300 Chesapeake Est · Weigelstown, PA 17364

$75,900

3 bd · 2.0 ba · 1,152 sqft · Manufactured public records · 41 Days on market

Built 1984 $66/sqft · 60% above area

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Why this score? — see what drove the A- 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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• Appreciation +9.7/10.0
• ARV discount +7.5/15.0
• Schools +4.8/10.0
• Livability +3.7/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome home!! Check out this charming corner cutie in Thomasville Estates that offers an abundance of space & a large yard! Built in 1984 this home features 3 bedrooms, 2 bathrooms, laundry room, living room, kitchen with island & a dining area. LVP flooring adds easy maintenance. Close to Rt 30, shopping & country living! Lot rent is currently $764.46 and includes water & sewer. There is a basketball court, playground, soccer field & a pet park! Call me today to schedule a tour, this home wont last long.

Key facts

• Built 1984
• Listed 41 days

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath manufactured listed at $76k.

Deal economics

• At list price, monthly cash flow is $822 ($10k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $76k).
• Recommended offer: $74k (3.0% below list) — sets the bar for market timing.
• Cap rate 19.3% vs local median 3.4% in Weigelstown — 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 (#527 in PA, #4,886 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, health & safety A+; Watch: amenities F, commute F.
• Spring Grove Area SD (suburban): math 45% / reading 65% proficiency, ranked #98 of 539 in PA (top 18%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Paradise El Sch (math 42% / reading 67%, grade C, #504 of 1,518 statewide, top 37%, 342 students, 46% FRL); Spring Grove Area Intrmd Sch (math 44% / reading 65%, grade B-, #76 of 512 statewide, top 16%, 651 students, 38% FRL); Spring Grove Area Hs (math 71%, 1,166 students, 32% FRL).
• Market conditions: 14 active listings in the ZIP; 1,328 units permitted in York County in 2024 (338 in 5+ unit buildings).

Forward outlook

• In year one you build about $8k of equity ($525 loan paydown + $7k appreciation (9.3% local appreciation)).
• At projected returns (9.3% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 5, paydown + projected appreciation supports a ~$35k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 41 days — a 3% lower offer ($74k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts; this cycle's ask has dropped $9k (11%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• 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 $73,623 (3.0% below list)

Questions for the listing agent

1. It's been on market 41 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 2.18% ✓
• Cap rate: 19.29%
• Cash-on-cash: 46.44%
• DSCR: 3.07
• GRM: 3.8

CMA / ARV

• ARV (median comp): $47,456
• List price: $75,900
• Delta: 59.94%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

9.34% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 59.8%
• Equity multiple: 5.25×
• Total profit: $90,315
• Equity at exit: $64,761

10-year hold

• IRR: 53.8%
• Equity multiple: 11.54×
• Total profit: $223,995
• Equity at exit: $135,984

Cash invested: $21,252 (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 17364

• Home prices YoY: 3.9%
• Active inventory: 14
• Price-to-rent: 3.8×

Monthly cashflow live

• Estimated rent: $1,651 medium
• Mortgage (P&I): −$398
• Tax from tax record: −$52 /mo · $628/yr
• Insurance: −$32
• HOA: −$0
• Vacancy / Maint / Mgmt: −$347
• Net cashflow: $822

Break-even live

Break-even rent $610

Max offer price $75,900

Occupancy floor 45%

Sensitivity live

Price	-10% $865	-5% $844	+0% $822	+5% $801	+10% $779
Rent	-10% $692	-5% $757	+0% $822	+5% $888	+10% $953
Rate	-1.0pp $861	-0.5pp $842	base $822	+0.5pp $803	+1.0pp $783

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: $18,975
• Closing costs: $2,277
• Reserves months: —
• Total cash needed: —

Listing history 18 events

1. 2026-06-10
   status $75,900 Pending 41 DOM
2. 2026-06-09
   days on market $75,900 Active 41 DOM
3. 2026-06-08
   days on market $75,900 Active 40 DOM
4. 2026-06-07
   days on market $75,900 Active 39 DOM
5. 2026-06-05
   pricedays on market $75,900 Active 36 DOM
6. 2026-06-03
   days on market $79,900 Active 35 DOM
7. 2026-06-02
   days on market $79,900 Active 34 DOM
8. 2026-06-01
   days on market $79,900 Active 33 DOM
9. 2026-05-31
   days on market $79,900 Active 32 DOM
10. 2026-05-30
    remarks 550-char remark
11. 2026-05-30
    status $79,900 Active 31 DOM
12. 2026-05-18
    historical Active Under Contract 543-char remark

    Show marketing remark (543 chars)

    Welcome home!! Check out this charming corner cutie in Thomasville Estates that offers an abundance of space & a large yard! Built in 1984 this home features 3 bedrooms, 2 bathrooms, laundry room, living room, kitchen with island & a dining area. LVP flooring adds easy maintenance. Close to Rt 30, shopping & country living! Lot rent is currently $764.46 and includes water & sewer. There is a basketball court, playground, soccer field & a pet park! Call me today to schedule a tour, this home wont last long.

13. 2026-05-01
    price $79,900 543-char remark

    Show marketing remark (543 chars)

    Welcome home!! Check out this charming corner cutie in Thomasville Estates that offers an abundance of space & a large yard! Built in 1984 this home features 3 bedrooms, 2 bathrooms, laundry room, living room, kitchen with island & a dining area. LVP flooring adds easy maintenance. Close to Rt 30, shopping & country living! Lot rent is currently $764.46 and includes water & sewer. There is a basketball court, playground, soccer field & a pet park! Call me today to schedule a tour, this home wont last long.

14. 2026-04-17
    listed $84,900 Active 543-char remark

    Show marketing remark (543 chars)

    Welcome home!! Check out this charming corner cutie in Thomasville Estates that offers an abundance of space & a large yard! Built in 1984 this home features 3 bedrooms, 2 bathrooms, laundry room, living room, kitchen with island & a dining area. LVP flooring adds easy maintenance. Close to Rt 30, shopping & country living! Lot rent is currently $764.46 and includes water & sewer. There is a basketball court, playground, soccer field & a pet park! Call me today to schedule a tour, this home wont last long.

15. 2026-04-16
    historical $84,900 543-char remark

    Show marketing remark (543 chars)

    Welcome home!! Check out this charming corner cutie in Thomasville Estates that offers an abundance of space & a large yard! Built in 1984 this home features 3 bedrooms, 2 bathrooms, laundry room, living room, kitchen with island & a dining area. LVP flooring adds easy maintenance. Close to Rt 30, shopping & country living! Lot rent is currently $764.46 and includes water & sewer. There is a basketball court, playground, soccer field & a pet park! Call me today to schedule a tour, this home wont last long.

16. 2025-07-03
    soldstatus $70,000 Closed 783-char remark

    Show marketing remark (783 chars)

    Looking for a low-maintenance lifestyle and the comfort of single-level living? Your search ends here! This move-in ready home features a bright, open-concept design. Step inside to discover a spacious living area that seamlessly flows into the kitchen and dining room—perfect for everyday living and effortless entertaining. Directly off of the living room is a primary suite separate from the other bedrooms. Two additional bedrooms, a guest bath, and a laundry room complete the interior layout. Situated on a desirable corner lot, this home offers extra outdoor space, a generous deck, and an oversized parking pad. Community amenities include a dog park and playground! Great location - close to restaurants, shopping, and local amenities. Easy commute to Rt. 30 and I-83.

17. 2025-05-29
    status Pending 783-char remark

    Show marketing remark (783 chars)

    Looking for a low-maintenance lifestyle and the comfort of single-level living? Your search ends here! This move-in ready home features a bright, open-concept design. Step inside to discover a spacious living area that seamlessly flows into the kitchen and dining room—perfect for everyday living and effortless entertaining. Directly off of the living room is a primary suite separate from the other bedrooms. Two additional bedrooms, a guest bath, and a laundry room complete the interior layout. Situated on a desirable corner lot, this home offers extra outdoor space, a generous deck, and an oversized parking pad. Community amenities include a dog park and playground! Great location - close to restaurants, shopping, and local amenities. Easy commute to Rt. 30 and I-83.

18. 2025-05-27
    listed $79,900 Active 783-char remark

    Show marketing remark (783 chars)

    Looking for a low-maintenance lifestyle and the comfort of single-level living? Your search ends here! This move-in ready home features a bright, open-concept design. Step inside to discover a spacious living area that seamlessly flows into the kitchen and dining room—perfect for everyday living and effortless entertaining. Directly off of the living room is a primary suite separate from the other bedrooms. Two additional bedrooms, a guest bath, and a laundry room complete the interior layout. Situated on a desirable corner lot, this home offers extra outdoor space, a generous deck, and an oversized parking pad. Community amenities include a dog park and playground! Great location - close to restaurants, shopping, and local amenities. Easy commute to Rt. 30 and I-83.

ⓘ 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: $628 · $52/mo
• Projected year-2 tax: $914 · $76/mo
• Expected delta: +$286/yr (+$24/mo · 45.5%)

ⓘ 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 2/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥104°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 10% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,813
• − Mortgage interest: −$4,252
• − Property taxes: −$628
• − Insurance: −$380
• − Repairs & maintenance: −$1,585
• − Management: −$1,585
• − Depreciation: −$2,208
• Taxable income: $9,176
• Est. tax owed @ 24.0%: −$2,202
• After-tax cash flow: $7,666/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: Spring Grove Area SD
• NCES district ID: 4222590
• Math proficiency: 45% ▼ -14.00%
• Reading proficiency: 65% ▼ -9.00%
• Median HH income: $64,950
• Composite: 48.28/100
• National rank: #2155
• State rank: #98 of 539 in PA

Livability — Weigelstown

• Score: 74/100
• State rank: #527
• US rank: #4886

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 3,963

Population outlook (York County) Hauer SSP2

• Today (2025): 454,205 people
• By 2030: 457,407 · +0.7%
• By 2040: 457,529 · +0.7%
• By 2050: 448,261 · -1.3%
• By 2075: 427,388 · -5.9%
• By 2100: 384,218 · -15.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Two or more races 5% Hispanic / Latino 3% Black 1%
• Common ancestry: Polish 3% Slovak 2% Lithuanian 2%
• Languages at home: 98% English-only · Other Asian/Pacific 1% Spanish 1%

Political lean MEDSL · York

• 2024 margin: Strong R (+25.3) · D 36.9% · R 62.1%
• 2008→2024 swing: -11.7pp toward R · 2008: -13.6pp · 2024: -25.3pp
• All cycles: 2024: R+25.3 2020: R+24.6 2016: R+29.3 2012: R+21.2 2008: R+13.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 9.34%
• Current HPI: 249.3969
• 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

+0.0% since first listed

7 events — show timeline

• 2026-05-18 Contingent — BRIGHT MLS
• 2026-05-01 Price Changed $79,900 BRIGHT MLS
• 2026-04-17 Listed $84,900 BRIGHT MLS
• 2026-04-16 Coming Soon $84,900 BRIGHT MLS
• 2025-07-03 Sold (MLS) $70,000 BRIGHT MLS
• 2025-05-29 Pending — BRIGHT MLS
• 2025-05-27 Listed $79,900 BRIGHT MLS

Property tax history

+2.2%/yr

Latest (2025): $628 · +1.1% YoY. Source: county tax records.