3-Bedroom Income
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 Market13
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
(570) 972-9588
Listed By:
Jeremiah Noll · License #RM425840
(570) 971-2509
Source:
Exprealty
Added: Aug 27
Changed: Sep 7
Last Checked: Sep 7 at 2:57PM
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 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.
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 = 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
$9,858
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
5.80%
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%
$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
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
$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 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%
$197,160
Cap Rate 7%
$140,829
Cap Rate 9%
$109,533
Alternative Uses
Best Use
Apartment 5plus
$140.8K
$123.2K – $164.3K
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
NOI $23,047 @ 7.0% cap · market cap 13.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
400
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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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
