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Wayne 18436
963 Ledgedale Road
$365,000
● House - Off Market

963 Ledgedale Road

Out of Area, PA 18436
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1,464 Ft²
$466,847
RealtyHop Estimate
17.00%
Since Jul 1, 2021
National-US
Primary Model

About This Property

This beautiful chalet overlooks the adventurous Lake Wallenpaupack. Boasting of plenty of space for you and your guests. The finished first level has additional rooms and spacious additional living room walking out on to the patio. Bring all of your water toys for days of fun!
Unit Size
1,464 Ft²
Days on Market
-
Land Size
-
Price per sqft
$273
Property Type
House
Property Taxes
$247
HOA Dues
-
Year Built
1988

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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: 6 months ago (OneKey MLS #KEYH6045671)

Price History

Date / Event Date Event Price
Jun 29, 2021 Sold
Premium
Sold
Jun 18, 2021 In contract -
In contract
Jun 27, 2020 Listed by Diane C. Butler $399,000
Listed by Diane C. Butler
Sep 15, 2014 Sold
Premium
Sold

Property Highlights

Fireplace

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 4
  • Exterior Walls Type: 18
  • Interior Walls Type: 3
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 150
  • Floor Cover: 6
  • Basement Type: 3
  • Basement Area: 1,632
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 7
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 7,492
  • Total Building Area: 1,176
  • Building Area: 1,176
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 13
  • Heating: 2
  • Heated Square Feet: 1,176
  • Heating Fuel Type: 2

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Land Acres: 0000000172
  • Standard Land Use Code: 1001
  • County Land Use Code: 110
  • Legal Description 1: LOT 111

Neighborhood

  • School District Name: Wayne Highlands School District
  • School Tax School District: W WAYNE SD
  • Census Tract: 961002

Geography

  • Assessors Map Reference: M-0013/0188
  • Account Number: 037724
  • Parcel: 22-0-0006-0014
  • Lot: 111
  • Municipality: SALEM
  • Latitude: 41.3718
  • Longitude: -75.3154

    Address

  • Full Address: 963 Ledgedale Rd
  • Address - House Number: 963
  • Address - Street Name: Ledgedale
  • Address - Suffix Type: Rd
  • State: PA
  • City Name: Lake Ariel
  • Zip Code: 18436

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $501,556

    Appraisal Valuation

  • Standard Deviation: 0.1191
  • Valuation Date: Aug 23, 2023
  • Confidence Score: 87
  • Final Value: 361,965
  • High Value: 405,081
  • Low Value: 318,849

    Market Valuation

  • Market Total Value: $231,200
  • Market Land Value: $56,200
  • Market Improvement Value: $175,000

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $231,200
  • Assessed Land Value: $56,200
  • Assessed Improvements Value: $175,000

    Sales

  • Current Sale Contract Date: Jun 25, 2021
  • Current Sale Recording Date: Jul 15, 2021
  • Current Sale Price:
    Premium
  • Current Sale Document Type: 27
  • Current Sale Input Document Number: 6372
  • Previous Sale Recording Date: Sep 15, 2014
  • Previous Sale Contract Date: Sep 15, 2014
  • Previous Sale Amount: $195,000
  • 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 Wayne

Stats & Trends

Median Asking:

$315,000

Sale Price/ft²

$182

Below Asking

0.04%

Average Days on Market

91

Average Home Size

2269 ft²

Average Home Age

46.1 years

Currently For Sale

77 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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OneKey

Last Updated: 6 months ago
Data Source: OneKey MLS

Frequently Asked Questions

When was property at 963 Ledgedale Road built and last sold?
The property at 963 Ledgedale Road was built in 1988 and last sold on Jun 25, 2021 for $365,000.
How much is this home worth?
The estimated value of the home located at 963 Ledgedale Road is $401,420.
What are some comparable homes to 963 Ledgedale Road?
There are currently no comparable homes to 963 Ledgedale Road.
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