Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    186 Fairhaven Dr Tobyhanna, PA 18466

    Sponsored
    For Sale
    Pending
    Contact for pricing

    LAND - Tobyhanna, PA

    Lot size:
    0.23 Acres
    Days on Market:
    17
    Last Refresh:
    Mar 4 at 6:06 am

    Property Features for 186 Fairhaven Dr

    General Information

    Special listing conditions
    Standard
    Property type
    Land
    Property subtype
    Other
    TransactionType
    Standard
    Standard status
    Pending
    Vegetation
    Partially Wooded
    Zoning
    R-3
    APN
    03.9D.1.280
    Lot size
    0.23 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Water source
    Public

    We can help!

    Listing Contact
    James Galligan

    Keller Williams Real Estate (570) 421-2890

    Listing agent James Galligan

    Listing date Feb 16, 2026

    MLS# PM-138754 Listing URL

    Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Tobyhanna Land in Amenity-Filled Community

    This 0.23-acre buildable lot in Tobyhanna, PA, offers a great opportunity to own land in an amenity-filled and STR-FRIENDLY community. The property provides central water and sewer and is a short walk to one of the community lakes, perfect for peaceful strolls, fishing, or simply taking in the natural surroundings. Owning land here gives you the freedom to design and build the home you've always envisioned, whether it's a full-time residence, weekend retreat, or income-producing rental. The community is known for its impressive amenities, including multiple lakes, pools, a clubhouse, a fitness center, playgrounds, and year-round security, making it a highly desirable destination for both homeowners and guests. Ideally located close to major highways, shopping, dining, and all the Pocono attractions, including skiing, hiking, waterparks, and casinos.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Law Firm Real Estate Agency Pharmacy Hotel & Motel HVAC Service Travel Agency Computer & Electronic Repair Cosmetic Store Bed & Breakfast

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

    Location Insight

    • Map
    • Local Demand
    City
    Tobyhanna
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.355809
    Latitude
    41.221673

    Nearby Similar for Sale

    • $2,400,000
      76,308 SF

      Large-Scale Property in Tobyhanna Twp

      Spacious property ideal for redevelopment in the Pocono region.
      1110 Carriage Ln, Tobyhanna, PA 18466
      View Details
    • $2,950,000
      18,444 SF

      Professional/Medical Office Building For Sale

      18,400 sq ft professional/medical office building in Tobyhanna, PA.
      300 Community Dr, Tobyhanna, PA 18466
      View Details
    • $399,000
      4,736 SF

      Versatile Commercial Property on 1.74 Acres

      Multi-use commercial building on a 1.74-acre corner lot.
      954 Route 196, Tobyhanna, PA 18466
      View Details
    • $1,568,467
      6,067 SF

      Medical Office Investment Opportunity

      7.9 CAP Medical Office with LVHN-Pocono tenant.
      100 Community Dr, Tobyhanna, PA 18466
      View Details
    • $500,000
      1,440 SF

      Tobyhanna Commercial Property with Garage

      High-visibility commercial property with garage and residential home.
      339 Route 196, Tobyhanna, PA 18466
      View Details
    • Contact for pricing
      1,180 SF

      Prime Tobyhanna Commercial Space

      1,180 sqft Retail Space for Lease
      674 Route 196, Tobyhanna, PA 18466
      View Details
    • Contact for pricing
      2,000 SF

      Prime Tobyhanna Commercial Space

      High-traffic retail space for lease.
      674 Route 196, Tobyhanna, PA 18466
      View Details
    • Contact for pricing
      1,025 SF

      Tobyhanna Commercial Space for Lease

      Prime Retail Space, High Traffic Area
      674 Route 196, Tobyhanna, PA 18466
      View Details
    • $1,568,467
      6,067 SF

      Prime Medical Office Condo in Tobyhanna, PA

      High-Yield Medical Office Investment
      100 Community Dr, Tobyhanna, PA 18466
      View Details
    • $1,568,467
      6,067 SF

      Prime Tobyhanna Medical Office Space

      High-Income Medical Office Condo, PA
      100 Community Dr. Ste, Tobyhanna, PA 18466
      View Details
    • Contact for pricing
      600 SF

      High-Traffic Tobyhanna Commercial Space

      Prime location, 600 sq ft office, ample parking.
      Rte 196 Rte, Tobyhanna, PA 18466
      View Details
    • $199,900
      8.27 Acres

      Prime Tobyhanna Commercial Land

      8.2 Acres, High Traffic Route 611
      611 Pa 611, Tobyhanna, PA 18466
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - Buildable lot near community lakes with central water and sewer.
    Where is this residential land & home lot located?
    The property is located at 186 Fairhaven Dr Tobyhanna, PA.
    What is the asking price?
    The asking price for this property is $9,500.
    What are key features of this property?
    This property features: - Amenity-filled community with multiple lakes, pools, clubhouse, fitness center, playgrounds, and year-round security.; - Short-term rental (STR) friendly community, ideal for income generation.; - Buildable lot with central water and sewer connections.
    (570) 421-2890
    Request Owner's contact information
    186 Fairhaven Dr Tobyhanna, PA 18466
    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.
    186 Fairhaven Dr
    Tobyhanna, PA 18466
    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
    186 Fairhaven Dr Tobyhanna, PA 18466
    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

    We can help!
    Listing Contact
    James Galligan
    (570) 421-2890 (570) 213-4888
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!