Contemporary Home with Wraparound
For Sale
$239,900
945 Country Place Drive, Coolbaugh Twp, PA 18466
ResidentialIncome, Coolbaugh Twp, PA
Property Size1,200 SF
Lot Size0.21 Acres
Price / SF$199.92
Days on Market92
Property Features for 945 Country Place Drive
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3- Residential / Medium
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
Parking features
Off Street, Driveway
Interior features
Fireplace
Fireplace
1
Subdivision
Pocono Country Place
Elementary school district
Pocono Mountain
Middle school district
Pocono Mountain
High school district
Pocono Mountain
Directions
Take PA-33 to I-80W toward Hazleton, take exit 298 for PA-611N, turn L to PA-611N, turn R to PA-196N/Sterling Rd, turn L to Country Pl Dr, turn R to stay on Country Pl Dr, the destination will be on the R
Standard status
Active
APN
03635805073848
Size
1,200 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Annual Amount
1759
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Ceiling Fan(s), Window Unit(s)
Water source
Public
Building Details
Year built
1982
Floors in Building
2
Number of units
1
Flooring type
Carpet
Building materials
VinylSiding
Listing Agency:
Keller Williams Northampton · Keller Williams Realty
(610) 867-8888
Listed By:
Shabana Pathan · License #RS307275
(610) 867-8888
Added: Jun 2
Changed: Sep 1
Last Checked: Sep 1 at 11:06PM
MLS# 778203
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 contemporary home offers a 2-bedroom, 2-bath layout with a full vinyl facade and wall-to-wall carpet through the main living areas. The open-concept family and dining rooms include a vaulted ceiling with skylights and a ceiling fan, plus floor-to-ceiling wood-paneled walls and a stone fireplace with mantel. The dining area provides sliding door access to a walkout deck, and the open kitchen is equipped with stainless steel appliances, a recessed lighting package, a ceiling fan, and a breakfast peninsula.
A large wraparound paved driveway begins at the front of the home and extends around three sides, providing parking for guests. Additional features include a first-floor bedroom with access to a full bath and a finished loft that can serve as an office or sitting area overlooking the family room. The second bedroom includes a vaulted ceiling, wall-to-wall carpet, and dual closets, and the second full bath offers luxury vinyl plank flooring with a tub/shower combination.
The home is described as conveniently located near major highways I-80, I-380, and I-84, as well as Camelback Ski Resort, K Pool, Dresser Lake Park, Pocono Farms Country Club Association, shops, and restaurants. All furniture and belongings are included in the sale, which may simplify move-in planning for an owner-occupant or tenant-ready setup for an investor.
A large wraparound paved driveway begins at the front of the home and extends around three sides, providing parking for guests. Additional features include a first-floor bedroom with access to a full bath and a finished loft that can serve as an office or sitting area overlooking the family room. The second bedroom includes a vaulted ceiling, wall-to-wall carpet, and dual closets, and the second full bath offers luxury vinyl plank flooring with a tub/shower combination.
The home is described as conveniently located near major highways I-80, I-380, and I-84, as well as Camelback Ski Resort, K Pool, Dresser Lake Park, Pocono Farms Country Club Association, shops, and restaurants. All furniture and belongings are included in the sale, which may simplify move-in planning for an owner-occupant or tenant-ready setup for an investor.
Key Highlights
- 2‑bedroom, 2‑bath contemporary home built in 1982 with fireplace and a finished loft
- Stone fireplace with mantel and vaulted ceiling in the open‑concept family/dining area with skylights
- Wraparound paved driveway on three sides with off‑street parking and driveway access
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
$10,754
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
4.48%
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%
$215,080
$215.1K
Cap Rate 7%
$153,629
$153.6K
Cap Rate 9%
$119,489
$119.5K
Market Conditions
NOI Build-Up for 1,200 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
$20.3K $16.92/SF
− Vacancy
−$751 −$0.63/SF
EGI
$19.6K $16.29/SF
− OpEx
−$8.8K −$7.33/SF
NOI
$10.8K $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%
$215,080
Cap Rate 7%
$153,629
Cap Rate 9%
$119,489
Alternative Uses
Best Use
Apartment 5plus
$153.6K
$134.4K – $179.2K
NOI $10,754 @ 7.0% cap · market cap 4.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$359.2K
$314.3K – $419.0K
NOI $25,142 @ 7.0% cap · market cap 10.48%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
30
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - 2-bedroom, 2-bath contemporary with vaulted skylights, a stone fireplace, and a walkout deck for everyday comfort.
Where is this single family property located?
The property is located at 945 Country Place Drive Coolbaugh Twp, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath contemporary home built in 1982 with fireplace and a finished loft; Stone fireplace with mantel and vaulted ceiling in the open‑concept family/dining area with skylights; Wraparound paved driveway on three sides with off‑street parking and driveway access
