Residential Income Property with
For Sale
$475,000
119 Hildabrant Ln, Saylorsburg, PA 18353
Existing former care facility on an R-2-zoned parcel with central water and an oversized septic system.
Property Size1,680 SF
Lot Size1.88 Acres
Price / SF$282.74
Days on Market206
Property Features for 119 Hildabrant Ln
General Information
Standard status
Active
Size
1,680 SF
Lot size
1.88 Acres
Property subtype
Residential Income
Zoning
R-2
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$4,860
Listing Agency:
Coldwell Banker Pennco Real Estate
(570) 476-9501
Listed By:
Christopher A Bilianis · License #RS354574
(570) 620-8999
Source:
Exprealty
Added: Mar 28
Changed: Oct 10
Last Checked: Oct 19 at 12:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Pennco Real Estate
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Investment Insights
Based on property information with market context.
This residential income property includes an existing structure formerly used as a care facility on 1.88 acres. The parcel is zoned R-2, with central water and an oversized septic system in place. Any future conversion, apartment reconfiguration, or new residential development would be subject to township approval.
The property is located in the Pleasant Valley School District and sits less than 1 mile from Route 33. Its existing improvements, residential zoning, and on-site water and septic infrastructure provide the factual basis for evaluating future residential use, subject to applicable approvals.
The property is located in the Pleasant Valley School District and sits less than 1 mile from Route 33. Its existing improvements, residential zoning, and on-site water and septic infrastructure provide the factual basis for evaluating future residential use, subject to applicable approvals.
Key Highlights
- 1.88‑acre parcel in the Pleasant Valley School District
- Existing structure formerly used as a care facility
- R‑2 residential zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,056
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$301,120
$301.1K
Cap Rate 7%
$215,086
$215.1K
Cap Rate 9%
$167,289
$167.3K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$28.4K $16.92/SF
− Vacancy
−$1.1K −$0.63/SF
EGI
$27.4K $16.29/SF
− OpEx
−$12.3K −$7.33/SF
NOI
$15.1K $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 Rate 5%
$301,120
Cap Rate 7%
$215,086
Cap Rate 9%
$167,289
Alternative Uses
Best Use
Apartment 5plus
$215.1K
$188.2K – $250.9K
NOI $15,056 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$502.8K
$440.0K – $586.7K
NOI $35,199 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
67
Businesses Nearby
Explore this area
Business Placement
Demographics for 18353, PA
11,992
Population
5,376
Households
2.2
Avg Household Size
47
Median Age
32%
College-Educated
92%
High-School Grad
44.4 sq mi
ZIP Area
270
Density / Sq Mi
$88,311
Median Household Income
$52,873
Median Earnings
$1,344
Median Rent
$262,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Residential income property - Existing former care facility on an R-2-zoned parcel with central water and an oversized septic system.
Where is this residential income property located?
The property is located at 119 Hildabrant Ln Saylorsburg, PA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1.88‑acre parcel in the Pleasant Valley School District; Existing structure formerly used as a care facility; R‑2 residential zoning
