208 Mountain View Dr · Hemlock Farms, PA 18428

$349,000

2 bd · 2.0 ba · 2,004 sqft · SingleFamily public records · 26 Days on market

Built 1991 0.38 ac lot Est $397k · 12% under $250/mo HOA · 6% of rent

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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 +24.7/30.0
• ARV discount +12.9/15.0
• Appreciation +10.0/10.0
• DSCR +8.0/10.0
• 1% rule +6.9/10.0
• Schools +4.2/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

BUYER'S, BUYER'S, BUYER'S! Seller Agrees to Pay Capital Improvement Fund at Closing on this Gorgeous One Owner 2-Story Custom Built Saltbox Home with 2 Fireplaces, Open Floor Plan, Modern Granite Kitchen, Pergo Flooring, Anderson Windows, Heated Sunroom, Possible 2 Master Suites & a Large Loft Area that can be 3rd Bedroom. Gallium Beams throughout. Beautiful Level Landscaped Lot with Circular Driveway. , Beds Description: 1 BED 2nd, Beds Description: 1Bed1st, Beds Description: 1 BED 2nd, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2, Eating Area: Dining Area, Eating Area: Modern KT

Key facts

• Spacious great room
• Sunroom
• 0.38 acre lot

Tags

• SPACIOUS GREAT ROOM
• SUNROOM
• TONGUE AND GROOVE CEILINGS

Property features AI

Finance

• Other: Private road with road maintenance agreement
• Financial info: Association fee billed annually with an additional one-time fee
• HOA & community: Homeowners association with annual fee; Annual association fee and a one-time fee apply; Monthly equivalent of association fee available; Association amenities include: clubhouse, pool (indoor and outdoor mentions), spa/hot tub, sauna, fitness center, game/billiard room, recreation room, meeting room, maintenance, security, gated community, trails, picnic areas, park, barbecue, beach access/rights, beach, basketball court, dog park, laundry, and exercise course

Exterior

• Parking: Attached garage with garage door opener; Garage faces front; 1 garage space
• Security: Community security (included in association amenities/fee)
• Utilities: 200+ amp electric service with circuit breakers; Propane available; Electricity connected; Water connected; Cable available and connected; Septic tank
• Home design: Single-family house; Two levels; Residential zoning; Recreational current use
• Construction: Frame construction; Block foundation; Built with shingle roof
• Exterior features: Private yard; Deck; Front porch; Shingle roof; Has view; Close to clubhouse; Access to community lake

Interior

• Kitchen: Dishwasher; Gas range; Refrigerator
• Bedrooms: Total of 5 rooms (includes bedrooms and living spaces)
• Flooring: Carpet; Wood; Ceramic tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Baseboard heating; Propane and electric heating available; Fireplaces for supplemental heat; Ceiling fans; Wall/window cooling units
• Interior features: Insulated windows; Two fireplaces (family room and living room); Crawl space basement
• Laundry & utility: Washer and dryer; Laundry located in hall

What this means for you Summary

Snapshot

• This is a 2-bed/2.0-bath single-family listed at $349k.

Deal economics

• At list price, monthly cash flow is $731 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($4k rent vs $349k).
• Recommended offer: $344k (1.5% below list) — sets the bar for market timing.
• Cap rate 8.8% vs local median 7.1% in Hemlock Farms — meaningfully above typical; check what's discounted (condition, days-on-market, listing class) to confirm the premium yield is real.

Location & tenants

• Location reads 68/100 on livability (#884 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, housing A+, health & safety A+; Watch: schools C-, amenities F, commute F.
• Wallenpaupack Area SD (rural): math 39% / reading 59% proficiency, ranked #192 of 539 in PA (top 36%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 371 active listings in the ZIP; 2 comparable units currently listed for rent nearby; 213 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $37k of equity ($2k loan paydown + $35k appreciation (10.0% local appreciation)).
• Pike County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $98k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$60k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($344k) is reasonable based on typical stale-listing flexibility.
• 2 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 $110k; list at $349k implies a 217% gain — meaningful room to come down on a strong offer.

Recommended offer $343,765 (1.5% below list)

Questions for the listing agent

1. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 1.19% ✓
• Cap rate: 8.81%
• Cash-on-cash: 8.98%
• DSCR: 1.40
• GRM: 7.0

CMA / ARV

• ARV (on-the-fly): $396,792
• Comps found: 10

Show comp detail 10 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
111 Bluestone Dr	0.18mi	3/2.0 (+1)	2,016 (+1%)	9mo	$380,000	$188	78
219 Mountain View Dr	0.27mi	3/2.0 (+1)	2,012 (+0%)	6mo	$455,000	$226	77
107 Rimrock Ln	0.45mi	3/2.0 (+1)	2,000 (-0%)	5mo	$250,000	$125	69
112 Boulder Dr	0.40mi	3/2.0 (+1)	2,070 (+3%)	19mo	$385,000	$186	55
140 Long Ridge Dr	0.47mi	3/2.0 (+1)	2,153 (+7%)	11mo	$405,000	$188	52
137 Lookout Dr	0.48mi	3/2.0 (+1)	1,896 (-5%)	16mo	$315,000	$166	50
118 Ridgeway Dr	0.51mi	3/2.5 (+1)	1,950 (-3%)	21mo	$495,000	$254	47
131 Highland Dr	0.60mi	3/2.0 (+1)	1,907 (-5%)	21mo	$390,000	$205	42
126 Granite Dr	0.49mi	3/2.5 (+1)	1,820 (-9%)	18mo	$360,000	$198	40
115 Cliff Dr	0.63mi	2/2.0	1,728 (-14%)	15mo	$475,000	$275	35

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 30.8%
• Equity multiple: 3.42×
• Total profit: $236,802
• Equity at exit: $314,407

10-year hold

• IRR: 26.7%
• Equity multiple: 7.76×
• Total profit: $661,014
• Equity at exit: $678,030

Cash invested: $97,720 (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 18428

• Home prices YoY: 9.2%
• Active inventory: 371
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $4,159 medium
• Mortgage (P&I): −$1,830
• Tax from tax record: −$329 /mo · $3,947/yr
• Insurance: −$145
• HOA: −$250
• Vacancy / Maint / Mgmt: −$873
• Net cashflow: $731

Break-even live

Break-even rent $3,234

Max offer price $349,000

Occupancy floor 77%

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: $87,250
• Closing costs: $10,470
• Reserves months: —
• Total cash needed: —

Rent comps 2 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
106 Corral Ln Hawley, PA	3.0	2.0	2150	$4,000	$1.86	4d	1	0.96mi
101 Pommel Dr Hawley, PA	3.0	2.0	1691	$4,400	$2.60	1d	1	1.32mi

HOA detail

• Monthly dues: $250 · $3,000/yr

Listing history 20 events

1. 2026-06-18
   price $349,000 Active 26 DOM
2. 2026-06-18
   days on market $359,000 Active 26 DOM
3. 2026-06-17
   days on market $359,000 Active 25 DOM
4. 2026-06-16
   days on market $359,000 Active 24 DOM
5. 2026-06-15
   days on market $359,000 Active 23 DOM
6. 2026-06-13
   days on market $359,000 Active 21 DOM
7. 2026-06-13
   days on market $359,000 Active 20 DOM
8. 2026-06-09
   days on market $359,000 Active 17 DOM
9. 2026-06-08
   days on market $359,000 Active 16 DOM
10. 2026-06-07
    days on market $359,000 Active 15 DOM
11. 2026-06-04
    days on market $359,000 Active 12 DOM
12. 2026-06-03
    days on market $359,000 Active 11 DOM
13. 2026-06-02
    days on market $359,000 Active 10 DOM
14. 2026-06-01
    days on market $359,000 Active 9 DOM
15. 2026-05-31
    days on market $359,000 Active 8 DOM
16. 2026-05-22
    listed $359,000 Active
17. 2015-12-28
    soldstatus $110,000
18. 2015-12-18
    soldstatus $110,000 594-char remark

    Show marketing remark (594 chars)

    BUYER'S, BUYER'S, BUYER'S! Seller Agrees to Pay Capital Improvement Fund at Closing on this Gorgeous One Owner 2-Story Custom Built Saltbox Home with 2 Fireplaces, Open Floor Plan, Modern Granite Kitchen, Pergo Flooring, Anderson Windows, Heated Sunroom, Possible 2 Master Suites & a Large Loft Area that can be 3rd Bedroom. Gallium Beams throughout. Beautiful Level Landscaped Lot with Circular Driveway. , Beds Description: 1 BED 2nd, Beds Description: 1Bed1st, Beds Description: 1 BED 2nd, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2, Eating Area: Dining Area, Eating Area: Modern KT

19. 2014-05-12
    listed $119,000 594-char remark

    Show marketing remark (594 chars)

    BUYER'S, BUYER'S, BUYER'S! Seller Agrees to Pay Capital Improvement Fund at Closing on this Gorgeous One Owner 2-Story Custom Built Saltbox Home with 2 Fireplaces, Open Floor Plan, Modern Granite Kitchen, Pergo Flooring, Anderson Windows, Heated Sunroom, Possible 2 Master Suites & a Large Loft Area that can be 3rd Bedroom. Gallium Beams throughout. Beautiful Level Landscaped Lot with Circular Driveway. , Beds Description: 1 BED 2nd, Beds Description: 1Bed1st, Beds Description: 1 BED 2nd, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2, Eating Area: Dining Area, Eating Area: Modern KT

20. 1989-07-10
    soldstatus $13,900

ⓘ 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: $3,947 · $329/mo
• Projected year-2 tax: $4,731 · $394/mo
• Expected delta: +$784/yr (+$65/mo · 19.9%)

ⓘ 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 4/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥91°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% 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: $49,911
• − Mortgage interest: −$19,549
• − Property taxes: −$3,947
• − Insurance: −$1,745
• − Repairs & maintenance: −$3,993
• − Management: −$3,993
• − HOA: −$3,000
• − Depreciation: −$10,153
• Taxable income: $3,531
• Est. tax owed @ 24.0%: −$848
• After-tax cash flow: $7,928/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: Wallenpaupack Area SD
• NCES district ID: 4224750
• Math proficiency: 39% ▼ -10.00%
• Reading proficiency: 59% ▼ -5.00%
• Median HH income: $51,027
• Composite: 41.97/100
• National rank: #3345
• State rank: #192 of 539 in PA

Livability — Hemlock Farms

• Score: 68/100
• State rank: #884
• US rank: #9421

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Hemlock Farms, PA
• Population (ZIP): 12,446

Population outlook (Pike County) Hauer SSP2

• Today (2025): 53,548 people
• By 2030: 51,622 · -3.6%
• By 2040: 46,490 · -13.2%
• By 2050: 40,372 · -24.6%
• By 2075: 31,951 · -40.3%
• By 2100: 26,821 · -49.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 8% Two or more races 6% Black 1% Asian 1%
• Hispanic origin (detail): Puerto Rican 5%
• Common ancestry: Romanian 5% Portuguese 3% Italian 2%
• Foreign-born: 5% · Canada
• Languages at home: 91% English-only · Spanish 5% Russian/Polish/Slavic 1% Other Asian/Pacific 1%

Political lean MEDSL · Pike

• 2024 margin: Strong R (+24.1) · D 37.6% · R 61.6%
• 2008→2024 swing: -19.8pp toward R · 2008: -4.2pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+19.0 2016: R+26.0 2012: R+11.0 2008: R+4.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 28.60%
• Current HPI: 340.8254
• 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

+2482.7% since first listed

5 events — show timeline

• 2026-05-22 Listed $359,000 PWMLS
• 2015-12-28 Sold (Public Records) $110,000 Public Records
• 2015-12-18 Sold (MLS) $110,000 PWMLS
• 2014-05-12 Listed $119,000 PWMLS
• 1989-07-10 Sold (Public Records) $13,900 Public Records

Property tax history

+3.0%/yr

Latest (2026): $3,947 · +3.0% YoY. Source: county tax records.