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Scranton 18505 South Side
718 Hemlock Street
$153,000
● House - Off Market

718 Hemlock Street

Scranton, PA 18505
bedrooms
5 Beds
bathrooms
1 Bath, 1 Half Bath
square feet
2,025 Ft²
$891
Est. Monthly
62.53%
Cap Rate

About This Property

LOW TAXES, half double home with 5 Bedrooms, 1 1/2 Bathrooms, laundry on main level. Beautiful hardwood floors throughout. Modern and updated kitchen and bathrooms. Close to schools, medical and public transportation.
Unit Size
2,025 Ft²
Days on Market
-
Land Size
0.07 acres
Price per sqft
$73
Property Type
House
Property Taxes
$162
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 #GSBSC252026)

Price History

Date / Event Date Event Price
Jun 20, 2025 Sold
Premium
Sold
May 6, 2025 In contract -
In contract
May 1, 2025 Listed by Berkshire Hathaway Home Services Preferred Properties $148,500
Listed by Berkshire Hathaway Home Services Preferred Properties
Aug 16, 2023 Sold
Premium
Sold
Jul 14, 2023 Listed by Berkshire Hathaway Home Services Preferred Properties $99,000
Listed by Berkshire Hathaway Home Services Preferred Properties
Show More

Property Highlights

Parking Available

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: 3,240
  • Lot Size Depth Feet: 1,620
  • Lot Size Frontage Feet: 200
  • 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
  • Subdivision: TOWN PLOT OF THE CITY OF SCRANTON
  • Land Acres: 0000000074
  • Standard Land Use Code: 1001
  • County Land Use Code: 007

Neighborhood

  • School District Name: Scranton School District
  • School Tax School District: SCRANTON CITY
  • Census Tract: 102500

Geography

  • District: 340
  • Parcel: 1576101000201
  • Municipality: SCRANTON CITY
  • Latitude: 41.3997
  • Longitude: -75.6574

    Address

  • Full Address: 718 Hemlock St
  • Address - House Number: 718
  • Address - Street Name: Hemlock
  • Address - Suffix Type: St
  • State: PA
  • City Name: Scranton
  • Carrier Code: C071
  • 4-Digit Zip Code: 2020
  • Zip Code: 18505

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $177,280

    Appraisal Valuation

  • Standard Deviation: 0.1684
  • Valuation Date: Aug 16, 2023
  • Confidence Score: 78
  • Final Value: 94,374
  • High Value: 110,270
  • Low Value: 78,477

    Market Valuation

  • Market Total Value: $6,000
  • Market Land Value: $1,000
  • Market Improvement Value: $5,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,000
  • Assessed Land Value: $1,000
  • Assessed Improvements Value: $5,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 2023
  • Current Sale Recording Date: Aug 16, 2023
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 11957
  • Previous Sale Recording Date: Mar 12, 2014
  • Previous Sale Contract Date: Mar 07, 2014
  • Previous Sale Amount: $23,000
  • 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 South Side

Stats & Trends

Median Asking:

$202,500

Sale Price/ft²

$120

Below Asking

0.03%

Average Days on Market

57

Average Home Size

2225 ft²

Average Home Age

89.5 years

Currently For Sale

43 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 718 Hemlock Street built and last sold?
The property at 718 Hemlock Street was built in and last sold on Aug 15, 2023 for $90,000.
How much is this home worth?
The estimated value of the home located at 718 Hemlock Street is $146,301.
What are some comparable homes to 718 Hemlock Street?
There are currently no comparable homes to 718 Hemlock Street.
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