394 Rt 447, Newfoundland, PA 18445
MULTI_FAMILY - Newfoundland, PA
- Added:
- Oct 30, 2025
- Days on Market:
- 247
- Last Refresh:
- Jul 3 at 1:06 am
Property Features for 394 Rt 447
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 14
- Bathrooms
- 11
- Rooms
- Bathroom 10, Bathroom 2, Bathroom 5, Bathroom 6, Bedroom 2, Bathroom 11, Bedroom 5, Bedroom 3, Bathroom 8, Bedroom 6, Bedroom 9, Bedroom 4, Bathroom 9, Bathroom 1, Bedroom 13, Bedroom 10, Bedroom 1, Bathroom 3, Bathroom 4, Basement, Bedroom 14, Bedroom 7, Bathroom 7, Bedroom 8, Bedroom 12, Bedroom 11
- Parking
- 12
- Standard status
- Active
- APN
- 111174
- Size
- 6,700 SF
- Lot size
- 5.00 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Lot 1 Hse Gar 3 Ob's Tennis Court
- Tax Annual Amount
- 5998
Building Details
- Year built
- 1930
- Floors in Building
- 2
- Number of units
- 2
Listing agent Walter J Lewis License #RS288060 (570) 421-2890
Listing office Keller Williams Real Estate - Stroudsburg 404 Park Avenue, Stroudsburg, PA (570) 421-2890
Listing date Oct 30, 2025
Copyright © 2026 Pocono Mountains Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Built in 1930 and arranged as a multi‑building income property with multiple bedrooms and baths across buildings
- Includes a hospitality facility originally known as “The White Cloud Inn,” with commercial kitchen equipment, large dining area, and living area
- Second building (“The Lodge”) offers multiple bedrooms and baths and has been rented on a short‑term basis
- Third building (“The Apartment Building”) is partially occupied and needs repairs to return it to full function
- Located in a township with no zoning, but a short‑term rental ordinance that permits STR
Overview
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $124.6k | $18.60 |
| − Vacancy | −$9.8k | −$1.47 |
| EGI | $114.8k | $17.13 |
| − OpEx | −$51.6k | −$7.71 |
| NOI | $63.1k | $9.42 |
Alternative Uses
Current Use by Public Records
Map
- City
- Newfoundland
- County
- Wayne
- State
- Pennsylvania
- Longitude
- -75.300764
- Latitude
- 41.272948