Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Saylorsburg Duplex on Wooded Acres Title is generated by Realmo AI

    409 Warner Drive, Saylorsburg, PA 18353

    View on Map
    Claim this Listing
    For Sale
    $479,000

    MULTI_FAMILY - Colonial - Saylorsburg, PA

    Property size:
    3,164 SF
    Lot size:
    4.88 Acres
    Price / SF:
    $151/SF
    Added:
    Jan 9, 2026
    Days on Market:
    143
    Last Refresh:
    Jun 1 at 12:06 pm

    Property Features for 409 Warner Drive

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    5
    Bathrooms
    3
    Rooms
    Bedroom 3, Bedroom 4, Bathroom 2, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 1, Basement
    Interior features
    Storage
    Basement
    Unfinished, Partial, Walk-Out Access
    Standard status
    Active
    APN
    02.87626
    Size
    3,164 SF
    Lot size
    4.88 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    Lot 5 Sec 2
    Tax Annual Amount
    8773

    Utilities

    Heating system
    Oil, Varies by Unit (Heating), Electric (Heating)
    Cooling system
    Ceiling Fan(s)
    Water source
    Well

    Building Details

    Year built
    1989
    Floors in Building
    2
    Number of units
    2
    Flooring type
    Tile, Carpet, Vinyl
    Building materials
    Vinyl Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Colonial
    Additional Structures
    Storage

    We can help!

    Listing Contact
    Kristie L Bauder

    Listing agent Kristie L Bauder

    Listing office Iron Valley Real Estate of Lehigh Valley - Bethlehem 216 Nazareth Pike Unit B3, Bethlehem, PA

    Listing date Jan 9, 2026

    MLS# PM-138186 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.

    HighLights

    • Investment opportunity: Live in one unit, rent the other.
    • Large 2‑unit property with over 1500 sq ft of living space per unit.
    • 4.88 semi‑wooded acres in a quiet, rural location.
    • Newly installed roof.
    • Separate utilities for each unit and low owner cost to maintain.
    • Large 2‑car attached garage.

    Overview

    This two-unit property is located in Chestnuthill Township on 4.88 semi-wooded acres. The property is situated in a quiet, rural location with proximity to highways and other amenities. The building has a newly installed roof. Each unit features over 1500 square feet of living space. The first-floor unit includes an updated kitchen, updated flooring, and two large bedrooms with storage space. The second-floor unit has three large bedrooms and 1.5 bathrooms, as well as walk-up attic storage. Both units have their own laundry connections. The property includes a large two-car attached garage. Separate utilities for each unit.

    Local Financial Insights For Multifamily LT 5

    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 $45.6k $14.40
    − Vacancy −$1.6k −$0.51
    EGI $44.0k $13.89
    − OpEx −$13.2k −$4.17
    NOI $30.8k $9.73
    3,164 SF · lease $14.40/SF/yr · vacancy 3.52% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $439.6K
    $384.6K – $512.8K (±1% cap)
    NOI $30,770 @ 7.0% cap · market cap 6.42%
    Second Best
    Apartment 5plus
    $405.1K
    $354.4K – $472.6K (±1% cap)
    NOI $28,355 @ 7.0% cap · market cap 5.92%
    Theoretical Best
    Office A
    $947.0K
    $828.7K – $1.10M (±1% cap)
    NOI $66,292 @ 7.0% cap · market cap 13.84%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Kitchen & Bath Showroom Department Store Computer & Electronic Repair Tech Support Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Saylorsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.409529
    Latitude
    40.977935

    Nearby Similar for Sale

    • $625,000
      2,156 SF

      Retail and Residential Opportunity

      Two parcels with retail space and a charming farmhouse.
      772 Route 115, SAYLORSBURG, PA 18353
      View Details
    • $3,000
      3,575 SF

      Airplane Hangar or Warehouse Space

      Unique rental opportunity: airplane hangar, car storage, or warehouse.
      Lower Cherry Valley Road, Hamilton Twp, PA 18353
      View Details
    • $479,000
      3,164 SF

      Two-Unit Property on 4.88 Acres

      Two-unit property with updated features on a spacious lot.
      409 Warner Drive, Chestnuthill Twp, PA 18353
      View Details
    • $884,900

      Saylorsburg Manufactured Home Park

      Family-owned manufactured home park with 15 sites in Saylorsburg, PA.
      314 Nathan Lane, Saylorsburg, PA 18353
      View Details
    • $748,500
      2,880 SF

      Poconos Horse Property with Barn

      13.5 acre horse property with barn and indoor arena.
      191 Spring Run Dr, Saylorsburg, PA 18353
      View Details
    • $3,900
      5,320 SF

      Former Daycare Facility on Route 715

      5,320 SF former daycare facility, ample parking, Route 715.
      1029 Route 715, Day Care, Saylorsburg, PA 18353
      View Details

    FAQs

    What type of property is this?
    Duplex - Two-unit property on 4.88 acres with separate utilities.
    Where is this duplex located?
    The property is located at 409 Warner Drive Saylorsburg, PA.
    What is the asking price?
    The asking price for this property is $479,000.
    What are key features of this property?
    This property features: Investment opportunity: Live in one unit, rent the other.; Large 2‑unit property with over 1500 sq ft of living space per unit.; 4.88 semi‑wooded acres in a quiet, rural location.
    (610) 766-7200
    We can help!
    Listing Contact
    Kristie L Bauder
    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
    409 Warner Drive, Saylorsburg, PA 18353
    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!