7224 Angle Rd · Antrim, PA 17202

$199,000

3 bd · 1.0 ba · 1,535 sqft · Other · 25 Days on market

Built 1953 0.76 ac lot $130/sqft · 16% below area Est $238k · 16% 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 +15.2/30.0
• ARV discount +14.8/15.0
• DSCR +4.7/10.0
• Schools +4.7/10.0
• 1% rule +4.2/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

BRICK RANCHER & /or BUILDING LOT. OFFERED SEPARATE & COMBINED. ENJOY CONVENIENT LIVING ALL ON ONE FLOOR IN A NICE COUNTRY SETTING!GREAT LOCATION in GREENCASTLE SCHOOL DISTRICT!TRACT 1:Home w/ 3 br, 1 bath, lr w/ fireplace, dr, equipped kitchen, 1st floor laundry, mud room, full basement, walk-up attic for storage, 2-car garage, 1/2 +-acre lot. TRACT 2: 1/3+-ACRE BUILDING LOT. OPEN HOUSE:Sat May 8 & 15:1-2 pm

Key facts

• 0.76 acre lot
• 6 garage spots
• Built 1953

Property features AI

Finance

• Other: Fee simple ownership

Exterior

• Parking: Attached garage (2 spaces); Detached garage (4 spaces) with additional storage area; Covered parking; Total of 6 garage/parking spaces
• Utilities: Oil and wood heating fuel options; Public sewer; Cistern for water; Electric hot water
• Home design: Detached property; Above-grade finished living space (estimated 1,535 sq.ft.)
• Construction: Brick construction; Block foundation; Above- and below-grade structures
• Exterior features: Paved driveway; Cistern water source; Public sewer

Interior

• Kitchen: Kitchen
• Bedrooms: Three main-level bedrooms (Bedroom 1, Bedroom 2, Bedroom 3)
• Bathrooms: One full bathroom on the main level
• Heating & cooling: Baseboard hot water heating; Wood-burning stove; Electric hot water
• Interior features: Dining room; Family room; Foyer; Sun/Florida room; Partial unfinished basement; One fireplace
• Laundry & utility: Main-level laundry

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath other listed at $199k.

Deal economics

• At list price, monthly cash flow is $69 ($827/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 $183k (8.0% below list).
• Recommended offer: $183k (8.0% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• Greencastle-Antrim SD (suburban): math 43% / reading 65% proficiency, ranked #118 of 539 in PA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 224 active listings in the ZIP; 633 units permitted in Franklin County in 2024 (112 in 5+ unit buildings).

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

• It's been on market 25 days — a 2% lower offer ($196k) is reasonable based on typical stale-listing flexibility.
• 3 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.
• Current owner paid $109k; list at $199k implies a 83% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1953 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $183,115 (8.0% below list)

Questions for the listing agent

1. Built in 1953 — 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: 0.92% ✗
• Cap rate: 6.71%
• Cash-on-cash: 1.48%
• DSCR: 1.07
• GRM: 9.1

CMA / ARV

• ARV (median comp): $237,589
• List price: $199,000
• Delta: -16.24%
• Verdict: UNDERPRICED
• Comps: 2 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: -13.9%
• Equity multiple: 0.50×
• Total profit: $-27,827
• Equity at exit: $29,672

10-year hold

• IRR: -5.1%
• Equity multiple: 0.67×
• Total profit: $-18,459
• Equity at exit: $17,206

Cash invested: $55,720 (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 17202

• Home prices YoY: -26.1%
• Active inventory: 224
• Price-to-rent: 9.1×

Monthly cashflow live

• Estimated rent: $1,831 medium
• Mortgage (P&I): −$1,044
• Tax from tax record: −$251 /mo · $3,014/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$385
• Net cashflow: $69

Break-even live

Break-even rent $1,744

Max offer price $199,000

Occupancy floor 91%

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: $49,750
• Closing costs: $5,970
• Reserves months: —
• Total cash needed: —

Listing history 14 events

1. 2026-06-07
   statusdays on market $199,000 Pending 25 DOM
2. 2026-06-05
   days on market $199,000 Active 24 DOM
3. 2026-06-02
   days on market $199,000 Active 22 DOM
4. 2026-06-01
   days on market $199,000 Active 21 DOM
5. 2026-05-31
   days on market $199,000 Active 20 DOM
6. 2026-05-30
   days on market $199,000 Active 19 DOM
7. 2026-05-12
   listed $199,000 Active 1012-char remark
8. 2026-05-08
   historical $199,000 1012-char remark
9. 2010-06-14
   soldstatus $109,000 425-char remark

   Show marketing remark (425 chars)

   BRICK RANCHER & /or BUILDING LOT. OFFERED SEPARATE & COMBINED. ENJOY CONVENIENT LIVING ALL ON ONE FLOOR IN A NICE COUNTRY SETTING!GREAT LOCATION in GREENCASTLE SCHOOL DISTRICT!TRACT 1:Home w/ 3 br, 1 bath, lr w/ fireplace, dr, equipped kitchen, 1st floor laundry, mud room, full basement, walk-up attic for storage, 2-car garage, 1/2 +-acre lot. TRACT 2: 1/3+-ACRE BUILDING LOT. OPEN HOUSE:Sat May 8 & 15:1-2 pm

10. 2010-06-14
    soldstatus $109,000

    Show marketing remark (425 chars)

    BRICK RANCHER & /or BUILDING LOT. OFFERED SEPARATE & COMBINED. ENJOY CONVENIENT LIVING ALL ON ONE FLOOR IN A NICE COUNTRY SETTING!GREAT LOCATION in GREENCASTLE SCHOOL DISTRICT!TRACT 1:Home w/ 3 br, 1 bath, lr w/ fireplace, dr, equipped kitchen, 1st floor laundry, mud room, full basement, walk-up attic for storage, 2-car garage, 1/2 +-acre lot. TRACT 2: 1/3+-ACRE BUILDING LOT. OPEN HOUSE:Sat May 8 & 15:1-2 pm

11. 2010-05-20
    historical 425-char remark

    Show marketing remark (425 chars)

    BRICK RANCHER & /or BUILDING LOT. OFFERED SEPARATE & COMBINED. ENJOY CONVENIENT LIVING ALL ON ONE FLOOR IN A NICE COUNTRY SETTING!GREAT LOCATION in GREENCASTLE SCHOOL DISTRICT!TRACT 1:Home w/ 3 br, 1 bath, lr w/ fireplace, dr, equipped kitchen, 1st floor laundry, mud room, full basement, walk-up attic for storage, 2-car garage, 1/2 +-acre lot. TRACT 2: 1/3+-ACRE BUILDING LOT. OPEN HOUSE:Sat May 8 & 15:1-2 pm

12. 2010-05-20
    historical

    Show marketing remark (425 chars)

    BRICK RANCHER & /or BUILDING LOT. OFFERED SEPARATE & COMBINED. ENJOY CONVENIENT LIVING ALL ON ONE FLOOR IN A NICE COUNTRY SETTING!GREAT LOCATION in GREENCASTLE SCHOOL DISTRICT!TRACT 1:Home w/ 3 br, 1 bath, lr w/ fireplace, dr, equipped kitchen, 1st floor laundry, mud room, full basement, walk-up attic for storage, 2-car garage, 1/2 +-acre lot. TRACT 2: 1/3+-ACRE BUILDING LOT. OPEN HOUSE:Sat May 8 & 15:1-2 pm

13. 2010-05-03
    listed $109,000 425-char remark

    Show marketing remark (425 chars)

    BRICK RANCHER & /or BUILDING LOT. OFFERED SEPARATE & COMBINED. ENJOY CONVENIENT LIVING ALL ON ONE FLOOR IN A NICE COUNTRY SETTING!GREAT LOCATION in GREENCASTLE SCHOOL DISTRICT!TRACT 1:Home w/ 3 br, 1 bath, lr w/ fireplace, dr, equipped kitchen, 1st floor laundry, mud room, full basement, walk-up attic for storage, 2-car garage, 1/2 +-acre lot. TRACT 2: 1/3+-ACRE BUILDING LOT. OPEN HOUSE:Sat May 8 & 15:1-2 pm

14. 2010-05-03
    listed $109,000

    Show marketing remark (425 chars)

    BRICK RANCHER & /or BUILDING LOT. OFFERED SEPARATE & COMBINED. ENJOY CONVENIENT LIVING ALL ON ONE FLOOR IN A NICE COUNTRY SETTING!GREAT LOCATION in GREENCASTLE SCHOOL DISTRICT!TRACT 1:Home w/ 3 br, 1 bath, lr w/ fireplace, dr, equipped kitchen, 1st floor laundry, mud room, full basement, walk-up attic for storage, 2-car garage, 1/2 +-acre lot. TRACT 2: 1/3+-ACRE BUILDING LOT. OPEN HOUSE:Sat May 8 & 15:1-2 pm

ⓘ 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: $3,014 · $251/mo
• Projected year-2 tax: $3,079 · $257/mo
• Expected delta: +$65/yr (+$5/mo · 2.2%)

ⓘ 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 5/10 Major 7 d/yr ≥99°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% chance of damaging wind over 30 yrs
• 🫁 Air quality 1/10 Low 0 unhealthy d/yr today · 0 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,974
• − Mortgage interest: −$11,147
• − Property taxes: −$3,014
• − Insurance: −$995
• − Repairs & maintenance: −$1,758
• − Management: −$1,758
• − Depreciation: −$5,789
• Taxable loss: −$2,487
• Est. tax savings @ 24.0%: +$597
• After-tax cash flow: $1,424/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: Greencastle-Antrim SD
• NCES district ID: 4211010
• Math proficiency: 43% ▼ -14.00%
• Reading proficiency: 65% ▼ -9.00%
• Median HH income: $62,541
• Composite: 47.21/100
• National rank: #2319
• State rank: #118 of 539 in PA

Livability — Antrim

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Population (ZIP): 32,772

Population outlook (Franklin County) Hauer SSP2

• Today (2025): 157,827 people
• By 2030: 158,933 · +0.7%
• By 2040: 159,060 · +0.8%
• By 2050: 155,132 · -1.7%
• By 2075: 138,545 · -12.2%
• By 2100: 112,321 · -28.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (84%)
• Race & ethnicity: White 84% Hispanic / Latino 7% Two or more races 5% Black 2% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 2%
• Common ancestry: Romanian 3% Italian 3% Polish 1%
• Foreign-born: 4% · Canada, Philippines
• Languages at home: 92% English-only · Spanish 6% Other Asian/Pacific 1%

Political lean MEDSL · Franklin

• 2024 margin: Solid R (+43.0) · D 28.1% · R 71.1%
• 2008→2024 swing: -10.4pp toward R · 2008: -32.6pp · 2024: -43.0pp
• All cycles: 2024: R+43.0 2020: R+43.1 2016: R+46.5 2012: R+38.5 2008: R+32.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -81.86%
• Current HPI: 232.0695
• 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

+82.6% since first listed

9 events — show timeline

• 2026-06-05 Pending — BRIGHT MLS
• 2026-05-12 Listed $199,000 BRIGHT MLS
• 2026-05-08 Coming Soon $199,000 BRIGHT MLS
• 2010-06-14 Sold (MLS) $109,000 MRIS
• 2010-06-14 Sold (MLS) $109,000 BRIGHT MLS
• 2010-05-20 Delisted — MRIS
• 2010-05-20 Listing Removed — BRIGHT MLS
• 2010-05-03 Listed $109,000 MRIS
• 2010-05-03 Listed $109,000 BRIGHT MLS

Property tax history

+15.3%/yr

Latest (2026): $3,014 · +3.2% YoY. Source: county tax records.