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Lackawanna 18436
809 Cortez Road
$144,000
● House - Off Market

809 Cortez Road

Lake Ariel, PA 18436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,146 Ft²
$164,392
RealtyHop Estimate
3.39%
Since Sep 1, 2022
National-US
Primary Model

About This Property

Open the door on this beautifully renovated, bright, welcoming 3 bedroom, 1 3/4 bathroom North Pocono home with LOW TAXES.   This home offers a completely updated kitchen, including all new appliances, a beautiful stone faced fireplace in the living room, and the stunning original wood banister leading you up to the second floor. Upstairs you will find 2 comfortably sized bedrooms as well as the full bathroom.  Outside, this home offers a spacious deck as well as a nice sized yard giving you the perfect spot to relax and unwind., Baths: 1 Bath Lev 1,1 Bath Lev 2, Beds: 1 Bed 1st,2+ Bed 2nd, SqFt Fin - Main: 729.50, SqFt Fin - 3rd: 0.00, Tax Information: Available, Formal Dining Room: Y, SqFt Fin - 2nd: 416.00
Unit Size
1,146 Ft²
Days on Market
-
Land Size
0.56 acres
Price per sqft
$139
Property Type
House
Property Taxes
$70
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 #GSB222609)

Price History

Date / Event Date Event Price
Aug 16, 2022 Sold
Premium
Sold
Jun 17, 2022 Listed by Coldwell Banker Town & Country Properties Moscow $159,000
Listed by Coldwell Banker Town & Country Properties Moscow
Aug 26, 2015 Sold
Premium
Sold
May 29, 2015 Listed by Coldwell Banker Town & Country Properties Moscow $59,000
Listed by Coldwell Banker Town & Country Properties Moscow
May 29, 2009 Sold
Premium
Sold
Show More

Property Highlights

Parking Available
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: 22,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 1,500
  • 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: 0000000516
  • 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: 12802010001
  • Block: 10
  • Lot: 40
  • Municipality: JEFFERSON TOWNSHIP
  • Latitude: 41.4593
  • Longitude: -75.4753

    Address

  • Full Address: 809 Cortez Rd
  • Address - House Number: 809
  • Address - Street Name: Cortez
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Jefferson Township
  • Carrier Code: R005
  • 4-Digit Zip Code: 3806
  • Zip Code: 18436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $86,740

    Appraisal Valuation

  • Standard Deviation: 0.1617
  • Valuation Date: May 31, 2023
  • Confidence Score: 67
  • Final Value: 120,110
  • High Value: 139,532
  • Low Value: 100,687

    Market Valuation

  • Market Total Value: $3,742
  • Market Improvement Value: $3,742

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,742
  • Assessed Improvements Value: $3,742

    Sales

  • Current Sale Contract Date: Aug 05, 2022
  • Current Sale Recording Date: Aug 16, 2022
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 16677
  • Previous Sale Recording Date: Aug 26, 2015
  • Previous Sale Contract Date: Aug 25, 2015
  • Previous Sale Amount: $59,000
  • 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

2319 ft²

Average Home Age

76.2 years

Currently For Sale

492 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: Heather L Kishel
Coldwell Banker Town & Country Properties Moscow
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 809 Cortez Road built and last sold?
The property at 809 Cortez Road was built in and last sold on Aug 5, 2022 for $144,000.
How much is this home worth?
The estimated value of the home located at 809 Cortez Road is $0.
What are some comparable homes to 809 Cortez Road?
There are currently no comparable homes to 809 Cortez Road.
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