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Lackawanna 18411
8 Fairmont Circle
$840,000
● House - Off Market

8 Fairmont Circle

South Abington Twp, PA 18411
bedrooms
5 Beds
bathrooms
3 Baths, 1 Half Bath
square feet
4,760 Ft²
$4,688
Est. Monthly
6.06%
Cap Rate

About This Property

Harmony Ridge welcomes you to this modern 5 bedroom home featuring a new saltwater pool with stamped concrete areas. The backyard oasis is semi-private and also offers a large covered rear porch. The walk-out basement has a bedroom, a full bathroom & a bar. Golfers, there is an extra room ideal for a simulator. Interior amenities include a butler's pantry with a wet bar, a first floor office, stainless steel appliances with an oversized refrigerator & an impressive master suite with a tray ceiling, custom bathroom & a huge closet. This convenient location is extremely low traffic, as it sits at the end of the road at a cul-de-sac.Tours will begin Sunday for an open house from 1:00-3:00. Private tours anytime after with notice.
Unit Size
4,760 Ft²
Days on Market
-
Land Size
0.74 acres
Price per sqft
$174
Property Type
House
Property Taxes
$617
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 #GSBSC254148)

Price History

Date / Event Date Event Price
Oct 7, 2025 Sold
Premium
Sold
Aug 28, 2025 In contract -
In contract
Aug 17, 2025 Listed by NASSER REAL ESTATE, INC. $829,000
Listed by NASSER REAL ESTATE, INC.
Oct 31, 2019 Sold
Premium
Sold
Aug 29, 2019 Listed by NASSER REAL ESTATE, INC. $629,000
Listed by NASSER REAL ESTATE, INC.
Show More

Property Highlights

Garage
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: 29,185
  • Lot Size Depth Feet: 2,830
  • Lot Size Frontage Feet: 1,400
  • 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: HARMONY RIDGE
  • Land Acres: 0000000670
  • 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: 110403

Geography

  • District: 350
  • Parcel: 1000403000213
  • Municipality: SOUTH ABINGTON TOWNSHIP
  • Latitude: 41.4808
  • Longitude: -75.704

    Address

  • Full Address: 8 Fairmont Cir
  • Address - House Number: 8
  • Address - Street Name: Fairmont
  • Address - Suffix Type: Cir
  • State: PA
  • City Name: Clarks Summit
  • Carrier Code: R007
  • 4-Digit Zip Code: 8793
  • Zip Code: 18411

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $719,360

    Appraisal Valuation

  • Standard Deviation: 0.2702
  • Valuation Date: May 31, 2023
  • Confidence Score: 61
  • Final Value: 642,308
  • High Value: 815,879
  • Low Value: 468,737

    Market Valuation

  • Market Total Value: $34,500
  • Market Land Value: $12,500
  • Market Improvement Value: $22,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $34,500
  • Assessed Land Value: $12,500
  • Assessed Improvements Value: $22,000

    Sales

  • Current Sale Contract Date: Oct 28, 2019
  • Current Sale Recording Date: Oct 31, 2019
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 201917435
  • Previous Sale Recording Date: Jun 19, 2019
  • Previous Sale Contract Date: Jun 17, 2019
  • Previous Sale Amount: $590,000
  • 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

Rentals Near You

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GSBR

Listed by: Jim Nasser
NASSER REAL ESTATE, INC.
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 8 Fairmont Circle built and last sold?
The property at 8 Fairmont Circle was built in and last sold on Oct 28, 2019 for $590,000.
How much is this home worth?
The estimated value of the home located at 8 Fairmont Circle is $824,606.
What are some comparable homes to 8 Fairmont Circle?
There are currently no comparable homes to 8 Fairmont Circle.
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