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3-Bedroom Income Condominium
For Sale
$170,000

202-105 View Ct, Mount Pocono, PA 18344

Renovated condominium with in-unit laundry and association-maintained exterior grounds.

Property Size1,100 SF
Price / SF$154.55
Days on Market58

Property Features for 202-105 View Ct

General Information

Standard status Active
Size 1,100 SF
Property subtype Residential Income

Financials

Gross Income $19,800
Average Monthly Rent $1,650

Site & Location

Public Transit Yes
Utilities to Site Yes

Units

Unit Mix 1 x 3BR/2BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,643

Amenities

washer and dryer in unit
heat pump and central AC
walk-in closet
Listing Agency: Investment Real Estate of the Poconos
Listed By: Jeremiah Noll · License #RM425840
Source: Exprealty
Added: Aug 27 Changed: Oct 13 Last Checked: Oct 23 at 7:21AM

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

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Investment Insights

Based on property information with market context.

This renovated 1,100-square-foot condominium is configured with 3 bedrooms, including one en suite bedroom, and 2 full baths. Each bedroom includes a walk-in closet. Interior features include a heat pump, central AC, and an in-unit washer and dryer. The property is professionally managed, while the condominium association maintains the grounds and exterior.

Located at 202-105 View Ct in Mount Pocono, the residence is near bus lines, shopping, grocery stores, hair and fitness services, employment, and public water and sewer. The current lease ends in March, and the tenants have expressed interest in staying. This offering includes 1 three-bedroom condominium.

Key Highlights

  • 1,100‑square‑foot renovated condominium
  • 3 bedrooms, including 1 en suite, with 2 full baths
  • Walk‑in closet in each bedroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,858
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$197,160 $197.2K
Cap Rate 7%
$140,829 $140.8K
Cap Rate 9%
$109,533 $109.5K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$18.6K $16.92/SF
− Vacancy
−$689 −$0.63/SF
EGI
$17.9K $16.29/SF
− OpEx
−$8.1K −$7.33/SF
NOI
$9.9K $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%
$197,160
Cap Rate 7%
$140,829
Cap Rate 9%
$109,533

Alternative Uses

Best Use
Apartment 5plus
$140.8K
$123.2K – $164.3K (±1% cap)
NOI $9,858 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$329.2K
$288.1K – $384.1K (±1% cap)
NOI $23,047 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

400
Businesses Nearby

Demographics for 18344, PA

3,497
Population
1,621
Households
2.2
Avg Household Size
43
Median Age
26%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
448
Density / Sq Mi
$85,215
Median Household Income
$43,715
Median Earnings
$890
Median Rent
$171,600
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Renovated condominium with in-unit laundry and association-maintained exterior grounds.
Where is this residential income property located?
The property is located at 202-105 View Ct Mount Pocono, PA.
What is the asking price?
The asking price for this property is $170,000.
What are key features of this property?
This property features: 1,100‑square‑foot renovated condominium; 3 bedrooms, including 1 en suite, with 2 full baths; Walk‑in closet in each bedroom
More about this property
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