Add Listing
    For Sale
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    Masthope Plank Road Lackawaxen, PA 18435

    View on Map
    Claim this Listing
    New
    For Sale
    $350,000

    LAND - Lackawaxen, PA

    Lot size:
    3.76 Acres
    Added:
    Apr 30, 2026
    Days on Market:
    4
    Last Refresh:
    May 3 at 5:06 am

    Property Features for Masthope Plank Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    APN
    100296
    Lot size
    3.76 Acres

    Taxes and HOA fees

    Tax Year
    2026
    Tax Description
    Lot 7
    Tax Annual Amount
    1015

    Utilities

    Sewer type
    Septic Needed
    Water source
    Well Needed
    Water front
    1

    We can help!

    Listing Contact
    Katherine Bennett

    Listing agent Katherine Bennett

    Listing office RE/MAX Crossroads 815 Seven Bridge Road, East Stroudsburg, PA

    Listing date Apr 30, 2026

    MLS# PM-140893 Listing URL

    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.

    Overview

    Riverfront Land Opportunity in Lackawaxen

    This 3.76-acre riverfront lot presents a rare opportunity to build a home with no HOA. The property features over 800 feet of frontage along the Delaware River, providing a private setting with views and water access. Some areas of the property have already been cleared. Ski Big Bear is located a few miles away. The property is located in Lackawaxen, PA.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Waterfront Land

    Map

    City
    Lackawaxen
    County
    Pike
    State
    Pennsylvania
    Longitude
    -74.984823
    Latitude
    41.497356

    Nearby Similar for Sale

    • $64,900

      Secluded Land Near Delaware River

      Private, wooded 1.71-acre lot with septic system and driveway.
      157 Mountain Top Road, Lackawaxen, PA 18435
      View Details
    • $19,500

      Level Lot in Tink Wig

      1.07 acre level lot in Tink Wig community.
      Red Rock Circle, Lackawaxen, PA 18435
      View Details
    • $80,000

      Land Near Lackawaxen River

      Two parcels totaling 4.04 acres near the Lackawaxen River.
      Blossom Road lot: 57, Lackawaxen, PA 18435
      View Details
    • $29,000

      Vacant Land Near Lackawaxen River

      Secluded wooded land near Lackawaxen River, perfect for nature enthusiasts.
      Mountain Top Road lot: 156, Lackawaxen, PA 18435
      View Details
    • $29,000

      Secluded Wooded Land Near River

      Vacant land with lush trees near Lackawaxen River.
      Mountain Top Road lot: 142, Lackawaxen, PA 18435
      View Details
    • $250,000

      Lackawaxen Riverfront Land For Sale

      8.56 acres of riverfront land with 1100+ feet frontage.
      Lance Corporal Jacob Biesel Road, Lackawaxen, PA 18435
      View Details
    • $15,900

      Beautiful Building Lot in Poconos

      0.728-acre lot in Fawn Lake Forest community.
      Oak Court lot: 57, Lackawaxen, PA 18435
      View Details
    • $25,000

      Private Lot in Lackawaxen, PA

      Residential lot bordering greenbelt with community amenities.
      806 Pioneer Court, Lackawaxen, PA 18435
      View Details
    • $266,000

      Picturesque Land in Lackawaxen, PA

      8+ acres of land with foundation, septic, and well.
      461 Lackawaxen Road, Lackawaxen, PA 18435
      View Details
    • $15,500

      Residential Lot in Fawn Lake

      Residential lot in Fawn Lake with community amenities.
      Evergreen Court lot: 268, Lackawaxen, PA 18435
      View Details
    • $8,500

      Residential Land in Lackawaxen, PA

      Residential land for sale in Lackawaxen, Pennsylvania.
      W Colang Court, Lackawaxen, PA 18435
      View Details
    • $118,000

      Lackawaxen, PA 10+ Acre Land

      10+ acre parcel in the heart of Lackawaxen Township.
      Park Place lot: C, Lackawaxen, PA 18435
      View Details

    FAQs

    What type of property is this?
    Waterfront Land - 3.76-acre riverfront lot with 800+ feet of Delaware River frontage.
    Where is this waterfront land located?
    The property is located at Masthope Plank Road Lackawaxen, PA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: 3.76‑acre riverfront lot on the Delaware River; Enjoy 800+ feet of river frontage providing a private setting; No HOA
    (570) 424-8850
    We can help!
    Listing Contact
    Katherine Bennett
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    Masthope Plank Road, Lackawaxen, PA 18435

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!