151 Park St · Bendersville, PA 17306

$169,900

3 bd · 2.0 ba · 1,632 sqft · Other public records · 35 Days on market

Built 1890 8,712 sqft lot $104/sqft · 33% below area Est $255k · 33% under

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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 +29.9/30.0
• ARV discount +15.0/15.0
• DSCR +10.0/10.0
• 1% rule +8.7/10.0
• Appreciation +5.0/10.0
• Schools +3.7/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

VERY CHARMING EARLY 20'S COLONIAL IN SMALL TOWN CLOSE TO GETTYSBURG AND CARLISLE. NEW ROOF 10/00. VERY LARGE BLOCK STORAGE SHED. LARGE PRIVATE DECK WITH BEAUTIFUL VIEW OF ROLLING HILLS OF ADAMS COUNTY. WRAP AROUND PORCH. WOOD FLOORS UNDER CARPET. DISHWASHER DOES NOT WORK. CISTERN IS CAPPED, BUT POSSIBLY USED FOR OUTSIDE WATERING. HOME WARRANTY. |

Key facts

• Woodstove
• Main-level laundry
• Detached shed

Tags

• WRAP-AROUND FRONT PORCH
• MAIN-LEVEL LAUNDRY
• UPPER-LEVEL EN-SUITE FULL BATH
• GENEROUS BACKYARD
• DETACHED SHED
• WOODSTOVE

Property features AI

Finance

• Other:
• Financial info: Fee simple ownership
• HOA & community:

Exterior

• Parking: Off-street parking
• Security:
• Utilities: Public water; Public sewer; Natural gas service
• Home design: Detached property; Year built is an estimate
• Construction: Vinyl siding exterior; Stone foundation; Dirt floor and poured concrete basement; Basement present
• Exterior features: Not in a federal flood zone; Shed on the property; Other structures both above grade and below grade

Interior

• Kitchen:
• Bedrooms: Three bedrooms on the first upper level
• Flooring:
• Bathrooms: Two full bathrooms total (one on the main level, one on the first upper level)
• Heating & cooling: Hot water heating; Natural gas heating and hot water
• Interior features: Assessor-provided living area; Finished above-grade living area
• Laundry & utility: Laundry located on the main floor

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $170k.

Deal economics

• At list price, monthly cash flow is $631 ($8k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $170k).
• Recommended offer: $165k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads 71/100 on livability (#687 in PA) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Upper Adams SD (rural): math 33% / reading 52% proficiency, ranked #298 of 539 in PA (top 55%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Biglerville El Sch (math 47% / reading 57%, grade C-, #586 of 1,518 statewide, top 42%, 435 students, 51% FRL); Upper Adams Ms (math 17% / reading 48%, grade F, #355 of 512 statewide, top 70%, 271 students, 48% FRL); Biglerville Hs (math 62% / reading 24%, grade F, #215 of 437 statewide, top 50%, 529 students, 39% FRL).
• Market conditions: 4 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 403 units permitted in Adams County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $1k of equity ($1k loan paydown + $-147 appreciation (-0.1% local appreciation)).
• Adams County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-0.1% appreciation + 3.0% rent growth), your $48k cash investment doubles in ~5 years — after that, you're playing with house money.

Negotiation context

• It's been on market 35 days — a 3% lower offer ($165k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 26y 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 $75k; list at $170k implies a 127% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1890 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $164,803 (3.0% below list)

Questions for the listing agent

1. It's been on market 35 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Built in 1890 — 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. 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?
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: 1.37% ✓
• Cap rate: 10.75%
• Cash-on-cash: 15.91%
• DSCR: 1.71
• GRM: 6.1

CMA / ARV

• ARV (median comp): $254,794
• List price: $169,900
• Delta: -33.32%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Projected returns pro-forma

-0.09% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 15.2%
• Equity multiple: 1.73×
• Total profit: $34,570
• Equity at exit: $48,601

10-year hold

• IRR: 19.9%
• Equity multiple: 3.18×
• Total profit: $103,570
• Equity at exit: $57,839

Cash invested: $47,572 (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 17306

• Home prices YoY: -0.0%
• Active inventory: 4
• Price-to-rent: 6.1×

Monthly cashflow live

• Estimated rent: $2,325 medium
• Mortgage (P&I): −$891
• Tax from tax record: −$244 /mo · $2,931/yr
• Insurance: −$71
• HOA: −$0
• Vacancy / Maint / Mgmt: −$488
• Net cashflow: $631

Break-even live

Break-even rent $1,527

Max offer price $169,900

Occupancy floor 68%

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: $42,475
• Closing costs: $5,097
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
27 E Imperial Dr Aspers, PA	4.0	2.5	2090	$2,325	$1.11	14d	1	0.44mi

Listing history 20 events

1. 2026-06-19
   days on market $169,900 Active 35 DOM
2. 2026-06-18
   days on market $169,900 Active 34 DOM
3. 2026-06-17
   days on market $169,900 Active 33 DOM
4. 2026-06-16
   days on market $169,900 Active 32 DOM
5. 2026-06-15
   days on market $169,900 Active 31 DOM
6. 2026-06-14
   days on market $169,900 Active 29 DOM
7. 2026-06-12
   days on market $169,900 Active 28 DOM
8. 2026-06-09
   days on market $169,900 Active 25 DOM
9. 2026-06-08
   days on market $169,900 Active 24 DOM
10. 2026-06-07
    pricedays on market $169,900 Active 23 DOM
11. 2026-06-03
    days on market $175,000 Active 19 DOM
12. 2026-06-02
    days on market $175,000 Active 18 DOM
13. 2026-06-01
    days on market $175,000 Active 17 DOM
14. 2026-05-31
    days on market $175,000 Active 16 DOM
15. 2026-05-30
    days on market $175,000 Active 15 DOM
16. 2026-05-15
    listed $175,000 Active 674-char remark
17. 2000-12-28
    soldstatus $75,000 348-char remark

    Show marketing remark (348 chars)

    VERY CHARMING EARLY 20'S COLONIAL IN SMALL TOWN CLOSE TO GETTYSBURG AND CARLISLE. NEW ROOF 10/00. VERY LARGE BLOCK STORAGE SHED. LARGE PRIVATE DECK WITH BEAUTIFUL VIEW OF ROLLING HILLS OF ADAMS COUNTY. WRAP AROUND PORCH. WOOD FLOORS UNDER CARPET. DISHWASHER DOES NOT WORK. CISTERN IS CAPPED, BUT POSSIBLY USED FOR OUTSIDE WATERING. HOME WARRANTY. |

18. 2000-11-20
    historical 348-char remark

    Show marketing remark (348 chars)

    VERY CHARMING EARLY 20'S COLONIAL IN SMALL TOWN CLOSE TO GETTYSBURG AND CARLISLE. NEW ROOF 10/00. VERY LARGE BLOCK STORAGE SHED. LARGE PRIVATE DECK WITH BEAUTIFUL VIEW OF ROLLING HILLS OF ADAMS COUNTY. WRAP AROUND PORCH. WOOD FLOORS UNDER CARPET. DISHWASHER DOES NOT WORK. CISTERN IS CAPPED, BUT POSSIBLY USED FOR OUTSIDE WATERING. HOME WARRANTY. |

19. 2000-10-04
    listed $79,500 348-char remark

    Show marketing remark (348 chars)

    VERY CHARMING EARLY 20'S COLONIAL IN SMALL TOWN CLOSE TO GETTYSBURG AND CARLISLE. NEW ROOF 10/00. VERY LARGE BLOCK STORAGE SHED. LARGE PRIVATE DECK WITH BEAUTIFUL VIEW OF ROLLING HILLS OF ADAMS COUNTY. WRAP AROUND PORCH. WOOD FLOORS UNDER CARPET. DISHWASHER DOES NOT WORK. CISTERN IS CAPPED, BUT POSSIBLY USED FOR OUTSIDE WATERING. HOME WARRANTY. |

20. 2000-02-28
    soldstatus $75,000

ⓘ 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: $2,931 · $244/mo
• Projected year-2 tax: $2,931 · $244/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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 2/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥100°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: $27,900
• − Mortgage interest: −$9,517
• − Property taxes: −$2,931
• − Insurance: −$850
• − Repairs & maintenance: −$2,232
• − Management: −$2,232
• − Depreciation: −$4,943
• Taxable income: $5,196
• Est. tax owed @ 24.0%: −$1,247
• After-tax cash flow: $6,322/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: Upper Adams SD
• NCES district ID: 4224300
• Math proficiency: 33% ▼ -17.00%
• Reading proficiency: 52% ▼ -14.00%
• Median HH income: $56,964
• Composite: 37.16/100
• National rank: #4482
• State rank: #298 of 539 in PA

Livability — Bendersville

• Score: 71/100
• State rank: #687
• US rank: #6728

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Bendersville, PA
• City population: 538
• Population (ZIP): 538

Population outlook (Adams County) Hauer SSP2

• Today (2025): 102,494 people
• By 2030: 101,890 · -0.6%
• By 2040: 98,417 · -4.0%
• By 2050: 92,014 · -10.2%
• By 2075: 76,128 · -25.7%
• By 2100: 58,931 · -42.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.55)
• Race & ethnicity: White 58% Hispanic / Latino 32% Two or more races 9% Black 8%
• Hispanic origin (detail): Mexican 25% Puerto Rican 3%
• Common ancestry: Lithuanian 2% Italian 1% Serbian 1%
• Foreign-born: 16% · Canada
• Languages at home: 72% English-only · Spanish 28%

Political lean MEDSL · Adams

• 2024 margin: Solid R (+33.6) · D 32.7% · R 66.4%
• 2008→2024 swing: -14.1pp toward R · 2008: -19.6pp · 2024: -33.6pp
• All cycles: 2024: R+33.6 2020: R+34.1 2016: R+36.4 2012: R+27.6 2008: R+19.6

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -0.09%
• Current HPI: 300.307
• 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

+126.5% since first listed

6 events — show timeline

• 2026-06-03 Price Changed $169,900 BRIGHT MLS
• 2026-05-15 Listed $175,000 BRIGHT MLS
• 2000-12-28 Sold (MLS) $75,000 BRIGHT MLS
• 2000-11-20 Listing Removed — BRIGHT MLS
• 2000-10-04 Listed $79,500 BRIGHT MLS
• 2000-02-28 Sold (Public Records) $75,000 Public Records

Property tax history

+2.6%/yr

Latest (2026): $2,931 · +2.2% YoY. Source: county tax records.