93 1/2 Carroll St · Pittston, PA
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $507 – $1,088
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $511 – $949
Heat risk 4/10 · Minor
- Hot days now (above 96°F)
- 7 days/yr
- Hot days in 30 yrs
- 16 days/yr
Wind risk 3/10 · Minor
- Chance of severe wind over 30 yrs
- 5.0%
Air-quality risk 2/10 · Minimal
- Unhealthy air days now
- 1 days/yr
- Unhealthy air days in 30 yrs
- 2 days/yr
Risk factors via First Street. Map © Google.
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 +19.8/30.0
- ARV discount +15.0/15.0
- DSCR +6.3/10.0
- 1% rule +5.2/10.0
- Condition / age +4.0/5.0
- Livability +3.7/5.0
- Schools +3.0/10.0
- Rent growth +2.5/5.0
- Appreciation +0.0/10.0
$130,000
🖨 Deal sheet 📄 Offer letter ✓ Due diligence
Listing remarks MLS
Discover this beautifully renovated half-double home, perfectly situated in the heart of downtown Pittston and just minutes from shopping centers, dining, and entertainment. This move-in-ready gem boasts a modern, stylish interior with brand-new luxury vinyl plank flooring throughout the main living areas, offering durability and elegance. This luxurious kitchen features stunning quartz countertops and a matching quartz backsplash, complemented by brand-new stainless steel appliances perfect for cooking and entertaining. The spacious bathroom has been completely updated with custom ceramic tile walls and contemporary fixtures, creating a spa-like atmosphere. The bedrooms offer comfort and warmth with new plush hydro allergenic carpeting, while the entire home is freshly painted with a beautiful sky blue, ready for your family to move in!Step outside to enjoy the stone paver yard, ideal for low-maintenance outdoor living, and a brand-new deck--perfect for relaxing or hosting gatherings. A personalized private laundry room on the first floor for easy access! With its unbeatable downtown location, you'll enjoy easy access to local shops, restaurants, and public transportation. Don't miss your chance to own this stylish, fully updated home that perfectly blends modern finishes with a convenient location. On street parking Schedule your showing today! Low taxes! Hablamos Espanol
Key facts
- Quartz backsplash
- Quartz countertops
- 6,969 sq ft lot
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 2-bed/1.0-bath single-family listed at $130k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $154 ($2k/yr) — positive.
- The deal already cash-flows at list — no discount required.
- Meets the 1% rule at list price ($1k rent vs $130k).
- Recommended offer: $114k (12.0% below list) — sets the bar for market timing.
Location & tenants
- Location reads 74/100 on livability (#493 in PA, #4,549 nationally) — a middle-class / working-renter tenant base. Strengths: crime A+, cost of living A+, health & safety A+; Watch: amenities F, commute F, employment F.
- Pittston Area SD (suburban): math 30% / reading 40% proficiency, ranked #418 of 539 in PA (top 78%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
- Market conditions: 103 active listings in the ZIP; 14 comparable units currently listed for rent nearby; rentals at typical pace (median 21d on market — plan ~3-4 weeks tenant-placement turnaround); 43% of comp listings sitting > 30 days — soft ceiling on asking rent; 349 units permitted in Luzerne County in 2024 (16 in 5+ unit buildings).
Forward outlook
- Local home prices are declining (-3.0%/yr); year-one equity from $899 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
- Luzerne County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
Negotiation context
- It's been on market 269 days — a 12% lower offer ($114k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask is 18% above the opening price — seller raised mid-cycle; expect resistance to lowballs.
Questions for the listing agent
- It's been on market 269 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- 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.
- 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.
- 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
- 1.02% ✓
- Cap rate
- 7.71%
- Cash-on-cash
- 5.06%
- DSCR
- 1.23
- GRM
- 8.1
CMA / ARV
- ARV (median comp)
- $177,801
- List price
- $130,000
- Delta
- -26.88%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 16 Sand St | 0.04mi | 3/2.0 (+1) | 1,474 (-2%) | 5mo | $145,100 | $98 | 82 |
| 14 Mill Hill St | 0.23mi | 3/2.0 (+1) | 1,542 (+2%) | 1mo | $175,000 | $113 | 75 |
| 109 Church St | 0.15mi | 3/2.0 (+1) | 1,530 (+2%) | 7mo | $210,000 | $137 | 75 |
| 195 Mill St | 0.13mi | 3/1.0 (+1) | 1,624 (+8%) | 2mo | $185,000 | $114 | 74 |
| 101 Mill St | 0.09mi | 3/1.5 (+1) | 1,600 (+6%) | 7mo | $250,000 | $156 | 73 |
| 7 Chestnut St | 0.65mi | 3/2.0 (+1) | 1,539 (+2%) | 1mo | $270,000 | $175 | 56 |
| 226 Parsonage St | 0.57mi | 2/1.0 | 1,386 (-8%) | 5mo | $79,900 | $58 | 56 |
| 179 Railroad St | 0.68mi | 2/1.0 | 1,420 (-6%) | 6mo | $95,000 | $67 | 54 |
| 54 Columbus Ave | 0.63mi | 3/1.5 (+1) | 1,536 (+2%) | 7mo | $149,000 | $97 | 54 |
| 155 Parsonage St | 0.46mi | 3/1.5 (+1) | 1,671 (+11%) | 3mo | $126,500 | $76 | 50 |
| 314 Excelsior St | 0.61mi | 3/2.0 (+1) | 1,400 (-7%) | 7mo | $135,000 | $96 | 45 |
| 50 Bryden St | 0.66mi | 2/1.0 | 1,297 (-14%) | 8mo | $119,000 | $92 | 40 |
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
- IRR
- -8.4%
- Equity multiple
- 0.69×
- Total profit
- $-11,261
- Equity at exit
- $19,383
- IRR
- 1.1%
- Equity multiple
- 1.08×
- Total profit
- $2,875
- Equity at exit
- $11,240
Cash invested: $36,400 (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
ZIP-level market 18640
- Home prices YoY
- -34.9%
- Active inventory
- 103
- Price-to-rent
- 8.1×
Monthly cashflow live
- Estimated rent
- $1,332 high interval (Pro) →
- Mortgage (P&I)
- −$682
- Tax est. 1.5%
- −$162 /mo · $1,950/yr
- Insurance
- −$54
- HOA
- −$0
- Vacancy / Maint / Mgmt
- −$280
- Net cashflow
- $154
Break-even live
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
- $32,500
- Closing costs
- $3,900
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Down + closing
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 14 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 197 Rear Broad St Pittston, PA | 2.0 | 2.0 | 1800 | $1,350 | $0.75 | 43d | 1 | 0.37mi |
| 197 Rear Broad St Pittston, PA | 2.0 | 2.0 | 1600 | $1,350 | $0.84 | 13d | 1 | 0.37mi |
| 7 Miller St Pittston, PA | 2.0 | 1.0 | 1120 | $1,150 | $1.03 | 13d | 1 | 0.43mi |
| 109 Main St Pittston, PA | 2.0–3.0 | 2.0 | 1070 | $975 | $0.91 | 13d | 1 | 0.48mi |
| 178 Parsonage St Pittston, PA | 3.0 | 1.0 | 1500 | $1,500 | $1.00 | 13d | 1 | 0.51mi |
| 340 Race St West Pittston, PA | 3.0 | 1.5 | 1889 | $1,550 | $0.82 | 20d | 1 | 0.65mi |
| 211 Montgomery Ave Unit 211 West Pittston, PA | 3.0 | 2.0 | 1916 | $1,600 | $0.84 | 13d | 1 | 0.85mi |
| 202 Philadelphia Ave West Pittston, PA | 2.0 | 1.5 | 1550 | $1,600 | $1.03 | 13d | 1 | 0.94mi |
| 226 Fremont St West Pittston, PA | 3.0 | 2.0 | 1140 | $1,395 | $1.22 | 13d | 1 | 1.09mi |
| 327 Fremont St Unit 329 West Pittston, PA | 3.0 | 1.0 | 1250 | $1,400 | $1.12 | 43d | 1 | 1.10mi |
| 329 Fremont St West Pittston, PA | 3.0 | 1.0 | 1250 | $1,400 | $1.12 | 43d | 1 | 1.11mi |
| 524 Spring St Pittston, PA | 2.0 | 1.0 | 1450 | $900 | $0.62 | 43d | 1 | 1.15mi |
| 524 Spring St #2 Jenkins Township, PA | 2.0 | 1.0 | 1300 | $925 | $0.71 | 43d | 1 | 1.15mi |
| 37 Hale St Yatesville, PA | 3.0 | 2.0 | 2050 | $1,600 | $0.78 | 43d | 1 | 1.35mi |
Listing history 8 events
-
2026-06-07statusdays on market $130,000 Pending 269 DOM
-
2026-06-02days on market $130,000 Active 267 DOM
-
2026-06-01days on market $130,000 Active 266 DOM
-
2026-05-31days on market $130,000 Active 265 DOM
-
2026-05-30days on market $130,000 Active 264 DOM
-
2026-03-03status Active 1397-char remark
Show marketing remark (1397 chars)
Discover this beautifully renovated half-double home, perfectly situated in the heart of downtown Pittston and just minutes from shopping centers, dining, and entertainment. This move-in-ready gem boasts a modern, stylish interior with brand-new luxury vinyl plank flooring throughout the main living areas, offering durability and elegance. This luxurious kitchen features stunning quartz countertops and a matching quartz backsplash, complemented by brand-new stainless steel appliances perfect for cooking and entertaining. The spacious bathroom has been completely updated with custom ceramic tile walls and contemporary fixtures, creating a spa-like atmosphere. The bedrooms offer comfort and warmth with new plush hydro allergenic carpeting, while the entire home is freshly painted with a beautiful sky blue, ready for your family to move in!Step outside to enjoy the stone paver yard, ideal for low-maintenance outdoor living, and a brand-new deck--perfect for relaxing or hosting gatherings. A personalized private laundry room on the first floor for easy access! With its unbeatable downtown location, you'll enjoy easy access to local shops, restaurants, and public transportation. Don't miss your chance to own this stylish, fully updated home that perfectly blends modern finishes with a convenient location. On street parking Schedule your showing today! Low taxes! Hablamos Espanol
-
2025-03-28price $130,000 1397-char remark
Show marketing remark (1397 chars)
Discover this beautifully renovated half-double home, perfectly situated in the heart of downtown Pittston and just minutes from shopping centers, dining, and entertainment. This move-in-ready gem boasts a modern, stylish interior with brand-new luxury vinyl plank flooring throughout the main living areas, offering durability and elegance. This luxurious kitchen features stunning quartz countertops and a matching quartz backsplash, complemented by brand-new stainless steel appliances perfect for cooking and entertaining. The spacious bathroom has been completely updated with custom ceramic tile walls and contemporary fixtures, creating a spa-like atmosphere. The bedrooms offer comfort and warmth with new plush hydro allergenic carpeting, while the entire home is freshly painted with a beautiful sky blue, ready for your family to move in!Step outside to enjoy the stone paver yard, ideal for low-maintenance outdoor living, and a brand-new deck--perfect for relaxing or hosting gatherings. A personalized private laundry room on the first floor for easy access! With its unbeatable downtown location, you'll enjoy easy access to local shops, restaurants, and public transportation. Don't miss your chance to own this stylish, fully updated home that perfectly blends modern finishes with a convenient location. On street parking Schedule your showing today! Low taxes! Hablamos Espanol
-
2025-03-18$110,000 Active 1397-char remark
Show marketing remark (1397 chars)
Discover this beautifully renovated half-double home, perfectly situated in the heart of downtown Pittston and just minutes from shopping centers, dining, and entertainment. This move-in-ready gem boasts a modern, stylish interior with brand-new luxury vinyl plank flooring throughout the main living areas, offering durability and elegance. This luxurious kitchen features stunning quartz countertops and a matching quartz backsplash, complemented by brand-new stainless steel appliances perfect for cooking and entertaining. The spacious bathroom has been completely updated with custom ceramic tile walls and contemporary fixtures, creating a spa-like atmosphere. The bedrooms offer comfort and warmth with new plush hydro allergenic carpeting, while the entire home is freshly painted with a beautiful sky blue, ready for your family to move in!Step outside to enjoy the stone paver yard, ideal for low-maintenance outdoor living, and a brand-new deck--perfect for relaxing or hosting gatherings. A personalized private laundry room on the first floor for easy access! With its unbeatable downtown location, you'll enjoy easy access to local shops, restaurants, and public transportation. Don't miss your chance to own this stylish, fully updated home that perfectly blends modern finishes with a convenient location. On street parking Schedule your showing today! Low taxes! Hablamos Espanol
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 4/10 Moderate 7 d/yr ≥96°F today · 16 d/yr by 30 yrs out
- Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
- Air quality 2/10 Low 1 unhealthy d/yr today · 2 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
Loading nearby amenities…
Taxation est. · year 1
- Rental income
- $15,980
- − Mortgage interest
- −$7,282
- − Property taxes
- −$1,950
- − Insurance
- −$650
- − Repairs & maintenance
- −$1,278
- − Management
- −$1,278
- − Depreciation
- −$3,782
- Taxable loss
- −$241
- Est. tax savings @ 24.0%
- +$58
- After-tax cash flow
- $1,901/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.
Condition & rehab AI · 12 photos
This beautifully renovated half-double home is move-in ready with modern updates and a stylish interior. It offers a good condition score and is ready for a new owner or tenant.
Value-add opportunities
- Both Painting the exterior — Enhances curb appeal and value
- Both Landscaping the front yard — Improves curb appeal and rental value
- Both Adding a smart thermostat — Improves energy efficiency and comfort
- Both Upgrading the lighting fixtures — Enhances curb appeal and rental value
Renovation cost estimate screening
Value-add ROI direction
- Both Painting the exterior — Enhances curb appeal and value ↑
- Both Landscaping the front yard — Improves curb appeal and rental value ↑
- Both Adding a smart thermostat — Improves energy efficiency and comfort ↑
- Both Upgrading the lighting fixtures — Enhances curb appeal and rental value ↑
ⓘ Cost ranges are severity-bucket heuristics (US national rule-of-thumb). Get contractor quotes + a written scope before underwriting a rehab budget.
Schools (NCES district)
- District
- Pittston Area SD
- NCES district ID
- 4219200
- Math proficiency
- 30% ▼ -12.00%
- Reading proficiency
- 40% ▼ -19.00%
- Median HH income
- $45,316
- Composite
- 29.86/100
- National rank
- #6409
- State rank
- #418 of 539 in PA
Livability — Pittston
- Score
- 74/100
- State rank
- #493
- US rank
- #4549
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Pittston, PA
- Population (ZIP)
- 16,418
Population outlook (Luzerne County) Hauer SSP2
- Today (2025)
- 319,505 people
- By 2030
- 319,943 · +0.1%
- By 2040
- 322,643 · +1.0%
- By 2050
- 330,817 · +3.5%
- By 2075
- 379,145 · +18.7%
- By 2100
- 431,908 · +35.2%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (85%)
- Race & ethnicity
- White 85% Hispanic / Latino 6% Two or more races 5% Black 4%
- Hispanic origin (detail)
- Puerto Rican 4%
- Common ancestry
- Romanian 19% Scotch-Irish 2% Iranian 1%
- Foreign-born
- 3% · Canada, Jamaica
- Languages at home
- 93% English-only · Spanish 4% Other Indo-European 1% Chinese 1%
Political lean MEDSL · Luzerne
- 2024 margin
- R (+19.2) · D 40.0% · R 59.2%
- 2008→2024 swing
- -27.6pp toward R · 2008: 8.4pp · 2024: -19.2pp
- All cycles
- 2024: R+19.2 2020: R+14.4 2016: R+19.6 2012: D+4.8 2008: D+8.4
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -102.89%
- Current HPI
- 191.973
- 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 |
|
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| Financial Services | 1 | $20B |
|
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| Chemicals / Materials | 1 | $18B |
|
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Price history
+18.2% since first listed3 events — show timeline
- 2026-03-03 Relisted — GSBR as distributed by MLS GRID
- 2025-03-28 Price Changed $130,000 GSBR as distributed by MLS GRID
- 2025-03-18 Listed $110,000 GSBR as distributed by MLS GRID
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…