Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    102 Wood St Middletown, PA 17057-1238
    Back to Search
    Property profile & analytics

    102 Wood St, Middletown, PA 17057-1238

    View on Map
    • Apartment buildings
    • 4,860 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Nov 3, 2021
    $490,000
    Property ID
    US73-1025277
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Apartment buildings

    Property Details for 102 Wood St

    Year built
    1920
    Construction
    FRAME
    Lot size
    0.15 lot acres
    Property type
    Apartment buildings
    APN
    41-002-054
    APU
    41002054

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 18, 2022 — City Line Real Estate LLC — Deed · related $480k · Bank Of Bird In Hand
    Nov 3, 2021 $490,000 City Line Real Estate LLC Matincheck Associates INC Deed $490k · Mulberry Investments LLC
    Sep 24, 2014 $290,000 Matincheck Associates INC Zalek,l Richard Grant Deed $300k · Members First FCU
    — — L Richard Zalek — Deed Of Trust · related $250k · Centric Bank NA

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Dauphin
    State
    Pennsylvania
    Longitude
    -76.7342
    Latitude
    40.1959
    CBSA code
    25420
    CBSA name
    HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $6,790
    $10,100
    $154,600
    $164,700
    -
    $10,100
    $154,600
    $164,700

    Comparable in this City

    • Value Estimation by Request
      1,412 SF

      Tarheel Ln

      APARTMENT HOUSE (5+ UNITS)
      Tarheel Ln, Middletown, PA 17057
      View Details
    • Value Estimation by Request
      6,318 SF

      154 Ann St

      APARTMENT HOUSE (5+ UNITS)
      154 Ann St, Middletown, PA 17057-1369
      View Details
    • Value Estimation
      $11,210,000
      97,830 SF

      451 Main St

      APARTMENT HOUSE (5+ UNITS)
      451 Main St, Middletown, PA 17057-1224
      View Details
    • Value Estimation by Request
      2,916 SF

      132 Main St

      APARTMENT HOUSE (5+ UNITS)
      132 Main St, Middletown, PA 17057-1830
      View Details
    • Value Estimation
      $2,555,000
      3,110 SF

      500 Market St Ext

      APARTMENT HOUSE (5+ UNITS)
      500 Market St Ext, Middletown, PA 17057
      View Details
    • Value Estimation by Request
      1,770 SF

      333 Spruce St

      APARTMENT HOUSE (5+ UNITS)
      333 Spruce St, Middletown, PA 17057-1867
      View Details

    Similar Nearby for Sale

    • $204,000
      1,460 SF

      Middletown Multifamily Investment Opportunity

      Multifamily property with renovation potential in Middletown, PA.
      123 E Water St, Middletown, PA 17057
      View Details
    • $570,000
      3,296 SF

      Middletown Restaurant & Bar for Sale

      Turnkey Restaurant/Bar with Liquor License
      15 Mill St, Middletown, PA 17057
      View Details
    • Contact for pricing

      Development Opportunity on Eisenhower Boulevard

      1.644-acre site with Industrial Park zoning and high visibility.
      1144 S Eisenhower Blvd, Middletown, PA 17057
      View Details
    • Contact for pricing

      High Bay Industrial Complex

      Multi-tenant industrial complex with flexible design and abundant dock loading.
      1001 Aip Dr, Middletown, PA 17057
      View Details
    • Contact for pricing

      Middletown Pad Site For Sale

      0.69 acre commercially zoned pad site in Middletown, Pennsylvania.
      Spring Garden Dr, Middletown, PA 17057
      View Details

    Similar Nearby for Lease

    • $700 /Mo

      Professional Office Space Available

      Office suites for lease with convenient regional access.
      1801 Oberlin Rd, Middletown, PA 17057
      View Details
    • Contact for pricing

      Distribution Warehouse in Central PA

      Renovated distribution warehouse with convenient access to transportation hubs.
      500 Industrial Ln, Middletown, PA 17057
      View Details
    • Contact for pricing
      17,842 SF

      Middletown Flex Office Sublease

      Class A flex office space available for sublease.
      301 Fulling Mill Rd, Middletown, PA 17057
      View Details
    • Contact for pricing
      13,008 SF

      Middletown Office Space For Rent

      13,008 SF office space ideal for medical, education, engineering.
      4000 Vine St, Middletown, PA 17057
      View Details
    • Contact for pricing

      Industrial Space Available For Lease

      Industrial single tenant space available from 20,000 to 54,800 SqFt.
      Kreider Dr, Middletown, PA 17057
      View Details
    • Contact for pricing

      High Bay Industrial Complex

      Multi-tenant industrial complex with flexible design and abundant dock loading.
      1001 Aip Dr, Middletown, PA 17057
      View Details
    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.
    102 Wood St
    Middletown, PA 17057-1238
    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
    102 Wood St, Middletown, PA, 17057
    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!