144 Cedar Dr · Quakertown, PA 18951

$75,000

2 bd · 1.0 ba · 980 sqft · SingleFamily · 133 Days on market

Built 2005 $77/sqft · 51% below area

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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 +30.0/30.0
• 1% rule +10.0/10.0
• DSCR +10.0/10.0
• ARV discount +7.5/15.0
• Schools +4.4/10.0
• Livability +4.0/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Welcome home to 144 Cedar Drive in Quakertown a cozy home offering comfortable living in a convenient location. This well-situated residence provides a practical layout that makes everyday living easy and welcoming, whether you’re relaxing at home or entertaining a few guests. Nestled within an established community, the home offers the ease of single-level living and the peace of mind that comes with a permanently set structure. While the setting is simple and low-key, it’s ideal for those who value affordability, functionality, and proximity to shopping, dining, and major routes throughout Bucks County. Whether you’re looking for an accessible primary residence or a manageable space to make your own, this home presents a wonderful opportunity to enjoy comfortable living in Quakertown at an attainable price point. The homeowner had a brand new wooden staircase built leading to the kitchen door on the left side of the house.

Key facts

• Proximity to dining
• Major routes
• Single-level living

Tags

• SINGLE-LEVEL LIVING
• ESTABLISHED COMMUNITY
• CONVENIENT LOCATION
• PROXIMITY TO SHOPPING
• PROXIMITY TO DINING
• MAJOR ROUTES

What this means for you Summary

Snapshot

• This is a 2-bed/1.0-bath single-family listed at $75k.

Deal economics

• At list price, monthly cash flow is $756 ($9k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $75k).
• Recommended offer: $66k (12.0% below list) — sets the bar for market timing.
• Cap rate 18.4% vs local median 4.2% in Quakertown — 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 80/100 on livability (#222 in PA, #1,945 nationally) — a professional / high-income tenant draw. Strengths: housing A+, health & safety A+, cost of living A; Watch: commute F.
• Quakertown Community SD (suburban): math 45% / reading 55% proficiency, ranked #154 of 539 in PA (top 29%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 144 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 44d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; solid renter incomes; 663 units permitted in Bucks County in 2024 (106 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $519 of loan paydown is wiped out by about $2k of value loss. Plan a longer hold.
• Bucks County population projected to shrink 7% by 2050 — rents likely to lag national; underwrite the cash flow, not the appreciation.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $21k cash investment doubles in ~3 years — after that, you're playing with house money.

Negotiation context

• It's been on market 133 days — a 12% lower offer ($66k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 16y ago; this cycle's ask has dropped $15k (17%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Recommended offer $66,000 (12.0% below list)

Questions for the listing agent

1. It's been on market 133 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are A-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. 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.
6. 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.
7. 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: 2.15% ✓
• Cap rate: 18.39%
• Cash-on-cash: 43.19%
• DSCR: 2.92
• GRM: 3.9

CMA / ARV

• ARV (median comp): $151,940
• List price: $75,000
• Delta: -50.64%
• Verdict: UNDERPRICED
• Comps: 9 within 1.0 mi

Projected returns pro-forma

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

5-year hold

• IRR: 40.0%
• Equity multiple: 2.71×
• Total profit: $36,011
• Equity at exit: $11,183

10-year hold

• IRR: 46.4%
• Equity multiple: 5.45×
• Total profit: $93,445
• Equity at exit: $6,485

Cash invested: $21,000 (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 18951

• Active inventory: 144
• Price-to-rent: 3.9×

Monthly cashflow live

• Estimated rent: $1,613 medium
• Mortgage (P&I): −$393
• Tax est. 1.5%: −$94 /mo · $1,125/yr
• Insurance: −$31
• HOA: −$0
• Vacancy / Maint / Mgmt: −$339
• Net cashflow: $756

Break-even live

Break-even rent $656

Max offer price $75,000

Occupancy floor 48%

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: $18,750
• Closing costs: $2,250
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
155 Redwood Dr Quakertown, PA	1.0	1.5	1080	$1,100	$1.02	44d	1	0.16mi
340 W Broad St #1 Quakertown, PA	1.0	1.0	575	$1,345	$2.34	44d	1	1.34mi
405 Juniper St Unit 1st Fl Quakertown, PA	1.0	1.0	740	$1,475	$1.99	44d	1	1.39mi
49 Belmont Ave Unit 105 Quakertown, PA	2.0	1.0	550	$1,750	$3.18	44d	1	1.45mi

Listing history 8 events

1. 2026-06-02
   statusdays on market $75,000 Pending 133 DOM
2. 2026-06-01
   days on market $75,000 Active 132 DOM
3. 2026-05-31
   days on market $75,000 Active 131 DOM
4. 2026-03-19
   price $75,000 956-char remark

   Show marketing remark (956 chars)

   Welcome home to 144 Cedar Drive in Quakertown a cozy home offering comfortable living in a convenient location. This well-situated residence provides a practical layout that makes everyday living easy and welcoming, whether you’re relaxing at home or entertaining a few guests. Nestled within an established community, the home offers the ease of single-level living and the peace of mind that comes with a permanently set structure. While the setting is simple and low-key, it’s ideal for those who value affordability, functionality, and proximity to shopping, dining, and major routes throughout Bucks County. Whether you’re looking for an accessible primary residence or a manageable space to make your own, this home presents a wonderful opportunity to enjoy comfortable living in Quakertown at an attainable price point. The homeowner had a brand new wooden staircase built leading to the kitchen door on the left side of the house.

5. 2026-03-07
   price $85,000 956-char remark

   Show marketing remark (956 chars)

   Welcome home to 144 Cedar Drive in Quakertown a cozy home offering comfortable living in a convenient location. This well-situated residence provides a practical layout that makes everyday living easy and welcoming, whether you’re relaxing at home or entertaining a few guests. Nestled within an established community, the home offers the ease of single-level living and the peace of mind that comes with a permanently set structure. While the setting is simple and low-key, it’s ideal for those who value affordability, functionality, and proximity to shopping, dining, and major routes throughout Bucks County. Whether you’re looking for an accessible primary residence or a manageable space to make your own, this home presents a wonderful opportunity to enjoy comfortable living in Quakertown at an attainable price point. The homeowner had a brand new wooden staircase built leading to the kitchen door on the left side of the house.

6. 2026-01-20
   listed $90,000 Active 956-char remark

   Show marketing remark (956 chars)

   Welcome home to 144 Cedar Drive in Quakertown a cozy home offering comfortable living in a convenient location. This well-situated residence provides a practical layout that makes everyday living easy and welcoming, whether you’re relaxing at home or entertaining a few guests. Nestled within an established community, the home offers the ease of single-level living and the peace of mind that comes with a permanently set structure. While the setting is simple and low-key, it’s ideal for those who value affordability, functionality, and proximity to shopping, dining, and major routes throughout Bucks County. Whether you’re looking for an accessible primary residence or a manageable space to make your own, this home presents a wonderful opportunity to enjoy comfortable living in Quakertown at an attainable price point. The homeowner had a brand new wooden staircase built leading to the kitchen door on the left side of the house.

7. 2010-12-21
   historical
8. 2010-10-15
   listed $42,900

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Taxation est. · year 1

• Rental income: $19,354
• − Mortgage interest: −$4,201
• − Property taxes: −$1,125
• − Insurance: −$375
• − Repairs & maintenance: −$1,548
• − Management: −$1,548
• − Depreciation: −$2,182
• Taxable income: $8,375
• Est. tax owed @ 24.0%: −$2,010
• After-tax cash flow: $7,060/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: Quakertown Community SD
• NCES district ID: 4219890
• Math proficiency: 45% ▼ -11.00%
• Reading proficiency: 55% ▼ -15.00%
• Median HH income: $66,186
• Composite: 44.3/100
• National rank: #2833
• State rank: #154 of 539 in PA

Livability — Quakertown

• Score: 80/100
• State rank: #222
• US rank: #1945

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Bucks County · 506,477 people
• City population: 36,568
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 36,568
• Household income: $98,268
• Rent vs Own: 18.0% rent · 82.0% own
• Severe rent burden: 488.0

Population outlook (Bucks County) Hauer SSP2

• Today (2025): 630,973 people
• By 2030: 627,093 · -0.6%
• By 2040: 609,680 · -3.4%
• By 2050: 584,225 · -7.4%
• By 2075: 539,840 · -14.4%
• By 2100: 483,970 · -23.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (85%)
• Race & ethnicity: White 85% Two or more races 7% Hispanic / Latino 6% Asian 3% Black 2%
• Hispanic origin (detail): Mexican 4% Puerto Rican 1%
• Common ancestry: Romanian 5% Polish 3% Slovak 2%
• Foreign-born: 7% · Canada, China, Jamaica
• Languages at home: 90% English-only · Spanish 5% Other Indo-European 1% German/W. Germanic 1%

Political lean MEDSL · Bucks

• 2024 margin: Toss-up / Even · D 49.5% · R 49.5%
• 2008→2024 swing: -8.7pp toward R · 2008: 8.7pp · 2024: -0.1pp
• All cycles: 2024: R+0.1 2020: D+4.4 2016: D+0.6 2012: D+1.2 2008: D+8.7

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -247.25%
• Current HPI: 283.2262
• Rent YoY: —
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• 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

+74.8% since first listed

5 events — show timeline

• 2026-03-19 Price Changed $75,000 BRIGHT MLS
• 2026-03-07 Price Changed $85,000 BRIGHT MLS
• 2026-01-20 Listed $90,000 BRIGHT MLS
• 2010-12-21 Listing Removed — GLVRMLS
• 2010-10-15 Listed $42,900 GLVRMLS