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Multifamily Property with Outbuildings
For Sale
$435,000

558 Effort Neola Road, Brodheadsville, PA 18322

Residential Income, Brodheadsville, PA

Property Size2,650 SF
Lot Size2.14 Acres
Price / SF$164.15
Days on Market9

Property Features for 558 Effort Neola Road

General Information

Property type Residential Multi Family
Property subtype Single Family Residence
Zoning RR
Zoning description Residential
Bedrooms 4
Bathrooms 6
Full bathrooms 4
Half bathrooms 3
Rooms Bathroom 4, Bathroom 6, Bedroom 3, Bedroom 2, Bathroom 5, Bedroom 4, Bedroom 1, Bathroom 2, Bathroom 1, Basement, Bathroom 3, Bathroom 7
Patio and Porch features Porch
Interior features Walk-In Closet(s)
Fireplace 1
Basement Unfinished, Full
Appliances Self Cleaning Oven, Electric Range, Refrigerator, Water Heater, Dishwasher, Range Hood, Microwave, Washer, Dryer
Lot features Corner Lot, Paved
Elementary school district Pleasant Valley
Middle school district Pleasant Valley
High school district Pleasant Valley
Subdivision Chestnuthill Township
Standard status Active
APN 02625900014987
Size 2,650 SF
Lot size 2.14 Acres

Taxes and HOA fees

Tax Annual Amount 4979

Utilities

Utilities Propane
Sewer type Cesspool
Heating system Oil, Electric (Heating), Baseboard, Propane (Heating)
Cooling system Ceiling Fan(s), Separate Meters
Water source Well

Building Details

Year built 1902
Floors in Building 2
Number of units 3
Building materials Stone, Vinyl Siding
Roof type Asphalt, Shingle
Architectural style Cape Cod, Ranch
Additional Structures Outbuilding
Listing Agency: Coldwell Banker Pennco Real Estate · Coldwell Banker Real Estate
Listed By: Suzanne Melnick
Added: Aug 15 Changed: Aug 19 Last Checked: Aug 23 at 10:06AM
MLS# PM-143962

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.

Investment Insights

Based on property information with market context.

This multifamily property includes two residences along with three detached buildings. The primary home contains 3 bedrooms and 2 baths, with original hardwood floors, French doors, a quartz fireplace, and stained glass windows. The second residence offers 1 bedroom, 1 bath, a new kitchen, and new flooring. The property also includes a 3-car detached garage, a two-story workshop with a 2-bay garage, and a two-story storage building.

The buildings occupy a 2.14-acre property at 558 Effort Neola Road in Brodheadsville, Pennsylvania. The primary residence was built in 1902 and features Ranch and Cape Cod architectural elements, a porch, stone and vinyl siding, and shingle and asphalt roofing. Additional property features include a well, cesspool, propane utility, baseboard heating, ceiling fans, and a fireplace.

Key Highlights

  • Two residences: a 3‑bedroom, 2‑bath main home and a 1‑bedroom, 1‑bath second home
  • 2.14‑acre property at 558 Effort Neola Road, Brodheadsville, PA 18322
  • 3‑car detached garage measuring 40x25

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
$23,748
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
5.46%
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%
$474,960 $475.0K
Cap Rate 7%
$339,257 $339.3K
Cap Rate 9%
$263,867 $263.9K
Market Conditions
NOI Build-Up for 2,650 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
$44.8K $16.92/SF
− Vacancy
−$1.7K −$0.63/SF
EGI
$43.2K $16.29/SF
− OpEx
−$19.4K −$7.33/SF
NOI
$23.7K $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%
$474,960
Cap Rate 7%
$339,257
Cap Rate 9%
$263,867

Alternative Uses

Best Use
Apartment 5plus
$339.3K
$296.9K – $395.8K (±1% cap)
NOI $23,748 @ 7.0% cap · market cap 5.46%
Second Best
no second resolved use
Theoretical Best
Office A
$793.2K
$694.0K – $925.4K (±1% cap)
NOI $55,523 @ 7.0% cap · market cap 12.76%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Multifamily properties

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

7
Businesses Nearby

Demographics for 18322, PA

2,511
Population
969
Households
2.6
Avg Household Size
48
Median Age
26%
College-Educated
86%
High-School Grad
6.9 sq mi
ZIP Area
364
Density / Sq Mi
$108,642
Median Household Income
$38,606
Median Earnings
$992
Median Rent
$274,000
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Multifamily property - Two residences are complemented by multiple detached garages, a workshop, and a substantial storage building.
Where is this multifamily property located?
The property is located at 558 Effort Neola Road Brodheadsville, PA.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Two residences: a 3‑bedroom, 2‑bath main home and a 1‑bedroom, 1‑bath second home; 2.14‑acre property at 558 Effort Neola Road, Brodheadsville, PA 18322; 3‑car detached garage measuring 40x25
More about this property
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