Park Model Community Land
For Sale
$125,000
S7-701 & 702 Grouse Lane, Gouldsboro, PA 18424
Land, Gouldsboro, PA
Property Size399 SF
Lot Size0.28 Acres
Price / SF$313.28
Days on Market141
Property Features for S7-701 & 702 Grouse Lane
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 left onto Eagle Lake Drive. Follow to stop sign make a left onto Wild Life Way. Follow to stop sign make a left onto Woodchuck Lane follow to Purple Martin Drive make right. Follow to Bald Eagle Drive make a right follow to Grouse Lane make a right properties will be on the left.
Standard status
Active
APN
22002090701 & 22002090702
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1828
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: Apr 23
Changed: Sep 4
Last Checked: Sep 10 at 2:06PM
MLS# 11728967
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.
Two lots are offered together under one sale price, with separate deeds and separate dues and taxes. A park model home is included in the offering and measures 399 square feet. A gazebo is also included with the property.
The property is located within the Eagle Lake park model home community in Gouldsboro, Pennsylvania. The community supports vacation use only, and zoning prohibits use as a primary residence. Community amenities listed include a 70-acre lake, clubhouse, Olympic-size swimming pool, outdoor jacuzzis, tennis courts, recreation areas, and a fitness room, along with extensive planned activities. Water, sewer, dumpster use, and 24-hour security are included with the yearly dues.
This offering may fit buyers seeking an all-year-capable park model setup within a staffed, amenity-rich community setting where primary residence use is restricted. The seller notes that the transaction is cash only, and the two-lot structure with separate assessments may be relevant for budgeting and ownership planning.
The property is located within the Eagle Lake park model home community in Gouldsboro, Pennsylvania. The community supports vacation use only, and zoning prohibits use as a primary residence. Community amenities listed include a 70-acre lake, clubhouse, Olympic-size swimming pool, outdoor jacuzzis, tennis courts, recreation areas, and a fitness room, along with extensive planned activities. Water, sewer, dumpster use, and 24-hour security are included with the yearly dues.
This offering may fit buyers seeking an all-year-capable park model setup within a staffed, amenity-rich community setting where primary residence use is restricted. The seller notes that the transaction is cash only, and the two-lot structure with separate assessments may be relevant for budgeting and ownership planning.
Key Highlights
- Two lots sold together for one price; park model home is included
- Park model home included and measures 399 sq ft
- Deck and gazebo included on the property
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
3.01%
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 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$97.3K
$85.1K – $113.5K
NOI $6,810 @ 7.0% cap · market cap 5.45%
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
3
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
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Two combined lots in a park model community, with park model home and shared amenities governed by vacation-use zoning.
Where is this residential land & home lot located?
The property is located at S7-701 & 702 Grouse Lane Gouldsboro, PA.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two lots sold together for one price; park model home is included; Park model home included and measures 399 sq ft; Deck and gazebo included on the property
