Park Model RV Park Site with
For Sale
$89,000
WD2-216 Hickory Place, Gouldsboro, PA 18424
Land, Gouldsboro, PA
Property Size399 SF
Price / SF$223.06
Days on Market101
Property Features for WD2-216 Hickory Place
General Information
Property type
Land
Property subtype
Other
Zoning description
Restricted
Patio and Porch features
Deck
Subdivision
Eagle Lake Community
High school district
North Pocono SD
Directions
From security gate follow to stop sign. Make a right onto Eagle Lake Drive. Follow to Woodland Way make a right Follow to Hickory Place make a left property will be on the right.
Standard status
Active
APN
227021020216
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
809
HOA Fee
$171 Monthly
Utilities
Sewer type
Public Sewer
Water source
Public
Amenities
gazebo
Listing Agency:
Eagle Lake Realty
Listed By:
Kenneth Maconeghy
(570) 842-1988
Added: May 28
Changed: Sep 4
Last Checked: Sep 5 at 6:06AM
MLS# 11792958
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 park model home site includes a park model home measuring 399 sq ft and a gazebo. A deck is also present on the property. Zoning prohibits using the park model as a primary residence, and the community is marketed for vacation use only.
Eagle Lake is a park model home community with shared amenities including a 70 Acre lake, clubhouse, Olympic size swimming pool, outdoor jacuzzis, tennis courts, recreation areas, and a fitness room. The community also offers extensive planned activities.
Utilities and services included with the yearly dues include water, sewer, dumpster use, and 24-hour security. The listing notes cash sales only. Public water and public sewer are provided for the property.
Eagle Lake is a park model home community with shared amenities including a 70 Acre lake, clubhouse, Olympic size swimming pool, outdoor jacuzzis, tennis courts, recreation areas, and a fitness room. The community also offers extensive planned activities.
Utilities and services included with the yearly dues include water, sewer, dumpster use, and 24-hour security. The listing notes cash sales only. Public water and public sewer are provided for the property.
Key Highlights
- Park model home included and measures 399 sq ft with gazebo on site
- Zoning prohibits using as a primary residence; vacation use only
- Eagle Lake community amenities include a 70 Acre lake and clubhouse
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
4.22%
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 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$97.3K
$85.1K – $113.5K
NOI $6,810 @ 7.0% cap · market cap 7.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
14
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential land & home lot - Park model home on a deck lot; zoning limits use to vacation purposes, with public water and public sewer.
Where is this residential land & home lot located?
The property is located at WD2-216 Hickory Place Gouldsboro, PA.
What is the asking price?
The asking price for this property is $89,000.
What are key features of this property?
This property features: Park model home included and measures 399 sq ft with gazebo on site; Zoning prohibits using as a primary residence; vacation use only; Eagle Lake community amenities include a 70 Acre lake and clubhouse
