236 W Main St · Bath, PA 18014

$149,900

3 bd · 1.0 ba · 1,406 sqft · Townhouse public records · 5 Days on market

Built 1900 4,070 sqft lot Est $298k · 50% under

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Why this score? — see what drove the B- 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 +24.9/30.0
• ARV discount +15.0/15.0
• DSCR +8.1/10.0
• 1% rule +6.8/10.0
• Schools +4.4/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Cozy twin home in Bath Borough with 3 bedrooms, one and a half baths, large eat in kitchen, open concept dining room/living room, full basement, and attic storage.

Key facts

• Mini-split system
• Mudroom
• Newer gas furnace

Tags

• PRIME LOCATION
• NEWER GAS FURNACE
• 200 AMP ELECTRICAL SERVICE
• MINI-SPLIT SYSTEM
• MUDROOM
• COSMETIC UPDATES

Property features AI

Finance

• HOA & community: Sidewalks in the community

Exterior

• Parking: 2-car garage; Driveway, off-street parking and parking pad
• Security: Smoke detectors
• Utilities: Public water; Public sewer; 200+ amp electric service with circuit breakers
• Home design: 3-story home; Above-grade finished area approximately 1,620
• Construction: Stone veneer and vinyl siding; Asphalt/fiberglass roof
• Exterior features: Porch; Flat lot; Located on a paved public road; Not in a subdivision

Interior

• Kitchen: Electric oven and electric range; Microwave; Refrigerator
• Bedrooms: Third-floor bedroom (approx. 12 x 14); Second-floor bedroom with walk-through to another bedroom and attic access (approx. 12 x 10); Second-floor bedroom (approx. 14 x 12); Second-floor bedroom that walks through to a bathroom (approx. 15 x 14)
• Flooring: Carpet; Vinyl
• Bathrooms: One full bathroom (second level); One half bathroom (first level)
• Heating & cooling: Gas hot water heat
• Interior features: Dining area with separate/formal dining room; Traditional floorplan; Full basement
• Laundry & utility: Main-level laundry/mud room; Washer and electric dryer included; Electric dryer hookup

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $150k.

Deal economics

• At list price, monthly cash flow is $266 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $150k).
• Cap rate 8.9% vs local median 3.0% in Bath — 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 67/100 on livability (#959 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, housing A+; Watch: employment D, amenities F, commute F.
• Northampton Area SD (suburban): math 47% / reading 54% proficiency, ranked #153 of 539 in PA (top 28%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 62 active listings in the ZIP; 6 comparable units currently listed for rent nearby; rentals at typical pace (median 15d on market — plan ~3-4 weeks tenant-placement turnaround); 567 units permitted in Northampton County in 2024 (151 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 $4k of value loss. Plan a longer hold.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 12y 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 $85k; list at $150k implies a 76% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: severe flood risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $149,900

Questions for the listing agent

1. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
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: 1.18% ✓
• Cap rate: 8.86%
• Cash-on-cash: 9.18%
• DSCR: 1.41
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $298,072
• Comps found: 4

Show comp detail 4 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
303 Green St	0.09mi	3/1.5	1,286 (-8%)	12mo	$272,000	$212	69
144 Washington St	0.22mi	3/2.5	1,470 (+5%)	14mo	$325,000	$221	65
614 E Main St	0.71mi	3/2.0	1,280 (-9%)	2mo	$249,900	$195	46
252 N Walnut St #103	0.36mi	2/1.5 (-1)	1,212 (-14%)	9mo	$186,500	$154	46

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: -4.6%
• Equity multiple: 0.83×
• Total profit: $-7,292
• Equity at exit: $22,351

10-year hold

• IRR: 5.1%
• Equity multiple: 1.38×
• Total profit: $15,784
• Equity at exit: $12,961

Cash invested: $41,972 (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 18014

• Active inventory: 62
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $1,774 high
• Mortgage (P&I): −$786
• Tax from tax record: −$232 /mo · $2,785/yr
• Insurance: −$62
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$373
• Net cashflow: $266

Break-even live

Break-even rent $1,438

Max offer price $149,900

Occupancy floor 80%

Sensitivity live

Price	-10% $350	-5% $308	+0% $266	+5% $223	+10% $181
Rent	-10% $125	-5% $195	+0% $266	+5% $336	+10% $406
Rate	-1.0pp $341	-0.5pp $304	base $266	+0.5pp $227	+1.0pp $187

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: $37,475
• Closing costs: $4,497
• Reserves months: —
• Total cash needed: —

Rent comps 6 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
150 N Walnut St Apt A Bath, PA	2.0	1.0	1000	$1,295	$1.29	44d	1	0.20mi
216 Penn St #8 Bath, PA	2.0	1.0	1000	$1,750	$1.75	3d	1	0.24mi
252 N Walnut St #208 Bath, PA	2.0	1.5	1100	$1,850	$1.68	3d	1	0.37mi
282 N Walnut St Bath, PA	1.0–2.0	1.0–2.0	1025	$2,250	$2.20	3d	8	0.43mi
284 N Walnut St Unit 284-107 Bath, PA	2.0	2.0	1175	$2,250	$1.91	14d	1	0.51mi
8467 Airport Rd Northampton, PA	3.0	1.0	1350	$1,850	$1.37	44d	1	1.23mi

Listing history 4 events

1. 2026-06-15
   status $149,900 Pending 5 DOM
2. 2026-06-15
   days on market $149,900 Active 5 DOM
3. 2026-06-14
   remarks 699-char remark
4. 2026-06-14
   listed $149,900 Active 3 DOM

ⓘ 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: $2,785 · $232/mo
• Projected year-2 tax: $2,785 · $232/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 8/10 Severe FEMA zone X (unshaded) · 99% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 13% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 5 by 30 yrs out

Taxation est. · year 1

• Rental income: $21,292
• − Mortgage interest: −$8,397
• − Property taxes: −$2,785
• − Insurance: −$1,416
• − Repairs & maintenance: −$1,703
• − Management: −$1,703
• − Depreciation: −$4,361
• Taxable income: $926
• Est. tax owed @ 24.0%: −$222
• After-tax cash flow: $2,964/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: Northampton Area SD
• NCES district ID: 4217370
• Math proficiency: 47% ▼ -1.00%
• Reading proficiency: 54% ▼ -13.00%
• Median HH income: $62,326
• Composite: 44.35/100
• National rank: #2822
• State rank: #153 of 539 in PA

Livability — Bath

• Score: 67/100
• State rank: #959
• US rank: #10512

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bath, PA
• Population (ZIP): 12,474

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: Predominantly White (88%)
• Race & ethnicity: White 88% Hispanic / Latino 6% Two or more races 4% Black 3%
• Hispanic origin (detail): Puerto Rican 3%
• Common ancestry: Romanian 4% Polish 3% Danish 3%
• Foreign-born: 2% · Canada
• Languages at home: 95% English-only · Spanish 3% Other Indo-European 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: ▼ -145.54%
• Current HPI: 212.4688
• 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

+305.1% since first listed

18 events — show timeline

• 2026-06-10 Listed $149,900 GLVRMLS
• 2017-12-04 Sold (Public Records) $85,000 Public Records
• 2017-12-04 Sold (MLS) $85,000 GLVRMLS
• 2017-10-23 Pending — GLVRMLS
• 2017-09-19 Price Changed $104,900 GLVRMLS
• 2017-08-29 Listed $110,000 GLVRMLS
• 2015-10-30 Sold (MLS) $26,000 GLVRMLS
• 2015-09-21 Pending — GLVRMLS
• 2015-09-10 Price Changed $29,900 GLVRMLS
• 2015-08-14 Price Changed $39,500 GLVRMLS
• 2015-08-12 Price Changed $44,500 GLVRMLS
• 2015-07-07 Price Changed $49,500 GLVRMLS
• 2015-06-06 Listed $58,500 GLVRMLS
• 2015-01-23 Listing Removed — BRIGHT MLS
• 2015-01-23 Listing Removed — GLVRMLS
• 2014-01-23 Listed $59,900 BRIGHT MLS
• 2014-01-19 Listed $59,900 GLVRMLS
• 1995-12-01 Sold (Public Records) $37,000 Public Records

Property tax history

+1.4%/yr

Latest (2026): $2,785 · +2.7% YoY. Source: county tax records.