3421 Laurel Pt · The Hideout, PA 18436

$229,000

5 bd · 2.0 ba · 1,862 sqft · SingleFamily · 49 Days on market

Built 1987 Poor condition 0.36 ac lot $123/sqft · 34% below area Est $348k · 34% under $194/mo HOA · 8% of rent

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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 +16.0/30.0
• ARV discount +15.0/15.0
• Appreciation +10.0/10.0
• 1% rule +5.5/10.0
• DSCR +5.0/10.0
• Schools +4.4/10.0
• Livability +3.6/5.0
• Rent growth +2.5/5.0
• Condition / age +1.0/5.0

Listing remarks MLS

Rare opportunity to own a five-bedroom home in The Hideout priced under $230,000 with significant upside potential. Tucked away on a quiet cul-de-sac in one of the Poconos' most amenity-rich gated communities, this property offers the impressive scale, functional layout, and prime location that savvy buyers and investors consistently seek. Spanning over 1800 square feet with a finished walk-out basement, the residence delivers versatile living space across multiple levels, including a spacious living room, comfortable family room, and a dedicated dining area. With five bedrooms, the floor plan easily accommodates a home office, guest quarters, or dedicated hobby spaces. The expansive deck and serene wooded backdrop capture the quintessential mountain retreat atmosphere, while the interior footprint is perfectly suited for value-add improvements. While the home requires work, it presents a unique chance to build immediate equity. With the right updates, this property can be transformed into a premier vacation getaway or a substantial full-time residence in a high-demand community. Located in The Hideout, a premier gated community with 24-hour security, residents enjoy world-class amenities including multiple lakes, pools, a golf course, private ski hill, and fitness center. Opportunities at this price point are increasingly rare in today's market. Schedule your private tour today to explore the possibilities of this high-potential mountain home.

Key facts

• Wooded backdrop
• Gated community
• Multiple lakes

Tags

• FINISHED WALK-OUT BASEMENT
• EXPANSIVE DECK
• WOODED BACKDROP
• GATED COMMUNITY
• MULTIPLE LAKES
• PRIVATE SKI HILL

What this means for you Summary

Snapshot

• This is a 5-bed/2.0-bath single-family listed at $229k. Condition is rated poor.

Deal economics

• At list price, monthly cash flow is $115 ($1k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $229k).
• Recommended offer: $222k (3.0% below list) — sets the bar for market timing.
• Cap rate 6.9% vs local median 5.0% in The Hideout — 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 72/100 on livability (#668 in PA) — a middle-class / working-renter tenant base. Strengths: crime A+, employment A+, cost of living A+; Watch: schools D, amenities F, commute F.
• Western Wayne SD (rural): math 39% / reading 63% proficiency, ranked #165 of 539 in PA (top 31%) — acceptable for families but not a draw, mixed tenant base, ~2y average lease.
• Market conditions: 337 active listings in the ZIP; 177 units permitted in Wayne County in 2024 (0 in 5+ unit buildings).

Forward outlook

• In year one you build about $24k of equity ($2k loan paydown + $23k appreciation (10.0% local appreciation)).
• Wayne County population projected at -17% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.
• At projected returns (10.0% appreciation + 3.0% rent growth), your $64k cash investment doubles in ~3 years — after that, you're playing with house money.
• By year 2, paydown + projected appreciation supports a ~$39k cash-out refi (75% LTV) — recoverable capital for the next deal without selling this one.

Negotiation context

• It's been on market 49 days — a 3% lower offer ($222k) is reasonable based on typical stale-listing flexibility.
• 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 $110k; list at $229k implies a 108% gain — meaningful room to come down on a strong offer.

Recommended offer $222,130 (3.0% below list)

Questions for the listing agent

1. It's been on market 49 days. Have you received any prior offers? Is the seller open to a 3% concession, seller financing, or rate buy-down credit?
2. Have any recent inspections been done? Can we get a copy of the seller's disclosures and any deferred-maintenance estimates?
3. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
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: 1.05% ✓
• Cap rate: 6.90%
• Cash-on-cash: 2.15%
• DSCR: 1.10
• GRM: 8.0

CMA / ARV

• ARV (median comp): $348,182
• List price: $229,000
• Delta: -34.23%
• 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
77 Northwood Ter	0.12mi	4/2.0 (-1)	1,951 (+5%)	9mo	$275,000	$141	74
125 Rockway Rd Lot 2781	0.20mi	5/2.5	1,850 (-1%)	18mo	$257,000	$139	72
55 Northwood Ter	0.18mi	4/2.5 (-1)	2,028 (+9%)	10mo	$340,000	$168	62
2941 S Fairway Dr	0.47mi	4/3.5 (-1)	1,993 (+7%)	4mo	$549,900	$276	52
2988 Wedge Dr	0.73mi	4/2.0 (-1)	1,750 (-6%)	1mo	$248,000	$142	50
2894 S Fairway Dr	0.58mi	4/2.0 (-1)	1,650 (-11%)	2mo	$305,000	$185	47
11 Boulder Ct	0.49mi	4/3.0 (-1)	2,112 (+13%)	4mo	$240,000	$114	42
27 Burnwood Pt	0.63mi	4/3.0 (-1)	2,029 (+9%)	10mo	$270,000	$133	38
28 Wedge Dr	0.68mi	4/3.0 (-1)	1,892 (+2%)	23mo	$280,875	$148	37
4 Millwood Ter	0.75mi	4/2.5 (-1)	1,935 (+4%)	23mo	$345,000	$178	32
4 Splitrail Ln	0.73mi	4/2.5 (-1)	2,000 (+7%)	21mo	$325,000	$163	29
18 Wedge Dr Lot 2963	0.69mi	4/3.0 (-1)	1,985 (+7%)	24mo	$319,000	$161	28

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

10.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 25.9%
• Equity multiple: 3.06×
• Total profit: $132,208
• Equity at exit: $206,301

10-year hold

• IRR: 22.7%
• Equity multiple: 6.99×
• Total profit: $383,874
• Equity at exit: $444,897

Cash invested: $64,120 (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 18436

• Home prices YoY: 16.9%
• Active inventory: 337
• Price-to-rent: 8.0×

Monthly cashflow live

• Estimated rent: $2,395 medium
• Mortgage (P&I): −$1,201
• Tax est. 1.5%: −$286 /mo · $3,435/yr
• Insurance: −$95
• HOA: −$194
• Vacancy / Maint / Mgmt: −$503
• Net cashflow: $115

Break-even live

Break-even rent $2,249

Max offer price $229,000

Occupancy floor 90%

Sensitivity live

Price	-10% $273	-5% $194	+0% $115	+5% $36	+10% $-43
Rent	-10% $-74	-5% $21	+0% $115	+5% $210	+10% $304
Rate	-1.0pp $230	-0.5pp $173	base $115	+0.5pp $56	+1.0pp $-5

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: $57,250
• Closing costs: $6,870
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $194 · $2,328/yr
• Likely covers: poolgymsecurity

Listing history 4 events

1. 2026-04-08
   listed $229,000 Active 1468-char remark

   Show marketing remark (1468 chars)

   Rare opportunity to own a five-bedroom home in The Hideout priced under $230,000 with significant upside potential. Tucked away on a quiet cul-de-sac in one of the Poconos' most amenity-rich gated communities, this property offers the impressive scale, functional layout, and prime location that savvy buyers and investors consistently seek. Spanning over 1800 square feet with a finished walk-out basement, the residence delivers versatile living space across multiple levels, including a spacious living room, comfortable family room, and a dedicated dining area. With five bedrooms, the floor plan easily accommodates a home office, guest quarters, or dedicated hobby spaces. The expansive deck and serene wooded backdrop capture the quintessential mountain retreat atmosphere, while the interior footprint is perfectly suited for value-add improvements. While the home requires work, it presents a unique chance to build immediate equity. With the right updates, this property can be transformed into a premier vacation getaway or a substantial full-time residence in a high-demand community. Located in The Hideout, a premier gated community with 24-hour security, residents enjoy world-class amenities including multiple lakes, pools, a golf course, private ski hill, and fitness center. Opportunities at this price point are increasingly rare in today's market. Schedule your private tour today to explore the possibilities of this high-potential mountain home.

2. 2026-04-08
   listed $229,000 Active 1468-char remark

   Show marketing remark (1468 chars)

   Rare opportunity to own a five-bedroom home in The Hideout priced under $230,000 with significant upside potential. Tucked away on a quiet cul-de-sac in one of the Poconos' most amenity-rich gated communities, this property offers the impressive scale, functional layout, and prime location that savvy buyers and investors consistently seek. Spanning over 1800 square feet with a finished walk-out basement, the residence delivers versatile living space across multiple levels, including a spacious living room, comfortable family room, and a dedicated dining area. With five bedrooms, the floor plan easily accommodates a home office, guest quarters, or dedicated hobby spaces. The expansive deck and serene wooded backdrop capture the quintessential mountain retreat atmosphere, while the interior footprint is perfectly suited for value-add improvements. While the home requires work, it presents a unique chance to build immediate equity. With the right updates, this property can be transformed into a premier vacation getaway or a substantial full-time residence in a high-demand community. Located in The Hideout, a premier gated community with 24-hour security, residents enjoy world-class amenities including multiple lakes, pools, a golf course, private ski hill, and fitness center. Opportunities at this price point are increasingly rare in today's market. Schedule your private tour today to explore the possibilities of this high-potential mountain home.

3. 2019-06-13
   soldstatus $110,000
4. 2019-04-01
   listed $115,000

ⓘ 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 2/10 Low 7 d/yr ≥90°F today · 16 d/yr by 30 yrs out
• 💨 Wind 2/10 Low 3% 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: $28,735
• − Mortgage interest: −$12,828
• − Property taxes: −$3,435
• − Insurance: −$1,145
• − Repairs & maintenance: −$2,299
• − Management: −$2,299
• − HOA: −$2,328
• − Depreciation: −$6,662
• Taxable loss: −$2,260
• Est. tax savings @ 24.0%: +$542
• After-tax cash flow: $1,924/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

Poor 20/100 Extensive rehab

This property is in poor condition and requires extensive repairs and maintenance to improve its appearance and value. Clutter removal, HVAC cleaning, landscaping, and painting are the highest-ROI updates that would increase its resale and rental value.

Repairs flagged

• Major Clutter removal — The property is heavily cluttered, which affects its appearance and value.
• Major Deck repair — The deck is cluttered with debris and items, indicating neglect and potential structural issues.
• Major Exterior cleaning — The exterior is cluttered and unkempt, which affects its curb appeal and value.
• Major Interior cleaning — The interior is cluttered with boxes and miscellaneous items, which affects its appearance and value.
• Major Painting — The walls are cluttered with boxes and miscellaneous items, which affects its appearance and value.
• Minor HVAC cleaning — No visible signs of major issues, but cleaning may be needed for optimal performance.
• Major Landscaping — The property is cluttered and unkempt, which affects its curb appeal and value.
• Minor Foundation inspection — No visible signs of major issues, but inspection may be needed for peace of mind.

Value-add opportunities

• Both Clutter removal — Removing clutter will improve the property's appearance and make it more marketable.
• Both HVAC cleaning — A clean HVAC system will improve air quality and energy efficiency.
• Both Landscaping — A well-maintained exterior will improve curb appeal and attract potential buyers or renters.
• Both Painting — Painting the interior and exterior will improve the property's appearance and make it more marketable.
• Both Deck repair — A repaired deck will improve the property's functionality and make it more marketable.
• Both Foundation inspection — A thorough inspection will ensure the property's structural integrity and make it more marketable.

Renovation cost estimate screening

Repair item	Severity	Est. cost
Clutter removal · The property is heavily cluttered, which affects its appearance and value.	Major	$15,000–50,000
Deck repair · The deck is cluttered with debris and items, indicating neglect and potential structural issues.	Major	$15,000–50,000
Exterior cleaning · The exterior is cluttered and unkempt, which affects its curb appeal and value.	Major	$15,000–50,000
Interior cleaning · The interior is cluttered with boxes and miscellaneous items, which affects its appearance and value.	Major	$15,000–50,000
Painting · The walls are cluttered with boxes and miscellaneous items, which affects its appearance and value.	Major	$15,000–50,000
HVAC cleaning · No visible signs of major issues, but cleaning may be needed for optimal performance.	Minor	$500–3,000
Landscaping · The property is cluttered and unkempt, which affects its curb appeal and value.	Major	$15,000–50,000
Foundation inspection · No visible signs of major issues, but inspection may be needed for peace of mind.	Minor	$500–3,000
Total estimated repair cost · 8 items		$91,000–306,000

Value-add ROI direction

• Both Clutter removal — Removing clutter will improve the property's appearance and make it more marketable. ↑
• Both HVAC cleaning — A clean HVAC system will improve air quality and energy efficiency. ↑
• Both Landscaping — A well-maintained exterior will improve curb appeal and attract potential buyers or renters. ↑
• Both Painting — Painting the interior and exterior will improve the property's appearance and make it more marketable. ↑
• Both Deck repair — A repaired deck will improve the property's functionality and make it more marketable. ↑
• Both Foundation inspection — A thorough inspection will ensure the property's structural integrity and make it more marketable. ↑

ⓘ 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: Western Wayne SD
• NCES district ID: 4226070
• Math proficiency: 39% ▼ -12.00%
• Reading proficiency: 63% ▼ -6.00%
• Median HH income: $51,358
• Composite: 43.65/100
• National rank: #2964
• State rank: #165 of 539 in PA

Livability — The Hideout

• Score: 72/100
• State rank: #668
• US rank: #6516

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: The Hideout, PA
• Population (ZIP): 13,225

Population outlook (Wayne County) Hauer SSP2

• Today (2025): 47,924 people
• By 2030: 46,191 · -3.6%
• By 2040: 42,815 · -10.7%
• By 2050: 39,873 · -16.8%
• By 2075: 34,556 · -27.9%
• By 2100: 28,358 · -40.8%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (95%)
• Race & ethnicity: White 95% Two or more races 3% Hispanic / Latino 2%
• Common ancestry: Romanian 9% Scotch-Irish 2% Iranian 2%
• Foreign-born: 4%
• Languages at home: 95% English-only · French/Haitian/Cajun 2% Russian/Polish/Slavic 1% Spanish 1%

Political lean MEDSL · Wayne

• 2024 margin: Solid R (+37.1) · D 31.1% · R 68.2%
• 2008→2024 swing: -24.8pp toward R · 2008: -12.3pp · 2024: -37.1pp
• All cycles: 2024: R+37.1 2020: R+33.6 2016: R+39.7 2012: R+20.9 2008: R+12.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 47.95%
• Current HPI: 331.9645
• 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
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+99.1% since first listed

4 events — show timeline

• 2026-04-08 Listed $229,000 PWMLS
• 2026-04-08 Listed $229,000 PMAR
• 2019-06-13 Sold (MLS) $110,000 PWMLS
• 2019-04-01 Listed $115,000 PWMLS