417 Uber St · New Castle, PA 16101

$30,000

3 bd · 1.0 ba · 1,440 sqft · SingleFamily public records · 1 Days on market

Built 1940 5,227 sqft lot Est $58k · 48% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• ARV discount +15.0/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Rent growth +5.0/5.0
• Livability +4.1/5.0
• Condition / age +2.5/5.0
• Schools +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Retro 70's Decor ready for you on this classic 2 story, 4 bedroom, 2 full bath, 1 car detached garage. Go back in time for the classic old woodwork and hard wood floors. Living & dining room & entry does have carpeting but hardwood underneath. Beautiful solid wood, tiled & mirrored original fireplace is a conversation piece of yester years. Kitchen has 1st floor laundry equipped washer, dryer, gas stove and refrigerator. Nice size bedrooms and full bath on both 1st & 2nd floors. Huge finished attic space for great storage. Basement appears to be fairly dry with a cement overlay over block or stone on outside and inside. Cement block garage has has all new roof including joists and underlayment. Plenty of room for off street parking from alley beside garage. Seller are trying to move please excuse the piles of stuff. Additional room size is attic.

Key facts

• 5,227 sq ft lot
• Garage
• Built 1940

Property features AI

Exterior

• Parking: Detached garage (1 parking space)
• Utilities: Public water supply; Public sewer
• Home design: Frame construction; Asphalt roof; 3 stories; Resale property
• Construction: Built with frame construction; Asphalt roof
• Exterior features: Public water; Public sewer; Public transportation nearby

Interior

• Kitchen: Stove; Refrigerator
• Flooring: Hardwood
• Bathrooms: 2 full bathrooms
• Heating & cooling: Forced air heating (gas); Central air conditioning
• Interior features: Hardwood flooring; Unfinished walk-up basement; Decorative fireplace (1)
• Laundry & utility: Washer; Dryer

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $30k.

Deal economics

• At list price, monthly cash flow is $803 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $30k).
• Cap rate 38.4% vs local median 8.7% in New Castle — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 82/100 on livability (#137 in PA, #1,120 nationally) — a professional / high-income tenant draw. Strengths: crime A+, commute A+, cost of living A+; Watch: amenities F, employment F.
• New Castle Area SD (town): math 9% / reading 19% proficiency, ranked #519 of 539 in PA (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents rising fast (+20.1%/yr); 118 active listings in the ZIP; 8 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 51 units permitted in Lawrence County in 2024 (0 in 5+ unit buildings).
• This rent runs 32% of the median local income ($51k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $207 of loan paydown is wiped out by about $900 of value loss. Plan a longer hold.
• Lawrence County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 8.0% rent growth), your $8k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 12 sale attempts since 16y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.

Risks & watch-outs

• Watch-outs: property tax is 4.3% of price; built in 1940 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $30,000

Questions for the listing agent

1. Built in 1940 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
5. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
6. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 4.55% ✓
• Cap rate: 38.43%
• Cash-on-cash: 114.77%
• DSCR: 6.11
• GRM: 1.8

CMA / ARV

• ARV (on-the-fly): $57,600
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
421 E Lutton St	0.06mi	3/1.5	1,380 (-4%)	6mo	$66,000	$48	83
517 Electric St	0.48mi	3/1.0	1,404 (-2%)	1mo	$44,000	$31	72
1203 Cunningham Ave	0.31mi	3/1.0	1,328 (-8%)	3mo	$25,000	$19	70
722 Chestnut St	0.59mi	3/1.0	1,428 (-1%)	4mo	$75,000	$53	68
506 E Long Ave	0.32mi	3/1.0	1,280 (-11%)	2mo	$9,500	$7	65
916 Marshall Ave	0.66mi	3/1.5	1,440 (0%)	3mo	$60,001	$42	65
1308 Cunningham Ave	0.38mi	3/1.0	1,288 (-11%)	1mo	$25,000	$19	64
1902 Hamilton St	0.68mi	3/1.5	1,428 (-1%)	4mo	$33,000	$23	61
505 Spruce St	0.53mi	3/1.0	1,564 (+9%)	0mo	$35,000	$22	61
620 Allen St	0.34mi	3/2.0	1,584 (+10%)	6mo	$65,000	$41	59
1307 Huron Ave	0.73mi	3/1.0	1,320 (-8%)	2mo	$86,000	$65	50
901 Franklin Ave	0.61mi	3/1.0	1,636 (+14%)	6mo	$65,000	$40	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 7.38×
• Total profit: $53,591
• Equity at exit: $4,473

10-year hold

• IRR: —
• Equity multiple: 18.34×
• Total profit: $145,678
• Equity at exit: $2,594

Cash invested: $8,400 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 16101

• Home prices YoY: -26.3%
• Rents YoY: 20.1%
• Active inventory: 118
• Price-to-rent: 1.8×

Monthly cashflow live

• Estimated rent: $1,366 high
• Mortgage (P&I): −$157
• Tax from tax record: −$106 /mo · $1,276/yr
• Insurance: −$12
• HOA: −$0
• Vacancy / Maint / Mgmt: −$287
• Net cashflow: $803

Break-even live

Break-even rent $350

Max offer price $30,000

Occupancy floor 36%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $7,500
• Closing costs: $900
• Reserves months: —
• Total cash needed: —

Rent comps 8 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
712 E Reynolds St New Castle, PA	3.0	1.0	1182	$975	$0.82	44d	1	0.40mi
1112 Williams St New Castle, PA	2.0	1.0	1026	$1,400	$1.36	44d	1	0.41mi
503 Galbreath St New Castle, PA	2.0	1.0	1228	$1,295	$1.05	44d	1	0.50mi
932 Morton St New Castle, PA	3.0	1.0	1440	$1,375	$0.95	44d	1	0.64mi
1605 S Jefferson St New Castle, PA	3.0	1.0	1500	$1,500	$1.00	44d	1	0.65mi
1708 Moravia St New Castle, PA	3.0	2.0	1500	$1,500	$1.00	44d	1	0.86mi
1510 Huron Ave New Castle, PA	3.0	1.0	1560	$1,475	$0.95	44d	1	0.86mi
1056 Adams St New Castle, PA	3.0	1.0	1116	$1,500	$1.34	44d	1	1.04mi

Listing history 26 events

1. 2026-05-14
   status Pending
2. 2026-05-14
   listed $30,000 Active
3. 2025-05-08
   status Pending 882-char remark

   Show marketing remark (882 chars)

   Retro 70's Decor ready for you on this classic 2 story, 4 bedroom, 2 full bath, 1 car detached garage. Go back in time for the classic old woodwork and hard wood floors. Living & dining room & entry does have carpeting but hardwood underneath. Beautiful solid wood, tiled & mirrored original fireplace is a conversation piece of yester years. Kitchen has 1st floor laundry equipped washer, dryer, gas stove and refrigerator. Nice size bedrooms and full bath on both 1st & 2nd floors. Huge finished attic space for great storage. Basement appears to be fairly dry with a cement overlay over block or stone on outside and inside. Cement block garage has has all new roof including joists and underlayment. Plenty of room for off street parking from alley beside garage. Seller are trying to move please excuse the piles of stuff. Additional room size is attic.

4. 2025-05-07
   historical Expired 882-char remark

   Show marketing remark (882 chars)

   Retro 70's Decor ready for you on this classic 2 story, 4 bedroom, 2 full bath, 1 car detached garage. Go back in time for the classic old woodwork and hard wood floors. Living & dining room & entry does have carpeting but hardwood underneath. Beautiful solid wood, tiled & mirrored original fireplace is a conversation piece of yester years. Kitchen has 1st floor laundry equipped washer, dryer, gas stove and refrigerator. Nice size bedrooms and full bath on both 1st & 2nd floors. Huge finished attic space for great storage. Basement appears to be fairly dry with a cement overlay over block or stone on outside and inside. Cement block garage has has all new roof including joists and underlayment. Plenty of room for off street parking from alley beside garage. Seller are trying to move please excuse the piles of stuff. Additional room size is attic.

5. 2025-05-05
   listed $30,000 Active 882-char remark

   Show marketing remark (882 chars)

   Retro 70's Decor ready for you on this classic 2 story, 4 bedroom, 2 full bath, 1 car detached garage. Go back in time for the classic old woodwork and hard wood floors. Living & dining room & entry does have carpeting but hardwood underneath. Beautiful solid wood, tiled & mirrored original fireplace is a conversation piece of yester years. Kitchen has 1st floor laundry equipped washer, dryer, gas stove and refrigerator. Nice size bedrooms and full bath on both 1st & 2nd floors. Huge finished attic space for great storage. Basement appears to be fairly dry with a cement overlay over block or stone on outside and inside. Cement block garage has has all new roof including joists and underlayment. Plenty of room for off street parking from alley beside garage. Seller are trying to move please excuse the piles of stuff. Additional room size is attic.

6. 2021-03-01
   status Active
7. 2020-08-19
   price $22,900
8. 2020-07-28
   listed $24,900 Active
9. 2019-10-08
   price $24,000
10. 2019-09-28
    price $24,500
11. 2019-09-18
    listed $24,900 Active
12. 2019-07-16
    status Under Contract
13. 2019-07-11
    historical Contingent
14. 2019-07-02
    historical Withdrawn
15. 2018-10-25
    historical Expired
16. 2018-10-24
    listed $22,500 Active
17. 2018-04-16
    listed $25,000 Active
18. 2017-03-01
    historical Withdrawn
19. 2016-12-08
    price $25,000
20. 2016-10-17
    price $27,500
21. 2016-10-14
    listed $24,500 Active
22. 2016-09-30
    historical Expired
23. 2016-03-31
    listed $24,500 Active
24. 2012-05-14
    listed $29,500
25. 2011-06-08
    listed $29,900
26. 2010-04-30
    listed $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $1,276 · $106/mo
• Projected year-2 tax: $1,276 · $106/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 3/10 Moderate 7 d/yr ≥96°F today · 18 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,398
• − Mortgage interest: −$1,680
• − Property taxes: −$1,276
• − Insurance: −$150
• − Repairs & maintenance: −$1,312
• − Management: −$1,312
• − Depreciation: −$873
• Taxable income: $9,795
• Est. tax owed @ 24.0%: −$2,351
• After-tax cash flow: $7,290/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: New Castle Area SD
• NCES district ID: 4216620
• Math proficiency: 9% ▼ -13.00%
• Reading proficiency: 19% ▼ -23.00%
• Median HH income: $30,967
• Composite: 11.08/100
• National rank: #9736
• State rank: #519 of 539 in PA

Livability — New Castle

• Score: 82/100
• State rank: #137
• US rank: #1120

Category grades

Amenities F Commute A+ Cost of living A+ Crime A+ Employment F Housing A+ Health & safety A+ User ratings B-

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: New Castle, PA
• County: Lawrence County · 30,767 people
• City population: 30,767
• Metro: New Castle, PA
• Population (ZIP): 30,767
• Household income: $51,128
• Rent vs Own: 30.6% rent · 69.4% own
• Severe rent burden: 1047.0

Population outlook (Lawrence County) Hauer SSP2

• Today (2025): 81,781 people
• By 2030: 77,978 · -4.7%
• By 2040: 69,522 · -15.0%
• By 2050: 61,344 · -25.0%
• By 2075: 45,027 · -44.9%
• By 2100: 31,305 · -61.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Two or more races 8% Black 7% Hispanic / Latino 3%
• Common ancestry: Romanian 7% Serbian 3% Iranian 1%
• Foreign-born: 2% · Canada
• Languages at home: 96% English-only · Spanish 2% Other Indo-European 1%

Political lean MEDSL · Lawrence

• 2024 margin: Solid R (+33.8) · D 32.8% · R 66.5%
• 2008→2024 swing: -28.7pp toward R · 2008: -5.1pp · 2024: -33.8pp
• All cycles: 2024: R+33.8 2020: R+29.6 2016: R+28.1 2012: R+9.0 2008: R+5.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -56.77%
• Current HPI: 159.3091
• Rent YoY: ▲ 20.05%
• Metro: New Castle, PA
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+0.0% since first listed

26 events — show timeline

• 2026-05-14 Pending — West Penn MLS
• 2026-05-14 Listed $30,000 West Penn MLS
• 2025-05-08 Pending — West Penn MLS
• 2025-05-07 Delisted — West Penn MLS
• 2025-05-05 Listed $30,000 West Penn MLS
• 2021-03-01 Relisted — West Penn MLS
• 2020-08-19 Price Changed $22,900 West Penn MLS
• 2020-07-28 Listed $24,900 West Penn MLS
• 2019-10-08 Price Changed $24,000 West Penn MLS
• 2019-09-28 Price Changed $24,500 West Penn MLS
• 2019-09-18 Listed $24,900 West Penn MLS
• 2019-07-16 Pending — West Penn MLS
• 2019-07-11 Contingent — West Penn MLS
• 2019-07-02 Delisted — West Penn MLS
• 2018-10-25 Delisted — West Penn MLS
• 2018-10-24 Listed $22,500 West Penn MLS
• 2018-04-16 Listed $25,000 West Penn MLS
• 2017-03-01 Delisted — West Penn MLS
• 2016-12-08 Price Changed $25,000 West Penn MLS
• 2016-10-17 Price Changed $27,500 West Penn MLS
• 2016-10-14 Listed $24,500 West Penn MLS
• 2016-09-30 Delisted — West Penn MLS
• 2016-03-31 Listed $24,500 West Penn MLS
• 2012-05-14 Listed $29,500 West Penn MLS
• 2011-06-08 Listed $29,900 West Penn MLS
• 2010-04-30 Listed $30,000 West Penn MLS

Property tax history

+1.3%/yr

Latest (2026): $1,276 · +2.1% YoY. Source: county tax records.