1059 Cashtown Rd · Franklin, PA 17307

$224,900

3 bd · 2.0 ba · 1,759 sqft · Other public records · 12 Days on market

Built 1900 0.61 ac lot

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Why this score? — see what drove the D 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).

• Appreciation +10.0/10.0
• Cash flow +8.0/30.0
• ARV discount +7.5/15.0
• Schools +4.6/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• 1% rule +2.2/10.0
• DSCR +2.0/10.0

Listing remarks MLS

In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

Key facts

• Wood plank floors
• Exposed stone walls
• Curved staircase

Tags

• STONE FARMHOUSE STYLE
• EXPOSED BEAMS
• WOOD PLANK FLOORS
• CURVED STAIRCASE
• EXPOSED STONE WALLS
• 0.61 ACRE LOT

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath other listed at $225k.

Deal economics

• At list price, monthly cash flow is $-233 ($-3k/yr) — negative.
• To cash-flow at today's rent, offer at most $184k (18.3% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $162k (28.1% below list).
• Recommended offer: $162k (28.1% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 69/100 on livability (#812 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, crime B+; Watch: health & safety C-, employment D, amenities F.
• Gettysburg Area SD (rural): math 46% / reading 60% proficiency, ranked #132 of 539 in PA (top 24%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Franklin Twp El Sch (math 57% / reading 67%, grade B, #313 of 1,518 statewide, top 24%, 369 students, 45% FRL); Gettysburg Area Ms (math 28% / reading 60%, grade D, #202 of 512 statewide, top 40%, 682 students, 43% FRL); Gettysburg Area Hs (math 80% / reading 24%, grade C-, #112 of 437 statewide, top 26%, 1,024 students, 37% FRL) — zoned schools at 42% FRL track the district average.
• Market conditions: 42 active listings in the ZIP; 403 units permitted in Adams County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $24k of equity ($2k loan paydown + $22k appreciation (10.0% local appreciation)).
• Adams County population projected at -10% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• By year 2, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• Only 12 days on market — expect competitive offers; lowballing is unlikely to land.
• 10 sale attempts since 21y 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 $195k; 15% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $161,810 (28.1% below list)

Questions for the listing agent

1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
2. Built in 1900 — 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. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
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: 0.72% ✗
• Cap rate: 5.05%
• Cash-on-cash: -4.45%
• DSCR: 0.80
• GRM: 11.6

CMA / ARV

No comps found within radius.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 21.1%
• Equity multiple: 2.71×
• Total profit: $107,614
• Equity at exit: $202,608

10-year hold

• IRR: 19.1%
• Equity multiple: 6.22×
• Total profit: $328,596
• Equity at exit: $436,931

Cash invested: $62,972 (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 17307

• Home prices YoY: 4.2%
• Active inventory: 42
• Price-to-rent: 11.6×

Monthly cashflow live

• Estimated rent: $1,618 medium
• Mortgage (P&I): −$1,179
• Tax from tax record: −$239 /mo · $2,864/yr
• Insurance: −$94
• HOA: −$0
• Vacancy / Maint / Mgmt: −$340
• Net cashflow: $-233

Break-even live

Break-even rent $1,914

Max offer price $183,653

Occupancy floor —

Sensitivity live

Price	-10% $-106	-5% $-170	+0% $-233	+5% $-297	+10% $-361
Rent	-10% $-361	-5% $-297	+0% $-233	+5% $-170	+10% $-106
Rate	-1.0pp $-120	-0.5pp $-176	base $-233	+0.5pp $-292	+1.0pp $-351

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: $56,225
• Closing costs: $6,747
• Reserves months: —
• Total cash needed: —

Listing history 28 events

1. 2026-04-24
   status Pending
2. 2026-04-12
   listed $224,900 Active
3. 2020-01-29
   status Pending 1348-char remark

   Show marketing remark (1348 chars)

   In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

4. 2020-01-29
   soldstatus $195,000 Closed 1348-char remark

   Show marketing remark (1348 chars)

   In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

5. 2020-01-29
   soldstatus $195,000

   Show marketing remark (1348 chars)

   In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

6. 2019-12-11
   historical Active Under Contract 1348-char remark

   Show marketing remark (1348 chars)

   In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

7. 2019-10-07
   price $199,900 1348-char remark

   Show marketing remark (1348 chars)

   In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

8. 2019-09-11
   price $204,900 1348-char remark

   Show marketing remark (1348 chars)

   In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

9. 2019-07-16
   price $211,900 1348-char remark

   Show marketing remark (1348 chars)

   In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

10. 2019-06-03
    listed $219,900 Active 1348-char remark

    Show marketing remark (1348 chars)

    In search of new owner who loves older homes. This is a pre-Civil War home located in picturesque orchard country. Make this your home for the holidays and enjoy country living with charm and privacy! Beautiful - (1850) farmhouse with stone accents, wood floors and beam ceilings. Nestled on . 60 acres and surrounded by orchards. Remodeled with insulated windows, central heat and a/c, newer kitchen (including cabinets and appliances), 1st floor master bedroom (new carpet) (has private bath with jetted tub and separate shower) and is spacious with adjacent sitting area and private rear covered patio. The generous kitchen has beautiful cabinets, huge island with modern enamel sink and (new) built-in dishwasher. This gorgeous room can be combination dining/gathering or family area. There is an old enclosed fireplace that would be perfect for wine racks and storage. Upstairs has two bedrooms and full bath with walk-up attic. (each bedroom has closet storage, unusual in this age of home and 1st floor laundry). Sit, sip and enjoy the view from your front porches (25x7-10 and 12'10x8) Yard is board fenced, mature trees, with plenty of off street parking. Adjacent pond is not on this property. Minutes to historic Gettysburg and local attractions. USDA & VA financing considered. Seller will provide 1 year home warranty for buyer.

11. 2013-05-31
    historical
12. 2012-12-13
    listed $179,900
13. 2012-06-30
    historical
14. 2011-12-29
    listed $195,000
15. 2008-08-15
    historical
16. 2008-01-14
    listed $249,900
17. 2008-01-14
    historical
18. 2007-09-24
    listed $259,900
19. 2007-09-03
    historical
20. 2007-03-02
    listed $269,900
21. 2007-02-28
    historical
22. 2006-09-01
    listed $299,900
23. 2006-01-06
    soldstatus $130,000
24. 2006-01-06
    soldstatus $130,000
25. 2005-09-23
    historical
26. 2005-09-22
    listed $130,000
27. 2005-09-22
    historical
28. 2005-03-22
    listed $159,900

ⓘ 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: $2,864 · $239/mo
• Projected year-2 tax: $3,209 · $267/mo
• Expected delta: +$345/yr (+$29/mo · 12.0%)

ⓘ 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 3/10 Moderate
• 🌡 Heat 4/10 Moderate 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 8% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,417
• − Mortgage interest: −$12,598
• − Property taxes: −$2,864
• − Insurance: −$1,124
• − Repairs & maintenance: −$1,553
• − Management: −$1,553
• − Depreciation: −$6,543
• Taxable loss: −$6,819
• Est. tax savings @ 24.0%: +$1,636
• After-tax cash flow: $-1,165/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: Gettysburg Area SD
• NCES district ID: 4210710
• Math proficiency: 46% ▼ -9.00%
• Reading proficiency: 60% ▼ -9.00%
• Median HH income: $58,451
• Composite: 46.03/100
• National rank: #2526
• State rank: #132 of 539 in PA

Livability — Franklin

• Score: 69/100
• State rank: #812
• US rank: #8260

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Population (ZIP): 5,677

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: Predominantly White (85%)
• Race & ethnicity: White 85% Hispanic / Latino 9% Two or more races 4% Black 2%
• Hispanic origin (detail): Mexican 7%
• Common ancestry: Lithuanian 3% Serbian 2% Romanian 2%
• Foreign-born: 5% · Canada, China
• Languages at home: 93% English-only · Spanish 5% French/Haitian/Cajun 1%

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: ▲ 12.77%
• Current HPI: 319.5821
• 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

+40.7% since first listed

28 events — show timeline

• 2026-04-24 Pending — BRIGHT MLS
• 2026-04-12 Listed $224,900 BRIGHT MLS
• 2020-01-29 Pending — BRIGHT MLS
• 2020-01-29 Sold (Public Records) $195,000 Public Records
• 2020-01-29 Sold (MLS) $195,000 BRIGHT MLS
• 2019-12-11 Contingent — BRIGHT MLS
• 2019-10-07 Price Changed $199,900 BRIGHT MLS
• 2019-09-11 Price Changed $204,900 BRIGHT MLS
• 2019-07-16 Price Changed $211,900 BRIGHT MLS
• 2019-06-03 Listed $219,900 BRIGHT MLS
• 2013-05-31 Listing Removed — BRIGHT MLS
• 2012-12-13 Listed $179,900 BRIGHT MLS
• 2012-06-30 Listing Removed — BRIGHT MLS
• 2011-12-29 Listed $195,000 BRIGHT MLS
• 2008-08-15 Listing Removed — BRIGHT MLS
• 2008-01-14 Listing Removed — BRIGHT MLS
• 2008-01-14 Listed $249,900 BRIGHT MLS
• 2007-09-24 Listed $259,900 BRIGHT MLS
• 2007-09-03 Listing Removed — BRIGHT MLS
• 2007-03-02 Listed $269,900 BRIGHT MLS
• 2007-02-28 Listing Removed — BRIGHT MLS
• 2006-09-01 Listed $299,900 BRIGHT MLS
• 2006-01-06 Sold (Public Records) $130,000 Public Records
• 2006-01-06 Sold (MLS) $130,000 BRIGHT MLS
• 2005-09-23 Listing Removed — BRIGHT MLS
• 2005-09-22 Listing Removed — BRIGHT MLS
• 2005-09-22 Listed $130,000 BRIGHT MLS
• 2005-03-22 Listed $159,900 BRIGHT MLS

Property tax history

+1.5%/yr

Latest (2026): $2,864 · +0.7% YoY. Source: county tax records.