235 W Nesquehoning St · Easton, PA 18042

$200,000

3 bd · 1.5 ba · 1,896 sqft · Townhouse public records · 3 Days on market

Built 1900 2,450 sqft lot Est $267k · 25% 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 +19.8/30.0
• ARV discount +15.0/15.0
• DSCR +6.3/10.0
• 1% rule +5.8/10.0
• Livability +4.2/5.0
• Rent growth +3.7/5.0
• Schools +3.3/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Opportunity awaits in South Side Easton! This spacious semi-detached home offers nearly 1,900 square feet of living space, featuring 3 bedrooms, 1.5 baths, and a flexible layout with the unique charm of dual staircases. Generous room sizes throughout provide plenty of space to reimagine and customize to your needs. Outside, enjoy a rear yard and convenient off-street parking via the parking pad. Ideally located just steps from vibrant downtown Easton with its restaurants, shops, and entertainment, and only minutes from Route 78 for an easy commute. This property offers an excellent opportunity for investors, renovators, or buyers looking to build equity through updates and improvement

Key facts

• Dual staircases
• Rear yard
• Off-street parking

Tags

• DUAL STAIRCASES
• REAR YARD
• OFF-STREET PARKING

Property features AI

Finance

• HOA & community: Curbs; Sidewalks

Exterior

• Parking: Off-street parking; Parking pad; On-street parking
• Utilities: Public water; Public sewer; Oil water heater
• Home design: 2-story home; Aluminum siding
• Construction: Asphalt and fiberglass roof; Basement foundation
• Exterior features: Front porch

Interior

• Kitchen: Large eat-in kitchen; Electric oven
• Bathrooms: 1 full bathroom; 1 half bathroom
• Heating & cooling: Oil heating with radiators; Ceiling fans for cooling
• Interior features: Dining area; Separate/formal dining room; Eat-in kitchen
• Laundry & utility: Washer hookup; Dryer hookup; Electric dryer hookup; Washer; Electric dryer; Oil water heater

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath townhouse listed at $200k.

Deal economics

• At list price, monthly cash flow is $238 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Cap rate 7.7% vs local median 4.2% in Easton — 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 84/100 on livability (#92 in PA, #667 nationally) — a professional / high-income tenant draw. Strengths: amenities A+, cost of living A+, housing A+; Watch: schools C-.
• Easton Area SD (suburban): math 31% / reading 44% proficiency, ranked #364 of 539 in PA (top 68%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+4.9%/yr); 185 active listings in the ZIP; 27 comparable units currently listed for rent nearby; rentals at typical pace (median 22d on market — plan ~3-4 weeks tenant-placement turnaround); 41% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 567 units permitted in Northampton County in 2024 (151 in 5+ unit buildings).
• This rent runs 34% of the median local income ($78k/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 $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• Only 3 days on market — expect competitive offers; lowballing is unlikely to land.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $200,000

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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.
4. 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.
5. 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: 1.08% ✓
• Cap rate: 7.72%
• Cash-on-cash: 5.11%
• DSCR: 1.23
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $267,336
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
235 W Nesquehoning St	0.00mi	3/1.5	1,896 (0%)	0mo	$175,000	$92	100
220 W Kleinhans St	0.14mi	3/1.0	1,831 (-3%)	5mo	$211,000	$115	82
270 W Wilkes Barre St	0.09mi	4/2.0 (+1)	1,709 (-10%)	7mo	$240,000	$140	66
136 S 8th St	0.62mi	3/2.0	1,841 (-3%)	2mo	$375,000	$204	62
162 S Union St	0.47mi	4/1.5 (+1)	2,005 (+6%)	4mo	$265,000	$132	60
148 Vista Dr	0.75mi	4/1.5 (+1)	1,952 (+3%)	5mo	$275,000	$141	51
1002 Lehigh St	0.71mi	3/1.0	1,809 (-5%)	8mo	$230,000	$127	50
404 Centre St	0.53mi	3/2.0	1,624 (-14%)	0mo	$255,000	$157	49
370 W Grant St	0.42mi	3/1.0	1,614 (-15%)	8mo	$240,000	$149	46
714 W Berwick St	0.58mi	2/2.0 (-1)	1,670 (-12%)	2mo	$300,000	$180	44
928 Wilkes Barre St	0.74mi	3/2.0	1,684 (-11%)	5mo	$285,000	$169	40
100 High Point Ln	0.64mi	3/2.5	2,161 (+14%)	7mo	$300,000	$139	37

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 · 4.94% rent growth · sell at horizon

5-year hold

• IRR: -6.0%
• Equity multiple: 0.77×
• Total profit: $-12,829
• Equity at exit: $29,821

10-year hold

• IRR: 6.0%
• Equity multiple: 1.48×
• Total profit: $27,154
• Equity at exit: $17,292

Cash invested: $56,000 (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 18042

• Rents YoY: 4.9%
• Active inventory: 185
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $2,168 high
• Mortgage (P&I): −$1,049
• Tax from tax record: −$343 /mo · $4,111/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$455
• Net cashflow: $238

Break-even live

Break-even rent $1,867

Max offer price $200,000

Occupancy floor 84%

Sensitivity live

Price	-10% $351	-5% $295	+0% $238	+5% $182	+10% $125
Rent	-10% $67	-5% $153	+0% $238	+5% $324	+10% $410
Rate	-1.0pp $339	-0.5pp $289	base $238	+0.5pp $186	+1.0pp $134

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: $50,000
• Closing costs: $6,000
• Reserves months: —
• Total cash needed: —

Rent comps 27 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
322 Saint John St Easton, PA	3.0	1.5	1583	$1,895	$1.20	45d	1	0.08mi
276 W Saint Joseph St Easton, PA	3.0	1.5	1315	$1,700	$1.29	45d	1	0.09mi
303 W Lincoln St Easton, PA	3.0	1.0	1796	$2,175	$1.21	45d	1	0.26mi
142 S Union St Easton, PA	3.0	2.0	1300	$1,895	$1.46	45d	1	0.49mi
103 Highlands Cir Easton, PA	4.0	2.5	1955	$3,400	$1.74	3d	1	0.53mi
40 S 6th St Easton, PA	1.0–2.0	1.0–2.0	1156	$3,000	$2.59	15d	11	0.57mi
623 Walnut St Unit A2 Easton, PA	2.0	2.0	1500	$2,250	$1.50	24d	1	0.62mi
623 Walnut St Unit C2 Easton, PA	2.0	2.5	1500	$2,300	$1.53	45d	1	0.62mi
214 Spring Garden St Unit 2B Easton, PA	2.0	1.0	1250	$2,995	$2.40	22d	1	0.77mi
226 Vista Dr Easton, PA	3.0	1.5	1358	$2,195	$1.62	3d	1	0.80mi
199 Cedar Park Blvd Easton, PA	1.0–3.0	1.0–4.0	1410	$3,077	$2.18	0d	9	0.80mi
35 N 9th St Easton, PA	4.0	2.0	1512	$2,250	$1.49	3d	1	0.84mi
912 Spring Garden St Easton, PA	4.0	2.0	1534	$2,400	$1.56	45d	1	0.93mi
204 N 9th St Easton, PA	3.0	1.0	1450	$1,900	$1.31	3d	1	0.94mi
1343 Washington St Unit 2 Easton, PA	3.0	1.0	2307	$2,000	$0.87	45d	1	1.01mi
909 Jackson St Unit 2 Easton, PA	3.0	1.0	1300	$2,350	$1.81	45d	1	1.05mi
1251 Northampton St #1 Easton, PA	2.0	1.0	2035	$1,475	$0.72	24d	1	1.07mi
49 N Delaware Dr Unit 3rd Floor Easton, PA	2.0	1.0	1500	$2,495	$1.66	20d	1	1.08mi
929 Eden Ter Easton, PA	2.0	2.0	1337	$2,195	$1.64	45d	1	1.13mi
122 N 13th St Easton, PA	4.0	3.0	1736	$2,300	$1.32	3d	1	1.14mi
1616 Ferry St Unit 2 Easton, PA	3.0	1.0	1316	$1,700	$1.29	3d	1	1.32mi
61 Rose St Phillipsburg, NJ	4.0	1.0	2000	$2,500	$1.25	3d	1	1.33mi
1065 Bushkill Dr Easton, PA	3.0	1.5	1250	$2,500	$2.00	45d	1	1.34mi
137 S 17th St Easton, PA	2.0	1.0	1940	$1,550	$0.80	3d	1	1.35mi
220 7th St Easton, PA	3.0	2.5	2092	$2,599	$1.24	3d	1	1.35mi
513 Cattell St Easton, PA	3.0	1.5	1536	$2,300	$1.50	45d	1	1.45mi
312 Lehigh Dr Easton, PA	3.0	1.5	1664	$3,250	$1.95	3d	1	1.46mi

Listing history 3 events

1. 2026-06-01
   statusdays on market $200,000 Pending 3 DOM
2. 2026-05-31
   days on market $200,000 Active 2 DOM
3. 2026-05-29
   listed $200,000 Active

ⓘ 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: $4,111 · $343/mo
• Projected year-2 tax: $4,111 · $343/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 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $26,020
• − Mortgage interest: −$11,203
• − Property taxes: −$4,111
• − Insurance: −$1,000
• − Repairs & maintenance: −$2,082
• − Management: −$2,082
• − Depreciation: −$5,818
• Taxable loss: −$275
• Est. tax savings @ 24.0%: +$66
• After-tax cash flow: $2,925/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: Easton Area SD
• NCES district ID: 4208850
• Math proficiency: 31% ▼ -2.00%
• Reading proficiency: 44% ▼ -11.00%
• Median HH income: $61,390
• Composite: 33.46/100
• National rank: #5457
• State rank: #364 of 539 in PA

Livability — Easton

• Score: 84/100
• State rank: #92
• US rank: #667

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Easton, PA
• County: Northampton County · 236,814 people
• City population: 75,961
• Metro: Allentown-Bethlehem-Easton, PA-NJ
• Population (ZIP): 45,532
• Household income: $77,556
• Rent vs Own: 45.0% rent · 55.0% own
• Severe rent burden: 1590.0

Population outlook (Northampton County) Hauer SSP2

• Today (2025): 312,227 people
• By 2030: 314,769 · +0.8%
• By 2040: 316,914 · +1.5%
• By 2050: 318,037 · +1.9%
• By 2075: 334,003 · +7.0%
• By 2100: 344,696 · +10.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.61)
• Race & ethnicity: White 57% Hispanic / Latino 21% Black 12% Two or more races 12% Asian 3%
• Hispanic origin (detail): Mexican 3% Puerto Rican 7% Dominican 3%
• Common ancestry: Romanian 3% Polish 2% Iranian 1%
• Foreign-born: 13% · Canada, China, Jamaica
• Languages at home: 80% English-only · Spanish 15% Other Indo-European 1% Arabic 1%

Political lean MEDSL · Northampton

• 2024 margin: Toss-up / Even · D 48.6% · R 50.4%
• 2008→2024 swing: -14.1pp toward R · 2008: 12.3pp · 2024: -1.8pp
• All cycles: 2024: R+1.8 2020: D+0.7 2016: R+3.8 2012: D+4.6 2008: D+12.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -460.52%
• Current HPI: 254.8776
• Rent YoY: ▲ 4.94%
• Metro: Allentown-Bethlehem-Easton, PA-NJ
• 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

1 event — show timeline

• 2026-05-29 Listed $200,000 GLVRMLS

Property tax history

+1.5%/yr

Latest (2026): $4,111 · +2.3% YoY. Source: county tax records.