Park Model Home Community
For Sale
$45,900
E4-287 Shetland Trail, Gouldsboro, PA 18424
LAND - Gouldsboro, PA
Property Size399 SF
Lot Size0.12 Acres
Price / SF$115.04
Days on Market354
Property Features for E4-287 Shetland Trail
General Information
Property type
Land
Property subtype
Other
Zoning description
Restricted
Patio and Porch features
Deck
High school district
North Pocono SD
Directions
From Security Gate go to stop sign and make a right onto Eagle Lake Drive. Follow to stop sign and make a right onto Skyview Drive. Follow to 2nd Equestrian Trail make a left onto Equestrian Trail. Make a quick left onto Shetland Trail property will be on the right.
Standard status
Active
APN
22801060059
Lot size
0.12 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1024
HOA Fee
$171 Monthly
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Eagle Lake Realty
(570) 842-1988
Listed By:
Kenneth Maconeghy
(570) 842-1988
Added: Sep 4, 2025
Changed: Jul 16
Last Checked: Aug 23 at 11:06AM
MLS# 11614625
Copyright © 2026 My State MLS. 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 offering includes a park model home in the asking price, measuring 399 square feet. The property is governed by zoning that prohibits using the home as a primary residence. The community operates as a vacation-only park model environment, while still allowing year-round use.
The site is part of Eagle Lake, a park model community in Gouldsboro, Pennsylvania, within Lackawanna County. The community amenities referenced in the listing include a 70-acre lake, clubhouse, an Olympic-size swimming pool, outdoor jacuzzis, tennis courts, recreation areas, and a fitness room, along with extensive planned activities. The listing also states that water, sewer, dumpster use, and 24-hour security are included with the yearly dues.
For buyers looking for a park model setup restricted to vacation use rather than a primary residence, this lot-and-home package provides an organized community framework. Cash sales only are noted in the listing. If you’re evaluating options for year-round enjoyment within the vacation-use parameters, this property presents a defined, amenity-supported operating model with included essential services through the association dues.
The site is part of Eagle Lake, a park model community in Gouldsboro, Pennsylvania, within Lackawanna County. The community amenities referenced in the listing include a 70-acre lake, clubhouse, an Olympic-size swimming pool, outdoor jacuzzis, tennis courts, recreation areas, and a fitness room, along with extensive planned activities. The listing also states that water, sewer, dumpster use, and 24-hour security are included with the yearly dues.
For buyers looking for a park model setup restricted to vacation use rather than a primary residence, this lot-and-home package provides an organized community framework. Cash sales only are noted in the listing. If you’re evaluating options for year-round enjoyment within the vacation-use parameters, this property presents a defined, amenity-supported operating model with included essential services through the association dues.
Key Highlights
- Park Model Home included in the asking price and measures 399 SF.
- Zoning prohibits use as a primary residence.
- Vacation‑use community (all year round permitted) with 70‑acre lake.
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
$3,759
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
8.19%
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%
$75,180
$75.2K
Cap Rate 7%
$53,700
$53.7K
Cap Rate 9%
$41,767
$41.8K
Market Conditions
NOI Build-Up for 399 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
$7.4K $18.60/SF
− Vacancy
−$586 −$1.47/SF
EGI
$6.8K $17.13/SF
− OpEx
−$3.1K −$7.71/SF
NOI
$3.8K $9.42/SF
Area
Wayne County, PA
Vacancy
7.90%
Lease Rate
$18.60 /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%
$75,180
Cap Rate 7%
$53,700
Cap Rate 9%
$41,767
Alternative Uses
Best Use
Apartment 5plus
$53.7K
$47.0K – $62.7K
NOI $3,759 @ 7.0% cap · market cap 8.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$97.3K
$85.1K – $113.5K
NOI $6,810 @ 7.0% cap · market cap 14.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
7
Businesses Nearby
Explore this area
Business Placement
Demographics for 18424, PA
5,598
Population
4,031
Households
1.4
Avg Household Size
49
Median Age
22%
College-Educated
93%
High-School Grad
81.2 sq mi
ZIP Area
69
Density / Sq Mi
$62,192
Median Household Income
$37,167
Median Earnings
$994
Median Rent
$191,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Includes a park model home for vacation use, with community utilities and 24-hour security included in annual dues.
Where is this mobile home & rv park located?
The property is located at E4-287 Shetland Trail Gouldsboro, PA.
What is the asking price?
The asking price for this property is $45,900.
What are key features of this property?
This property features: Park Model Home included in the asking price and measures 399 SF.; Zoning prohibits use as a primary residence.; Vacation‑use community (all year round permitted) with 70‑acre lake.
