Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    123 Charlotte Way East Stroudsburg, PA 18302-9131
    Property profile & analytics

    123 Charlotte Way, East Stroudsburg, PA 18302-9131

    View on Map
    • Office Spaces
    • 4,129 SF
    • 1.64 lot acres
    Off-Market
    Last Sale Sep 8, 2021
    $440,000
    Property ID
    US73-3332957
    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

    • Office Spaces

    Property Details for 123 Charlotte Way

    Year built
    1957
    Construction
    FRAME
    Lot size
    1.64 lot acres
    Zone code
    C1
    Property type
    Office Spaces
    APN
    09.9A.1.36
    APU
    099A136

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 8, 2021 $440,000 Thomas John Donnelly Anthony J Mecca Deed —
    Jan 31, 2020 — Anthony J Mecca Anthony J Mecca Quit Claim Deed · related —
    Nov 16, 2010 — Anthony J Mecca Mecca,anthony J & Rita A Quit Claim Deed · related —

    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
    East Stroudsburg
    County
    Monroe
    State
    Pennsylvania
    Longitude
    -75.1024
    Latitude
    41.053
    CBSA code
    20700
    CBSA name
    EAST STROUDSBURG, PA MICROPOLITAN 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
    2024
    $3,292
    $292,600
    $190,530
    $483,130
    -
    $292,600
    $190,530
    $483,130

    Comparable in this City

    • Value Estimation by Request
      52,540 SF

      1008 Sand Hill Rd

      Office Spaces
      1008 Sand Hill Rd, East Stroudsburg, PA 18302
      View Details
    • Value Estimation
      $1,585,000
      12,857 SF

      18 Riv Rd

      OFFICE BUILDING
      18 Riv Rd, East Stroudsburg, PA 18302
      View Details
    • Value Estimation
      $825,000
      6,720 SF

      147 Municipal Dr

      OFFICE BUILDING
      147 Municipal Dr, East Stroudsburg, PA 18302-9519
      View Details
    • Value Estimation by Request
      3,520 SF

      115 Imperial Dr

      OFFICE BUILDING
      115 Imperial Dr, East Stroudsburg, PA 18302-6738
      View Details
    • Value Estimation by Request
      4,874 SF

      112 Marshalls Crk Rd

      OFFICE BUILDING
      112 Marshalls Crk Rd, East Stroudsburg, PA 18302
      View Details
    • Value Estimation by Request
      1.51 Acres

      28 Pardees Loop

      PROFESSIONAL BUILDING
      28 Pardees Loop, East Stroudsburg, PA 18302-9210
      View Details

    Similar Nearby for Sale

    • $645,000
      3,190 SF

      Historic Mixed-Use Commercial Property

      Charming historic property on 3.67 acres with commercial zoning.
      5265 Milford Rd, East Stroudsburg, PA 18302
      View Details
    • Contact for pricing
      1,464 SF

      Prime Commercial Property with House

      Two acres ideal for retail or office with existing house.
      5155 Milford Rd, East Stroudsburg, PA 18302
      View Details
    • Contact for pricing
      0.46 Acres

      Level Wooded Homesite in Stroudsburg

      Level, wooded homesite near shops, dining, and commuter routes.
      Lenape Dr, East Stroudsburg, PA 18302
      View Details
    • Contact for pricing
      0.56 Acres

      Vacant Buildable Lot in Pennsylvania

      Vacant land in Leisure Lands, East Stroudsburg, Pennsylvania.
      Coolbaugh Rd, East Stroudsburg, PA 18302
      View Details
    • Contact for pricing
      0.23 Acres

      Land Near Lake and Forest

      Residential land near Lake Monroe and Delaware State Forest.
      191 Opal Way, East Stroudsburg, PA 18302
      View Details
    • $30,000
      0.93 Acres

      Pocono Residential Land Homesite

      0.93-acre wooded homesite in peaceful Pocono community.
      Nottingham Way, East Stroudsburg, PA 18302
      View Details

    Similar Nearby for Lease

    • $7,200 /Mo
      12,200 SF

      Medical and Professional Office Space

      Turnkey office layout with treatment rooms, private offices, and ample on-site parking for staff and visitors.
      149 Saw Mill Ct, East Stroudsburg, PA 18302
      View Details
    • $3,875 /Mo
      12,200 SF

      Medical Office Suite with Parking

      Well-configured professional space with private offices and treatment rooms plus 35+ on-site parking spaces for patient and staff convenience.
      149 Saw Mill Ct, East Stroudsburg, PA 18302
      View Details
    • $975 /Mo
      12,200 SF

      Professional and Medical Office Suite

      Turnkey office space with private offices, treatment rooms, and ample on-site parking for patients and staff.
      149 Saw Mill Ct, East Stroudsburg, PA 18302
      View Details
    • $2,995 /Mo
      1,855 SF

      Freestanding Office Building

      Freestanding office facility with prominent visibility, reception fireplace, multiple offices, and parking for accommodating client visits.
      5226 Milford Rd, East Stroudsburg, PA 18302
      View Details
    • $1,450 /Mo
      12,200 SF

      Professional/Medical Office Suite

      Turnkey office space with private offices and treatment rooms, plus 35+ on-site parking spaces for staff and visitors.
      149 Saw Mill Ct, East Stroudsburg, PA 18302
      View Details
    • $2,700 /Mo
      12,200 SF

      Professional/Medical Office Suite

      Turnkey office layout with private offices, treatment rooms, and ample on-site parking in a professional corridor setting.
      149 Saw Mill Ct, East Stroudsburg, PA 18302
      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.
    123 Charlotte Way
    East Stroudsburg, PA 18302-9131
    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
    123 Charlotte Way, East Stroudsburg, PA, 18302
    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!