2059 Candlewood Dr · Penn Estates, PA 18301

$274,900

3 bd · 2.0 ba · 1,520 sqft · SingleFamily public records · 10 Days on market

Built 1982 0.37 ac lot $114/mo HOA · 5% of rent

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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).

• Cash flow +11.0/30.0
• ARV discount +7.5/15.0
• Rent growth +5.0/5.0
• Schools +3.6/10.0
• 1% rule +3.4/10.0
• Livability +3.4/5.0
• DSCR +3.2/10.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

* * Back on the market due to buyers financing * * One of a kind 3BD/2BA chalet/contemporary style home located in the desirable gated, lakeside community of Penn Estates. Perfect for a short-term rental investment opportunity, vacation home, or a primary residence. Located in the heart of the Poconos, close to i80 & major Pocono attractions such as Camelback Mtn, Mt. Airy Casino, shopping & water parks! Within walking distance to community amenities such as the clubhouse, tennis courts, basketball courts and pool. Home features vaulted ceilings, loft, spacious living room, stone faced wood-burning fireplace, mudroom, freshly paved driveway, one-car garage, low taxes & so much more. Call your agent today for a private showing!

Key facts

• Access to lakes
• Fitness center
• Access to beaches

Tags

• ACCESS TO LAKES
• ACCESS TO BEACHES
• TENNIS BASKETBALL COURTS
• FITNESS CENTER
• 24 HOUR GATED SECURITY
• SOARING VAULTED CEILINGS

Property features AI

Finance

• Financial info: Association fee: $1,366 annually
• HOA & community: Homeowners association with annual fee; Association fee includes snow removal and security; Community amenities: gated entry, security, clubhouse, dog park, playground, tennis courts, basketball court, pool

Exterior

• Parking: Open parking with 4 spaces; Driveway; off-street paved parking
• Security: Carbon monoxide detectors; Smoke detectors
• Utilities: Public water; Public sewer; 200+ amp electric service with circuit breakers and fuses
• Home design: Single family residence; Residential property; House with 2 stories; Faces northwest; Entry level information not specified
• Construction: Built on block foundation; Asphalt roof; Structure type: House
• Exterior features: Deck; Level, wooded lot; Paved private road frontage; private maintained road

Interior

• Kitchen: Electric oven/range; Oven; Range; Refrigerator; Dishwasher; Microwave; Stainless steel appliances
• Bedrooms: Total rooms: 5
• Flooring: Carpet; Hardwood; Tile
• Bathrooms: 2 full bathrooms
• Heating & cooling: Wood and electric heating; Fireplace heating; Ceiling fans; Window air conditioning units
• Interior features: High ceilings and vaulted ceilings; Open floor plan; Ceiling fans; Unfurnished; Living room stone, wood-burning fireplace (1)
• Laundry & utility: Washer and dryer included; Washer hookup and electric dryer hookup on main level

What this means for you Summary

Snapshot

• This is a 3-bed/2.0-bath single-family listed at $275k.

Deal economics

• At list price, monthly cash flow is $-115 ($-1k/yr) — negative.
• To cash-flow at today's rent, offer at most $255k (7.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $231k (15.9% below list).
• Recommended offer: $231k (15.9% below list) — sets the bar for 1% rule.
• Cap rate 5.8% vs local median 3.8% in Penn 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 (#915 in PA) — a middle-class / working-renter tenant base. Strengths: employment A+, cost of living A+, housing A+; Watch: health & safety D, schools D-, amenities F.
• Stroudsburg Area SD (suburban): math 33% / reading 49% proficiency, ranked #315 of 539 in PA (top 58%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: Rents rising fast (+10.4%/yr); 196 active listings in the ZIP; solid renter incomes; 278 units permitted in Monroe County in 2024 (52 in 5+ unit buildings).
• This rent runs 31% of the median local income ($91k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $2k of loan paydown is wiped out by about $8k 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.

Negotiation context

• Only 10 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 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 $220k; 25% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Recommended offer $231,307 (15.9% 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. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
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: 0.84% ✗
• Cap rate: 5.79%
• Cash-on-cash: -1.79%
• DSCR: 0.92
• GRM: 9.9

CMA / ARV

No comps found within radius.

Projected returns pro-forma

-3.0% appreciation · 8.0% rent growth · sell at horizon

5-year hold

• IRR: -13.7%
• Equity multiple: 0.49×
• Total profit: $-39,584
• Equity at exit: $40,988

10-year hold

• IRR: 1.8%
• Equity multiple: 1.16×
• Total profit: $11,986
• Equity at exit: $23,768

Cash invested: $76,972 (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 18301

• Rents YoY: 10.4%
• Active inventory: 196
• Price-to-rent: 9.9×

Monthly cashflow live

• Estimated rent: $2,313 medium
• Mortgage (P&I): −$1,442
• Tax from tax record: −$272 /mo · $3,266/yr
• Insurance: −$115
• HOA: −$114
• Vacancy / Maint / Mgmt: −$486
• Net cashflow: $-115

Break-even live

Break-even rent $2,459

Max offer price $254,588

Occupancy floor 100%

Sensitivity live

Price	-10% $41	-5% $-37	+0% $-115	+5% $-193	+10% $-271
Rent	-10% $-298	-5% $-206	+0% $-115	+5% $-24	+10% $68
Rate	-1.0pp $23	-0.5pp $-45	base $-115	+0.5pp $-186	+1.0pp $-259

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: $68,725
• Closing costs: $8,247
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $114 · $1,368/yr
• Likely covers: waterpoolsecurity

Listing history 9 events

1. 2026-06-19
   days on market $274,900 Active 10 DOM
2. 2026-06-18
   days on market $274,900 Active 9 DOM
3. 2026-06-17
   days on market $274,900 Active 8 DOM
4. 2026-06-16
   days on market $274,900 Active 7 DOM
5. 2026-06-15
   days on market $274,900 Active 6 DOM
6. 2026-06-14
   days on market $274,900 Active 4 DOM
7. 2026-06-13
   days on market $274,900 Active 3 DOM
8. 2026-06-09
   remarks 679-char remark
9. 2026-06-09
   listed $274,900 Active 1 DOM

ⓘ 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: $3,266 · $272/mo
• Projected year-2 tax: $3,805 · $317/mo
• Expected delta: +$539/yr (+$45/mo · 16.5%)

ⓘ 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 3/10 Moderate 7 d/yr ≥97°F today · 15 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 12% 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: $27,757
• − Mortgage interest: −$15,399
• − Property taxes: −$3,266
• − Insurance: −$1,374
• − Repairs & maintenance: −$2,221
• − Management: −$2,221
• − HOA: −$1,368
• − Depreciation: −$7,997
• Taxable loss: −$6,088
• Est. tax savings @ 24.0%: +$1,461
• After-tax cash flow: $81/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: Stroudsburg Area SD
• NCES district ID: 4222860
• Math proficiency: 33% ▼ -10.00%
• Reading proficiency: 49% ▼ -15.00%
• Median HH income: $59,061
• Composite: 36.13/100
• National rank: #4747
• State rank: #315 of 539 in PA

Livability — Penn Estates

• Score: 68/100
• State rank: #915
• US rank: #9917

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Penn Estates, PA
• County: Monroe County · 59,057 people
• Metro: East Stroudsburg, PA
• Population (ZIP): 28,977
• Household income: $90,522
• Rent vs Own: 26.0% rent · 74.0% own
• Severe rent burden: 672.0

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 0.64)
• Race & ethnicity: White 53% Black 21% Hispanic / Latino 18% Two or more races 10% Asian 2%
• Hispanic origin (detail): Puerto Rican 8% Dominican 3%
• Common ancestry: Romanian 6% Lithuanian 3% Portuguese 1%
• Foreign-born: 12% · Canada, China, Jamaica
• Languages at home: 82% English-only · Spanish 9% Russian/Polish/Slavic 2% Other Indo-European 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: ▼ -109.90%
• Current HPI: 154.4762
• Rent YoY: ▲ 10.44%
• Metro: East Stroudsburg, 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

+244.1% since first listed

6 events — show timeline

• 2026-06-09 Listed $274,900 PMAR
• 2022-08-17 Sold (Public Records) $220,000 Public Records
• 2022-08-16 Sold (MLS) $220,000 PMAR
• 2022-05-05 Listed $220,000 PMAR
• 2022-03-15 Listed $220,000 PMAR
• 1988-04-11 Sold (Public Records) $79,900 Public Records

Property tax history

-0.1%/yr

Latest (2026): $3,266 · -0.0% YoY. Source: county tax records.