7-Bedroom Residential Income
24 Hopkins Circle Albrightsville, PA 18210
For Sale
$780,000
MULTI_FAMILY - Penn Forest Twp, PA
Property Size2,900 SF
Lot Size0.34 Acres
Price / SF$268.97
Days on Market73
Property Features for 24 Hopkins Circle
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R2
- Bedrooms
- 7
- Bathrooms
- 3
- Rooms
- Bathroom 2, Bedroom 4, Bedroom 2, Bathroom 1, Bathroom 3, Bedroom 5, Bedroom 7, Bedroom 1, Bedroom 3, Bedroom 6
- Parking
- 8
- Parking features
- Garage
- Standard status
- Active
- APN
- 22A-51-C1446
- Size
- 2,900 SF
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9861
Utilities
- Sewer type
- Septic Tank
- Heating system
- Electric (Heating), Baseboard, Natural Gas, Heat Pump (Heating)
- Cooling system
- Central Air, Wall Unit(s)
- Water source
- Well
Building Details
- Year built
- 1988
- Number of units
- 1
- Building materials
- VinylSiding
Listing Agency:
IronValley RE of Lehigh Valley
(610) 766-7200
Listed By:
Robert Inselmann · License #AB066154
(484) 241-1011
Added: May 13
Changed: Jul 24
Last Checked: Jul 24 at 7:06PM
MLS# 776063
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This residential income property includes a 7-bedroom, 3-bathroom home with multiple decks for outdoor entertaining and relaxation. The interior living area features a cozy fireplace, and the layout provides ample room across seven bedrooms.
Located in Penn Forest Twp, Carbon County, PA, the home is described as being within walking distance to a nearby lake. The setting is characterized as peaceful and wooded, with a hot tub on site.
The property is offered for sale as a single-family-style asset that can serve multiple residential uses, including primary residence, vacation retreat, or short-term rental use in an STR-friendly community as described in the remarks.
Located in Penn Forest Twp, Carbon County, PA, the home is described as being within walking distance to a nearby lake. The setting is characterized as peaceful and wooded, with a hot tub on site.
The property is offered for sale as a single-family-style asset that can serve multiple residential uses, including primary residence, vacation retreat, or short-term rental use in an STR-friendly community as described in the remarks.
Key Highlights
- 7‑bedroom, 3‑bath home built in 1988
- Multiple decks plus a private hot tub for outdoor entertaining and relaxing
- Indoor living area with a cozy fireplace
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 | $52.2k | $18.00 |
| − Vacancy | −$3.5k | −$1.22 |
| EGI | $48.7k | $16.78 |
| − OpEx | −$21.9k | −$7.55 |
| NOI | $26.8k | $9.23 |
2,900 SF · lease $18.00/SF/yr · vacancy 6.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$382.3K
$334.5K – $446.0K
NOI $26,758 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$569.7K
$498.5K – $664.7K
NOI $39,881 @ 7.0% cap · market cap 5.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Residential income property offering seven bedrooms and three bathrooms with multiple outdoor decks.
Where is this single family property located?
The property is located at 24 Hopkins Circle Albrightsville, PA.
What is the asking price?
The asking price for this property is $780,000.
What are key features of this property?
This property features: 7‑bedroom, 3‑bath home built in 1988; Multiple decks plus a private hot tub for outdoor entertaining and relaxing; Indoor living area with a cozy fireplace