1007 Starview Ter Unit 1007 Star View Terrace · Wallenpaupack Lake Estates, PA 18436

$309,000

3 bd · 2.0 ba · 1,384 sqft · SingleFamily public records · 225 Days on market

Built 1988 0.31 ac lot $223/sqft · 9% below area Est $278k · 11% over $197/mo HOA · 4% of rent

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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
• Appreciation +10.0/10.0
• Schools +4.2/10.0
• Livability +3.4/5.0
• ARV discount +2.5/15.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks MLS

For your next primary or vacation homes, this may be the one. 3 Bedroom contemporary on a quiet cul-de-sac in Wallenpaupack Lake Estates. Close to the main entrance, lake, beach, pool and basket ball court, tennis court and skate park a short walk to the corner. This home boasts a beautiful kitchen with appliances included, a dining area with a brick wood burning fireplace. Off the kitchen is a large living room with lots of windows and natural light coming in. You'll want to move right in when you see how nice this home is. Call today for a personal showing.

Key facts

• Natural light
• Large living room
• Cul-de-sac

Tags

• CUL-DE-SAC
• WALLENPAUPACK LAKE ESTATES
• KITCHEN WITH APPLIANCES
• BRICK WOOD BURNING FIREPLACE
• LARGE LIVING ROOM
• NATURAL LIGHT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $309k.

Deal economics

• At list price, monthly cash flow is $2k ($22k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $309k).
• Recommended offer: $272k (12.0% below list) — sets the bar for market timing.
• Cap rate 13.3% vs local median 2.5% in Wallenpaupack Lake Estates — 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 68/100 on livability (#896 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, employment A; Watch: schools D+, amenities F, commute F.
• 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: 340 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 177 units permitted in Wayne County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $33k of equity ($2k loan paydown + $31k appreciation (10.0% local appreciation)).
• Wayne County population projected at -17% 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 $87k cash investment doubles in ~2 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$53k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 225 days — a 12% lower offer ($272k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 5y 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 $233k; 32% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $271,920 (12.0% below list)

Questions for the listing agent

1. It's been on market 225 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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. 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?
6. 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.
7. 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.
8. 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: 1.62% ✓
• Cap rate: 13.27%
• Cash-on-cash: 24.94%
• DSCR: 2.11
• GRM: 5.2

CMA / ARV

• ARV (median comp): $278,237
• List price: $309,000
• Delta: 11.06%
• Verdict: OVERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
7 Sunrise Trl	0.23mi	2/1.5 (-1)	1,338 (-3%)	3mo	$205,000	$153	74
1048 Mustang Rd	0.17mi	2/2.0 (-1)	1,315 (-5%)	15mo	$325,000	$247	66
1026 Cheroquee Ter	0.13mi	3/2.0	1,240 (-10%)	14mo	$290,000	$234	65
1029 Bear Trail Rd	0.25mi	3/2.0	1,210 (-13%)	10mo	$293,000	$242	59
1129 Aquarius Dr	0.13mi	3/1.5	1,214 (-12%)	17mo	$220,000	$181	57
1074 Aquarius Dr	0.30mi	3/2.0	1,304 (-6%)	23mo	$575,000	$441	57
1068 Lake Shore Dr	0.32mi	3/2.0	1,228 (-11%)	22mo	$328,750	$268	48

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: 43.1%
• Equity multiple: 4.27×
• Total profit: $282,882
• Equity at exit: $278,372

10-year hold

• IRR: 37.2%
• Equity multiple: 9.59×
• Total profit: $743,163
• Equity at exit: $600,319

Cash invested: $86,520 (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 18436

• Home prices YoY: 16.9%
• Active inventory: 340
• Price-to-rent: 5.2×

Monthly cashflow live

• Estimated rent: $5,000 medium
• Mortgage (P&I): −$1,620
• Tax from tax record: −$206 /mo · $2,472/yr
• Insurance: −$129
• HOA: −$197
• Vacancy / Maint / Mgmt: −$1,050
• Net cashflow: $1,798

Break-even live

Break-even rent $2,724

Max offer price $309,000

Occupancy floor 59%

Sensitivity live

Price	-10% $1,973	-5% $1,885	+0% $1,798	+5% $1,710	+10% $1,623
Rent	-10% $1,403	-5% $1,600	+0% $1,798	+5% $1,995	+10% $2,193
Rate	-1.0pp $1,953	-0.5pp $1,876	base $1,798	+0.5pp $1,718	+1.0pp $1,636

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: $77,250
• Closing costs: $9,270
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
46 Summit Cir Lakeville, PA	3.0	2.0	1152	$5,000	$4.34	14d	1	1.24mi

HOA detail

• Monthly dues: $197 · $2,364/yr
• Likely covers: pool

Listing history 23 events

1. 2026-06-21
   days on market $309,000 Active 225 DOM
2. 2026-06-18
   days on market $309,000 Active 222 DOM
3. 2026-06-17
   days on market $309,000 Active 221 DOM
4. 2026-06-16
   days on market $309,000 Active 220 DOM
5. 2026-06-15
   days on market $309,000 Active 219 DOM
6. 2026-06-13
   days on market $309,000 Active 217 DOM
7. 2026-06-13
   days on market $309,000 Active 216 DOM
8. 2026-06-09
   days on market $309,000 Active 213 DOM
9. 2026-06-08
   days on market $309,000 Active 212 DOM
10. 2026-06-07
    days on market $309,000 Active 211 DOM
11. 2026-06-04
    days on market $309,000 Active 208 DOM
12. 2026-06-03
    days on market $309,000 Active 207 DOM
13. 2026-06-02
    days on market $309,000 Active 206 DOM
14. 2026-06-01
    days on market $309,000 Active 205 DOM
15. 2026-05-31
    days on market $309,000 Active 204 DOM
16. 2025-10-29
    listed $320,000 Active 565-char remark

    Show marketing remark (565 chars)

    For your next primary or vacation homes, this may be the one. 3 Bedroom contemporary on a quiet cul-de-sac in Wallenpaupack Lake Estates. Close to the main entrance, lake, beach, pool and basket ball court, tennis court and skate park a short walk to the corner. This home boasts a beautiful kitchen with appliances included, a dining area with a brick wood burning fireplace. Off the kitchen is a large living room with lots of windows and natural light coming in. You'll want to move right in when you see how nice this home is. Call today for a personal showing.

17. 2021-07-12
    soldstatus $233,450
18. 2021-07-09
    soldstatus 963-char remark

    Show marketing remark (963 chars)

    This freshly remodeled home offers seasonal LAKE VIEWS of LAKE WALLENPAUPACK. Located in Wallenpaupack Lake Estates, a four-season amenity-filled community in the Northern Poconos with lake rights. The home is right by the tennis and basketball courts on a quiet cul-de-sac, near wooded parcels for privacy. Beautifully updated house with an open floor plan, cathedral ceilings in the living area, inviting and light-filled sunroom with peaceful panoramic views and access to the deck, a brick fireplace, new flooring throughout the entire main level, new carpeting in the upstairs bedrooms, a private balcony, new bathrooms, laundry on the main level. The entire interior has just been painted. New kitchen counter tops and stainless-steel appliances for a modern yet cozy feel. The community features include lakes, beaches, 2 outdoor pools, an indoor pool, a fitness center, a teen center, an adult lodge, tennis courts, hiking trails, gaming courts, and more.

19. 2021-07-09
    soldstatus $233,450

    Show marketing remark (963 chars)

    This freshly remodeled home offers seasonal LAKE VIEWS of LAKE WALLENPAUPACK. Located in Wallenpaupack Lake Estates, a four-season amenity-filled community in the Northern Poconos with lake rights. The home is right by the tennis and basketball courts on a quiet cul-de-sac, near wooded parcels for privacy. Beautifully updated house with an open floor plan, cathedral ceilings in the living area, inviting and light-filled sunroom with peaceful panoramic views and access to the deck, a brick fireplace, new flooring throughout the entire main level, new carpeting in the upstairs bedrooms, a private balcony, new bathrooms, laundry on the main level. The entire interior has just been painted. New kitchen counter tops and stainless-steel appliances for a modern yet cozy feel. The community features include lakes, beaches, 2 outdoor pools, an indoor pool, a fitness center, a teen center, an adult lodge, tennis courts, hiking trails, gaming courts, and more.

20. 2021-05-12
    listed $236,900 963-char remark

    Show marketing remark (963 chars)

    This freshly remodeled home offers seasonal LAKE VIEWS of LAKE WALLENPAUPACK. Located in Wallenpaupack Lake Estates, a four-season amenity-filled community in the Northern Poconos with lake rights. The home is right by the tennis and basketball courts on a quiet cul-de-sac, near wooded parcels for privacy. Beautifully updated house with an open floor plan, cathedral ceilings in the living area, inviting and light-filled sunroom with peaceful panoramic views and access to the deck, a brick fireplace, new flooring throughout the entire main level, new carpeting in the upstairs bedrooms, a private balcony, new bathrooms, laundry on the main level. The entire interior has just been painted. New kitchen counter tops and stainless-steel appliances for a modern yet cozy feel. The community features include lakes, beaches, 2 outdoor pools, an indoor pool, a fitness center, a teen center, an adult lodge, tennis courts, hiking trails, gaming courts, and more.

21. 2021-05-12
    listed $236,900

    Show marketing remark (963 chars)

    This freshly remodeled home offers seasonal LAKE VIEWS of LAKE WALLENPAUPACK. Located in Wallenpaupack Lake Estates, a four-season amenity-filled community in the Northern Poconos with lake rights. The home is right by the tennis and basketball courts on a quiet cul-de-sac, near wooded parcels for privacy. Beautifully updated house with an open floor plan, cathedral ceilings in the living area, inviting and light-filled sunroom with peaceful panoramic views and access to the deck, a brick fireplace, new flooring throughout the entire main level, new carpeting in the upstairs bedrooms, a private balcony, new bathrooms, laundry on the main level. The entire interior has just been painted. New kitchen counter tops and stainless-steel appliances for a modern yet cozy feel. The community features include lakes, beaches, 2 outdoor pools, an indoor pool, a fitness center, a teen center, an adult lodge, tennis courts, hiking trails, gaming courts, and more.

22. 2000-04-19
    soldstatus $64,000
23. 1986-10-01
    soldstatus $22,500

ⓘ 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: $2,472 · $206/mo
• Projected year-2 tax: $3,677 · $306/mo
• Expected delta: +$1,205/yr (+$100/mo · 48.8%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 2/10 Low 7 d/yr ≥89°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 4% 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: $60,000
• − Mortgage interest: −$17,309
• − Property taxes: −$2,472
• − Insurance: −$1,545
• − Repairs & maintenance: −$4,800
• − Management: −$4,800
• − HOA: −$2,364
• − Depreciation: −$8,989
• Taxable income: $17,722
• Est. tax owed @ 24.0%: −$4,253
• After-tax cash flow: $17,321/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 — Wallenpaupack Lake Estates

• Score: 68/100
• State rank: #896
• US rank: #9541

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Wallenpaupack Lake Estates, PA
• Population (ZIP): 13,225

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 47,924 people
• By 2030: 46,191 · -3.6%
• By 2040: 42,815 · -10.7%
• By 2050: 39,873 · -16.8%
• By 2075: 34,556 · -27.9%
• By 2100: 28,358 · -40.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 9% Scotch-Irish 2% Iranian 2%
• Foreign-born: 4%
• Languages at home: 95% English-only · French/Haitian/Cajun 2% Russian/Polish/Slavic 1% Spanish 1%

Political lean MEDSL · Wayne

• 2024 margin: Solid R (+37.1) · D 31.1% · R 68.2%
• 2008→2024 swing: -24.8pp toward R · 2008: -12.3pp · 2024: -37.1pp
• All cycles: 2024: R+37.1 2020: R+33.6 2016: R+39.7 2012: R+20.9 2008: R+12.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 47.95%
• Current HPI: 331.9645
• 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

+1322.2% since first listed

8 events — show timeline

• 2025-10-29 Listed $320,000 PWMLS
• 2021-07-12 Sold (Public Records) $233,450 Public Records
• 2021-07-09 Sold (MLS) $233,450 PWMLS
• 2021-07-09 Sold (MLS) — PWMLS
• 2021-05-12 Listed $236,900 PWMLS
• 2021-05-12 Listed $236,900 PWMLS
• 2000-04-19 Sold (Public Records) $64,000 Public Records
• 1986-10-01 Sold (Public Records) $22,500 Public Records

Property tax history

+1.2%/yr

Latest (2026): $2,472 · +2.3% YoY. Source: county tax records.