134 Taroli St · Old Forge, PA 18518

$245,000

3 bd · 1.5 ba · 1,976 sqft · SingleFamily · 323 Days on market

Built 1960 4,791 sqft lot $124/sqft · 5% above area Est $232k · 5% over

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Why this score? — see what drove the D 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 +11.4/30.0
• Appreciation +7.6/10.0
• ARV discount +5.0/15.0
• Livability +3.9/5.0
• 1% rule +3.3/10.0
• DSCR +3.3/10.0
• Schools +3.1/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

An Awesome opportunity awaits the buyer of this remodeled 3 Bed, 2 Bath Raised Ranch in Old Forge School District. Perfect Starter House, and for those who are downsizing. Come One, Come all, for this House is bothBig and Small. Beautiful Kitchen cabinetry with granite countertops, updated baths, and an incredible finished basement with a wood-burning fireplace. Centrally located to all the Amenities of Old Forge, short commute to the Scranton Wilkes Barre International Airport and as well to routes 81 and Pa Turnpike. Don't delay, Call Today.

Key facts

• Kitchen cabinetry
• Remodeled
• Centrally located

Tags

• REMODELED
• FINISHED BASEMENT
• WOOD BURNING FIREPLACE
• GRANITE COUNTERTOPS
• KITCHEN CABINETRY
• CENTRALLY LOCATED

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $245k.

Deal economics

• At list price, monthly cash flow is $-140 ($-2k/yr) — negative.
• To cash-flow at today's rent, offer at most $225k (8.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $204k (16.9% below list).
• Recommended offer: $204k (16.9% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 78/100 on livability (#287 in PA, #2,531 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment C-, amenities F, commute F.
• Old Forge SD (suburban): math 22% / reading 49% proficiency, ranked #409 of 539 in PA (top 76%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 39 active listings in the ZIP; 3 comparable units currently listed for rent nearby; rentals at typical pace (median 14d on market — plan ~3-4 weeks tenant-placement turnaround); 251 units permitted in Lackawanna County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $14k of equity ($2k loan paydown + $13k appreciation (5.2% local appreciation)).
• Lackawanna County population projected to shrink 4% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• By year 3, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 323 days — a 12% lower offer ($216k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 15y ago; this cycle's ask has dropped $35k (12%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $158k; list at $245k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $203,594 (16.9% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. It's been on market 323 days. Have you received any prior offers? Is the seller open to a 17% concession, seller financing, or rate buy-down credit?
3. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
4. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
5. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
6. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
7. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
8. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
9. 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.
10. 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.
11. 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: 0.83% ✗
• Cap rate: 5.88%
• Cash-on-cash: -1.48%
• DSCR: 0.93
• GRM: 10.0

CMA / ARV

• ARV (median comp): $232,251
• List price: $245,000
• Delta: 5.49%
• Verdict: FAIR
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
164 Taroli St	0.16mi	3/1.5	2,055 (+4%)	6mo	$220,000	$107	81
201 Alicia St	0.16mi	3/2.0	1,700 (-14%)	1mo	$230,000	$135	67
108 Mary St	0.19mi	3/2.5	1,705 (-14%)	1mo	$153,000	$90	63
127 Broadhead St	0.64mi	3/2.0	1,900 (-4%)	1mo	$275,000	$145	61
603 Milwaukee Ave	0.56mi	3/2.0	1,867 (-6%)	6mo	$345,000	$185	58
411 Moosic Rd	0.46mi	4/2.0 (+1)	1,800 (-9%)	0mo	$329,900	$183	56
420 Grace St	0.45mi	3/2.0	2,215 (+12%)	1mo	$237,000	$107	56
503 George St	0.36mi	4/1.5 (+1)	2,230 (+13%)	2mo	$275,000	$123	56
557 Milwaukee Ave	0.64mi	3/2.0	2,124 (+8%)	2mo	$253,001	$119	54
188 Drakes Ln	0.44mi	4/2.5 (+1)	2,200 (+11%)	4mo	$245,000	$111	48
237 Main St	0.57mi	4/1.0 (+1)	1,825 (-8%)	7mo	$115,000	$63	48
232 232 Main St	0.61mi	4/1.0 (+1)	1,824 (-8%)	7mo	$70,000	$38	46

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

Projected returns pro-forma

5.15% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.2%
• Equity multiple: 1.72×
• Total profit: $49,649
• Equity at exit: $141,020

10-year hold

• IRR: 12.4%
• Equity multiple: 3.29×
• Total profit: $157,043
• Equity at exit: $245,204

Cash invested: $68,600 (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 18518

• Home prices YoY: 2.2%
• Active inventory: 39
• Price-to-rent: 10.0×

Monthly cashflow live

• Estimated rent: $2,036 medium
• Mortgage (P&I): −$1,285
• Tax est. 1.5%: −$306 /mo · $3,675/yr
• Insurance: −$102
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$428
• Net cashflow: $-140

Break-even live

Break-even rent $2,214

Max offer price $224,700

Occupancy floor —

Sensitivity live

Price	-10% $29	-5% $-56	+0% $-140	+5% $-225	+10% $-310
Rent	-10% $-301	-5% $-221	+0% $-140	+5% $-60	+10% $21
Rate	-1.0pp $-17	-0.5pp $-78	base $-140	+0.5pp $-204	+1.0pp $-268

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: $61,250
• Closing costs: $7,350
• Reserves months: —
• Total cash needed: —

Rent comps 3 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
200 Oak St Unit 2 Old Forge, PA	3.0	1.5	1500	$1,800	$1.20	44d	1	0.55mi
75 Marimar Dr Old Forge, PA	2.0	2.0	1300	$2,500	$1.92	14d	1	0.64mi
1418 Grove St Moosic, PA	3.0	2.0	1820	$1,850	$1.02	14d	1	1.12mi

Listing history 27 events

1. 2026-06-18
   days on market $245,000 Active 323 DOM
2. 2026-06-17
   days on market $245,000 Active 322 DOM
3. 2026-06-16
   days on market $245,000 Active 321 DOM
4. 2026-06-15
   days on market $245,000 Active 320 DOM
5. 2026-06-14
   days on market $245,000 Active 318 DOM
6. 2026-06-13
   days on market $245,000 Active 317 DOM
7. 2026-06-10
   days on market $245,000 Active 315 DOM
8. 2026-06-09
   days on market $245,000 Active 314 DOM
9. 2026-06-08
   days on market $245,000 Active 313 DOM
10. 2026-06-07
    days on market $245,000 Active 312 DOM
11. 2026-06-05
    days on market $245,000 Active 309 DOM
12. 2026-06-03
    days on market $245,000 Active 308 DOM
13. 2026-06-02
    days on market $245,000 Active 307 DOM
14. 2026-06-01
    days on market $245,000 Active 306 DOM
15. 2026-05-31
    days on market $245,000 Active 305 DOM
16. 2026-05-30
    days on market $245,000 Active 304 DOM
17. 2026-01-19
    status Active 549-char remark

    Show marketing remark (549 chars)

    An Awesome opportunity awaits the buyer of this remodeled 3 Bed, 2 Bath Raised Ranch in Old Forge School District. Perfect Starter House, and for those who are downsizing. Come One, Come all, for this House is bothBig and Small. Beautiful Kitchen cabinetry with granite countertops, updated baths, and an incredible finished basement with a wood-burning fireplace. Centrally located to all the Amenities of Old Forge, short commute to the Scranton Wilkes Barre International Airport and as well to routes 81 and Pa Turnpike. Don't delay, Call Today.

18. 2025-07-21
    status Active 549-char remark

    Show marketing remark (549 chars)

    An Awesome opportunity awaits the buyer of this remodeled 3 Bed, 2 Bath Raised Ranch in Old Forge School District. Perfect Starter House, and for those who are downsizing. Come One, Come all, for this House is bothBig and Small. Beautiful Kitchen cabinetry with granite countertops, updated baths, and an incredible finished basement with a wood-burning fireplace. Centrally located to all the Amenities of Old Forge, short commute to the Scranton Wilkes Barre International Airport and as well to routes 81 and Pa Turnpike. Don't delay, Call Today.

19. 2025-07-02
    status Pending 549-char remark

    Show marketing remark (549 chars)

    An Awesome opportunity awaits the buyer of this remodeled 3 Bed, 2 Bath Raised Ranch in Old Forge School District. Perfect Starter House, and for those who are downsizing. Come One, Come all, for this House is bothBig and Small. Beautiful Kitchen cabinetry with granite countertops, updated baths, and an incredible finished basement with a wood-burning fireplace. Centrally located to all the Amenities of Old Forge, short commute to the Scranton Wilkes Barre International Airport and as well to routes 81 and Pa Turnpike. Don't delay, Call Today.

20. 2025-06-27
    price $245,000 549-char remark

    Show marketing remark (549 chars)

    An Awesome opportunity awaits the buyer of this remodeled 3 Bed, 2 Bath Raised Ranch in Old Forge School District. Perfect Starter House, and for those who are downsizing. Come One, Come all, for this House is bothBig and Small. Beautiful Kitchen cabinetry with granite countertops, updated baths, and an incredible finished basement with a wood-burning fireplace. Centrally located to all the Amenities of Old Forge, short commute to the Scranton Wilkes Barre International Airport and as well to routes 81 and Pa Turnpike. Don't delay, Call Today.

21. 2025-06-10
    price $250,000 549-char remark

    Show marketing remark (549 chars)

    An Awesome opportunity awaits the buyer of this remodeled 3 Bed, 2 Bath Raised Ranch in Old Forge School District. Perfect Starter House, and for those who are downsizing. Come One, Come all, for this House is bothBig and Small. Beautiful Kitchen cabinetry with granite countertops, updated baths, and an incredible finished basement with a wood-burning fireplace. Centrally located to all the Amenities of Old Forge, short commute to the Scranton Wilkes Barre International Airport and as well to routes 81 and Pa Turnpike. Don't delay, Call Today.

22. 2025-05-23
    listed $280,000 Active 549-char remark

    Show marketing remark (549 chars)

    An Awesome opportunity awaits the buyer of this remodeled 3 Bed, 2 Bath Raised Ranch in Old Forge School District. Perfect Starter House, and for those who are downsizing. Come One, Come all, for this House is bothBig and Small. Beautiful Kitchen cabinetry with granite countertops, updated baths, and an incredible finished basement with a wood-burning fireplace. Centrally located to all the Amenities of Old Forge, short commute to the Scranton Wilkes Barre International Airport and as well to routes 81 and Pa Turnpike. Don't delay, Call Today.

23. 2024-04-13
    listed $239,900 Active
24. 2021-06-11
    soldstatus $157,500
25. 2021-05-25
    soldstatus $157,500
26. 2013-12-03
    listed $139,900
27. 2011-08-20
    listed $155,000

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

Climate risk First Street

• 🌊 Flood 9/10 Extreme FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,431
• − Mortgage interest: −$13,724
• − Property taxes: −$3,675
• − Insurance: −$1,892
• − Repairs & maintenance: −$1,955
• − Management: −$1,955
• − Depreciation: −$7,127
• Taxable loss: −$5,895
• Est. tax savings @ 24.0%: +$1,415
• After-tax cash flow: $-269/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: Old Forge SD
• NCES district ID: 4218120
• Math proficiency: 22% ▼ -19.00%
• Reading proficiency: 49% ▼ -17.00%
• Median HH income: $49,409
• Composite: 30.6/100
• National rank: #6196
• State rank: #409 of 539 in PA

Livability — Old Forge

• Score: 78/100
• State rank: #287
• US rank: #2531

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Old Forge, PA
• City population: 8,533
• Population (ZIP): 8,533

Population outlook (Lackawanna County) Hauer SSP2

• Today (2025): 210,652 people
• By 2030: 208,623 · -1.0%
• By 2040: 203,980 · -3.2%
• By 2050: 201,069 · -4.5%
• By 2075: 205,026 · -2.7%
• By 2100: 210,851 · +0.1%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Two or more races 13% Hispanic / Latino 9% Asian 1%
• Hispanic origin (detail): Puerto Rican 9%
• Common ancestry: Romanian 17% Scotch-Irish 4% Subsaharan African 2%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 1% Other Asian/Pacific 1%

Political lean MEDSL · Lackawanna

• 2024 margin: Toss-up / Even · D 51.0% · R 48.3%
• 2008→2024 swing: -23.2pp toward R · 2008: 26.0pp · 2024: 2.8pp
• All cycles: 2024: D+2.8 2020: D+8.4 2016: D+3.4 2012: D+27.4 2008: D+26.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 5.15%
• Current HPI: 242.2839
• Rent YoY: —
• Metro: —
• 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

+58.1% since first listed

11 events — show timeline

• 2026-01-19 Relisted — GSBR as distributed by MLS GRID
• 2025-07-21 Relisted — GSBR as distributed by MLS GRID
• 2025-07-02 Pending — GSBR as distributed by MLS GRID
• 2025-06-27 Price Changed $245,000 GSBR as distributed by MLS GRID
• 2025-06-10 Price Changed $250,000 GSBR as distributed by MLS GRID
• 2025-05-23 Listed $280,000 GSBR as distributed by MLS GRID
• 2024-04-13 Listed $239,900 GSBR as distributed by MLS GRID
• 2021-06-11 Sold (MLS) $157,500 GSBR as distributed by MLS GRID
• 2021-05-25 Sold (Public Records) $157,500 Public Records
• 2013-12-03 Listed $139,900 GSBR as distributed by MLS GRID
• 2011-08-20 Listed $155,000 GSBR as distributed by MLS GRID

Property tax history

+29.9%/yr

Latest (2026): $50,034 · +1407.7% YoY. Source: county tax records.