113 Gross Dr · Pocono Pines, PA 18350

$385,000

4 bd · 1.5 ba · 1,461 sqft · SingleFamily public records · 37 Days on market

Built 1974 0.34 ac lot $264/sqft · 15% below area Est $482k · 20% under $81/mo HOA · 2% of rent

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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 +15.5/30.0
• ARV discount +15.0/15.0
• DSCR +4.8/10.0
• 1% rule +4.5/10.0
• Schools +4.0/10.0
• Livability +3.7/5.0
• Appreciation +3.5/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Experience lake living and year around amenities in the heart of Lake Naomi at this move-in-ready 5-bedroom, 2 full bath chalet. Engineered hardwood flows throughout the main floor, with open Living & Dining rooms with large sliders for natural light out onto a large deck to enjoy the outdoors. New white kitchen cabinets, sleek tile backsplash and quartz counter, stainless appliances with fresh paint throughout. Main 1st floor bedroom and full bath, plus 4 additional bedrooms with new carpet on the second floor. Convenient mud room or small office/bonus room with second entry, and first floor laundry. Backing up to community property, the home enjoys a peaceful wooded setting while remaining just steps from the walk/bike path to the indoor community center and only minutes to the Lake. Optional to join the Lake Naomi Club, or just the beach passes, or neither to enjoy your peaceful retreat. Lake Naomi Club provides the finest amenities including an Olympic sized outdoor heated pool overlooking Lake Naomi, a top rated tennis center complex, a 9-hole private golf course, Lakefront Clubhouse Restaurant & Pub and a year round 48,000 sf Community Center featuring a large indoor heated pool, indoor tennis & basketball, fitness center and 29 acres for additional outdoor activities --making this a true four season retreat for relaxation and recreation alike. Ask how to receive up lender credit towards closing costs or lowering your interest rate!

Key facts

• Large deck
• Quartz counter
• Stainless appliances

Tags

• LARGE DECK
• NEW WHITE KITCHEN CABINETS
• SLEEK TILE BACKSPLASH
• QUARTZ COUNTER
• STAINLESS APPLIANCES
• PEACEFUL WOODED SETTING

Property features AI

Finance

• Other: Community offers indoor and in-ground pools
• HOA & community: Annual HOA fee (road maintenance included) with community amenities including clubhouse, community center, indoor and outdoor pools, tennis courts, beach and lake access, fitness center

Exterior

• Parking: Off-street parking
• Utilities: Well water; On-site septic
• Home design: Detached single-family home; Built (year source: assessor)
• Construction: T-1-11 and wood siding; Asphalt/fiberglass roof; Crawl space foundation
• Exterior features: Level lot with trees/wooded areas; Deck(s); Private paved road access

Interior

• Kitchen: Dishwasher; Electric oven/range; Stainless steel appliances
• Bedrooms: Four bedrooms on the upper level; One bedroom on the main level
• Flooring: Vinyl; Carpet; Engineered wood
• Bathrooms: Two full bathrooms (one on main level, one on upper level)
• Heating & cooling: Electric baseboard heating; Wood-burning stove; Ceiling fans for cooling; Circuit breaker electrical service; Electric hot water
• Interior features: Open floor plan; Dining area; Ceiling fans; Attic; Wood stove; Cathedral ceilings
• Laundry & utility: Laundry on the main floor

What this means for you Summary

Snapshot

• This is a 4-bed/1.5-bath single-family listed at $385k.

Deal economics

• At list price, monthly cash flow is $155 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $364k (5.5% below list).
• Recommended offer: $364k (5.5% below list) — sets the bar for 1% rule.
• Cap rate 6.8% vs local median 4.0% in Pocono Pines — 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 74/100 on livability (#532 in PA, #4,925 nationally) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, crime A; Watch: health & safety D, amenities F, commute F.
• Pocono Mountain SD (rural): math 37% / reading 55% proficiency, ranked #245 of 539 in PA (top 46%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Tobyhanna El Ctr (math 37% / reading 72%, grade C, #504 of 1,518 statewide, top 37%, 601 students, 61% FRL); Pocono Mountain West Jhs (math 8% / reading 32%, grade F, #441 of 512 statewide, top 86%, 713 students, 75% FRL); Pocono Mountain West Hs (math 82% / reading 92%, grade A, #8 of 437 statewide, top 2%, 1,512 students, 63% FRL) — zoned schools average 66% FRL vs 49% district-wide (17 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 97 active listings in the ZIP; 278 units permitted in Monroe County in 2024 (52 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.
• Monroe County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 37 days — a 3% lower offer ($373k) is reasonable based on typical stale-listing flexibility.
• 7 sale attempts since 8y 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.
• Current owner paid $165k; list at $385k implies a 133% gain — meaningful room to come down on a strong offer.

Recommended offer $363,946 (5.5% below list)

Questions for the listing agent

1. It's been on market 37 days. Have you received any prior offers? Is the seller open to a 5% concession, seller financing, or rate buy-down credit?
2. Built in 1974 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. 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?
6. This sits on a lake — are riparian / water-frontage rights deeded with the parcel? Any dock permits, shoreline easements, or HOA water-use restrictions?
7. What's the documented flood / surge / shoreline-erosion history here (FEMA AND non-FEMA — e.g., storm surge, creek backup, septic-field saturation)?
8. Any water-quality or seasonal algae-bloom issues that affect tenant satisfaction or short-term-rental demand?
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: 0.95% ✗
• Cap rate: 6.78%
• Cash-on-cash: 1.72%
• DSCR: 1.08
• GRM: 8.8

CMA / ARV

• ARV (median comp): $482,148
• List price: $385,000
• Delta: -20.15%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1515 Beech Spring Dr	0.40mi	3/2.0 (-1)	1,454 (-0%)	10mo	$415,000	$285	66
1178 Manor Hill Rd	0.17mi	3/2.0 (-1)	1,510 (+3%)	20mo	$453,000	$300	63
231 Gross Dr	0.53mi	3/2.0 (-1)	1,488 (+2%)	7mo	$325,000	$218	60
1169 Deer Trail Rd	0.37mi	3/2.0 (-1)	1,365 (-7%)	7mo	$514,500	$377	59
1512 Evergreen Rd	0.38mi	3/2.0 (-1)	1,475 (+1%)	18mo	$461,000	$313	58
2129 Oak Rd	0.30mi	3/2.0 (-1)	1,244 (-15%)	3mo	$407,000	$327	52
1224 Longrifle Rd	0.41mi	3/2.0 (-1)	1,610 (+10%)	7mo	$425,000	$264	51
1516 Beech Spring Dr	0.44mi	3/2.0 (-1)	1,575 (+8%)	10mo	$300,000	$190	51
1546 Beech Spring Dr	0.46mi	3/2.0 (-1)	1,520 (+4%)	24mo	$351,000	$231	45
172 Cumberland Rd	0.63mi	3/2.0 (-1)	1,634 (+12%)	1mo	$554,000	$339	43
138 Boones Trl	0.69mi	3/2.0 (-1)	1,530 (+5%)	16mo	$470,000	$307	40
1112 Stonewall Dr	0.60mi	3/1.5 (-1)	1,390 (-5%)	24mo	$385,000	$277	39

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 · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -13.5%
• Equity multiple: 0.51×
• Total profit: $-52,435
• Equity at exit: $57,405

10-year hold

• IRR: -4.6%
• Equity multiple: 0.70×
• Total profit: $-32,591
• Equity at exit: $33,288

Cash invested: $107,800 (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 18350

• Home prices YoY: -1.4%
• Active inventory: 97
• Price-to-rent: 8.8×

Monthly cashflow live

• Estimated rent: $3,639 medium
• Mortgage (P&I): −$2,019
• Tax from tax record: −$460 /mo · $5,520/yr
• Insurance: −$160
• HOA: −$81
• Vacancy / Maint / Mgmt: −$764
• Net cashflow: $155

Break-even live

Break-even rent $3,444

Max offer price $385,000

Occupancy floor 91%

Sensitivity live

Price	-10% $373	-5% $264	+0% $155	+5% $46	+10% $-63
Rent	-10% $-133	-5% $11	+0% $155	+5% $299	+10% $442
Rate	-1.0pp $349	-0.5pp $253	base $155	+0.5pp $55	+1.0pp $-46

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: $96,250
• Closing costs: $11,550
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $81 · $972/yr
• Likely covers: poolgym

Listing history 29 events

1. 2026-06-19
   days on market $385,000 Active 37 DOM
2. 2026-06-18
   days on market $385,000 Active 36 DOM
3. 2026-06-17
   days on market $385,000 Active 35 DOM
4. 2026-06-16
   days on market $385,000 Active 34 DOM
5. 2026-06-15
   days on market $385,000 Active 33 DOM
6. 2026-06-14
   days on market $385,000 Active 31 DOM
7. 2026-06-13
   days on market $385,000 Active 30 DOM
8. 2026-06-10
   days on market $385,000 Active 28 DOM
9. 2026-06-09
   days on market $385,000 Active 27 DOM
10. 2026-06-08
    days on market $385,000 Active 26 DOM
11. 2026-06-07
    days on market $385,000 Active 25 DOM
12. 2026-06-02
    days on market $385,000 Active 20 DOM
13. 2026-06-01
    days on market $385,000 Active 19 DOM
14. 2026-05-31
    days on market $385,000 Active 18 DOM
15. 2026-05-30
    days on market $385,000 Active 17 DOM
16. 2026-05-13
    listed $385,000 Active 1480-char remark

    Show marketing remark (1480 chars)

    Experience lake living and year around amenities in the heart of Lake Naomi at this move-in-ready 5-bedroom, 2 full bath chalet. Engineered hardwood flows throughout the main floor, with open Living & Dining rooms with large sliders for natural light out onto a large deck to enjoy the outdoors. New white kitchen cabinets, sleek tile backsplash and quartz counter, stainless appliances with fresh paint throughout. Main 1st floor bedroom and full bath, plus 4 additional bedrooms with new carpet on the second floor. Convenient mud room or small office/bonus room with second entry, and first floor laundry. Backing up to community property, the home enjoys a peaceful wooded setting while remaining just steps from the walk/bike path to the indoor community center and only minutes to the Lake. Optional to join the Lake Naomi Club, or just the beach passes, or neither to enjoy your peaceful retreat. Lake Naomi Club provides the finest amenities including an Olympic sized outdoor heated pool overlooking Lake Naomi, a top rated tennis center complex, a 9-hole private golf course, Lakefront Clubhouse Restaurant & Pub and a year round 48,000 sf Community Center featuring a large indoor heated pool, indoor tennis & basketball, fitness center and 29 acres for additional outdoor activities --making this a true four season retreat for relaxation and recreation alike. Ask how to receive up lender credit towards closing costs or lowering your interest rate!

17. 2026-05-13
    historical

    Show marketing remark (1480 chars)

    Experience lake living and year around amenities in the heart of Lake Naomi at this move-in-ready 5-bedroom, 2 full bath chalet. Engineered hardwood flows throughout the main floor, with open Living & Dining rooms with large sliders for natural light out onto a large deck to enjoy the outdoors. New white kitchen cabinets, sleek tile backsplash and quartz counter, stainless appliances with fresh paint throughout. Main 1st floor bedroom and full bath, plus 4 additional bedrooms with new carpet on the second floor. Convenient mud room or small office/bonus room with second entry, and first floor laundry. Backing up to community property, the home enjoys a peaceful wooded setting while remaining just steps from the walk/bike path to the indoor community center and only minutes to the Lake. Optional to join the Lake Naomi Club, or just the beach passes, or neither to enjoy your peaceful retreat. Lake Naomi Club provides the finest amenities including an Olympic sized outdoor heated pool overlooking Lake Naomi, a top rated tennis center complex, a 9-hole private golf course, Lakefront Clubhouse Restaurant & Pub and a year round 48,000 sf Community Center featuring a large indoor heated pool, indoor tennis & basketball, fitness center and 29 acres for additional outdoor activities --making this a true four season retreat for relaxation and recreation alike. Ask how to receive up lender credit towards closing costs or lowering your interest rate!

18. 2026-05-13
    listed $385,000 Active

    Show marketing remark (1480 chars)

    Experience lake living and year around amenities in the heart of Lake Naomi at this move-in-ready 5-bedroom, 2 full bath chalet. Engineered hardwood flows throughout the main floor, with open Living & Dining rooms with large sliders for natural light out onto a large deck to enjoy the outdoors. New white kitchen cabinets, sleek tile backsplash and quartz counter, stainless appliances with fresh paint throughout. Main 1st floor bedroom and full bath, plus 4 additional bedrooms with new carpet on the second floor. Convenient mud room or small office/bonus room with second entry, and first floor laundry. Backing up to community property, the home enjoys a peaceful wooded setting while remaining just steps from the walk/bike path to the indoor community center and only minutes to the Lake. Optional to join the Lake Naomi Club, or just the beach passes, or neither to enjoy your peaceful retreat. Lake Naomi Club provides the finest amenities including an Olympic sized outdoor heated pool overlooking Lake Naomi, a top rated tennis center complex, a 9-hole private golf course, Lakefront Clubhouse Restaurant & Pub and a year round 48,000 sf Community Center featuring a large indoor heated pool, indoor tennis & basketball, fitness center and 29 acres for additional outdoor activities --making this a true four season retreat for relaxation and recreation alike. Ask how to receive up lender credit towards closing costs or lowering your interest rate!

19. 2026-05-13
    listed $385,000 Active

    Show marketing remark (1480 chars)

    Experience lake living and year around amenities in the heart of Lake Naomi at this move-in-ready 5-bedroom, 2 full bath chalet. Engineered hardwood flows throughout the main floor, with open Living & Dining rooms with large sliders for natural light out onto a large deck to enjoy the outdoors. New white kitchen cabinets, sleek tile backsplash and quartz counter, stainless appliances with fresh paint throughout. Main 1st floor bedroom and full bath, plus 4 additional bedrooms with new carpet on the second floor. Convenient mud room or small office/bonus room with second entry, and first floor laundry. Backing up to community property, the home enjoys a peaceful wooded setting while remaining just steps from the walk/bike path to the indoor community center and only minutes to the Lake. Optional to join the Lake Naomi Club, or just the beach passes, or neither to enjoy your peaceful retreat. Lake Naomi Club provides the finest amenities including an Olympic sized outdoor heated pool overlooking Lake Naomi, a top rated tennis center complex, a 9-hole private golf course, Lakefront Clubhouse Restaurant & Pub and a year round 48,000 sf Community Center featuring a large indoor heated pool, indoor tennis & basketball, fitness center and 29 acres for additional outdoor activities --making this a true four season retreat for relaxation and recreation alike. Ask how to receive up lender credit towards closing costs or lowering your interest rate!

20. 2026-05-11
    historical
21. 2025-12-27
    listed $400,000 Active
22. 2025-12-27
    listed $400,000 Active
23. 2025-12-26
    historical
24. 2025-12-26
    listed $400,000 Active
25. 2019-07-03
    soldstatus $165,200
26. 2019-07-01
    soldstatus $165,200
27. 2018-08-01
    listed $177,400
28. 2003-05-06
    soldstatus $127,000
29. 2002-04-29
    soldstatus $85,500

ⓘ 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: $5,520 · $460/mo
• Projected year-2 tax: $5,801 · $483/mo
• Expected delta: +$282/yr (+$23/mo · 5.1%)

ⓘ 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 2/10 Low 7 d/yr ≥89°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 7% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out

Taxation est. · year 1

• Rental income: $43,674
• − Mortgage interest: −$21,566
• − Property taxes: −$5,520
• − Insurance: −$1,925
• − Repairs & maintenance: −$3,494
• − Management: −$3,494
• − HOA: −$972
• − Depreciation: −$11,200
• Taxable loss: −$4,497
• Est. tax savings @ 24.0%: +$1,079
• After-tax cash flow: $2,937/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: Pocono Mountain SD
• NCES district ID: 4219500
• Math proficiency: 37% ▼ -5.00%
• Reading proficiency: 55% ▲ 1.00%
• Median HH income: $55,317
• Composite: 39.91/100
• National rank: #3856
• State rank: #245 of 539 in PA

Livability — Pocono Pines

• Score: 74/100
• State rank: #532
• US rank: #4925

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Pocono Pines, PA
• City population: 595
• Population (ZIP): 595

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 164,099 people
• By 2030: 161,412 · -1.6%
• By 2040: 154,616 · -5.8%
• By 2050: 146,710 · -10.6%
• By 2075: 140,830 · -14.2%
• By 2100: 138,472 · -15.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (83%)
• Race & ethnicity: White 83% Asian 12% Two or more races 5%
• Common ancestry: Romanian 6% Slovak 6% Russian 3%
• Foreign-born: 15% · South Korea
• Languages at home: 82% English-only · Korean 12% Other Indo-European 6%

Political lean MEDSL · Monroe

• 2024 margin: Toss-up / Even · D 49.1% · R 49.9%
• 2008→2024 swing: -17.1pp toward R · 2008: 16.3pp · 2024: -0.8pp
• All cycles: 2024: R+0.8 2020: D+6.4 2016: D+0.3 2012: D+14.0 2008: D+16.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -3.00%
• Current HPI: 215.5562
• 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

+350.3% since first listed

14 events — show timeline

• 2026-05-13 Listed $385,000 GLVRMLS
• 2026-05-13 Listed $385,000 PMAR
• 2026-05-13 Listed $385,000 BRIGHT MLS
• 2026-05-13 Listing Removed — BRIGHT MLS
• 2026-05-11 Listing Removed — GLVRMLS
• 2025-12-27 Listed $400,000 GLVRMLS
• 2025-12-27 Listed $400,000 BRIGHT MLS
• 2025-12-26 Coming Soon — BRIGHT MLS
• 2025-12-26 Listed $400,000 PMAR
• 2019-07-03 Sold (Public Records) $165,200 Public Records
• 2019-07-01 Sold (MLS) $165,200 PMAR
• 2018-08-01 Listed $177,400 PMAR
• 2003-05-06 Sold (Public Records) $127,000 Public Records
• 2002-04-29 Sold (Public Records) $85,500 Public Records

Property tax history

+4.3%/yr

Latest (2026): $5,520 · +3.3% YoY. Source: county tax records.