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

    Beaver Run Road lot 2603 Milford, PA 18337

    View on Map
    Claim this Listing
    For Sale
    $39,900

    LAND - Milford, PA

    Lot size:
    1.08 Acres
    Added:
    Aug 18, 2025
    Days on Market:
    245
    Last Refresh:
    Apr 19 at 7:06 am

    Property Features for Beaver Run Road lot 2603

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    Residential
    Vegetation
    Partially Wooded
    Standard status
    Active
    APN
    121.04-04-44 067582
    Lot size
    1.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    394

    Utilities

    Utilities
    Cable Available
    Sewer type
    Perc Test On File, Septic Needed
    Water source
    Well Needed

    We can help!

    Listing Contact
    R.E. Rene'e Hoover, Salesperson, PA & NYS

    Listing agent R.E. Rene'e Hoover, Salesperson, PA & NYS License #RS292358

    Listing office Century 21 Geba Realty 309 West Harford Street, Milford, PA

    Listing date Aug 18, 2025

    MLS# PW-252791 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.

    Overview

    Scenic Acreage in Conashaugh Lakes

    This 1.08-acre residential building lot is located in the Conashaugh Lakes community. The property features a driveway and is situated within a community known for its minimum 1-acre property sizes. Conashaugh Lakes offers two lakes suitable for fishing and non-power boat boating, along with a beach, playground, outdoor pool, recreation center, basketball, tennis, volleyball, bocce courts, and a baseball field. The community is conveniently located for commuting to I-84 and the Dingmans Bridge crossing the Delaware River. The property is located a short drive from historic Milford, PA, offering shopping, restaurants, antiquing, and cultural events. The location provides access to the Delaware River and Lackawaxen River Valley, the Lake Wallenpaupack region, Bushkill, the Delaware Water Gap, trail bike trails, hiking trails, and waterfalls. The property includes a survey and septic permit on file for updating, with the septic system planned for the back left corner. It is part of the Delaware Valley School District.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Milford
    County
    Pike
    State
    Pennsylvania
    Longitude
    -74.91
    Latitude
    41.3282

    Nearby Similar for Sale

    • $16,500

      Milford, PA Corner Building Lot

      0.77 acre corner lot in amenity-filled Gold Key Lake.
      Northwynd Drive lot: 1, Milford, PA 18337
      View Details
    • $18,500

      Residential Lot in Gold Key

      0.69 acre building lot in amenity-filled Gold Key Lake.
      N Ridge Drive lot: 30/31, Milford, PA 18337
      View Details
    • $20,000

      Corner Lot in Milford, PA

      Corner lot in amenity-filled community of Conashaugh Lakes.
      102 Rodney Road, Milford, PA 18337
      View Details
    • $79,000

      Prime Building Parcel in Milford

      5.18 acre building parcel in Milford Highlands community.
      Highland Avenue lot: 67, Milford, PA 18337
      View Details
    • $5,000

      Residential Land in Pocono Community

      Vacant lot in Pocono Woodland Lakes community near Milford, PA.
      106 E Lilac Road, Milford, PA 18337
      View Details
    • $21,000

      Residential Land in Pocono Community

      Vacant lot in Pocono Woodland Lakes community near Milford, PA.
      210 Locust Drive, Milford, PA 18337
      View Details
    • $5,000

      Residential Land in Pocono Woodland

      Vacant lot in a community with many amenities.
      181 Primrose Lane, Milford, PA 18337
      View Details
    • $28,000

      Residential Lot in Pocono Woodland

      Vacant lot in amenity-rich Pocono Woodland Lakes community.
      106 Knob Cone Drive, Milford, PA 18337
      View Details
    • $16,900

      Milford, PA Vacant Campsite Land

      Vacant campsite bordering state forest with utilities ready for camper.
      119 Locust Lake Drive, Milford, PA 18337
      View Details
    • $29,900

      Residential Land in Scenic Community

      1.25 acre building lot in Conashaugh Lakes community.
      Iroquois Trail lot: 2611, Milford, PA 18337
      View Details
    • $39,900

      Residential Lot in Conashaugh Lakes

      1.27 acre building lot in scenic community.
      Floyd Court lot: 3810, Milford, PA 18337
      View Details
    • $39,900

      Idyllic Land in Conashaugh Lakes

      1.4-acre property in a scenic Northeast PA community.
      Seneca Drive lot: 5207, Milford, PA 18337
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 1.08 acre building lot in amenity-rich community.
    Where is this residential land & home lot located?
    The property is located at Beaver Run Road lot 2603 Milford, PA.
    What is the asking price?
    The asking price for this property is $39,900.
    What are key features of this property?
    This property features: 1.08 acre building lot in Conashaugh Lakes community.; Enjoy community amenities including two lakes, beach, playground, outdoor pool, recreation center, and various sports courts.; Driveway already in place.
    (845) 649-9704
    We can help!
    Listing Contact
    R.E. Rene'e Hoover, Salesperson, PA & NYS
    Real Estate License ID: RS292358
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!