New
For Sale
$875,000
314-317 ARTHUR Circle, Tobyhanna, PA 18466
Multi-Family, TOBYHANNA, PA
Property Size5,620 SF
Lot Size2.28 Acres
Price / SF$155.69
Days on Market3
Property Features for 314-317 ARTHUR Circle
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Dining Room
Parking
3
Parking features
Driveway, Off Street, Garage - Detached
Interior features
Carpet, Dining Area, Floor Plan - Open, Kitchen - Eat-In, Ceiling Fan(s), Exposed Beams, Stove - Wood, Wood Floors
Fireplace
1
Appliances
Oven/Range - Electric, Refrigerator, Dishwasher, Washer, Dryer, Washer/Dryer Stacked
Subdivision
POCONO FARMS
Elementary school
CLEAR RUN ELEMENTARY CENTER
Middle school
POCONO MOUNTAIN WEST JUNIOR HIGH SCHOOL
High school
POCONO MOUNTAIN WEST
Elementary school district
POCONO MOUNTAIN
Middle school district
POCONO MOUNTAIN
High school district
POCONO MOUNTAIN
Standard status
Active
Size
5,620 SF
Lot size
2.28 Acres
Taxes and HOA fees
Tax Annual Amount
9774
Utilities
Heating system
Electric (Heating), Baseboard, Wood
Building Details
Year built
1968
Number of units
3
Building materials
Wood Siding
Architectural style
Rambler, Contemporary
Listing Agency:
Keller Williams Real Estate - Bethlehem · Keller Williams Realty
(610) 867-8888
Listed By:
Kelly Houston · License #RS337374
(484) 893-4518
Added: Aug 21
Last Checked: Aug 23 at 4:06AM
MLS# PAMR2007182
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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
$50,365
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
5.76%
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%
$1,007,300
$1.0M
Cap Rate 7%
$719,500
$719.5K
Cap Rate 9%
$559,611
$559.6K
Market Conditions
NOI Build-Up for 5,620 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
$95.1K $16.92/SF
− Vacancy
−$3.5K −$0.63/SF
EGI
$91.6K $16.29/SF
− OpEx
−$41.2K −$7.33/SF
NOI
$50.4K $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%
$1,007,300
Cap Rate 7%
$719,500
Cap Rate 9%
$559,611
Alternative Uses
Best Use
Apartment 5plus
$719.5K
$629.6K – $839.4K
NOI $50,365 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.68M
$1.47M – $1.96M
NOI $117,750 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
80
Businesses Nearby
Explore this area
Business Placement
Demographics for 18466, PA
17,000
Population
7,892
Households
2.2
Avg Household Size
38
Median Age
24%
College-Educated
89%
High-School Grad
35.0 sq mi
ZIP Area
486
Density / Sq Mi
$77,508
Median Household Income
$35,396
Median Earnings
$1,795
Median Rent
$181,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
Where is this multifamily property located?
The property is located at 314-317 ARTHUR Circle Tobyhanna, PA.
What is the asking price?
The asking price for this property is $875,000.
