337 Canterbury Dr · Fox Chapel, PA 15238

$252,000

3 bd · 1.0 ba · 1,554 sqft · SingleFamily public records · 26 Days on market

Built 1960 0.25 ac lot $162/sqft · 39% below area Est $417k · 40% under

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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 +16.9/30.0
• ARV discount +15.0/15.0
• Schools +6.9/10.0
• 1% rule +6.4/10.0
• DSCR +5.2/10.0
• Livability +3.5/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks MLS

Handsome ranch-style home nestled in established and desirable neighborhood in award-winning Fox Chapel school district. Light and bright rooms offer one level living at it's best. Mature trees and perennial landscaping. Hardwood floors on main level, including under the carpet in the living and dining rooms. Current owner is using one of the finished rooms in the lower level as a 4th bedroom. Abundant storage space throughout. Builtins in spacious family room on lower level. Enjoy the eat-in kitchen with upgraded granite countertops and appliances.

Key facts

• 0.25 acre lot
• 2 garage spots
• Built 1960

Property features AI

Exterior

• Parking: Attached 2-car garage
• Utilities: Water source: Other
• Home design: Detached structure; Fee simple ownership; Above-grade finished area approximately 1,569 (source: estimated)
• Construction: Foundation: Other; Other structures above grade; Year built: Estimated
• Exterior features: No tidal water

Interior

• Bedrooms: Three bedrooms on the main level
• Bathrooms: Two full bathrooms on the main level
• Heating & cooling: Heating: Other; Cooling: Other; Hot water: Other
• Interior features: Basement present

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath single-family listed at $252k.

Deal economics

• At list price, monthly cash flow is $165 ($2k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $252k).
• Recommended offer: $248k (1.5% below list) — sets the bar for market timing.
• Cap rate 7.1% vs local median 0.1% in Fox Chapel — 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 70/100 on livability (#764 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, housing A+; Watch: amenities F, commute F, cost of living F.
• Fox Chapel Area SD (suburban): math 73% / reading 85% proficiency, ranked #7 of 539 in PA (top 1%) — strong family-tenant draw, lease renewals of 3-5y typical; only 16% free/reduced lunch — higher-income household profile.
• Market conditions: 88 active listings in the ZIP; 10 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 40% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 2,996 units permitted in Allegheny County in 2024 (1,588 in 5+ unit buildings).

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.

Negotiation context

• It's been on market 26 days — a 2% lower offer ($248k) is reasonable based on typical stale-listing flexibility.
• 3 sale attempts since 29y 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

• Watch-outs: property tax is 3.2% of price.

Recommended offer $248,220 (1.5% below list)

Questions for the listing agent

1. Built in 1960 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Property tax is high relative to price — has the assessment been appealed recently, and will the sale trigger a re-assessment?
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. 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: 1.14% ✓
• Cap rate: 7.08%
• Cash-on-cash: 2.80%
• DSCR: 1.12
• GRM: 7.3

CMA / ARV

• ARV (median comp): $417,192
• List price: $252,000
• Delta: -39.60%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 3 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
111 Rockingham Rd	0.12mi	3/2.0	1,522 (-2%)	4mo	$377,500	$248	84
937 Center Ave	0.62mi	3/1.5	1,552 (-0%)	0mo	$374,700	$241	68
902 Carla Dr	0.70mi	3/2.5	1,760 (+13%)	17mo	$305,000	$173	25

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: -11.8%
• Equity multiple: 0.57×
• Total profit: $-30,084
• Equity at exit: $37,574

10-year hold

• IRR: -2.4%
• Equity multiple: 0.84×
• Total profit: $-11,609
• Equity at exit: $21,788

Cash invested: $70,560 (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 15238

• Active inventory: 88
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $2,876 high
• Mortgage (P&I): −$1,322
• Tax from tax record: −$681 /mo · $8,175/yr
• Insurance: −$105
• HOA: −$0
• Vacancy / Maint / Mgmt: −$604
• Net cashflow: $165

Break-even live

Break-even rent $2,668

Max offer price $252,000

Occupancy floor 89%

Sensitivity live

Price	-10% $307	-5% $236	+0% $165	+5% $93	+10% $22
Rent	-10% $-63	-5% $51	+0% $165	+5% $278	+10% $392
Rate	-1.0pp $291	-0.5pp $229	base $165	+0.5pp $99	+1.0pp $33

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: $63,000
• Closing costs: $7,560
• Reserves months: —
• Total cash needed: —

Rent comps 10 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
100 Vista Cir #402 Pittsburgh, PA	2.0	2.0	1961	$4,350	$2.22	2d	1	0.61mi
154 Park Sq Pittsburgh, PA	3.0	2.5	2040	$3,800	$1.86	44d	1	0.70mi
416 Virginia Ave Pittsburgh, PA	2.0	2.5	1360	$2,500	$1.84	44d	1	1.15mi
307 Highland Ter Pittsburgh, PA	3.0	2.0	1450	$4,000	$2.76	5d	1	1.26mi
8075 Chaske St Verona, PA	3.0	1.5	1092	$1,425	$1.30	8d	1	1.38mi
514 Guyasuta Rd Apt 7 Pittsburgh, PA	2.0	2.0	1400	$2,000	$1.43	24d	1	1.38mi
273 Bramble St Verona, PA	3.0	1.5	1076	$1,720	$1.60	5d	1	1.44mi
131 5th St Unit Na Pittsburgh, PA	2.0	1.5	1840	$1,800	$0.98	44d	1	1.45mi
14 River Rd Ste 1 Pittsburgh, PA	3.0	2.5	1173	$3,200	$2.73	44d	1	1.49mi
14 River Rd Ste 2 Pittsburgh, PA	2.0	2.0	1857	$2,800	$1.51	22d	1	1.49mi

Listing history 13 events

1. 2026-05-01
   listed $252,000 Active 589-char remark
2. 2020-10-30
   soldstatus $303,000
3. 2020-10-21
   soldstatus $303,000 Closed 555-char remark

   Show marketing remark (555 chars)

   Handsome ranch-style home nestled in established and desirable neighborhood in award-winning Fox Chapel school district. Light and bright rooms offer one level living at it's best. Mature trees and perennial landscaping. Hardwood floors on main level, including under the carpet in the living and dining rooms. Current owner is using one of the finished rooms in the lower level as a 4th bedroom. Abundant storage space throughout. Builtins in spacious family room on lower level. Enjoy the eat-in kitchen with upgraded granite countertops and appliances.

4. 2020-10-18
   status Pending 555-char remark

   Show marketing remark (555 chars)

   Handsome ranch-style home nestled in established and desirable neighborhood in award-winning Fox Chapel school district. Light and bright rooms offer one level living at it's best. Mature trees and perennial landscaping. Hardwood floors on main level, including under the carpet in the living and dining rooms. Current owner is using one of the finished rooms in the lower level as a 4th bedroom. Abundant storage space throughout. Builtins in spacious family room on lower level. Enjoy the eat-in kitchen with upgraded granite countertops and appliances.

5. 2020-08-29
   historical Contingent 555-char remark

   Show marketing remark (555 chars)

   Handsome ranch-style home nestled in established and desirable neighborhood in award-winning Fox Chapel school district. Light and bright rooms offer one level living at it's best. Mature trees and perennial landscaping. Hardwood floors on main level, including under the carpet in the living and dining rooms. Current owner is using one of the finished rooms in the lower level as a 4th bedroom. Abundant storage space throughout. Builtins in spacious family room on lower level. Enjoy the eat-in kitchen with upgraded granite countertops and appliances.

6. 2020-08-14
   price $309,000 555-char remark

   Show marketing remark (555 chars)

   Handsome ranch-style home nestled in established and desirable neighborhood in award-winning Fox Chapel school district. Light and bright rooms offer one level living at it's best. Mature trees and perennial landscaping. Hardwood floors on main level, including under the carpet in the living and dining rooms. Current owner is using one of the finished rooms in the lower level as a 4th bedroom. Abundant storage space throughout. Builtins in spacious family room on lower level. Enjoy the eat-in kitchen with upgraded granite countertops and appliances.

7. 2020-08-07
   listed $324,000 Active 555-char remark

   Show marketing remark (555 chars)

   Handsome ranch-style home nestled in established and desirable neighborhood in award-winning Fox Chapel school district. Light and bright rooms offer one level living at it's best. Mature trees and perennial landscaping. Hardwood floors on main level, including under the carpet in the living and dining rooms. Current owner is using one of the finished rooms in the lower level as a 4th bedroom. Abundant storage space throughout. Builtins in spacious family room on lower level. Enjoy the eat-in kitchen with upgraded granite countertops and appliances.

8. 1998-05-14
   soldstatus $141,000
9. 1998-04-24
   soldstatus $141,000

   Show marketing remark (111 chars)

   WELL-MAINTAINED RANCH NEWER FURNACE & ELECTRICAL FINISHED GAMEROOM W WET BAR EAT-IN KITCHEN NEUTRAL DECOR

10. 1997-09-08
    listed $145,000

    Show marketing remark (111 chars)

    WELL-MAINTAINED RANCH NEWER FURNACE & ELECTRICAL FINISHED GAMEROOM W WET BAR EAT-IN KITCHEN NEUTRAL DECOR

11. 1994-06-30
    soldstatus $168,750
12. 1990-11-01
    soldstatus $120,000
13. 1985-08-27
    soldstatus $85,000

ⓘ 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: $8,175 · $681/mo
• Projected year-2 tax: $8,175 · $681/mo
• Expected delta: $0/yr ($0/mo · -0.0%)

ⓘ 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 1/10 Low
• 🌡 Heat 4/10 Moderate 7 d/yr ≥97°F today · 18 d/yr by 30 yrs out
• 💨 Wind 2/10 Low
• 🫁 Air quality 4/10 Moderate 5 unhealthy d/yr today · 7 by 30 yrs out

Taxation est. · year 1

• Rental income: $34,517
• − Mortgage interest: −$14,116
• − Property taxes: −$8,175
• − Insurance: −$1,260
• − Repairs & maintenance: −$2,761
• − Management: −$2,761
• − Depreciation: −$7,331
• Taxable loss: −$1,888
• Est. tax savings @ 24.0%: +$453
• After-tax cash flow: $2,428/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: Fox Chapel Area SD
• NCES district ID: 4210070
• Math proficiency: 73% ▼ -5.00%
• Reading proficiency: 85% ▼ -2.00%
• Median HH income: $73,326
• Composite: 69.02/100
• National rank: #324
• State rank: #7 of 539 in PA

Livability — Fox Chapel

• Score: 70/100
• State rank: #764
• US rank: #7632

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• County: Allegheny County · 1,022,028 people
• City population: 13,000
• Metro: Pittsburgh, PA
• Population (ZIP): 12,868
• Household income: $116,575
• Rent vs Own: 23.8% rent · 76.2% own
• Severe rent burden: 341.0

Population outlook (Allegheny County) Hauer SSP2

• Today (2025): 1,250,282 people
• By 2030: 1,256,482 · +0.5%
• By 2040: 1,256,318 · +0.5%
• By 2050: 1,244,169 · -0.5%
• By 2075: 1,197,693 · -4.2%
• By 2100: 1,093,187 · -12.6%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (86%)
• Race & ethnicity: White 86% Asian 8% Two or more races 4% Hispanic / Latino 2% Black 1%
• Common ancestry: Romanian 7% Slovak 3% Lithuanian 2%
• Foreign-born: 10% · South Korea, China, Canada
• Languages at home: 87% English-only · Other Asian/Pacific 3% Other Indo-European 2% Spanish 2%

Political lean MEDSL · Allegheny

• 2024 margin: Strong D (+20.3) · D 59.7% · R 39.4%
• 2008→2024 swing: +4.8pp toward D · 2008: 15.5pp · 2024: 20.3pp
• All cycles: 2024: D+20.3 2020: D+20.4 2016: D+16.4 2012: D+14.4 2008: D+15.5

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -156.21%
• Current HPI: 252.7021
• Rent YoY: —
• Metro: Pittsburgh, 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

+196.5% since first listed

14 events — show timeline

• 2026-05-27 Pending — BRIGHT MLS
• 2026-05-01 Listed $252,000 BRIGHT MLS
• 2020-10-30 Sold (Public Records) $303,000 Public Records
• 2020-10-21 Sold (MLS) $303,000 West Penn MLS
• 2020-10-18 Pending — West Penn MLS
• 2020-08-29 Contingent — West Penn MLS
• 2020-08-14 Price Changed $309,000 West Penn MLS
• 2020-08-07 Listed $324,000 West Penn MLS
• 1998-05-14 Sold (Public Records) $141,000 Public Records
• 1998-04-24 Sold (MLS) $141,000 West Penn MLS
• 1997-09-08 Listed $145,000 West Penn MLS
• 1994-06-30 Sold (Public Records) $168,750 Public Records
• 1990-11-01 Sold (Public Records) $120,000 Public Records
• 1985-08-27 Sold (Public Records) $85,000 Public Records

Property tax history

+7.3%/yr

Latest (2026): $8,175 · +1.6% YoY. Source: county tax records.