Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Land in Tanglewood Lakes Community Title is generated by Realmo AI

    115 FALCON Crest, Greentown, PA 18426

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    LAND - GREENTOWN, PA

    Lot size:
    1.11 Acres
    Added:
    Apr 6, 2026
    Days on Market:
    58
    Last Refresh:
    Jun 2 at 10:06 pm

    Property Features for 115 FALCON Crest

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    1.11 Acres

    Taxes and HOA fees

    Tax Annual Amount
    836

    We can help!

    Listing Contact
    Edward Patrick Lyons

    Listing agent Edward Patrick Lyons

    Listing office Quality Real Estate-Broad St 4823 N Broad Street, Philadelphia, PA

    Listing date Apr 6, 2026

    MLS# PAPI2000854 Listing URL

    Copyright © 2026 Bright 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

    • Desirable Tanglewood Lakes Community
    • Easy access to Lake Wallenpaupack
    • Two side‑by‑side lots available, offering flexibility
    • Option to buy both lots for a total of 1.11 acres
    • Option to buy single lot
    • Vacant unimproved land

    Overview

    Located in the Tanglewood Lakes Community, this property consists of two side-by-side lots, 113 and 115 Falcon Crest. The combined acreage of the two lots is 1.11 acres. The property is vacant and unimproved land with easy access to Lake Wallenpaupack.
    Property Profile Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Building Supply Big Box & Wholesale Store HVAC Service Plumbing Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Greentown
    County
    Pike
    State
    Pennsylvania
    Longitude
    -75.2641661
    Latitude
    41.3616884

    Nearby Similar for Sale

    • $1,200,000
      6,819 SF

      Greentown Estate with Mountain Elegance

      Exceptional estate on 5 acres in the Pocono Mountains.
      1015 Rt 390, Greentown, PA 18426
      View Details
    • $975,000
      26,148 SF

      Versatile Commercial Building on 3.27 Acres

      26,000 SF commercial building on 3.27 acres in Greentown, PA.
      1586 Rt 507, Greentown, PA 18426
      View Details
    • $120,000

      Land Ready for Development

      Cleared lot with septic, utilities, and creek access.
      114 Riverside Drive, Greentown, PA 18426
      View Details
    • $250,000

      Waterfront Land in Greentown, PA

      0.76 acres with Wallenpaupack River frontage.
      174-175R Rainbow Trout Terrace, Greentown, PA 18426
      View Details
    • $18,500

      Wooded Lot Near Lake Wallenpaupack

      Flat, wooded lot in Sky View Lake Community.
      150 Mountain Drive, Greentown, PA 18426
      View Details
    • $45,000

      Land Near State Forest

      Residential land bordering PA State Forest with lake rights.
      Butternut Lane, Greentown, PA 18426
      View Details
    • $32,000

      Residential Land Near Lake Wallenpaupack

      Land parcel with Lake Wallenpaupack access for custom home.
      155 Forrest Street, Greentown, PA 18426
      View Details
    • $10,000

      Residential Lot in Sky View

      0.53 acre residential lot in Sky View Lake community.
      Oak Wood Drive lot: 1715, Greentown, PA 18426
      View Details
    • $15,993

      Buildable Lot in Tanglewood Lakes

      Half-acre lot in Greentown, PA, near Lake Wallenpaupack.
      165 Indian Drive, Greentown, PA 18426
      View Details
    • $19,900

      Land in Tanglewood Lakes Community

      Two side-by-side lots totaling 1.11 acres near Lake Wallenpaupack.
      113 FALCON Crest, GREENTOWN, PA 18426
      View Details
    • $17,000

      Land in Sky View Lake

      Residential land with lake and community amenities in Greentown, PA.
      2815 Jean Danielson Drive, Greentown, PA 18426
      View Details
    • $97,500

      Land Parcel in Greentown, PA

      3.1-acre parcel for building a dream home.
      201 Sawmill Road, Greentown, PA 18426
      View Details

    FAQs

    What type of property is this?
    Land - Two side-by-side lots totaling 1.11 acres near Lake Wallenpaupack.
    Where is this land located?
    The property is located at 115 FALCON Crest Greentown, PA.
    What is the asking price?
    The asking price for this property is Off market.
    What are key features of this property?
    This property features: Desirable Tanglewood Lakes Community; Easy access to Lake Wallenpaupack; Two side‑by‑side lots available, offering flexibility
    (215) 333-2233
    We can help!
    Listing Contact
    Edward Patrick Lyons
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    115 FALCON Crest, GREENTOWN, PA 18426
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!