338 Hepburn St · Milton, PA 17847

$134,900

3 bd · 1.0 ba · 1,676 sqft · SingleFamily · 7 Days on market

Built 1916 3,049 sqft lot Est $198k · 32% under

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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 +25.1/30.0
• ARV discount +15.0/15.0
• DSCR +8.2/10.0
• 1% rule +5.8/10.0
• Schools +3.9/10.0
• Livability +3.4/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Character and craftsmanship stand out throughout this spacious half double featuring natural woodwork, curved walls, pocket doors, wood floors, and fresh interior paint. Large rooms and generously sized bedrooms offer comfort and charm rarely found at this price point. Enjoy the convenience of first-floor laundry, a welcoming front porch, rear deck, and off-street parking. Major updates include wiring and vinyl replacement windows throughout. A full attic and basement provide ample storage space. The backyard features raspberry and blackberry bushes along with grape vines for your own backyard harvest. Whether you're a first-time buyer or investor, this well-maintained home offers space, updates, and timeless appeal.

Key facts

• Natural woodwork
• Curved walls
• Pocket doors

Tags

• NATURAL WOODWORK
• CURVED WALLS
• POCKET DOORS
• WOOD FLOORS
• FIRST-FLOOR LAUNDRY
• FRONT PORCH

Property features AI

Exterior

• Parking: Off-street parking
• Utilities: Public water; Public sewer; Municipal trash: not provided
• Home design: Semi-detached; Level lot
• Construction: Aluminum siding and frame construction; Stone foundation; Shingle roof; Replacement vinyl-clad windows; Built year: estimated
• Exterior features: Sidewalks; Street lights; Rear yard; Deck(s); Porch(es)

Interior

• Kitchen: Dishwasher; Stove
• Bedrooms: Three bedrooms on the first upper level
• Flooring: Hardwood; Tile/brick; Vinyl
• Bathrooms: One full bathroom
• Heating & cooling: Radiator heat (oil-fired); 100-amp electric service with circuit breakers; Electric hot water
• Interior features: Attic; Ceiling fan(s); Formal separate dining room; Wood floors
• Laundry & utility: Main-floor laundry with hookups

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $135k.

Deal economics

• At list price, monthly cash flow is $244 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $135k).
• Cap rate 9.0% vs local median 3.6% in Milton — 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 67/100 on livability (#951 in PA) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+; Watch: schools C-, employment D, health & safety D.
• Milton Area SD (town): math 37% / reading 55% proficiency, ranked #264 of 539 in PA (top 49%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 31 active listings in the ZIP; 1 comparable units currently listed for rent nearby; 81 units permitted in Northumberland County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $933 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Northumberland County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 7 days on market — expect competitive offers; lowballing is unlikely to land.
• 4 sale attempts since 4y 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 $114k; 18% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: flood insurance adds $56/mo; built in 1916 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major flood risk; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $134,900

Questions for the listing agent

1. Built in 1916 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. 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.
5. 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.
6. 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: 1.08% ✓
• Cap rate: 8.95%
• Cash-on-cash: 9.51%
• DSCR: 1.42
• GRM: 7.7

CMA / ARV

• ARV (on-the-fly): $197,768
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
623 Hepburn St	0.24mi	3/1.5	1,496 (-11%)	1mo	$245,500	$164	68
142 Broadway St	0.20mi	3/1.5	1,836 (+10%)	10mo	$151,000	$82	64
44 Poplar Ave	0.28mi	3/1.5	1,458 (-13%)	3mo	$165,000	$113	61
103 Lower Market St	0.57mi	3/2.0	1,680 (+0%)	11mo	$120,000	$71	60
958 Hepburn St	0.55mi	3/2.0	1,569 (-6%)	3mo	$260,000	$166	57
170 S Front St	0.51mi	2/1.0 (-1)	1,764 (+5%)	6mo	$32,500	$18	57
400 Piper Ave	0.41mi	2/1.0 (-1)	1,595 (-5%)	14mo	$140,000	$88	56
581 Eastern Ave	0.64mi	3/1.0	1,739 (+4%)	12mo	$205,250	$118	54
23 Robin Ct	0.71mi	3/1.0	1,756 (+5%)	9mo	$280,000	$159	52
39 1st St	0.53mi	3/1.0	1,456 (-13%)	9mo	$140,000	$96	46
716 Lincoln St	0.72mi	3/2.0	1,560 (-7%)	9mo	$238,000	$153	43
513 E Wall St	0.62mi	4/3.0 (+1)	1,850 (+10%)	4mo	$237,000	$128	37

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

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

5-year hold

• IRR: -4.5%
• Equity multiple: 0.83×
• Total profit: $-6,331
• Equity at exit: $20,114

10-year hold

• IRR: 5.2%
• Equity multiple: 1.38×
• Total profit: $14,503
• Equity at exit: $11,664

Cash invested: $37,772 (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 17847

• Home prices YoY: -20.9%
• Active inventory: 31
• Price-to-rent: 7.7×

Monthly cashflow live

• Estimated rent: $1,459 medium
• Mortgage (P&I): −$707
• Tax from tax record: −$90 /mo · $1,077/yr
• Insurance: −$56
• Flood insurance flood zone: −$56 /mo · $666/yr
• HOA: −$0
• Vacancy / Maint / Mgmt: −$306
• Net cashflow: $244

Break-even live

Break-even rent $1,151

Max offer price $134,900

Occupancy floor 78%

Sensitivity live

Price	-10% $320	-5% $282	+0% $244	+5% $206	+10% $167
Rent	-10% $128	-5% $186	+0% $244	+5% $301	+10% $359
Rate	-1.0pp $312	-0.5pp $278	base $244	+0.5pp $209	+1.0pp $173

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: $33,725
• Closing costs: $4,047
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
619 Hepburn St Milton, PA	3.0	1.5	1300	$1,295	$1.00	44d	1	0.23mi

Listing history 12 events

1. 2026-06-01
   statusdays on market $134,900 Pending 7 DOM
2. 2026-05-31
   days on market $134,900 Active 6 DOM
3. 2026-05-30
   days on market $134,900 Active 5 DOM
4. 2026-05-11
   historical Active Under Contract 726-char remark

   Show marketing remark (726 chars)

   Character and craftsmanship stand out throughout this spacious half double featuring natural woodwork, curved walls, pocket doors, wood floors, and fresh interior paint. Large rooms and generously sized bedrooms offer comfort and charm rarely found at this price point. Enjoy the convenience of first-floor laundry, a welcoming front porch, rear deck, and off-street parking. Major updates include wiring and vinyl replacement windows throughout. A full attic and basement provide ample storage space. The backyard features raspberry and blackberry bushes along with grape vines for your own backyard harvest. Whether you're a first-time buyer or investor, this well-maintained home offers space, updates, and timeless appeal.

5. 2026-05-11
   historical Active Under Contract 726-char remark

   Show marketing remark (726 chars)

   Character and craftsmanship stand out throughout this spacious half double featuring natural woodwork, curved walls, pocket doors, wood floors, and fresh interior paint. Large rooms and generously sized bedrooms offer comfort and charm rarely found at this price point. Enjoy the convenience of first-floor laundry, a welcoming front porch, rear deck, and off-street parking. Major updates include wiring and vinyl replacement windows throughout. A full attic and basement provide ample storage space. The backyard features raspberry and blackberry bushes along with grape vines for your own backyard harvest. Whether you're a first-time buyer or investor, this well-maintained home offers space, updates, and timeless appeal.

6. 2026-05-11
   status Pending

   Show marketing remark (726 chars)

   Character and craftsmanship stand out throughout this spacious half double featuring natural woodwork, curved walls, pocket doors, wood floors, and fresh interior paint. Large rooms and generously sized bedrooms offer comfort and charm rarely found at this price point. Enjoy the convenience of first-floor laundry, a welcoming front porch, rear deck, and off-street parking. Major updates include wiring and vinyl replacement windows throughout. A full attic and basement provide ample storage space. The backyard features raspberry and blackberry bushes along with grape vines for your own backyard harvest. Whether you're a first-time buyer or investor, this well-maintained home offers space, updates, and timeless appeal.

7. 2026-05-08
   listed $134,900 Active
8. 2026-05-07
   listed $134,900 Active 726-char remark

   Show marketing remark (726 chars)

   Character and craftsmanship stand out throughout this spacious half double featuring natural woodwork, curved walls, pocket doors, wood floors, and fresh interior paint. Large rooms and generously sized bedrooms offer comfort and charm rarely found at this price point. Enjoy the convenience of first-floor laundry, a welcoming front porch, rear deck, and off-street parking. Major updates include wiring and vinyl replacement windows throughout. A full attic and basement provide ample storage space. The backyard features raspberry and blackberry bushes along with grape vines for your own backyard harvest. Whether you're a first-time buyer or investor, this well-maintained home offers space, updates, and timeless appeal.

9. 2026-05-07
   listed $134,900 Active 726-char remark

   Show marketing remark (726 chars)

   Character and craftsmanship stand out throughout this spacious half double featuring natural woodwork, curved walls, pocket doors, wood floors, and fresh interior paint. Large rooms and generously sized bedrooms offer comfort and charm rarely found at this price point. Enjoy the convenience of first-floor laundry, a welcoming front porch, rear deck, and off-street parking. Major updates include wiring and vinyl replacement windows throughout. A full attic and basement provide ample storage space. The backyard features raspberry and blackberry bushes along with grape vines for your own backyard harvest. Whether you're a first-time buyer or investor, this well-maintained home offers space, updates, and timeless appeal.

10. 2022-07-29
    soldstatus $114,500 Closed
11. 2022-04-27
    listed $109,740
12. 2021-08-10
    soldstatus $135,000

ⓘ 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: $1,077 · $90/mo
• Projected year-2 tax: $1,604 · $134/mo
• Expected delta: +$527/yr (+$44/mo · 48.9%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (shaded) · 75% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 5/10 Major 7 d/yr ≥101°F today · 15 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 2% chance of damaging wind over 30 yrs
• 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $17,508
• − Mortgage interest: −$7,556
• − Property taxes: −$1,077
• − Insurance: −$1,341
• − Repairs & maintenance: −$1,401
• − Management: −$1,401
• − Depreciation: −$3,924
• Taxable income: $808
• Est. tax owed @ 24.0%: −$194
• After-tax cash flow: $2,730/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: Milton Area SD
• NCES district ID: 4215480
• Math proficiency: 37% ▼ -12.00%
• Reading proficiency: 55% ▼ -7.00%
• Median HH income: $44,428
• Composite: 38.87/100
• National rank: #4101
• State rank: #264 of 539 in PA

Livability — Milton

• Score: 67/100
• State rank: #951
• US rank: #10433

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Milton, PA
• County: Northumberland County · 11,260 people
• City population: 11,260
• Metro: Sunbury, PA
• Population (ZIP): 11,260
• Household income: $58,775
• Rent vs Own: 34.4% rent · 65.6% own
• Severe rent burden: 112.0

Population outlook (Northumberland County) Hauer SSP2

• Today (2025): 90,896 people
• By 2030: 89,084 · -2.0%
• By 2040: 84,822 · -6.7%
• By 2050: 80,521 · -11.4%
• By 2075: 72,152 · -20.6%
• By 2100: 62,257 · -31.5%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (90%)
• Race & ethnicity: White 90% Hispanic / Latino 6% Two or more races 2%
• Hispanic origin (detail): Mexican 2% Puerto Rican 2% Dominican 2%
• Common ancestry: Slovak 7% Iranian 3% Romanian 2%
• Foreign-born: 4% · Canada
• Languages at home: 95% English-only · Spanish 3% German/W. Germanic 1% Other Asian/Pacific 1%

Political lean MEDSL · Northumberland

• 2024 margin: Solid R (+39.9) · D 29.6% · R 69.5%
• 2008→2024 swing: -26.1pp toward R · 2008: -13.8pp · 2024: -39.9pp
• All cycles: 2024: R+39.9 2020: R+38.5 2016: R+43.6 2012: R+19.4 2008: R+13.8

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -52.06%
• Current HPI: 197.0117
• Rent YoY: —
• Metro: Sunbury, PA
• 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

-0.1% since first listed

9 events — show timeline

• 2026-05-11 Contingent — WBVAR
• 2026-05-11 Contingent — CSVBR
• 2026-05-11 Pending — BRIGHT MLS
• 2026-05-08 Listed $134,900 BRIGHT MLS
• 2026-05-07 Listed $134,900 CSVBR
• 2026-05-07 Listed $134,900 WBVAR
• 2022-07-29 Sold (MLS) $114,500 CSVBR
• 2022-04-27 Listed $109,740 CSVBR
• 2021-08-10 Sold (Public Records) $135,000 Public Records

Property tax history

+3.2%/yr

Latest (2026): $1,077 · +3.5% YoY. Source: county tax records.