Triplex with Farmhouse and
New
For Sale
$625,000
1424 Twin Pine Road, Stroudsburg, PA 18360
Three-unit residential property with established tenants, rural surroundings, and separate farmhouse and duplex improvements.
Property Size4,256 SF
Lot Size4.00 Acres
Days on Market3
Property Features for 1424 Twin Pine Road
General Information
Standard status
Active
Size
4,256 SF
Lot size
4.00 Acres
Property subtype
Triplex
Additional Details
Gross Income
$70,260
Unit Mix
2 x 2BR/1.5BA
Taxes and HOA fees
Annual Taxes
$10,044
Amenities
sunroom
Building Details
Building Size
4,256 SF
Year Built
1960
Buildings
2
Listing Agency:
Investment Real Estate of the Poconos
Listed By:
Jeremiah Noll · License #RM425840
(570) 971-2509
Source:
Dpcomgroup
Added: Sep 8
Changed: Sep 9
Last Checked: Sep 10 at 5:16AM
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 Investment Real Estate of the Poconos
Investment Insights
Based on property information with market context.
This multifamily property combines an eight-bedroom farmhouse with a separate duplex, creating a three-unit residential configuration on 4 acres. The farmhouse includes a sunroom and a view, while each duplex unit offers two bedrooms and 1.5 baths. The property was built in 1960 and is occupied by established tenants.
Set in a rural setting, the property is approximately 5 miles from the Bartonsville Lowe’s. Tenants are responsible for garbage collection, electricity, snow removal, and lawn care, providing a clearly defined division of property responsibilities.
Set in a rural setting, the property is approximately 5 miles from the Bartonsville Lowe’s. Tenants are responsible for garbage collection, electricity, snow removal, and lawn care, providing a clearly defined division of property responsibilities.
Key Highlights
- Three‑unit multifamily configuration with an 8‑bedroom farmhouse and 2‑unit duplex
- Farmhouse includes a sunroom and a view
- Each duplex unit has 2 bedrooms and 1.5 baths
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
$41,390
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
6.62%
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%
$827,800
$827.8K
Cap Rate 7%
$591,286
$591.3K
Cap Rate 9%
$459,889
$459.9K
Market Conditions
NOI Build-Up for 4,256 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
$61.3K $14.40/SF
− Vacancy
−$2.2K −$0.51/SF
EGI
$59.1K $13.89/SF
− OpEx
−$17.7K −$4.17/SF
NOI
$41.4K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
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%
$827,800
Cap Rate 7%
$591,286
Cap Rate 9%
$459,889
Alternative Uses
Best Use
Multifamily LT 5
$591.3K
$517.4K – $689.8K
NOI $41,390 @ 7.0% cap · market cap 6.62%
Second Best
Apartment 5plus
$544.9K
$476.8K – $635.7K
NOI $38,141 @ 7.0% cap · market cap 6.10%
Theoretical Best
Office A
$1.27M
$1.11M – $1.49M
NOI $89,172 @ 7.0% cap · market cap 14.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
10
Businesses Nearby
Explore this area
Business Placement
Demographics for 18360, PA
29,079
Population
12,743
Households
2.3
Avg Household Size
45
Median Age
32%
College-Educated
91%
High-School Grad
86.5 sq mi
ZIP Area
336
Density / Sq Mi
$69,413
Median Household Income
$41,592
Median Earnings
$1,314
Median Rent
$286,200
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
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with established tenants, rural surroundings, and separate farmhouse and duplex improvements.
Where is this triplex located?
The property is located at 1424 Twin Pine Road Stroudsburg, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Three‑unit multifamily configuration with an 8‑bedroom farmhouse and 2‑unit duplex; Farmhouse includes a sunroom and a view; Each duplex unit has 2 bedrooms and 1.5 baths
