338 Hollow Rd · Middle Smithfield, PA 18302

$179,999

2 bd · 3.0 ba · 1,484 sqft · Condo public records · 34 Days on market

Built 1986 $25/mo HOA · 1% of rent

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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 +26.8/30.0
• DSCR +9.2/10.0
• ARV discount +7.5/15.0
• 1% rule +6.8/10.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Location! Location! Location! 2 Bedroom 3 Bath- 1st floor Condo For sale! Located in the Heart of the Pocono Mountains!! Across the street from Shawnee Ski Mountain ( Walking Distance). Awesome Ski Mountain views. Updated inside: Stainless Steel Kitchen Appliances, Newer Washer / Dryer. Close to all major highways!! Shopping, Hospitals, Hiking, Skiing, Rafting, Biking, Fishing, Hunting, National Park Service, And More!! Did I mention the LOW! LOW! LOW! Taxes!! A Must see!! Call Today!!

Key facts

• Minutes from skiing
• $25 HOA
• 2 parking spots

Tags

• PRIME LOCATION NEAR ROUTE 80
• MINUTES FROM SKIING

Property features AI

Finance

• Financial info: Tax: $1,794.86 (annual)
• HOA & community: Homeowners association with an annual fee of $300 ($25/month equivalent); HOA covers trash, snow removal, and grounds maintenance

Exterior

• Parking: Open parking with 2 spaces
• Home design: Condominium (residential); Single-story
• Construction: No construction details provided
• Exterior features: Subdivision: Northslope I; Directions: Route 209, right on Hollow Rd.

Interior

• Kitchen: Breakfast bar (kitchen feature)
• Bedrooms: Total rooms: 8
• Flooring: Carpet
• Bathrooms: 3 full bathrooms
• Interior features: Breakfast bar; Unfurnished; Fireplace (1)
• Laundry & utility: Laundry closet

What this means for you Summary

Snapshot

• This is a 2-bed/3.0-bath condo listed at $180k.

Deal economics

• At list price, monthly cash flow is $491 ($6k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $180k).
• Recommended offer: $175k (3.0% below list) — sets the bar for market timing.

Location & tenants

• Location reads: area grade C — affects rentability + tenant quality, not the cash-flow math above.
• East Stroudsburg Area SD (rural): math 25% / reading 43% proficiency, ranked #413 of 539 in PA (top 77%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 272 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 75% of comp listings sitting > 30 days — soft ceiling on asking rent; 278 units permitted in Monroe County in 2024 (52 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $5k of value loss. Plan a longer hold.
• Monroe County population projected at -11% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $50k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 34 days — a 3% lower offer ($175k) is reasonable based on typical stale-listing flexibility.
• 4 sale attempts since 12y 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 $100k; list at $180k implies a 80% gain — meaningful room to come down on a strong offer.

Recommended offer $174,599 (3.0% below list)

Questions for the listing agent

1. It's been on market 34 days. Have you received any prior offers? Is the seller open to a 3% 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. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
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 apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.18% ✓
• Cap rate: 9.57%
• Cash-on-cash: 11.70%
• DSCR: 1.52
• GRM: 7.0

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold

• IRR: 1.1%
• Equity multiple: 1.04×
• Total profit: $2,122
• Equity at exit: $26,838

10-year hold

• IRR: 10.7%
• Equity multiple: 1.84×
• Total profit: $42,137
• Equity at exit: $15,563

Cash invested: $50,400 (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 18302

• Home prices YoY: -20.6%
• Active inventory: 272
• Price-to-rent: 7.0×

Monthly cashflow live

• Estimated rent: $2,128 medium
• Mortgage (P&I): −$944
• Tax from tax record: −$146 /mo · $1,755/yr
• Insurance: −$75
• HOA: −$25
• Vacancy / Maint / Mgmt: −$447
• Net cashflow: $491

Break-even live

Break-even rent $1,507

Max offer price $179,999

Occupancy floor 72%

Sensitivity live

Price	-10% $593	-5% $542	+0% $491	+5% $440	+10% $389
Rent	-10% $323	-5% $407	+0% $491	+5% $575	+10% $659
Rate	-1.0pp $582	-0.5pp $537	base $491	+0.5pp $445	+1.0pp $397

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: $45,000
• Closing costs: $5,400
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
63 Ridgeview Cir Unit A East Stroudsburg, PA	2.0	1.5	1450	$2,300	$1.59	45d	1	0.46mi
19 Mount Nebo Rd East Stroudsburg, PA	2.0	1.0	960	$1,872	$1.95	0d	9	1.27mi
25 Mount Nebo Rd Apt 110 East Stroudsburg, PA	2.0	1.0	960	$1,895	$1.97	45d	1	1.41mi
25 Mount Nebo Rd East Stroudsburg, PA	2.0	1.0	960	$1,850	$1.93	45d	1	1.45mi

HOA detail condo

• Monthly dues: $25 · $300/yr
• Assessments: None detected in remarks — confirm with the listing agent.

Listing history 27 events

1. 2026-06-21
   days on market $179,999 Active 34 DOM
2. 2026-06-19
   days on market $179,999 Active 32 DOM
3. 2026-06-18
   days on market $179,999 Active 31 DOM
4. 2026-06-17
   days on market $179,999 Active 30 DOM
5. 2026-06-16
   days on market $179,999 Active 29 DOM
6. 2026-06-15
   days on market $179,999 Active 28 DOM
7. 2026-06-14
   days on market $179,999 Active 26 DOM
8. 2026-06-13
   days on market $179,999 Active 25 DOM
9. 2026-06-10
   days on market $179,999 Active 23 DOM
10. 2026-06-09
    days on market $179,999 Active 22 DOM
11. 2026-06-08
    days on market $179,999 Active 21 DOM
12. 2026-06-07
    days on market $179,999 Active 20 DOM
13. 2026-06-05
    days on market $179,999 Active 17 DOM
14. 2026-06-02
    days on market $179,999 Active 15 DOM
15. 2026-06-01
    days on market $179,999 Active 14 DOM
16. 2026-05-31
    days on market $179,999 Active 13 DOM
17. 2026-05-30
    days on market $179,999 Active 12 DOM
18. 2026-05-19
    price $179,999
19. 2026-05-18
    listed $179,000 Active
20. 2021-01-11
    soldstatus $99,900 492-char remark

    Show marketing remark (492 chars)

    Location! Location! Location! 2 Bedroom 3 Bath- 1st floor Condo For sale! Located in the Heart of the Pocono Mountains!! Across the street from Shawnee Ski Mountain ( Walking Distance). Awesome Ski Mountain views. Updated inside: Stainless Steel Kitchen Appliances, Newer Washer / Dryer. Close to all major highways!! Shopping, Hospitals, Hiking, Skiing, Rafting, Biking, Fishing, Hunting, National Park Service, And More!! Did I mention the LOW! LOW! LOW! Taxes!! A Must see!! Call Today!!

21. 2020-08-14
    listed $99,900 492-char remark

    Show marketing remark (492 chars)

    Location! Location! Location! 2 Bedroom 3 Bath- 1st floor Condo For sale! Located in the Heart of the Pocono Mountains!! Across the street from Shawnee Ski Mountain ( Walking Distance). Awesome Ski Mountain views. Updated inside: Stainless Steel Kitchen Appliances, Newer Washer / Dryer. Close to all major highways!! Shopping, Hospitals, Hiking, Skiing, Rafting, Biking, Fishing, Hunting, National Park Service, And More!! Did I mention the LOW! LOW! LOW! Taxes!! A Must see!! Call Today!!

22. 2015-08-07
    listed $60,000
23. 2014-09-03
    soldstatus $55,000
24. 2014-06-28
    listed $54,900
25. 2005-09-27
    soldstatus $123,600
26. 2004-02-20
    soldstatus $98,000
27. 2003-02-05
    soldstatus $92,250

ⓘ 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: $1,755 · $146/mo
• Projected year-2 tax: $2,300 · $192/mo
• Expected delta: +$544/yr (+$45/mo · 31.0%)

ⓘ 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 ≥96°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 11% 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: $25,542
• − Mortgage interest: −$10,083
• − Property taxes: −$1,755
• − Insurance: −$900
• − Repairs & maintenance: −$2,043
• − Management: −$2,043
• − HOA: −$300
• − Depreciation: −$5,236
• Taxable income: $3,181
• Est. tax owed @ 24.0%: −$763
• After-tax cash flow: $5,132/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: East Stroudsburg Area SD
• NCES district ID: 4208670
• Math proficiency: 25% ▼ -11.00%
• Reading proficiency: 43% ▼ -18.00%
• Median HH income: $57,142
• Composite: 30.13/100
• National rank: #6332
• State rank: #413 of 539 in PA

Livability — Middle Smithfield

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

Census & demographics

• Population (ZIP): 17,593

Population outlook (Monroe County) Hauer SSP2

• Today (2025): 164,099 people
• By 2030: 161,412 · -1.6%
• By 2040: 154,616 · -5.8%
• By 2050: 146,710 · -10.6%
• By 2075: 140,830 · -14.2%
• By 2100: 138,472 · -15.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.63)
• Race & ethnicity: White 53% Hispanic / Latino 24% Black 17% Two or more races 12% Asian 2%
• Hispanic origin (detail): Puerto Rican 8% Dominican 2%
• Common ancestry: Romanian 4% Lithuanian 2% Slovak 2%
• Foreign-born: 13% · Canada, Jamaica
• Languages at home: 79% English-only · Spanish 13% Other Indo-European 2% French/Haitian/Cajun 2%

Political lean MEDSL · Monroe

• 2024 margin: Toss-up / Even · D 49.1% · R 49.9%
• 2008→2024 swing: -17.1pp toward R · 2008: 16.3pp · 2024: -0.8pp
• All cycles: 2024: R+0.8 2020: D+6.4 2016: D+0.3 2012: D+14.0 2008: D+16.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -41.00%
• Current HPI: 157.9833
• 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

+95.1% since first listed

10 events — show timeline

• 2026-05-19 Price Changed $179,999 PMAR
• 2026-05-18 Listed $179,000 PMAR
• 2021-01-11 Sold (MLS) $99,900 PMAR
• 2020-08-14 Listed $99,900 PMAR
• 2015-08-07 Listed $60,000 PMAR
• 2014-09-03 Sold (MLS) $55,000 PMAR
• 2014-06-28 Listed $54,900 PMAR
• 2005-09-27 Sold (Public Records) $123,600 Public Records
• 2004-02-20 Sold (Public Records) $98,000 Public Records
• 2003-02-05 Sold (Public Records) $92,250 Public Records

Property tax history

-8.5%/yr

Latest (2026): $1,755 · +1.6% YoY. Source: county tax records.