Park Model Home Lot for
For Sale
$98,500
E-99 Equestrian Trail, Gouldsboro, PA 18424
Land, Gouldsboro, PA
Property Size399 SF
Lot Size0.13 Acres
Price / SF$246.87
Days on Market277
Property Features for E-99 Equestrian 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 the first stop sign. At the stop sign take a right and continue to Skyview Dr. Once on Skyview Dr, continue to Equestrian Trail on left side. Turn left onto Equestrian Trail and property will be on the left hand side.
Standard status
Active
APN
22702050007
Lot size
0.13 Acres
Taxes and HOA fees
Tax Annual Amount
1276
HOA Fee
$171 Monthly
Utilities
Sewer type
Public Sewer
Water source
Public
Listing Agency:
Eagle Lake Realty
Listed By:
Kenneth Maconeghy
(570) 842-1988
Added: Dec 16, 2025
Changed: Sep 4
Last Checked: Sep 19 at 7:06AM
MLS# 11619371
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 2014 Canterbury Park Model RV Park Model Home on a graveled lot. The unit is 399 square feet and features one bedroom, a loft area, and a private pull-across arrangement with accordion slider. On the lot there is an 8x10 shed, a pine-finished 12x12 Florida room, and a 400-square-foot deck.
E-99 is within Eagle Lake, a Park Model Home community designated for vacation use only; the community notes the homes are able to be used all year round. The community features a 70-acre lake, clubhouse, Olympic-size swimming pool, outdoor jacuzzis, tennis courts, recreation areas, and a fitness room with extensive planned activities.
Water, sewer, dumpster use, and 24-hour security are included with the yearly dues. The listing indicates cash sales only, and zoning prohibits using the unit as a primary residence.
E-99 is within Eagle Lake, a Park Model Home community designated for vacation use only; the community notes the homes are able to be used all year round. The community features a 70-acre lake, clubhouse, Olympic-size swimming pool, outdoor jacuzzis, tennis courts, recreation areas, and a fitness room with extensive planned activities.
Water, sewer, dumpster use, and 24-hour security are included with the yearly dues. The listing indicates cash sales only, and zoning prohibits using the unit as a primary residence.
Key Highlights
- 2014 Canterbury Park Model RV home included in the asking price (399 SF) with 1 bedroom plus loft area
- Private pull across accordion slider and a graveled lot
- Amenities on‑site for vacation use: 70‑acre lake, clubhouse, Olympic‑size swimming pool, outdoor jacuzzis, tennis courts, and recreation areas
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
3.82%
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 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$97.3K
$85.1K – $113.5K
NOI $6,810 @ 7.0% cap · market cap 6.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
6
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Single family property - Graveled lot includes a 2014 1-bedroom park model with loft, plus shed, Florida room, and deck; primary residence prohibited.
Where is this single family property located?
The property is located at E-99 Equestrian Trail Gouldsboro, PA.
What is the asking price?
The asking price for this property is $98,500.
What are key features of this property?
This property features: 2014 Canterbury Park Model RV home included in the asking price (399 SF) with 1 bedroom plus loft area; Private pull across accordion slider and a graveled lot; Amenities on‑site for vacation use: 70‑acre lake, clubhouse, Olympic‑size swimming pool, outdoor jacuzzis, tennis courts, and recreation areas
