3029 Derry St · Paxtang, PA 17111

$185,000

3 bd · 1.5 ba · 1,434 sqft · SingleFamily public records · 1 Days on market

Built 1925 2,178 sqft lot Est $241k · 23% under

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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).

• ARV discount +15.0/15.0
• Cash flow +13.3/30.0
• Livability +4.1/5.0
• DSCR +4.0/10.0
• 1% rule +3.6/10.0
• Schools +3.6/10.0
• Rent growth +3.4/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Beautiful brick & stone home fully renovated! New windows, custom kitchen with stainless appliances, 1.5 baths fully remodeled baths, 3 bedrooms plus finished 3rd floor great for 4th bedroom or additional living space, all new paint and flooring, new HVAC, plus a detached garage. Don't miss this opportunity!

Key facts

• Garage
• Built 1925

Property features AI

Exterior

• Parking: Detached garage (1 space); On-street parking
• Utilities: Public water; Public sewer; Electric hot water
• Home design: Semi-detached home; Estimated year built
• Construction: Brick and stick-built construction; Stone foundation; Asphalt shingle roof
• Exterior features: No tidal water

Interior

• Kitchen: Electric range/oven; Refrigerator
• Bedrooms: Three bedrooms on upper level
• Bathrooms: Two full bathrooms (one on main level, one on upper level)
• Heating & cooling: Forced air heating (natural gas); Central air conditioning
• Interior features: Fireplace (1); Full basement; Two or more access exits; Level entry to main level
• Laundry & utility: Washer/dryer hookups

What this means for you Summary

Snapshot

• This is a 3-bed/1.5-bath single-family listed at $185k.

Deal economics

• At list price, monthly cash flow is $-1 ($-12/yr) — negative.
• To cash-flow at today's rent, offer at most $185k (0.1% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $159k (13.8% below list).
• Recommended offer: $159k (13.8% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 82/100 on livability (#156 in PA, #1,291 nationally) — a professional / high-income tenant draw. Strengths: crime A+, cost of living A+, housing A+; Watch: amenities F, commute F.
• Central Dauphin SD (suburban): math 30% / reading 52% proficiency, ranked #305 of 539 in PA (top 57%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Zoned schools: Central Dauphin Shs (math 71% / reading 24%, grade D, #164 of 437 statewide, top 38%, 1,975 students, 33% FRL) — zoned schools at 33% FRL track the district average.
• Market conditions: Rents rising (+3.8%/yr); 185 active listings in the ZIP; 17 comparable units currently listed for rent nearby; rentals at typical pace (median 25d on market — plan ~3-4 weeks tenant-placement turnaround); solid renter incomes; 540 units permitted in Dauphin County in 2024 (194 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 $6k of value loss. Plan a longer hold.

Negotiation context

• Only 1 days on market — expect competitive offers; lowballing is unlikely to land.
• 3 sale attempts since 7y 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 $150k; 23% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $159,482 (13.8% 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. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
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: 0.86% ✗
• Cap rate: 6.29%
• Cash-on-cash: -0.02%
• DSCR: 1.00
• GRM: 9.7

CMA / ARV

• ARV (on-the-fly): $240,912
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
10 Park Ter	0.14mi	3/1.5	1,450 (+1%)	8mo	$250,000	$172	85
630 S 29th St	0.24mi	3/1.5	1,508 (+5%)	2mo	$250,000	$166	79
2444 Derry St	0.35mi	2/1.0 (-1)	1,416 (-1%)	2mo	$115,000	$81	73
212 N 32nd St	0.20mi	3/1.5	1,318 (-8%)	8mo	$222,000	$168	71
3011 Greenwood St	0.14mi	3/1.5	1,569 (+9%)	10mo	$230,100	$147	69
214 N 30th St	0.18mi	2/1.0 (-1)	1,267 (-12%)	1mo	$165,000	$130	64
3740 Elder Rd	0.66mi	3/1.5	1,428 (-0%)	9mo	$225,000	$158	61
521 Park Ter	0.47mi	3/1.5	1,350 (-6%)	9mo	$230,000	$170	60
625 S 26th St	0.35mi	3/1.0	1,307 (-9%)	8mo	$180,000	$138	60
3700 Vista Ter	0.57mi	2/1.0 (-1)	1,546 (+8%)	1mo	$275,000	$178	53
3727 Montour St	0.62mi	2/2.0 (-1)	1,400 (-2%)	9mo	$238,777	$171	53
3160 Brookwood St	0.42mi	3/1.0	1,219 (-15%)	1mo	$240,000	$197	53

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 · 3.76% rent growth · sell at horizon

5-year hold

• IRR: -15.5%
• Equity multiple: 0.44×
• Total profit: $-28,801
• Equity at exit: $27,584

10-year hold

• IRR: -5.8%
• Equity multiple: 0.61×
• Total profit: $-19,989
• Equity at exit: $15,995

Cash invested: $51,800 (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 17111

• Rents YoY: 3.8%
• Active inventory: 185
• Price-to-rent: 9.7×

Monthly cashflow live

• Estimated rent: $1,595 high
• Mortgage (P&I): −$970
• Tax from tax record: −$214 /mo · $2,564/yr
• Insurance: −$77
• HOA: −$0
• Vacancy / Maint / Mgmt: −$335
• Net cashflow: $-1

Break-even live

Break-even rent $1,596

Max offer price $184,819

Occupancy floor 95%

Sensitivity live

Price	-10% $104	-5% $51	+0% $-1	+5% $-53	+10% $-106
Rent	-10% $-127	-5% $-64	+0% $-1	+5% $62	+10% $125
Rate	-1.0pp $92	-0.5pp $46	base $-1	+0.5pp $-49	+1.0pp $-98

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: $46,250
• Closing costs: $5,550
• Reserves months: —
• Total cash needed: —

Rent comps 17 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
649 S 23rd St Unit 1 Harrisburg, PA	3.0	1.0	1450	$1,465	$1.01	44d	1	0.53mi
649 S 23rd St Harrisburg, PA	3.0	1.0	1450	$1,465	$1.01	22d	1	0.53mi
2410 Kensington St Harrisburg, PA	3.0	1.0	1024	$1,495	$1.46	44d	1	0.67mi
589 Yale St Harrisburg, PA	2.0	2.0	911	$1,549	$1.70	15d	1	0.82mi
2121 Kensington St Harrisburg, PA	3.0	1.0	1088	$1,450	$1.33	44d	1	0.86mi
2016 Swatara St Harrisburg, PA	3.0	1.0	1380	$1,175	$0.85	44d	1	1.00mi
3106 Hoffer St Unit 3106 Penbrook, PA	2.0	1.0	900	$1,675	$1.86	15d	1	1.03mi
1728 Paxton St Harrisburg, PA	3.0	1.5	1320	$1,295	$0.98	15d	1	1.08mi
465 Sunday Dr Harrisburg, PA	3.0	2.5	1540	$1,895	$1.23	15d	1	1.11mi
217 N 40th St Unit 202 1 Harrisburg, PA	2.0	1.0	1200	$1,299	$1.08	44d	1	1.18mi
1615 Naudain St Harrisburg, PA	3.0	1.0	1148	$1,400	$1.22	44d	1	1.27mi
325 Lincoln St Steelton, PA	3.0	1.0	1186	$1,250	$1.05	15d	1	1.30mi
1610 Hunter St Harrisburg, PA	4.0	1.0	1776	$1,450	$0.82	24d	1	1.31mi
314 Lincoln St Steelton, PA	3.0	1.0	1264	$1,595	$1.26	15d	1	1.32mi
1429 Naudain St Harrisburg, PA	3.0	1.0	1254	$1,400	$1.12	24d	1	1.40mi
337 S 15th St Harrisburg, PA	3.0	1.0	1440	$1,195	$0.83	22d	1	1.44mi
349 S 14th St Harrisburg, PA	3.0	1.0	1544	$1,450	$0.94	24d	1	1.50mi

Listing history 12 events

1. 2026-05-03
   status Pending
2. 2026-05-03
   listed $185,000 Active
3. 2023-10-04
   soldstatus $150,000
4. 2022-10-21
   soldstatus $103,920
5. 2022-02-10
   soldstatus $129,900
6. 2020-05-01
   soldstatus $129,900 Closed 316-char remark

   Show marketing remark (316 chars)

   Beautiful brick & stone home fully renovated! New windows, custom kitchen with stainless appliances, 1.5 baths fully remodeled baths, 3 bedrooms plus finished 3rd floor great for 4th bedroom or additional living space, all new paint and flooring, new HVAC, plus a detached garage. Don't miss this opportunity!

7. 2020-04-20
   status Pending 316-char remark

   Show marketing remark (316 chars)

   Beautiful brick & stone home fully renovated! New windows, custom kitchen with stainless appliances, 1.5 baths fully remodeled baths, 3 bedrooms plus finished 3rd floor great for 4th bedroom or additional living space, all new paint and flooring, new HVAC, plus a detached garage. Don't miss this opportunity!

8. 2020-02-28
   listed $129,900 Active 316-char remark

   Show marketing remark (316 chars)

   Beautiful brick & stone home fully renovated! New windows, custom kitchen with stainless appliances, 1.5 baths fully remodeled baths, 3 bedrooms plus finished 3rd floor great for 4th bedroom or additional living space, all new paint and flooring, new HVAC, plus a detached garage. Don't miss this opportunity!

9. 2020-01-31
   soldstatus $49,500 Closed 314-char remark

   Show marketing remark (314 chars)

   Large semi-detached single family home situated in Paxtang Boro. Over 1,400 sq ft, 3 bedrooms, full bath, kitchen, dining room and living room with fireplace. Unfinished basement for storage. 1 car garage and level backyard. Conveniently located to shopping, restaurants, all downtown amenities and major highways.

10. 2020-01-06
    status Pending 314-char remark

    Show marketing remark (314 chars)

    Large semi-detached single family home situated in Paxtang Boro. Over 1,400 sq ft, 3 bedrooms, full bath, kitchen, dining room and living room with fireplace. Unfinished basement for storage. 1 car garage and level backyard. Conveniently located to shopping, restaurants, all downtown amenities and major highways.

11. 2019-12-24
    listed $49,500 Active 314-char remark

    Show marketing remark (314 chars)

    Large semi-detached single family home situated in Paxtang Boro. Over 1,400 sq ft, 3 bedrooms, full bath, kitchen, dining room and living room with fireplace. Unfinished basement for storage. 1 car garage and level backyard. Conveniently located to shopping, restaurants, all downtown amenities and major highways.

12. 1987-09-23
    soldstatus $38,000

ⓘ 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: $2,564 · $214/mo
• Projected year-2 tax: $2,744 · $229/mo
• Expected delta: +$179/yr (+$15/mo · 7.0%)

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

Climate risk First Street

• 🌊 Flood 4/10 Moderate FEMA zone X (unshaded) · 22% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥100°F today · 15 d/yr by 30 yrs out
• 💨 Wind 3/10 Moderate 5% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 4 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,138
• − Mortgage interest: −$10,363
• − Property taxes: −$2,564
• − Insurance: −$925
• − Repairs & maintenance: −$1,531
• − Management: −$1,531
• − Depreciation: −$5,382
• Taxable loss: −$3,158
• Est. tax savings @ 24.0%: +$758
• After-tax cash flow: $746/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: Central Dauphin SD
• NCES district ID: 4205400
• Math proficiency: 30% ▼ -12.00%
• Reading proficiency: 52% ▼ -7.00%
• Median HH income: $62,792
• Composite: 36.46/100
• National rank: #4664
• State rank: #305 of 539 in PA

Livability — Paxtang

• Score: 82/100
• State rank: #156
• US rank: #1291

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Paxtang, PA
• County: Dauphin County · 247,857 people
• Metro: Harrisburg-Carlisle, PA
• Population (ZIP): 36,744
• Household income: $86,385
• Rent vs Own: 33.5% rent · 66.5% own
• Severe rent burden: 756.0

Population outlook (Dauphin County) Hauer SSP2

• Today (2025): 281,628 people
• By 2030: 283,549 · +0.7%
• By 2040: 285,385 · +1.3%
• By 2050: 286,188 · +1.6%
• By 2075: 291,053 · +3.3%
• By 2100: 282,374 · +0.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: White 53% Black 22% Asian 13% Hispanic / Latino 8% Two or more races 6%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4%
• Common ancestry: Romanian 4% Lithuanian 1% Serbian 1%
• Foreign-born: 14% · India, Canada, Vietnam
• Languages at home: 83% English-only · Other Indo-European 7% Spanish 6% Vietnamese 1%

Political lean MEDSL · Dauphin

• 2024 margin: Lean D (+5.9) · D 52.4% · R 46.5% · Other 1.1%
• 2008→2024 swing: -3.1pp toward R · 2008: 9.1pp · 2024: 5.9pp
• All cycles: 2024: D+5.9 2020: D+8.5 2016: D+2.8 2012: D+6.0 2008: D+9.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -140.67%
• Current HPI: 236.6936
• Rent YoY: ▲ 3.76%
• Metro: Harrisburg-Carlisle, 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

+386.8% since first listed

12 events — show timeline

• 2026-05-03 Pending — BRIGHT MLS
• 2026-05-03 Listed $185,000 BRIGHT MLS
• 2023-10-04 Sold (Public Records) $150,000 Public Records
• 2022-10-21 Sold (Public Records) $103,920 Public Records
• 2022-02-10 Sold (Public Records) $129,900 Public Records
• 2020-05-01 Sold (MLS) $129,900 BRIGHT MLS
• 2020-04-20 Pending — BRIGHT MLS
• 2020-02-28 Listed $129,900 BRIGHT MLS
• 2020-01-31 Sold (MLS) $49,500 BRIGHT MLS
• 2020-01-06 Pending — BRIGHT MLS
• 2019-12-24 Listed $49,500 BRIGHT MLS
• 1987-09-23 Sold (Public Records) $38,000 Public Records

Property tax history

+1.8%/yr

Latest (2026): $2,564 · +4.3% YoY. Source: county tax records.