Three-Unit Property with
For Sale
$1,180,000
40 Brushy Mountain Road, East Stroudsburg, PA 18301
ResidentialIncome, Stroud Twp, PA
Property Size3,280 SF
Lot Size5.00 Acres
Price / SF$359.76
Days on Market49
Property Features for 40 Brushy Mountain Road
General Information
Property type
Residential Multi Family
Property subtype
Apartment
Zoning
R-3
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 2, Bathroom 1, Bathroom 3, Bathroom 4
Parking
8
Parking features
Off Street, Parking Lot
Subdivision
Not in Development
Elementary school district
Stroudsburg
Middle school district
Stroudsburg
High school district
Stroudsburg
Directions
Route 447 to Brushy Mountain Road, second driveway on right. Pull up to the right side of the building and park in front of the sheds.
Standard status
Active
APN
17/3/1/19-4
Size
3,280 SF
Lot size
5.00 Acres
Taxes and HOA fees
Tax Annual Amount
6335
Utilities
Sewer type
Septic Tank
Heating system
Electric (Heating)
Cooling system
Ceiling Fan(s)
Water source
Well
Building Details
Year built
1987
Floors in Building
1
Number of units
4
Building materials
VinylSiding
Listing Agency:
Keller Williams Northampton · Keller Williams Realty
(610) 867-8888
Listed By:
Kelly L. Houston · License #RS337374
(610) 867-8888
Added: Jul 8
Changed: Aug 19
Last Checked: Aug 25 at 1:06PM
MLS# 780351
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,280-square-foot triplex was built in 1987 and includes two upper residences with two bedrooms each, plus a lower one-bedroom unit. Unit features include appliances, in-unit laundry, ceiling fans, storage, and private decks for the upper residences. One unit is vacant, while the other two provide established rental occupancy. The property also includes a separate garage, shop, and office area, along with two storage sheds.
Set on 5 acres in Stroud Twp, the property is served by a private well and septic system and has R-3 zoning. Parking includes off-street spaces and a parking lot. Recent property updates include a replaced well pump, a new water heater with warranty, and a power-washed vinyl-sided exterior.
Set on 5 acres in Stroud Twp, the property is served by a private well and septic system and has R-3 zoning. Parking includes off-street spaces and a parking lot. Recent property updates include a replaced well pump, a new water heater with warranty, and a power-washed vinyl-sided exterior.
Key Highlights
- 3,280‑square‑foot triplex on 5 acres
- Three residential units: two 2‑bedroom upper units and one 1‑bedroom lower unit
- One vacant unit and two units with established rental occupancy
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
$51,542
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
4.37%
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%
$1,030,840
$1.0M
Cap Rate 7%
$736,314
$736.3K
Cap Rate 9%
$572,689
$572.7K
Market Conditions
NOI Build-Up for 3,280 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
$78.7K $24.00/SF
− Vacancy
−$10.0K −$3.05/SF
EGI
$68.7K $20.95/SF
− OpEx
−$17.2K −$5.24/SF
NOI
$51.5K $15.71/SF
Area
Monroe County, PA
Vacancy
12.70%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
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%
$1,030,840
Cap Rate 7%
$736,314
Cap Rate 9%
$572,689
Alternative Uses
Best Use
Office B
$736.3K
$644.3K – $859.0K
NOI $51,542 @ 7.0% cap · market cap 4.37%
Second Best
Mixed Use
$556.7K
$487.1K – $649.4K
NOI $38,966 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$981.8K
$859.0K – $1.15M
NOI $68,723 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
61
Businesses Nearby
Explore this area
Business Placement
Demographics for 18301, PA
29,184
Population
11,125
Households
2.6
Avg Household Size
37
Median Age
34%
College-Educated
89%
High-School Grad
38.1 sq mi
ZIP Area
766
Density / Sq Mi
$90,488
Median Household Income
$40,202
Median Earnings
$1,350
Median Rent
$246,100
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Triplex - Five-acre R-3 property combines residential units with a separate garage, shop, and office structure.
Where is this triplex located?
The property is located at 40 Brushy Mountain Road East Stroudsburg, PA.
What is the asking price?
The asking price for this property is $1,180,000.
What are key features of this property?
This property features: 3,280‑square‑foot triplex on 5 acres; Three residential units: two 2‑bedroom upper units and one 1‑bedroom lower unit; One vacant unit and two units with established rental occupancy
