Updated Two-Bedroom Mobile
New
For Sale
$130,000
18 Independence Way, Mount Bethel, PA 18343
Move-in-ready home in a 55+ community with shared amenities and lot rent covering essential services.
Property Size980 SF
Days on Market3
Property Features for 18 Independence Way
General Information
Standard status
Active
Size
980 SF
Property subtype
Land
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$490
Amenities
community pool
clubhouse
pond
wood-burning fireplace
walk-in shower with grab bars
rear deck
large shed
greenhouse
Building Details
Building Size
980 SF
Year Built
1980
Listing Agency:
Coldwell Banker Hearthside
Listed By:
Michelle L. Rowe · License #RS296195
(610) 936-9953
Source:
Bhhspaulfordrealtors
Added: Sep 8
Changed: Sep 10
Last Checked: Sep 10 at 3:07PM
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 Hearthside
Investment Insights
Based on property information with market context.
This 1980 mobile home offers two bedrooms, one full bathroom, and an interior updated during the current ownership. The kitchen combines new appliances, updated flooring, a tiled backsplash, generous cabinetry, and an eat-in area. A counter with stool seating creates separation from the living room without closing off the space, while a wood-burning fireplace adds a distinct focal point. The bathroom includes a walk-in shower with grab bars, and sliding doors open to a rear deck.
Outdoor features include a manageable yard, greenhouse, and a large shed with workshop and storage areas for lawn and garden equipment. Evergreen Village is a 55+ community with a pool, clubhouse, pond, mature landscaping, and walkable streets. Monthly lot rent includes water, sewer, garbage and recycling, common-area maintenance, and snow plowing. The property is at 18 Independence Way in Upper Mt Bethel Twp, PA 18343, across the river from New Jersey and a few miles from I-80.
Outdoor features include a manageable yard, greenhouse, and a large shed with workshop and storage areas for lawn and garden equipment. Evergreen Village is a 55+ community with a pool, clubhouse, pond, mature landscaping, and walkable streets. Monthly lot rent includes water, sewer, garbage and recycling, common-area maintenance, and snow plowing. The property is at 18 Independence Way in Upper Mt Bethel Twp, PA 18343, across the river from New Jersey and a few miles from I-80.
Key Highlights
- Two‑bedroom, one‑bath mobile home built in 1980
- Updated kitchen with new appliances, tiled backsplash, and refreshed flooring
- Wood‑burning fireplace and rear deck accessed through sliding doors
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
$5,963
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
4.59%
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%
$119,260
$119.3K
Cap Rate 7%
$85,186
$85.2K
Cap Rate 9%
$66,256
$66.3K
Market Conditions
NOI Build-Up for 980 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
$11.8K $12.00/SF
− Vacancy
−$917 −$0.94/SF
EGI
$10.8K $11.06/SF
− OpEx
−$4.9K −$4.98/SF
NOI
$6.0K $6.09/SF
Area
Northampton County, PA
Vacancy
7.80%
Lease Rate
$12.00 /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%
$119,260
Cap Rate 7%
$85,186
Cap Rate 9%
$66,256
Alternative Uses
Best Use
Apartment 5plus
$85.2K
$74.5K – $99.4K
NOI $5,963 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$185.9K
$162.6K – $216.9K
NOI $13,011 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Explore this area
Business Placement
Demographics for 18343, PA
3,819
Population
1,879
Households
2
Avg Household Size
52
Median Age
32%
College-Educated
95%
High-School Grad
20.4 sq mi
ZIP Area
187
Density / Sq Mi
$79,861
Median Household Income
$49,784
Median Earnings
$1,179
Median Rent
$274,300
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
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Move-in-ready home in a 55+ community with shared amenities and lot rent covering essential services.
Where is this mobile home & rv park located?
The property is located at 18 Independence Way Mount Bethel, PA.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath mobile home built in 1980; Updated kitchen with new appliances, tiled backsplash, and refreshed flooring; Wood‑burning fireplace and rear deck accessed through sliding doors
