez Road

Jefferson Twp, PA 18436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,776 Ft²
$231,055
RealtyHop Estimate
79.11%
Since Jun 1, 2015
National-US
Primary Model

About This Property

Nice three bedroom two bath ranch sitting on 1/2 acre, basement partially finished with wood burner., Baths: 2+ Bath Lev 1, Beds: 2+ Bed 1st,Mstr 1st, SqFt Fin - Main: 1276.00, SqFt Fin - 3rd: 0.00, Tax Information: Available, SqFt Fin - 2nd: 0.00
Unit Size
1,776 Ft²
Days on Market
-
Land Size
0.40 acres
Price per sqft
$73
Property Type
House
Property Taxes
$166
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 #GSB15186)

Price History

Date / Event Date Event Price
May 22, 2015 Sold
Premium
Sold
Jan 15, 2015 Listed by REALTY NETWORK GROUP $129,000
Listed by REALTY NETWORK GROUP

Property Highlights

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: 17,500
  • Lot Size Depth Feet: 1,750
  • Lot Size Frontage Feet: 1,000
  • 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: 0000000401
  • 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: 111801

Geography

  • District: 750
  • Parcel: 13904020010
  • Block: 200
  • Lot: 280
  • Municipality: JEFFERSON TOWNSHIP
  • Latitude: 41.4275
  • Longitude: -75.4824

    Address

  • Full Address: 540 Cortez Rd
  • Address - House Number: 540
  • Address - Street Name: Cortez
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Jefferson Township
  • Carrier Code: R003
  • 4-Digit Zip Code: 3707
  • Zip Code: 18436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $231,800

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: May 31, 2023
  • Confidence Score: 67
  • Final Value: 177,097
  • High Value: 205,734
  • Low Value: 148,459

    Market Valuation

  • Market Total Value: $10,000
  • Market Improvement Value: $10,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $10,000
  • Assessed Improvements Value: $10,000

    Sales

  • Current Sale Contract Date: May 15, 2015
  • Current Sale Recording Date: May 22, 2015
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201507600
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 Mount Cobb

Stats & Trends

Median Asking:

$314,117

Sale Price/ft²

$169

Below Asking

0.04%

Average Days on Market

76

Average Home Size

2154 ft²

Average Home Age

51 years

Currently For Sale

0 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

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Currently no similar homes around

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GSBR

Listed by: ELAINE CALJEAN
REALTY NETWORK GROUP
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 540 Cortez Road built and last sold?
The property at 540 Cortez Road was built in and last sold on May 15, 2015 for $122,000.
How much is this home worth?
The estimated value of the home located at 540 Cortez Road is $129,848.
What are some comparable homes to 540 Cortez Road?
There are currently no comparable homes to 540 Cortez Road.
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