359 3rd St · Northumberland, PA 17857

$129,999

4 bd · 1.0 ba · 1,504 sqft · Other · 36 Days on market

Built 1900 2,400 sqft lot

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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 +22.4/30.0
• ARV discount +7.5/15.0
• DSCR +7.2/10.0
• 1% rule +5.2/10.0
• Livability +3.8/5.0
• Schools +3.4/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

This charming home has been lovingly maintained and cared for over the years. Inside, the home offers a warm and inviting layout with comfortable living spaces, a refreshing amount of natural light, and plenty of character. An added bonus is the spacious attic area, providing extra storage space or potential for more living space. Don't forget about the fenced in back yard perfect for entertaining guests and enjoying the outdoors. Enjoy your morning coffee or an evening book on the spacious front porch. Selling AS-IS. Call Larissa at 570-898-7629 to schedule a showing today!

Key facts

• 2,400 sq ft lot
• Built 1900
• Listed 35 days

Property features AI

Finance

• Financial info: Annual taxes listed

Exterior

• Parking: Street parking
• Home design: Single-family residential
• Construction: Frame construction; No foundation details listed; Built as a residential single-family home
• Exterior features: Street parking

Interior

• Bathrooms: 1 full bathroom
• Interior features: Unfinished basement

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath other listed at $130k.

Deal economics

• At list price, monthly cash flow is $216 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $130k).
• Recommended offer: $126k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 75/100 on livability (#423 in PA, #3,861 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: schools C-, amenities F, commute F.
• Shikellamy SD (town): math 33% / reading 47% proficiency, ranked #362 of 539 in PA (top 67%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 37 active listings in the ZIP; 81 units permitted in Northumberland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Northumberland 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 36 days — a 3% lower offer ($126k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $10k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1900 — 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 $126,099 (3.0% below list)

Questions for the listing agent

1. It's been on market 36 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
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: 1.02% ✓
• Cap rate: 8.29%
• Cash-on-cash: 7.13%
• DSCR: 1.32
• GRM: 8.2

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: -5.4%
• Equity multiple: 0.80×
• Total profit: $-7,322
• Equity at exit: $19,383

10-year hold

• IRR: 4.2%
• Equity multiple: 1.31×
• Total profit: $11,256
• Equity at exit: $11,240

Cash invested: $36,400 (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 17857

• Home prices YoY: -13.9%
• Active inventory: 37
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $1,321 medium
• Mortgage (P&I): −$682
• Tax from tax record: −$91 /mo · $1,096/yr
• Insurance: −$54
• HOA: −$0
• Vacancy / Maint / Mgmt: −$277
• Net cashflow: $216

Break-even live

Break-even rent $1,047

Max offer price $129,999

Occupancy floor 79%

Sensitivity live

Price	-10% $290	-5% $253	+0% $216	+5% $179	+10% $143
Rent	-10% $112	-5% $164	+0% $216	+5% $268	+10% $321
Rate	-1.0pp $282	-0.5pp $249	base $216	+0.5pp $182	+1.0pp $148

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: $32,500
• Closing costs: $3,900
• Reserves months: —
• Total cash needed: —

Listing history 19 events

1. 2026-06-21
   days on market $129,999 Active 36 DOM
2. 2026-06-19
   days on market $129,999 Active 34 DOM
3. 2026-06-18
   days on market $129,999 Active 33 DOM
4. 2026-06-17
   days on market $129,999 Active 32 DOM
5. 2026-06-16
   days on market $129,999 Active 31 DOM
6. 2026-06-15
   days on market $129,999 Active 30 DOM
7. 2026-06-14
   days on market $129,999 Active 28 DOM
8. 2026-06-12
   days on market $129,999 Active 27 DOM
9. 2026-06-09
   days on market $129,999 Active 24 DOM
10. 2026-06-08
    remarks 581-char remark
11. 2026-06-08
    pricedays on market $129,999 Active 23 DOM
12. 2026-06-07
    days on market $140,000 Active 22 DOM
13. 2026-06-05
    days on market $140,000 Active 19 DOM
14. 2026-06-02
    days on market $140,000 Active 17 DOM
15. 2026-06-01
    days on market $140,000 Active 16 DOM
16. 2026-05-31
    days on market $140,000 Active 15 DOM
17. 2026-05-30
    days on market $140,000 Active 14 DOM
18. 2026-05-16
    status Active
19. 2026-05-15
    listed $140,000 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: $1,096 · $91/mo
• Projected year-2 tax: $1,575 · $131/mo
• Expected delta: +$479/yr (+$40/mo · 43.7%)

ⓘ 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 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,848
• − Mortgage interest: −$7,282
• − Property taxes: −$1,096
• − Insurance: −$650
• − Repairs & maintenance: −$1,268
• − Management: −$1,268
• − Depreciation: −$3,782
• Taxable income: $503
• Est. tax owed @ 24.0%: −$121
• After-tax cash flow: $2,473/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: Shikellamy SD
• NCES district ID: 4221540
• Math proficiency: 33% ▼ -8.00%
• Reading proficiency: 47% ▼ -12.00%
• Median HH income: $41,227
• Composite: 33.6/100
• National rank: #5415
• State rank: #362 of 539 in PA

Livability — Northumberland

• Score: 75/100
• State rank: #423
• US rank: #3861

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Northumberland, PA
• Population (ZIP): 7,682

Population outlook (Northumberland County) Hauer SSP2

• Today (2025): 90,896 people
• By 2030: 89,084 · -2.0%
• By 2040: 84,822 · -6.7%
• By 2050: 80,521 · -11.4%
• By 2075: 72,152 · -20.6%
• By 2100: 62,257 · -31.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (89%)
• Race & ethnicity: White 89% Hispanic / Latino 6% Two or more races 3% Black 2%
• Hispanic origin (detail): Mexican 3% Dominican 1%
• Common ancestry: French 4% Iranian 3% Romanian 3%
• Foreign-born: 4% · Canada, Jamaica
• Languages at home: 95% English-only · Russian/Polish/Slavic 2% French/Haitian/Cajun 2% Spanish 1%

Political lean MEDSL · Northumberland

• 2024 margin: Solid R (+39.9) · D 29.6% · R 69.5%
• 2008→2024 swing: -26.1pp toward R · 2008: -13.8pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+38.5 2016: R+43.6 2012: R+19.4 2008: R+13.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -30.84%
• Current HPI: 191.4259
• 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

2 events — show timeline

• 2026-05-16 Relisted — CSVBR
• 2026-05-15 Listed $140,000 CSVBR

Property tax history

+1.8%/yr

Latest (2026): $1,096 · +0.0% YoY. Source: county tax records.