105 OAK HILL Drive Middletown, PA 17057
MULTI_FAMILY - Cape Cod - MIDDLETOWN, PA
Property Features for 105 OAK HILL Drive
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Garage - Detached
- Appliances
- Washer, Dryer, Oven/Range - Electric, Refrigerator, Dishwasher
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.35 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7159
Utilities
- Heating system
- Forced Air
- Cooling system
- Ductless, Central Air
Building Details
- Year built
- 1951
- Number of units
- 2
- Building materials
- Aluminum Siding, Frame, Stick Built
- Architectural style
- Cape Cod
Listing agent Jack Straub License #AB069733 (717) 514-4603
Listing office Straub & Associates Real Estate 700 Lisburn Road, Camp Hill, PA (717) 612-9901
Listing date May 27, 2026
Copyright © 2026 Bright MLS. 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.
On the property is a fully renovated detached ranch-style home with its own bedroom and bathroom. Improvements include updated finishes and a brand-new mini-split HVAC system. The second dwelling includes a spacious bathroom with a walk-in shower.
Additional features include new appliances, a large two-car detached garage with a loft, and a rear storage/workshop. The property is set on a generous corner lot with mature trees and yard space, and is located in an established Middletown area close to schools, shopping, and major commuter routes.
Key Highlights
- Two fully functional homes on one corner lot: a Cape Cod main residence plus a detached ranch‑style second dwelling
- Main house offers 3 bedrooms and 1.5 baths, with a large upstairs den that can be used as a bedroom or home office
- Second dwelling includes its own bedroom and bathroom and is updated with a brand‑new mini‑split HVAC system
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 | $45.5k | $13.80 |
| − Vacancy | −$3.5k | −$1.05 |
| EGI | $42.1k | $12.75 |
| − OpEx | −$12.6k | −$3.83 |
| NOI | $29.5k | $8.93 |
