1135 N Liberty St · Oakland, PA 16102

$127,500

2 bd · 2.5 ba · 1,504 sqft · SingleFamily public records · 5 Days on market

Built 1928 0.44 ac lot Est $114k · 12% over

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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).

• Cash flow +24.4/30.0
• DSCR +7.9/10.0
• 1% rule +6.0/10.0
• Rent growth +2.5/5.0
• Livability +2.5/5.0
• Condition / age +2.5/5.0
• ARV discount +2.3/15.0
• Schools +1.1/10.0
• Appreciation +0.0/10.0

Listing remarks MLS

Stately Colonial perched atop a hill, well maintained, newer roof and gutters, newly painted first floor laundry with half bath. Large kitchen with room for breakfast area. DR & LR french doors with lead glass window, Foyer with hardwood flooring, elegant banister leading to the upstairs. Charming full bath with claw foot tub. Spacious bedrooms. WU attic with loads of storage space. Drylock treated basement with half bath and fruit cellar, Additional 20x24 pole building. Large fenced back yard.

Key facts

• Generous lot
• 0.44 acre lot
• Garage

Tags

• NEW KITCHEN APPLIANCES
• DEDICATED WORKSHOP AREA
• AMPLE SPACE FOR HOSTING
• GENEROUS LOT
• YARD SPACE FOR GARDENING

What this means for you Summary

Snapshot

• This is a 2-bed/2.5-bath single-family listed at $128k.

Deal economics

• At list price, monthly cash flow is $259 ($3k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($1k rent vs $128k).

Location & tenants

• Location reads: area grade D — affects rentability + tenant quality, not the cash-flow math above.
• New Castle Area SD (town): math 9% / reading 19% proficiency, ranked #519 of 539 in PA (top 96%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 66% free/reduced lunch — lower-income household profile, screen leases tightly.
• Zoned schools: Harry W Lockley Early Learning Center (775 students, 100% FRL); New Castle Jhs (math 6% / reading 21%, grade F, #482 of 512 statewide, top 94%, 706 students, 100% FRL); New Castle Shs (math 47% / reading 30%, grade F, #280 of 437 statewide, top 64%, 771 students, 100% FRL) — zoned schools average 100% FRL vs 66% district-wide (33 pts higher); higher-poverty schools than district average — tighter screening recommended.
• Zoned-school proficiency averages 26% at this address vs 14% district-wide (+12 pts) — the actual schools serving this property are materially stronger than the New Castle Area SD average implies; a family-tenant draw the district grade alone would hide.
• Market conditions: 17 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals lingering (median 45d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 100% of comp listings sitting > 30 days — soft ceiling on asking rent; 51 units permitted in Lawrence County in 2024 (0 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $882 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Lawrence County population projected at -25% by 2050 — secular population decline; favor cash flow + early exit over multi-decade hold.

Negotiation context

• Only 5 days on market — expect competitive offers; lowballing is unlikely to land.
• 5 sale attempts since 22y 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 $68k; list at $128k implies a 86% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1928 — expect roof / HVAC / electrical / plumbing capex.

Recommended offer $127,500

Questions for the listing agent

1. Built in 1928 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. 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?
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: 1.10% ✓
• Cap rate: 8.73%
• Cash-on-cash: 8.71%
• DSCR: 1.39
• GRM: 7.6

CMA / ARV

• ARV (on-the-fly): $114,304
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1135 N Liberty St	0.00mi	3/1.5 (+1)	1,504 (0%)	1mo	$135,000	$90	90
817 N Liberty St	0.39mi	3/2.0 (+1)	1,488 (-1%)	12mo	$152,500	$102	63
113 Hillside Way	0.43mi	3/1.0 (+1)	1,434 (-5%)	7mo	$30,000	$21	55
713 N Ashland Ave	0.54mi	2/1.0	1,632 (+8%)	13mo	$75,000	$46	44
34 W Chartes St	0.71mi	3/1.0 (+1)	1,444 (-4%)	11mo	$67,000	$46	40
402 Mount Pleasant St	0.47mi	3/3.0 (+1)	1,296 (-14%)	11mo	$130,000	$100	39
110 W Chartes St	0.67mi	3/2.0 (+1)	1,308 (-13%)	3mo	$55,000	$42	37
28 W Chartes St	0.73mi	3/1.5 (+1)	1,560 (+4%)	22mo	$60,000	$38	32
141 Kasevic Ln	0.67mi	3/1.0 (+1)	1,318 (-12%)	6mo	$100,000	$76	32
119 Good Ave	0.70mi	3/1.0 (+1)	1,324 (-12%)	18mo	$114,000	$86	22
2021 Martha St	0.72mi	3/1.0 (+1)	1,280 (-15%)	23mo	$125,000	$98	11

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: -3.1%
• Equity multiple: 0.88×
• Total profit: $-4,158
• Equity at exit: $19,011

10-year hold

• IRR: 6.6%
• Equity multiple: 1.49×
• Total profit: $17,628
• Equity at exit: $11,024

Cash invested: $35,700 (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 16102

• Home prices YoY: -9.6%
• Active inventory: 17
• Price-to-rent: 7.6×

Monthly cashflow live

• Estimated rent: $1,399 medium
• Mortgage (P&I): −$669
• Tax from tax record: −$124 /mo · $1,488/yr
• Insurance: −$53
• HOA: −$0
• Vacancy / Maint / Mgmt: −$294
• Net cashflow: $259

Break-even live

Break-even rent $1,071

Max offer price $127,500

Occupancy floor 76%

Sensitivity live

Price	-10% $331	-5% $295	+0% $259	+5% $223	+10% $187
Rent	-10% $149	-5% $204	+0% $259	+5% $314	+10% $370
Rate	-1.0pp $323	-0.5pp $292	base $259	+0.5pp $226	+1.0pp $192

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: $31,875
• Closing costs: $3,825
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
1708 Moravia St New Castle, PA	3.0	2.0	1500	$1,500	$1.00	45d	1	0.59mi
1605 S Jefferson St New Castle, PA	3.0	1.0	1500	$1,500	$1.00	45d	1	0.83mi
503 Galbreath St New Castle, PA	2.0	1.0	1228	$1,295	$1.05	45d	1	1.19mi
712 E Reynolds St New Castle, PA	3.0	1.0	1182	$975	$0.82	45d	1	1.50mi

Listing history 13 events

1. 2026-04-19
   status Pending
2. 2026-04-13
   listed $127,500 Active
3. 2012-05-17
   price $69,900 505-char remark

   Show marketing remark (505 chars)

   Stately Colonial perched atop a hill, well maintained, newer roof and gutters, newly painted first floor laundry with half bath. Large kitchen with room for breakfast area. DR & LR french doors with lead glass window, Foyer with hardwood flooring, elegant banister leading to the upstairs. Charming full bath with claw foot tub. Spacious bedrooms. WU attic with loads of storage space. Drylock treated basement with half bath and fruit cellar, Additional 20x24 pole building. Large fenced back yard.

4. 2012-05-17
   soldstatus $68,500 505-char remark

   Show marketing remark (505 chars)

   Stately Colonial perched atop a hill, well maintained, newer roof and gutters, newly painted first floor laundry with half bath. Large kitchen with room for breakfast area. DR & LR french doors with lead glass window, Foyer with hardwood flooring, elegant banister leading to the upstairs. Charming full bath with claw foot tub. Spacious bedrooms. WU attic with loads of storage space. Drylock treated basement with half bath and fruit cellar, Additional 20x24 pole building. Large fenced back yard.

5. 2012-05-17
   soldstatus $68,500

   Show marketing remark (505 chars)

   Stately Colonial perched atop a hill, well maintained, newer roof and gutters, newly painted first floor laundry with half bath. Large kitchen with room for breakfast area. DR & LR french doors with lead glass window, Foyer with hardwood flooring, elegant banister leading to the upstairs. Charming full bath with claw foot tub. Spacious bedrooms. WU attic with loads of storage space. Drylock treated basement with half bath and fruit cellar, Additional 20x24 pole building. Large fenced back yard.

6. 2012-03-05
   listed $68,500 505-char remark

   Show marketing remark (505 chars)

   Stately Colonial perched atop a hill, well maintained, newer roof and gutters, newly painted first floor laundry with half bath. Large kitchen with room for breakfast area. DR & LR french doors with lead glass window, Foyer with hardwood flooring, elegant banister leading to the upstairs. Charming full bath with claw foot tub. Spacious bedrooms. WU attic with loads of storage space. Drylock treated basement with half bath and fruit cellar, Additional 20x24 pole building. Large fenced back yard.

7. 2010-06-09
   listed $75,000 277-char remark

   Show marketing remark (277 chars)

   This Victorian features lead glass windows, original woodwork, new roof, first first laundry and bath and plenty of charm and character! Situated on nearly half an acre with 4 lots, partially fenced yard, detached garage and additional out building. Attic could be 4th bedroom.

8. 2006-03-16
   soldstatus $68,500
9. 2006-03-15
   soldstatus $68,500
10. 2005-11-13
    listed $69,900
11. 2004-04-26
    soldstatus $61,000
12. 2004-04-23
    soldstatus $61,000
13. 2004-01-13
    listed $57,000

ⓘ 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: $1,488 · $124/mo
• Projected year-2 tax: $1,751 · $146/mo
• Expected delta: +$263/yr (+$22/mo · 17.7%)

ⓘ 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 3/10 Moderate 7 d/yr ≥98°F today · 17 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $16,782
• − Mortgage interest: −$7,142
• − Property taxes: −$1,488
• − Insurance: −$638
• − Repairs & maintenance: −$1,343
• − Management: −$1,343
• − Depreciation: −$3,709
• Taxable income: $1,121
• Est. tax owed @ 24.0%: −$269
• After-tax cash flow: $2,840/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: New Castle Area SD
• NCES district ID: 4216620
• Math proficiency: 9% ▼ -13.00%
• Reading proficiency: 19% ▼ -23.00%
• Median HH income: $30,967
• Composite: 11.08/100
• National rank: #9736
• State rank: #519 of 539 in PA

Livability — Oakland

No livability data for this city. (Only ~50 U.S. cities are tracked.)

Census & demographics

• Census place: Oakland, PA
• Population (ZIP): 4,933

Population outlook (Lawrence County) Hauer SSP2

• Today (2025): 81,781 people
• By 2030: 77,978 · -4.7%
• By 2040: 69,522 · -15.0%
• By 2050: 61,344 · -25.0%
• By 2075: 45,027 · -44.9%
• By 2100: 31,305 · -61.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (91%)
• Race & ethnicity: White 91% Two or more races 6% Black 2%
• Common ancestry: Romanian 11% Serbian 3% Slovak 2%
• Foreign-born: 0%
• Languages at home: 98% English-only · German/W. Germanic 1% Other Indo-European 1%

Political lean MEDSL · Lawrence

• 2024 margin: Solid R (+33.8) · D 32.8% · R 66.5%
• 2008→2024 swing: -28.7pp toward R · 2008: -5.1pp · 2024: -33.8pp
• All cycles: 2024: R+33.8 2020: R+29.6 2016: R+28.1 2012: R+9.0 2008: R+5.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -16.16%
• Current HPI: 153.0061
• 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

+123.7% since first listed

13 events — show timeline

• 2026-04-19 Pending — West Penn MLS
• 2026-04-13 Listed $127,500 West Penn MLS
• 2012-05-17 Sold (Public Records) $68,500 Public Records
• 2012-05-17 Sold (MLS) $68,500 West Penn MLS
• 2012-05-17 Price Changed $69,900 West Penn MLS
• 2012-03-05 Listed $68,500 West Penn MLS
• 2010-06-09 Listed $75,000 West Penn MLS
• 2006-03-16 Sold (Public Records) $68,500 Public Records
• 2006-03-15 Sold (MLS) $68,500 West Penn MLS
• 2005-11-13 Listed $69,900 West Penn MLS
• 2004-04-26 Sold (Public Records) $61,000 Public Records
• 2004-04-23 Sold (MLS) $61,000 West Penn MLS
• 2004-01-13 Listed $57,000 West Penn MLS

Property tax history

+2.4%/yr

Latest (2026): $1,488 · +3.9% YoY. Source: county tax records.