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    Ranch Multi-Family with Pole Barn Title is generated by Realmo AI

    191 Foster Hill Road, Milford, PA 18337

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    For Sale
    $449,000

    MULTI_FAMILY - Ranch - Milford, PA

    Type:Single Family Residence
    Property size:
    1,152 SF
    Lot size:
    3.29 Acres
    Price / SF:
    $389/SF
    Added:
    Jun 3, 2026
    Days on Market:
    1
    Last Refresh:
    Jun 3 at 9:06 pm

    Property Features for 191 Foster Hill Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Zoning
    Residential
    Bedrooms
    5
    Bathrooms
    1
    Rooms
    Bedroom 1, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 4, Basement, Bedroom 2
    Parking features
    Garage, Driveway
    Patio and Porch features
    Deck
    Exterior features
    Storage
    Fireplace
    1
    Basement
    Unfinished, Full
    Appliances
    Electric Range, Washer/Dryer Stacked, Refrigerator
    Standard status
    Active
    APN
    097.03-01-04 000616
    Size
    1,152 SF
    Lot size
    3.29 Acres

    Taxes and HOA fees

    Tax Annual Amount
    8614

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Baseboard, Fireplace(s), Hot Water(Heating), Oil
    Cooling system
    Ceiling Fan(s)
    Water source
    Well

    Building Details

    Year built
    1967
    Floors in Building
    1
    Number of units
    3
    Flooring type
    Tile, Carpet, Hardwood
    Roof type
    Shingle, Asphalt
    Architectural style
    Ranch
    Additional Structures
    Outbuilding, Storage

    We can help!

    Listing Contact
    Shaun Burger, Assoc Broker

    Listing agent Shaun Burger, Assoc Broker License #AB067595

    Listing office Keller Williams RE Milford 205 E Harford Street, Stroudsburg, PA

    Listing date Jun 3, 2026

    MLS# PW-261740 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

    • 3.29‑acre property with two separate ranch homes, each with its own full basement and garage
    • Home mix: one 3‑bedroom, 1‑bath ranch and one 2‑bedroom, 1‑bath ranch
    • Includes a 2,200 SF pole barn, plus deck and storage
    • Both homes feature hardwood flooring and have heating with oil and baseboard, with fireplaces
    • Utilities: well water and septic tank sewer service
    • Additional features include a shingle/asphalt roof, garage and driveway parking, and appliances such as electric range, refrigerator, and stacked washer/dryer

    Overview

    This property consists of two separate ranch homes plus an oversized pole barn, all set on 3.29 acres. One home offers three bedrooms and one bathroom, and the other offers two bedrooms and one bathroom. Both residences include hardwood floors, kitchens, and living areas, along with full basements and garages, and the basements are described as unfinished.

    The home sites are located on Foster Hill Road in Milford, Pennsylvania, with Milford Boro noted as approximately 1.3 miles away. The listing also notes a convenient drive to New York and New Jersey and to I-84.

    With two separate homes under one ownership, the layout is well-suited for an owner-occupant who wants to live in one ranch while renting the other. The combination of full, unfinished basements and garages can support a range of household or storage needs, and the large pole barn adds additional covered space for work or outdoor-related activities. The property is listed as residential and is presented as a flexible setup where the buildings can be used together or as separate living spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Real Estate Agency Restaurant Dental Office Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Auto Parts Store Bar & Pub Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Milford
    County
    Pike
    State
    Pennsylvania
    Longitude
    -74.8072233
    Latitude
    41.3414156

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    FAQs

    What type of property is this?
    Single family property - Two ranch homes with full basements, garages, and a large pole barn on 3.29 acres in a residential setting.
    Where is this single family property located?
    The property is located at 191 Foster Hill Road Milford, PA.
    What is the asking price?
    The asking price for this property is $449,000.
    What are key features of this property?
    This property features: 3.29‑acre property with two separate ranch homes, each with its own full basement and garage; Home mix: one 3‑bedroom, 1‑bath ranch and one 2‑bedroom, 1‑bath ranch; Includes a 2,200 SF pole barn, plus deck and storage
    (570) 517-6654
    We can help!
    Listing Contact
    Shaun Burger, Assoc Broker
    Real Estate License ID: AB067595
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    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.

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