140 Gwinnett Rd · Conashaugh Lakes, PA 18337

$350,000

4 bd · 2.0 ba · 2,288 sqft · SingleFamily public records · 20 Days on market

Built 1995 1.14 ac lot $153/sqft · 14% below area Est $501k · 30% under $109/mo HOA · 4% 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).

• ARV discount +15.0/15.0
• Cash flow +7.7/30.0
• Schools +4.7/10.0
• Livability +3.5/5.0
• 1% rule +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• DSCR +1.8/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

What an opportunity! This tri-level contemporary home has it all! Large rooms, hardwood floors, Living room with cathedral ceilings and FP, Dining room with bar, family room, Master suite with adjoining loft, 3 additional bedrooms, office/den/playroom, garage, shed and large yard. Plenty of space for everyone!! Located on a quite street in prestigious Conashaugh Lakes! Take a look before it's gone!, Beds Description: 2+Bed1st, Baths: 1 Bath Level 1, Baths: 1 Bath Level 2, Baths: 1 Bath Level L, Eating Area: Dining Area, Eating Area: Modern KT

Key facts

• 1.14 acre level lot
• Two sparkling lakes
• Lower level kitchen

Tags

• 1.14 ACRE LEVEL LOT
• OPEN CONCEPT MAIN FLOOR
• LOWER LEVEL KITCHEN
• BREAKFAST BAR
• TWO SPARKLING LAKES
• OUTDOOR SWIMMING POOL

Property features AI

Finance

• Other: Association amenities: pool
• HOA & community: Homeowners association with community pool; Annual association fee $1,310 (also shown as a one-time $1,310); equivalent to about $109.17/month

Exterior

• Parking: Garage (1 car)
• Security: Security gate
• Utilities: Private well water
• Home design: Single family residence; Residential zoning; 3 stories
• Construction: Asphalt roof; Block foundation
• Exterior features: Private yard; Paved road access; Road maintenance agreement; Community lake access; Community fishing; Gated community

Interior

• Kitchen: Cooktop; Gas range
• Bedrooms: Total rooms: 11
• Flooring: Carpet; Hardwood
• Bathrooms: 3 full bathrooms
• Heating & cooling: Propane heating; Ceiling fans for cooling
• Interior features: Open floor plan; Bar; Ceiling fans; Cathedral ceilings; Finished full basement; Living room fireplace
• Laundry & utility: Has basement (finished) — space for utilities

What this means for you Summary

Snapshot

• This is a 4-bed/2.0-bath single-family listed at $350k.

Deal economics

• At list price, monthly cash flow is $-404 ($-5k/yr) — negative.
• To cash-flow at today's rent, offer at most $279k (20.4% below list).
• To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $265k (24.4% below list).
• Recommended offer: $265k (24.4% below list) — sets the bar for 1% rule.

Location & tenants

• Location reads 70/100 on livability (#786 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: health & safety D, amenities F, commute F.
• Delaware Valley SD (rural): math 41% / reading 66% proficiency, ranked #121 of 539 in PA (top 22%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Zoned schools: Dingman-Delaware El Sch (math 41% / reading 68%, grade C, #504 of 1,518 statewide, top 37%, 502 students, 51% FRL); Dingman-Delaware Ms (math 20% / reading 57%, grade F, #275 of 512 statewide, top 55%, 524 students, 45% FRL); Delaware Valley Hs (math 77% / reading 75%, grade A-, #25 of 437 statewide, top 6%, 1,418 students, 37% FRL) — zoned schools average 45% FRL vs 26% district-wide (18 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Market conditions: 298 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 213 units permitted in Pike County in 2024 (0 in 5+ unit buildings).
• This rent runs 34% of the median local income ($93k/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 $10k of value loss. Plan a longer hold.
• Pike County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• It's been on market 20 days — a 2% lower offer ($345k) is reasonable based on typical stale-listing flexibility.
• 3 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.

Risks & watch-outs

• Climate carrying-cost: moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $264,757 (24.4% 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. 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?
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 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: 0.76% ✗
• Cap rate: 4.91%
• Cash-on-cash: -4.94%
• DSCR: 0.78
• GRM: 11.0

CMA / ARV

• ARV (median comp): $500,742
• List price: $350,000
• Delta: -30.10%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 7 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
134 Oneida Way	0.31mi	4/2.5	2,400 (+5%)	5mo	$389,000	$162	72
130 Oneida Way	0.32mi	4/3.0	2,484 (+9%)	2mo	$540,000	$217	65
184 Oneida Way	0.07mi	3/2.0 (-1)	2,076 (-9%)	15mo	$351,645	$169	63
105 Cree Trl	0.51mi	3/2.5 (-1)	2,318 (+1%)	16mo	$510,000	$220	54
160 Overbrook Run	0.48mi	3/2.5 (-1)	2,013 (-12%)	5mo	$509,500	$253	46
240 Iroquois Trl	0.68mi	3/2.0 (-1)	2,193 (-4%)	16mo	$293,000	$134	43
190 Seneca Dr	0.73mi	3/2.0 (-1)	2,010 (-12%)	22mo	$377,000	$188	22

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: -24.7%
• Equity multiple: 0.16×
• Total profit: $-82,338
• Equity at exit: $52,186

10-year hold

• IRR: -20.2%
• Equity multiple: -0.07×
• Total profit: $-104,451
• Equity at exit: $30,262

Cash invested: $98,000 (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 18337

• Home prices YoY: -22.0%
• Active inventory: 298
• Price-to-rent: 11.0×

Monthly cashflow live

• Estimated rent: $2,648 medium
• Mortgage (P&I): −$1,835
• Tax from tax record: −$405 /mo · $4,860/yr
• Insurance: −$146
• HOA: −$109
• Vacancy / Maint / Mgmt: −$556
• Net cashflow: $-404

Break-even live

Break-even rent $3,159

Max offer price $278,690

Occupancy floor —

Sensitivity live

Price	-10% $-206	-5% $-305	+0% $-404	+5% $-503	+10% $-602
Rent	-10% $-613	-5% $-508	+0% $-404	+5% $-299	+10% $-195
Rate	-1.0pp $-227	-0.5pp $-315	base $-404	+0.5pp $-494	+1.0pp $-587

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: $87,500
• Closing costs: $10,500
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
140 Cranberry Ridge Dr Milford, PA	3.0	2.0	1596	$2,000	$1.25	20d	1	1.00mi

HOA detail

• Monthly dues: $109 · $1,308/yr

Listing history 7 events

1. 2026-05-12
   status Pending 1357-char remark
2. 2026-04-21
   listed $350,000 Active 1357-char remark
3. 2015-04-24
   soldstatus $99,000 502-char remark

   Show marketing remark (502 chars)

   What an opportunity! This tri-level contemporary home has it all! Large rooms, hardwood floors, Living room with cathedral ceilings and FP, Dining room with bar, family room, Master suite with adjoining loft, 3 additional bedrooms, office/den/playroom, garage, shed and large yard. Plenty of space for everyone!! Located on a quite street in prestigious Conashaugh Lakes! Take a look before it's gone!, Beds Description: Y, Baths: Y, Baths: Y, Baths: Y, Eating Area: Dining Area, Eating Area: Modern KT

4. 2015-04-24
   soldstatus $99,000

   Show marketing remark (502 chars)

   What an opportunity! This tri-level contemporary home has it all! Large rooms, hardwood floors, Living room with cathedral ceilings and FP, Dining room with bar, family room, Master suite with adjoining loft, 3 additional bedrooms, office/den/playroom, garage, shed and large yard. Plenty of space for everyone!! Located on a quite street in prestigious Conashaugh Lakes! Take a look before it's gone!, Beds Description: Y, Baths: Y, Baths: Y, Baths: Y, Eating Area: Dining Area, Eating Area: Modern KT

5. 2014-07-30
   listed $104,900 502-char remark

   Show marketing remark (502 chars)

   What an opportunity! This tri-level contemporary home has it all! Large rooms, hardwood floors, Living room with cathedral ceilings and FP, Dining room with bar, family room, Master suite with adjoining loft, 3 additional bedrooms, office/den/playroom, garage, shed and large yard. Plenty of space for everyone!! Located on a quite street in prestigious Conashaugh Lakes! Take a look before it's gone!, Beds Description: Y, Baths: Y, Baths: Y, Baths: Y, Eating Area: Dining Area, Eating Area: Modern KT

6. 2014-07-30
   listed $104,900

   Show marketing remark (502 chars)

   What an opportunity! This tri-level contemporary home has it all! Large rooms, hardwood floors, Living room with cathedral ceilings and FP, Dining room with bar, family room, Master suite with adjoining loft, 3 additional bedrooms, office/den/playroom, garage, shed and large yard. Plenty of space for everyone!! Located on a quite street in prestigious Conashaugh Lakes! Take a look before it's gone!, Beds Description: Y, Baths: Y, Baths: Y, Baths: Y, Eating Area: Dining Area, Eating Area: Modern KT

7. 2007-03-21
   soldstatus $325,000

ⓘ 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: $4,860 · $405/mo
• Projected year-2 tax: $5,195 · $433/mo
• Expected delta: +$335/yr (+$28/mo · 6.9%)

ⓘ 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 5/10 Major
• 🌡 Heat 2/10 Low 7 d/yr ≥91°F today · 15 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

Taxation est. · year 1

• Rental income: $31,771
• − Mortgage interest: −$19,605
• − Property taxes: −$4,860
• − Insurance: −$1,750
• − Repairs & maintenance: −$2,542
• − Management: −$2,542
• − HOA: −$1,308
• − Depreciation: −$10,182
• Taxable loss: −$11,018
• Est. tax savings @ 24.0%: +$2,644
• After-tax cash flow: $-2,200/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: Delaware Valley SD
• NCES district ID: 4207530
• Math proficiency: 41% ▼ -12.00%
• Reading proficiency: 66% ▼ -9.00%
• Median HH income: $64,202
• Composite: 46.95/100
• National rank: #2359
• State rank: #121 of 539 in PA

Livability — Conashaugh Lakes

• Score: 70/100
• State rank: #786
• US rank: #7924

Category grades

Amenities F Commute F Cost of living B+ 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: Conashaugh Lakes, PA
• County: Pike County · 15,799 people
• Metro: New York-Newark-Jersey City, NY-NJ-PA
• Population (ZIP): 15,799
• Household income: $93,149
• Rent vs Own: 14.2% rent · 85.8% own
• Severe rent burden: 275.0

Population outlook (Pike County) Hauer SSP2

• Today (2025): 53,548 people
• By 2030: 51,622 · -3.6%
• By 2040: 46,490 · -13.2%
• By 2050: 40,372 · -24.6%
• By 2075: 31,951 · -40.3%
• By 2100: 26,821 · -49.9%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (82%)
• Race & ethnicity: White 82% Hispanic / Latino 10% Two or more races 7% Black 4% Asian 2%
• Hispanic origin (detail): Mexican 1% Puerto Rican 4% Cuban 1%
• Common ancestry: Romanian 6% Iranian 2% Portuguese 2%
• Foreign-born: 6% · Canada, China, South Korea
• Languages at home: 89% English-only · Spanish 6% Russian/Polish/Slavic 2% German/W. Germanic 1%

Political lean MEDSL · Pike

• 2024 margin: Strong R (+24.1) · D 37.6% · R 61.6%
• 2008→2024 swing: -19.8pp toward R · 2008: -4.2pp · 2024: -24.1pp
• All cycles: 2024: R+24.1 2020: R+19.0 2016: R+26.0 2012: R+11.0 2008: R+4.2

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -54.81%
• Current HPI: 194.0604
• Rent YoY: —
• Metro: New York-Newark-Jersey City, NY-NJ-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

+0.0% since first listed

8 events — show timeline

• 2026-06-15 Sold (MLS) $325,000 PWMLS
• 2026-05-12 Pending — PWMLS
• 2026-04-21 Listed $350,000 PWMLS
• 2015-04-24 Sold (MLS) $99,000 PWMLS
• 2015-04-24 Sold (MLS) $99,000 PWMLS
• 2014-07-30 Listed $104,900 PWMLS
• 2014-07-30 Listed $104,900 PWMLS
• 2007-03-21 Sold (Public Records) $325,000 Public Records

Property tax history

+1.8%/yr

Latest (2026): $4,860 · +1.5% YoY. Source: county tax records.