Duplex with Indoor
New
For Sale
$745,000
614 Lavender Lane, Canadensis, PA 18325
Residential Income, Canadensis, PA
Property Size3,546 SF
Lot Size1.43 Acres
Price / SF$210.10
Days on Market3
Property Features for 614 Lavender Lane
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R
Zoning description
Residential
Bedrooms
6
Bathrooms
3
Full bathrooms
4
Half bathrooms
1
Rooms
Basement, Bedroom 6, Bedroom 3, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bathroom 1, Bedroom 4
Patio and Porch features
Patio, Porch
Pool private
1
Interior features
Granite Counters, Sauna, In-Law Floorplan
Fireplace
1
Appliances
Electric Range, Refrigerator, Water Heater, Dishwasher, Microwave
Lot features
Sloped, Wooded
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Subdivision
Barrett Township
Standard status
Active
APN
01.22.1.24
Size
3,546 SF
Lot size
1.43 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
14265
Utilities
Sewer type
Septic Tank
Heating system
Baseboard, Propane (Heating), Ductless (Heating), Radiant, Electric (Heating), Heat Pump (Heating)
Cooling system
Heat Pump, Electric, Ductless
Water source
Well
Building Details
Year built
1928
Floors in Building
2
Number of units
2
Flooring type
Softwood, Tile - Ceramic
Roof type
Fiberglass, Asphalt
Architectural style
Other
Additional Structures
Guest House
Listing Agency:
Classic Properties - Mountainhome
(570) 595-3705
Listed By:
Stephanie Benjamin
(570) 587-7000
Added: Sep 14
Last Checked: Sep 16 at 12:06AM
MLS# PM-144710
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 1928 duplex property in Canadensis, Pennsylvania, occupies 1.43 acres and includes 3,546 square feet of property space. The residence features an indoor pool room, sauna, lower-level game room with pool table and mini bar, fireplaces, and a primary suite with a private bath, clawfoot soaking tub, and separate shower. The kitchen is equipped with stainless steel appliances and granite counters. A detached apartment adds separate living space for guests, extended family, a home office, or other residential use.
The property is near Buck Hill Falls and has no homeowners association. Township approval is in place for Airbnb and short-term rental use. Additional features include a patio, porch, well water, septic service, propane and electric heating systems, ductless cooling, and a private pool.
The property is near Buck Hill Falls and has no homeowners association. Township approval is in place for Airbnb and short-term rental use. Additional features include a patio, porch, well water, septic service, propane and electric heating systems, ductless cooling, and a private pool.
Key Highlights
- 1.43‑acre property in Canadensis, PA
- 3,546 square feet of property space
- Indoor pool room, private sauna, and lower‑level game room
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
$34,486
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
4.63%
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%
$689,720
$689.7K
Cap Rate 7%
$492,657
$492.7K
Cap Rate 9%
$383,178
$383.2K
Market Conditions
NOI Build-Up for 3,546 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
$51.1K $14.40/SF
− Vacancy
−$1.8K −$0.51/SF
EGI
$49.3K $13.89/SF
− OpEx
−$14.8K −$4.17/SF
NOI
$34.5K $9.73/SF
Area
Monroe County, PA
Vacancy
3.52%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
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%
$689,720
Cap Rate 7%
$492,657
Cap Rate 9%
$383,178
Alternative Uses
Best Use
Multifamily LT 5
$492.7K
$431.1K – $574.8K
NOI $34,486 @ 7.0% cap · market cap 4.63%
Second Best
Apartment 5plus
$454.0K
$397.2K – $529.6K
NOI $31,778 @ 7.0% cap · market cap 4.27%
Theoretical Best
Office A
$1.06M
$928.7K – $1.24M
NOI $74,296 @ 7.0% cap · market cap 9.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
49
Businesses Nearby
Explore this area
Business Placement
Demographics for 18325, PA
2,284
Population
1,415
Households
1.6
Avg Household Size
51
Median Age
49%
College-Educated
96%
High-School Grad
43.0 sq mi
ZIP Area
53
Density / Sq Mi
$114,885
Median Household Income
$59,250
Median Earnings
$241,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Duplex - Flexible residential property with a detached apartment, recreation amenities, and township approval for short-term rental use.
Where is this duplex located?
The property is located at 614 Lavender Lane Canadensis, PA.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: 1.43‑acre property in Canadensis, PA; 3,546 square feet of property space; Indoor pool room, private sauna, and lower‑level game room
