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93 1/2 Carroll St
C Composite 59.44
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

93 1/2 Carroll St · Pittston, PA 18640
2 bd · 1.0 ba · 1,505 sqft · SingleFamily · 269 Days on market
Built 1999 Good condition 6,969 sqft lot $86/sqft · 27% below area Est $178k · 27% under

🖨 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

RENOVATED HALF-DOUBLE HOMEMODERN STYLISH INTERIORLUXURY VINYL PLANK FLOORINGQUARTZ COUNTERTOPSQUARTZ BACKSPLASHSTAINLESS STEEL APPLIANCES

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

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.
Recommended offer $114,400 (12.0% below list)

Questions for the listing agent

  1. 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?
  2. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  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
1.02%
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

5-year hold
IRR
-8.4%
Equity multiple
0.69×
Total profit
$-11,261
Equity at exit
$19,383
10-year hold
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
10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

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

Break-even rent $1,137
Max offer price $130,000
Occupancy floor 83%

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

AddressBedsBaths SqftRent$/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

  1. 2026-06-07
    statusdays on market $130,000 Pending 269 DOM
  2. 2026-06-02
    days on market $130,000 Active 267 DOM
  3. 2026-06-01
    days on market $130,000 Active 266 DOM
  4. 2026-05-31
    days on market $130,000 Active 265 DOM
  5. 2026-05-30
    days on market $130,000 Active 264 DOM
  6. 2026-03-03
    status 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

  7. 2025-03-28
    price $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

  8. 2025-03-18
    listed $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

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Walkable amenities ~0.75 mi

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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
combined federal + state — saved on this device
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

Good 80/100 Cosmetic rehab

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

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

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

Price history

+18.2% since first listed
3 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

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

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