209 Urban Rd · Lackawaxen, PA 18428

$198,900

1 bd · 1.0 ba · 816 sqft · SingleFamily public records · 72 Days on market

Built 1961 1.40 ac lot $244/sqft · at area comps Est $263k · 24% 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 +15.1/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• DSCR +4.6/10.0
• Schools +4.2/10.0
• 1% rule +3.5/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

Nestled on a peaceful country road in Hawley, Pennsylvania, this charming property at 209 Urban Rd. offers the perfect blend of privacy and convenience. Enjoy a completely remodeled 2-3-bedroom home with all of the animals as neighbors. Surrounded by natural beauty, this home provides a quiet retreat while remaining just minutes from downtown Hawley's shops, dining, Woodloch Springs & Pines and Lake Wallenpaupack. Inside, you'll find a warm and inviting layout with comfortable living spaces, all updated and designed for the PERFECT getaway OR weekend escapes. The property sits on a scenic 1.4 acre lot with plenty of room to relax, entertain, and enjoy the outdoors-ideal for morning coffee on the porch or evenings under the stars. Whether you're searching for a vacation getaway, or an investment opportunity, this home delivers peaceful surroundings with easy access to outdoor recreation, hiking, boating, and all that the Pocono region has to offer. Plenty of room to bring the vacation & lake toys and store them in your detached 2 car garage!Don't miss your chance to own a slice of serenity on the outskirts of Hawley yet so close to everything you love about the area!

Key facts

• Scenic lot
• Remodeled home
• Detached garage

Tags

• REMODELED HOME
• SCENIC LOT
• DETACHED GARAGE

What this means for you Summary

Snapshot

• This is a 1-bed/1.0-bath single-family listed at $199k.

Deal economics

• At list price, monthly cash flow is $65 ($785/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 $169k (15.2% below list).
• Recommended offer: $169k (15.2% 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.
• 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; 213 units permitted in Pike County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $21k of equity ($1k loan paydown + $20k 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 $56k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$34k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 72 days — a 6% lower offer ($187k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 2y ago; this cycle's ask is 13160% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
• Current owner paid $60k; list at $199k implies a 232% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $168,669 (15.2% below list)

Questions for the listing agent

1. It's been on market 72 days. Have you received any prior offers? Is the seller open to a 15% concession, seller financing, or rate buy-down credit?
2. Built in 1961 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
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: 0.85% ✗
• Cap rate: 6.69%
• Cash-on-cash: 1.41%
• DSCR: 1.06
• GRM: 9.8

CMA / ARV

• ARV (median comp): $263,289
• List price: $198,900
• Delta: -24.46%
• Verdict: UNDERPRICED
• Comps: 5 within 1.0 mi

Show comp detail 2 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
209 Urban Rd	0.00mi	2/1.0 (+1)	816 (0%)	19mo	$59,900	$73	79
138 Winfield Rd	0.51mi	2/1.0 (+1)	824 (+1%)	22mo	$236,500	$287	51

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: 25.3%
• Equity multiple: 3.02×
• Total profit: $112,452
• Equity at exit: $179,185

10-year hold

• IRR: 22.3%
• Equity multiple: 6.89×
• Total profit: $327,796
• Equity at exit: $386,419

Cash invested: $55,692 (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: 9.8×

Monthly cashflow live

• Estimated rent: $1,687 medium
• Mortgage (P&I): −$1,043
• Tax from tax record: −$141 /mo · $1,694/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$354
• Net cashflow: $65

Break-even live

Break-even rent $1,604

Max offer price $198,900

Occupancy floor 91%

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: $49,725
• Closing costs: $5,967
• Reserves months: —
• Total cash needed: —

Listing history 9 events

1. 2026-05-16
   listed $1,500
2. 2026-04-28
   price $198,900 1196-char remark

   Show marketing remark (1196 chars)

   Nestled on a peaceful country road in Hawley, Pennsylvania, this charming property at 209 Urban Rd. offers the perfect blend of privacy and convenience. Enjoy a completely remodeled 2-3-bedroom home with all of the animals as neighbors. Surrounded by natural beauty, this home provides a quiet retreat while remaining just minutes from downtown Hawley's shops, dining, Woodloch Springs & Pines and Lake Wallenpaupack. Inside, you'll find a warm and inviting layout with comfortable living spaces, all updated and designed for the PERFECT getaway OR weekend escapes. The property sits on a scenic 1.4 acre lot with plenty of room to relax, entertain, and enjoy the outdoors-ideal for morning coffee on the porch or evenings under the stars. Whether you're searching for a vacation getaway, or an investment opportunity, this home delivers peaceful surroundings with easy access to outdoor recreation, hiking, boating, and all that the Pocono region has to offer. Plenty of room to bring the vacation & lake toys and store them in your detached 2 car garage!Don't miss your chance to own a slice of serenity on the outskirts of Hawley yet so close to everything you love about the area!

3. 2026-04-07
   status Active 1196-char remark

   Show marketing remark (1196 chars)

   Nestled on a peaceful country road in Hawley, Pennsylvania, this charming property at 209 Urban Rd. offers the perfect blend of privacy and convenience. Enjoy a completely remodeled 2-3-bedroom home with all of the animals as neighbors. Surrounded by natural beauty, this home provides a quiet retreat while remaining just minutes from downtown Hawley's shops, dining, Woodloch Springs & Pines and Lake Wallenpaupack. Inside, you'll find a warm and inviting layout with comfortable living spaces, all updated and designed for the PERFECT getaway OR weekend escapes. The property sits on a scenic 1.4 acre lot with plenty of room to relax, entertain, and enjoy the outdoors-ideal for morning coffee on the porch or evenings under the stars. Whether you're searching for a vacation getaway, or an investment opportunity, this home delivers peaceful surroundings with easy access to outdoor recreation, hiking, boating, and all that the Pocono region has to offer. Plenty of room to bring the vacation & lake toys and store them in your detached 2 car garage!Don't miss your chance to own a slice of serenity on the outskirts of Hawley yet so close to everything you love about the area!

4. 2026-03-26
   status Pending 1196-char remark

   Show marketing remark (1196 chars)

   Nestled on a peaceful country road in Hawley, Pennsylvania, this charming property at 209 Urban Rd. offers the perfect blend of privacy and convenience. Enjoy a completely remodeled 2-3-bedroom home with all of the animals as neighbors. Surrounded by natural beauty, this home provides a quiet retreat while remaining just minutes from downtown Hawley's shops, dining, Woodloch Springs & Pines and Lake Wallenpaupack. Inside, you'll find a warm and inviting layout with comfortable living spaces, all updated and designed for the PERFECT getaway OR weekend escapes. The property sits on a scenic 1.4 acre lot with plenty of room to relax, entertain, and enjoy the outdoors-ideal for morning coffee on the porch or evenings under the stars. Whether you're searching for a vacation getaway, or an investment opportunity, this home delivers peaceful surroundings with easy access to outdoor recreation, hiking, boating, and all that the Pocono region has to offer. Plenty of room to bring the vacation & lake toys and store them in your detached 2 car garage!Don't miss your chance to own a slice of serenity on the outskirts of Hawley yet so close to everything you love about the area!

5. 2026-02-27
   listed $199,900 Active 1196-char remark

   Show marketing remark (1196 chars)

   Nestled on a peaceful country road in Hawley, Pennsylvania, this charming property at 209 Urban Rd. offers the perfect blend of privacy and convenience. Enjoy a completely remodeled 2-3-bedroom home with all of the animals as neighbors. Surrounded by natural beauty, this home provides a quiet retreat while remaining just minutes from downtown Hawley's shops, dining, Woodloch Springs & Pines and Lake Wallenpaupack. Inside, you'll find a warm and inviting layout with comfortable living spaces, all updated and designed for the PERFECT getaway OR weekend escapes. The property sits on a scenic 1.4 acre lot with plenty of room to relax, entertain, and enjoy the outdoors-ideal for morning coffee on the porch or evenings under the stars. Whether you're searching for a vacation getaway, or an investment opportunity, this home delivers peaceful surroundings with easy access to outdoor recreation, hiking, boating, and all that the Pocono region has to offer. Plenty of room to bring the vacation & lake toys and store them in your detached 2 car garage!Don't miss your chance to own a slice of serenity on the outskirts of Hawley yet so close to everything you love about the area!

6. 2024-11-15
   soldstatus $59,900 Closed 365-char remark

   Show marketing remark (365 chars)

   OPPORTUNITY KNOCKS!!! ATTENTION: CONTRACTORS / HANDYPERSON / INVESTORS!! Cottage / Cabin Type home with 2 car garage set on 2.52 acres (2 lots) on a quiet township road in Lackawaxen Township. Home currently not habitable and NEEDS WORK as well as the garage. To be sold in AS IS CONDITION with all items and stuff to remain in and on the property. CASH SALE Only!

7. 2024-10-31
   status Pending 365-char remark

   Show marketing remark (365 chars)

   OPPORTUNITY KNOCKS!!! ATTENTION: CONTRACTORS / HANDYPERSON / INVESTORS!! Cottage / Cabin Type home with 2 car garage set on 2.52 acres (2 lots) on a quiet township road in Lackawaxen Township. Home currently not habitable and NEEDS WORK as well as the garage. To be sold in AS IS CONDITION with all items and stuff to remain in and on the property. CASH SALE Only!

8. 2024-10-29
   listed $59,900 Active 365-char remark

   Show marketing remark (365 chars)

   OPPORTUNITY KNOCKS!!! ATTENTION: CONTRACTORS / HANDYPERSON / INVESTORS!! Cottage / Cabin Type home with 2 car garage set on 2.52 acres (2 lots) on a quiet township road in Lackawaxen Township. Home currently not habitable and NEEDS WORK as well as the garage. To be sold in AS IS CONDITION with all items and stuff to remain in and on the property. CASH SALE Only!

9. 2007-05-11
   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: $1,694 · $141/mo
• Projected year-2 tax: $2,418 · $202/mo
• Expected delta: +$724/yr (+$60/mo · 42.8%)

ⓘ 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 5/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥93°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% 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: $20,240
• − Mortgage interest: −$11,141
• − Property taxes: −$1,694
• − Insurance: −$994
• − Repairs & maintenance: −$1,619
• − Management: −$1,619
• − Depreciation: −$5,786
• Taxable loss: −$2,614
• Est. tax savings @ 24.0%: +$627
• After-tax cash flow: $1,412/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 — Lackawaxen

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

Census & demographics

• 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

-98.0% since first listed

9 events — show timeline

• 2026-05-16 Listed for Rent $1,500 PWMLS
• 2026-04-28 Price Changed $198,900 PWMLS
• 2026-04-07 Relisted — PWMLS
• 2026-03-26 Pending — PWMLS
• 2026-02-27 Listed $199,900 PWMLS
• 2024-11-15 Sold (MLS) $59,900 PWMLS
• 2024-10-31 Pending — PWMLS
• 2024-10-29 Listed $59,900 PWMLS
• 2007-05-11 Sold (Public Records) $75,000 Public Records

Property tax history

+2.6%/yr

Latest (2026): $1,694 · +2.8% YoY. Source: county tax records.