3050 Carpenters Park Rd · Conemaugh, PA 15928

$135,000

3 bd · 0.5 ba · 1,371 sqft · SingleFamily public records · 54 Days on market

Built 1958 0.43 ac lot $98/sqft · 22% below area Est $172k · 22% 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 +17.6/30.0
• ARV discount +15.0/15.0
• Appreciation +6.7/10.0
• Schools +5.7/10.0
• DSCR +5.5/10.0
• 1% rule +4.3/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Welcome to this charming slab on grade ranch home with attached single car garage on almost a half acre lot perfectly situated in a peaceful, established neighborhood. This residence boasts three comfortable bedrooms with one full and one 3/4 bathroom offering a thoughtful floor plan that maximizes every square foot. You'll love the classic architectural details and the warm, inviting atmosphere that only a traditional ranch can provide. When the cold weather returns, cozy up to the wood burning fireplace and enjoy the ambience. With a slab on grade home, the absence of moisture, mold, or radon issues often associated with subterranean spaces are eliminated and are incredibly durable and less prone to the "creaking" found in homes with crawlspaces or joist-supported floors. Located far from the hustle and bustle, yet minutes from local amenities, it's a quiet sanctuary for those seeking a slower pace of life.

Key facts

• Slab on grade
• 0.43 acre lot
• Garage

Tags

• SLAB ON GRADE
• WOOD BURNING FIREPLACE
• ATTACHED SINGLE CAR GARAGE
• ALMOST A HALF ACRE LOT
• ABSENCE OF MOISTURE ISSUES

What this means for you Summary

Snapshot

• This is a 3-bed/0.5-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $106 ($1k/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 $126k (6.6% below list).
• Recommended offer: $126k (6.6% 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.
• Conemaugh Township Area SD (rural): math 59% / reading 75% proficiency, ranked #45 of 539 in PA (top 8%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 6 active listings in the ZIP; 78 units permitted in Somerset County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $5k of equity ($933 loan paydown + $5k appreciation (3.4% local appreciation)).
• Somerset County population projected at -21% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (3.4% appreciation + 3.0% rent growth), your $38k cash investment doubles in ~5 years — after that, you're playing with house money.
• By year 7, 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 54 days — a 3% lower offer ($131k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 19y ago; this cycle's ask has dropped $22k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

• Watch-outs: built in 1958 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $126,108 (6.6% below list)

Questions for the listing agent

1. It's been on market 54 days. Have you received any prior offers? Is the seller open to a 7% concession, seller financing, or rate buy-down credit?
2. Built in 1958 — 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: 0.93% ✗
• Cap rate: 7.24%
• Cash-on-cash: 3.37%
• DSCR: 1.15
• GRM: 8.9

CMA / ARV

• ARV (median comp): $172,171
• List price: $135,000
• Delta: -21.59%
• Verdict: UNDERPRICED
• Comps: 8 within 1.0 mi

Projected returns pro-forma

3.35% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 11.6%
• Equity multiple: 1.68×
• Total profit: $25,566
• Equity at exit: $63,407

10-year hold

• IRR: 13.5%
• Equity multiple: 3.07×
• Total profit: $78,432
• Equity at exit: $99,874

Cash invested: $37,800 (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 15928

• Home prices YoY: 2.1%
• Active inventory: 6
• Price-to-rent: 8.9×

Monthly cashflow live

• Estimated rent: $1,261 medium
• Mortgage (P&I): −$708
• Tax from tax record: −$126 /mo · $1,509/yr
• Insurance: −$56
• HOA: −$0
• Vacancy / Maint / Mgmt: −$265
• Net cashflow: $106

Break-even live

Break-even rent $1,127

Max offer price $135,000

Occupancy floor 87%

Sensitivity live

Price	-10% $183	-5% $144	+0% $106	+5% $68	+10% $30
Rent	-10% $7	-5% $56	+0% $106	+5% $156	+10% $206
Rate	-1.0pp $174	-0.5pp $141	base $106	+0.5pp $71	+1.0pp $36

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: $33,750
• Closing costs: $4,050
• Reserves months: —
• Total cash needed: —

Listing history 22 events

1. 2026-06-09
   days on market $135,000 Active 54 DOM
2. 2026-06-08
   pricedays on market $135,000 Active 53 DOM
3. 2026-06-07
   days on market $139,000 Active 52 DOM
4. 2026-06-05
   days on market $139,000 Active 49 DOM
5. 2026-06-03
   days on market $139,000 Active 48 DOM
6. 2026-06-02
   days on market $139,000 Active 47 DOM
7. 2026-06-01
   days on market $139,000 Active 46 DOM
8. 2026-05-31
   days on market $139,000 Active 45 DOM
9. 2026-05-30
   days on market $139,000 Active 44 DOM
10. 2026-05-14
    price $139,000 932-char remark

    Show marketing remark (932 chars)

    Welcome to this charming slab on grade ranch home with attached single car garage on almost a half acre lot perfectly situated in a peaceful, established neighborhood. This residence boasts three comfortable bedrooms with one full and one 3/4 bathroom offering a thoughtful floor plan that maximizes every square foot. You'll love the classic architectural details and the warm, inviting atmosphere that only a traditional ranch can provide. When the cold weather returns, cozy up to the wood burning fireplace and enjoy the ambience. With a slab on grade home, the absence of moisture, mold, or radon issues often associated with subterranean spaces are eliminated and are incredibly durable and less prone to the "creaking" found in homes with crawlspaces or joist-supported floors. Located far from the hustle and bustle, yet minutes from local amenities, it's a quiet sanctuary for those seeking a slower pace of life.

11. 2026-04-27
    price $149,000 932-char remark

    Show marketing remark (932 chars)

    Welcome to this charming slab on grade ranch home with attached single car garage on almost a half acre lot perfectly situated in a peaceful, established neighborhood. This residence boasts three comfortable bedrooms with one full and one 3/4 bathroom offering a thoughtful floor plan that maximizes every square foot. You'll love the classic architectural details and the warm, inviting atmosphere that only a traditional ranch can provide. When the cold weather returns, cozy up to the wood burning fireplace and enjoy the ambience. With a slab on grade home, the absence of moisture, mold, or radon issues often associated with subterranean spaces are eliminated and are incredibly durable and less prone to the "creaking" found in homes with crawlspaces or joist-supported floors. Located far from the hustle and bustle, yet minutes from local amenities, it's a quiet sanctuary for those seeking a slower pace of life.

12. 2026-04-16
    listed $157,000 Active 932-char remark

    Show marketing remark (932 chars)

    Welcome to this charming slab on grade ranch home with attached single car garage on almost a half acre lot perfectly situated in a peaceful, established neighborhood. This residence boasts three comfortable bedrooms with one full and one 3/4 bathroom offering a thoughtful floor plan that maximizes every square foot. You'll love the classic architectural details and the warm, inviting atmosphere that only a traditional ranch can provide. When the cold weather returns, cozy up to the wood burning fireplace and enjoy the ambience. With a slab on grade home, the absence of moisture, mold, or radon issues often associated with subterranean spaces are eliminated and are incredibly durable and less prone to the "creaking" found in homes with crawlspaces or joist-supported floors. Located far from the hustle and bustle, yet minutes from local amenities, it's a quiet sanctuary for those seeking a slower pace of life.

13. 2023-06-23
    soldstatus $135,000 Closed 704-char remark

    Show marketing remark (704 chars)

    ENJOY THE CONVENIENCE OF ONE FLOOR LIVING IN CONEMAUGH TOWNSHIP/SOMERSET CO. This nicely maintained brick and vinyl 2-3 bedroom ranch home offers large sunken living room has a beautiful cut stone fireplace, beamed ceiling, and carpet; separate dining room with built-ins, beamed ceiling, and carpet is perfect for entertaining; and eat-in kitchen offers ample wood cabinets, appliances, and laminate floor. Master bedroom with adjoining 3/4 bath plus 2 additional bedrooms and full bath. Large laundry room with storage, sunroom, and workshop. One-car garage, new windows thru out, large, flat yard, shed, lower taxes, and so much more. Call today for all the details and to schedule your personal tour!

14. 2023-05-04
    status Pending 704-char remark

    Show marketing remark (704 chars)

    ENJOY THE CONVENIENCE OF ONE FLOOR LIVING IN CONEMAUGH TOWNSHIP/SOMERSET CO. This nicely maintained brick and vinyl 2-3 bedroom ranch home offers large sunken living room has a beautiful cut stone fireplace, beamed ceiling, and carpet; separate dining room with built-ins, beamed ceiling, and carpet is perfect for entertaining; and eat-in kitchen offers ample wood cabinets, appliances, and laminate floor. Master bedroom with adjoining 3/4 bath plus 2 additional bedrooms and full bath. Large laundry room with storage, sunroom, and workshop. One-car garage, new windows thru out, large, flat yard, shed, lower taxes, and so much more. Call today for all the details and to schedule your personal tour!

15. 2023-04-17
    price $134,900 704-char remark

    Show marketing remark (704 chars)

    ENJOY THE CONVENIENCE OF ONE FLOOR LIVING IN CONEMAUGH TOWNSHIP/SOMERSET CO. This nicely maintained brick and vinyl 2-3 bedroom ranch home offers large sunken living room has a beautiful cut stone fireplace, beamed ceiling, and carpet; separate dining room with built-ins, beamed ceiling, and carpet is perfect for entertaining; and eat-in kitchen offers ample wood cabinets, appliances, and laminate floor. Master bedroom with adjoining 3/4 bath plus 2 additional bedrooms and full bath. Large laundry room with storage, sunroom, and workshop. One-car garage, new windows thru out, large, flat yard, shed, lower taxes, and so much more. Call today for all the details and to schedule your personal tour!

16. 2023-04-11
    price $149,900 704-char remark

    Show marketing remark (704 chars)

    ENJOY THE CONVENIENCE OF ONE FLOOR LIVING IN CONEMAUGH TOWNSHIP/SOMERSET CO. This nicely maintained brick and vinyl 2-3 bedroom ranch home offers large sunken living room has a beautiful cut stone fireplace, beamed ceiling, and carpet; separate dining room with built-ins, beamed ceiling, and carpet is perfect for entertaining; and eat-in kitchen offers ample wood cabinets, appliances, and laminate floor. Master bedroom with adjoining 3/4 bath plus 2 additional bedrooms and full bath. Large laundry room with storage, sunroom, and workshop. One-car garage, new windows thru out, large, flat yard, shed, lower taxes, and so much more. Call today for all the details and to schedule your personal tour!

17. 2023-04-06
    price $154,900 704-char remark

    Show marketing remark (704 chars)

    ENJOY THE CONVENIENCE OF ONE FLOOR LIVING IN CONEMAUGH TOWNSHIP/SOMERSET CO. This nicely maintained brick and vinyl 2-3 bedroom ranch home offers large sunken living room has a beautiful cut stone fireplace, beamed ceiling, and carpet; separate dining room with built-ins, beamed ceiling, and carpet is perfect for entertaining; and eat-in kitchen offers ample wood cabinets, appliances, and laminate floor. Master bedroom with adjoining 3/4 bath plus 2 additional bedrooms and full bath. Large laundry room with storage, sunroom, and workshop. One-car garage, new windows thru out, large, flat yard, shed, lower taxes, and so much more. Call today for all the details and to schedule your personal tour!

18. 2023-03-27
    price $159,900 704-char remark

    Show marketing remark (704 chars)

    ENJOY THE CONVENIENCE OF ONE FLOOR LIVING IN CONEMAUGH TOWNSHIP/SOMERSET CO. This nicely maintained brick and vinyl 2-3 bedroom ranch home offers large sunken living room has a beautiful cut stone fireplace, beamed ceiling, and carpet; separate dining room with built-ins, beamed ceiling, and carpet is perfect for entertaining; and eat-in kitchen offers ample wood cabinets, appliances, and laminate floor. Master bedroom with adjoining 3/4 bath plus 2 additional bedrooms and full bath. Large laundry room with storage, sunroom, and workshop. One-car garage, new windows thru out, large, flat yard, shed, lower taxes, and so much more. Call today for all the details and to schedule your personal tour!

19. 2023-03-08
    listed $169,900 Active 704-char remark

    Show marketing remark (704 chars)

    ENJOY THE CONVENIENCE OF ONE FLOOR LIVING IN CONEMAUGH TOWNSHIP/SOMERSET CO. This nicely maintained brick and vinyl 2-3 bedroom ranch home offers large sunken living room has a beautiful cut stone fireplace, beamed ceiling, and carpet; separate dining room with built-ins, beamed ceiling, and carpet is perfect for entertaining; and eat-in kitchen offers ample wood cabinets, appliances, and laminate floor. Master bedroom with adjoining 3/4 bath plus 2 additional bedrooms and full bath. Large laundry room with storage, sunroom, and workshop. One-car garage, new windows thru out, large, flat yard, shed, lower taxes, and so much more. Call today for all the details and to schedule your personal tour!

20. 2007-06-27
    soldstatus $83,000
21. 2007-06-22
    soldstatus $83,000
22. 2007-02-12
    listed $84,900

ⓘ 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: $1,509 · $126/mo
• Projected year-2 tax: $1,821 · $152/mo
• Expected delta: +$312/yr (+$26/mo · 20.7%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 3/10 Moderate 7 d/yr ≥92°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $15,133
• − Mortgage interest: −$7,562
• − Property taxes: −$1,509
• − Insurance: −$675
• − Repairs & maintenance: −$1,211
• − Management: −$1,211
• − Depreciation: −$3,927
• Taxable loss: −$962
• Est. tax savings @ 24.0%: +$231
• After-tax cash flow: $1,506/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: Conemaugh Township Area SD
• NCES district ID: 4206420
• Math proficiency: 59% ▼ -10.00%
• Reading proficiency: 75% ▼ -4.00%
• Median HH income: $47,140
• Composite: 56.55/100
• National rank: #1150
• State rank: #45 of 539 in PA

Livability — Conemaugh

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

Census & demographics

• Population (ZIP): 2,241

Population outlook (Somerset County) Hauer SSP2

• Today (2025): 71,318 people
• By 2030: 68,555 · -3.9%
• By 2040: 62,447 · -12.4%
• By 2050: 56,437 · -20.9%
• By 2075: 44,453 · -37.7%
• By 2100: 32,408 · -54.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (94%)
• Race & ethnicity: White 94% Two or more races 4% Hispanic / Latino 1%
• Common ancestry: Romanian 6% Portuguese 6% Serbian 3%
• Foreign-born: 1% · China
• Languages at home: 99% English-only · Chinese 1%

Political lean MEDSL · Somerset

• 2024 margin: Solid R (+57.2) · D 21.0% · R 78.3%
• 2008→2024 swing: -32.2pp toward R · 2008: -25.0pp · 2024: -57.2pp
• All cycles: 2024: R+57.2 2020: R+56.3 2016: R+55.9 2012: R+42.9 2008: R+25.0

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 3.35%
• Current HPI: 162.4325
• 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

+63.7% since first listed

13 events — show timeline

• 2026-05-14 Price Changed $139,000 CSMLS
• 2026-04-27 Price Changed $149,000 CSMLS
• 2026-04-16 Listed $157,000 CSMLS
• 2023-06-23 Sold (MLS) $135,000 CSMLS
• 2023-05-04 Pending — CSMLS
• 2023-04-17 Price Changed $134,900 CSMLS
• 2023-04-11 Price Changed $149,900 CSMLS
• 2023-04-06 Price Changed $154,900 CSMLS
• 2023-03-27 Price Changed $159,900 CSMLS
• 2023-03-08 Listed $169,900 CSMLS
• 2007-06-27 Sold (Public Records) $83,000 Public Records
• 2007-06-22 Sold (MLS) $83,000 CSMLS
• 2007-02-12 Listed $84,900 CSMLS

Property tax history

+1.0%/yr

Latest (2026): $1,509 · +3.2% YoY. Source: county tax records.