Riverfront Multi-Home
104 Masthope Plank Road, Lackawaxen, PA 18435
COMMERCIAL - Colonial - Lackawaxen, PA
Type:Single Family Residence
Property size:
6,685 SFLot size:
4.43 AcresPrice / SF:
$186/SF- Added:
- Jun 19, 2026
- Days on Market:
- 9
- Last Refresh:
- Jun 27 at 2:06 pm
Property Features for 104 Masthope Plank Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Single Family Residence
- Zoning
- Residential
- Bedrooms
- 8
- Bathrooms
- 7
- Rooms
- Bedroom 1, Bathroom 1, Bedroom 8, Bathroom 3, Bathroom 7, Bathroom 6, Basement, Bathroom 5, Bedroom 3, Bedroom 7, Family Room, Bonus Room, Bedroom 2, Bedroom 6, Bedroom 4, Bedroom 5, Game Room, Dining Room, Laundry Room, Bathroom 2, Bathroom 4
- Parking features
- Driveway, Open, Garage, RV, Oversize
- Window features
- Double Pane Windows
- Patio and Porch features
- Patio, Porch, Deck
- Interior features
- Bar, Walk-In Closet(s), Wired for Sound, Wet Bar, Attic Storage, Storage, Second Kitchen, Recessed Lighting, Primary Downstairs, Pantry, Open Floorplan, Kitchen Island, In-Law Floorplan, High Speed Internet, High Ceilings, Granite Counters, Entrance Foyer, Eat-in Kitchen, Drywall, Dry Bar, His and Hers Closets, Crown Molding, Ceiling Fan(s), Built-in Features, Breakfast Bar, Bookcases, Beamed Ceilings
- Exterior features
- Awning(s), Storage, Rain Gutters, Private Yard, Private Entrance, Garden, Fire Pit, Balcony
- Fireplace
- 1
- Basement
- Exterior Entry, Unfinished, Walk-Up Access, Full, Block, Storage Space, Interior Entry, Walk-Out Access, Concrete, Daylight
- Appliances
- Bar Fridge, Washer/Dryer, Refrigerator, Microwave, Free-Standing Electric Oven, Free-Standing Gas Range, Free-Standing Gas Oven, Free-Standing Freezer, Free-Standing Electric Range, Electric Oven, Electric Range, Dishwasher
- Standard status
- Active
- APN
- 019.00-01-17 022356
- Size
- 6,685 SF
- Lot size
- 4.43 Acres
Taxes and HOA fees
- Tax Annual Amount
- 10953
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Propane (Heating), Central, Fireplace(s), Oil, Forced Air, Zoned, Hot Water(Heating), Baseboard
- Cooling system
- Central Air, Window Unit(s)
- Water source
- Well
- Water front features
- Lake Front, River Front, River Access
- Water front
- 1
Building Details
- Year built
- 2016
- Floors in Building
- 3
- Flooring type
- Wood, Pavers, Hardwood, Tile - Ceramic, Linoleum, Carpet
- Building materials
- Asphalt, Vinyl Siding, Stone Veneer
- Roof type
- Asphalt
- Architectural style
- Colonial
- Additional Structures
- Storage, Guest House
Listing agent Joseph McNeely License #RS355411 (570) 832-1411
Listing office Weichert Realtors - Ruffino Real Estate 406 W. Harford St., Milford, PA (570) 296-7570
Listing date Jun 19, 2026
MLS# PW-261982
Listing URL
Copyright © 2026 Pike/Wayne Association of Realtors MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two adjacent properties sold together as one package: 2 separate homes with 8 total bedrooms and 6.5 total bathrooms
- 4.43 combined acres with 516 ft of private Lackawaxen River frontage plus river access and lake front features
- 2016‑built Colonial with primary downstairs, in‑law floorplan, granite counters, kitchen island, and eat‑in kitchen
- Bar and entertainment features include wet bar, dry bar, bar fridge, wired for sound, and built‑in features
- Heating and cooling include zoned system with propane/forced air plus oil hot water baseboard heat, central air, and fireplace(s)
- Detached parking includes a 3‑car garage (bar and game room with loft BR) plus an additional detached 2‑car garage
Overview
This for-sale package includes two adjacent properties sold together as one offering, totaling two separate homes and 8 bedrooms with 6.5 bathrooms on 4.43 acres. The feature property is a custom-built 6-bedroom, 4.5-bath Farmhouse Colonial perched above the Lackawaxen River, with 516 feet of private river frontage. The home includes Andersen windows, hardwood and tile flooring, oil hot water baseboard heat, and a wraparound covered porch with a gazebo. Additional improvements include a full daylight walkout basement, a large unfinished third floor ready for expansion, and a built-in 3-story tube slide connecting the unfinished attic to the first-floor primary suite. A detached 3-car garage is topped by a knotty pine bar and game room with a loft bedroom, and there is also a detached 2-car garage.
Across the road, the riverfront parcel features a beautifully updated 2-bedroom, 2-bath ranch with true one-level living. It offers central A/C, propane forced-air heat, and an open kitchen, living, and dining area, along with a large deck overlooking the river and bridge.
Designed for owners who want space and privacy within a two-home configuration, this property supports a variety of household setups thanks to separate residences, multiple garages, and extensive deck-and-porch outdoor areas. The combination of direct river access and substantial frontage provides a clear focus for recreational enjoyment, while the second home adds straightforward optionality for extended family living or hosting guests.
Across the road, the riverfront parcel features a beautifully updated 2-bedroom, 2-bath ranch with true one-level living. It offers central A/C, propane forced-air heat, and an open kitchen, living, and dining area, along with a large deck overlooking the river and bridge.
Designed for owners who want space and privacy within a two-home configuration, this property supports a variety of household setups thanks to separate residences, multiple garages, and extensive deck-and-porch outdoor areas. The combination of direct river access and substantial frontage provides a clear focus for recreational enjoyment, while the second home adds straightforward optionality for extended family living or hosting guests.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $127.5k | $19.08 |
| − Vacancy | −$7.7k | −$1.14 |
| EGI | $119.9k | $17.94 |
| − OpEx | −$54.0k | −$8.07 |
| NOI | $65.9k | $9.86 |
6,685 SF · lease $19.08/SF/yr · vacancy 6.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$942.0K
$824.3K – $1.10M
NOI $65,943 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.43M – $1.90M
NOI $114,195 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
Location Insight
- Map
- Local Demand
- City
- Lackawaxen
- County
- Pike
- State
- Pennsylvania
- Longitude
- -74.990981
- Latitude
- 41.487962
Nearby Similar for Sale
FAQs
What type of property is this?
Single family property - Two adjacent homes with extensive private river frontage offer flexible living and recreation opportunities on a single waterfront setting.
Where is this single family property located?
The property is located at 104 Masthope Plank Road Lackawaxen, PA.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Two adjacent properties sold together as one package: 2 separate homes with 8 total bedrooms and 6.5 total bathrooms; 4.43 combined acres with 516 ft of private Lackawaxen River frontage plus river access and lake front features; 2016‑built Colonial with primary downstairs, in‑law floorplan, granite counters, kitchen island, and eat‑in kitchen
