Multifamily Property With
For Sale
$435,000
558 Effort Neola Road, Brodheadsville, PA 18322
Residential Income, Brodheadsville, PA
Property Size2,650 SF
Lot Size2.14 Acres
Price / SF$164.15
Days on Market15
Property Features for 558 Effort Neola Road
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Zoning
RR
Zoning description
Residential
Bedrooms
4
Bathrooms
6
Full bathrooms
4
Half bathrooms
3
Rooms
Bedroom 4, Bedroom 3, Bathroom 4, Bathroom 7, Bathroom 3, Bedroom 2, Bathroom 1, Bathroom 6, Basement, Bedroom 1, Bathroom 5, Bathroom 2
Patio and Porch features
Porch
Interior features
Walk-In Closet(s)
Fireplace
1
Basement
Unfinished, Full
Appliances
Self Cleaning Oven, Electric Range, Refrigerator, Water Heater, Dishwasher, Range Hood, Microwave, Washer, Dryer
Lot features
Corner Lot, Paved
Elementary school district
Pleasant Valley
Middle school district
Pleasant Valley
High school district
Pleasant Valley
Subdivision
Chestnuthill Township
Standard status
Active
APN
02625900014987
Size
2,650 SF
Lot size
2.14 Acres
Taxes and HOA fees
Tax Annual Amount
4979
Utilities
Utilities
Propane
Sewer type
Cesspool
Heating system
Propane (Heating), Baseboard, Oil, Electric (Heating)
Cooling system
Separate Meters, Ceiling Fan(s)
Water source
Well
Building Details
Year built
1902
Floors in Building
2
Number of units
3
Building materials
Stone, Vinyl Siding
Roof type
Asphalt, Shingle
Architectural style
Ranch, Cape Cod
Additional Structures
Outbuilding
Listing Agency:
Coldwell Banker Pennco Real Estate · Coldwell Banker Real Estate
(570) 476-9501
Listed By:
Suzanne Melnick
(570) 476-9501
Added: Aug 15
Changed: Aug 26
Last Checked: Aug 29 at 10:06AM
MLS# PM-143962
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.
Investment Insights
Based on property information with market context.
This multifamily property includes two separate residences and three detached buildings. The primary home contains 3 bedrooms and 2 bathrooms, along with original hardwood floors, French doors, a quartz fireplace, stained-glass windows, and a porch. The second home provides 1 bedroom and 1 bathroom with an updated kitchen and new flooring. Total property size is 2,650 square feet.
The detached improvements include a 3-car garage measuring 40 by 25 feet, a two-story workshop with a 2-bay garage measuring 22 by 32 feet, and a two-story storage building measuring 22 by 69 feet. The property also includes a second parcel of land. Additional features include propane, baseboard, oil, and electric heating; well water; a cesspool; shingle and asphalt roofing; and RR zoning. The original structure dates to 1902.
The detached improvements include a 3-car garage measuring 40 by 25 feet, a two-story workshop with a 2-bay garage measuring 22 by 32 feet, and a two-story storage building measuring 22 by 69 feet. The property also includes a second parcel of land. Additional features include propane, baseboard, oil, and electric heating; well water; a cesspool; shingle and asphalt roofing; and RR zoning. The original structure dates to 1902.
Key Highlights
- Two residences plus three detached buildings on 2.14 acres
- Primary home offers 3 bedrooms, 2 bathrooms, hardwood floors, French doors, quartz fireplace, and stained‑glass windows
- Second residence includes 1 bedroom, 1 bathroom, updated kitchen, and new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$23,748
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.46%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$474,960
$475.0K
Cap Rate 7%
$339,257
$339.3K
Cap Rate 9%
$263,867
$263.9K
Market Conditions
NOI Build-Up for 2,650 SF
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.
Gross rent
$44.8K $16.92/SF
− Vacancy
−$1.7K −$0.63/SF
EGI
$43.2K $16.29/SF
− OpEx
−$19.4K −$7.33/SF
NOI
$23.7K $8.96/SF
Area
Monroe County, PA
Vacancy
3.70%
Lease Rate
$16.92 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$474,960
Cap Rate 7%
$339,257
Cap Rate 9%
$263,867
Alternative Uses
Best Use
Apartment 5plus
$339.3K
$296.9K – $395.8K
NOI $23,748 @ 7.0% cap · market cap 5.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$793.2K
$694.0K – $925.4K
NOI $55,523 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 18322, PA
2,511
Population
969
Households
2.6
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
364
Density / Sq Mi
$108,642
Median Household Income
$38,606
Median Earnings
$992
Median Rent
$274,000
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Two residences accompany three detached buildings on a 2.14-acre property with RR zoning.
Where is this multifamily property located?
The property is located at 558 Effort Neola Road Brodheadsville, PA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Two residences plus three detached buildings on 2.14 acres; Primary home offers 3 bedrooms, 2 bathrooms, hardwood floors, French doors, quartz fireplace, and stained‑glass windows; Second residence includes 1 bedroom, 1 bathroom, updated kitchen, and new flooring
