55 Laurel Way
Lower Towamensing Tp, PA 18071
- – beds
- – baths
- 4,540 sqft
- ~2 acre lot
- $116 per sqft
- 1991 build
Incredible Investment Opportunity to own Large Recreational Property in Beautiful Serene Setting near Blue Mountain Resort & Beltzville Lake. Newly renovated w/ 6 furnished BR’s & 5 full BA’s. Fully equipped kitchen w/ SST GE Appliances & Granite Counters. Two Dining Room Tables. Wet Bar Area’s with 2 mini-fridges and microwaves. Relax on the Large Sectional Couch in the LR w/ Home Entertainment System perfect for listening to music w/ Sonos Home Audio or watch movies on 65-inch flat-screen cable TV equipped with Xbox & PlayStation consoles. Enjoy Forest Views and Twinkling Night Sky w/ drinks on the Furnished Deck around the In Ground Pool. The Family Room even offers pullout bed if additional accommodations are needed. Completely turnkey w/ resident Property Mgr that resides in 1 BR apt over 3 car garage. Investment yields Gross Rents of $75,681 per year. Currently utilizing Evolve vacation rental agency to promote & book year round, but save some time for your family vacations!
Last checked:
As a licensed real estate brokerage, Estately has access to the same database professional Realtors use: the Multiple Listing Service (or MLS). That means we can display all the properties listed by other member brokerages of the local Association of Realtors—unless the seller has requested that the listing not be published or marketed online.
The MLS is widely considered to be the most authoritative, up-to-date, accurate, and complete source of real estate for-sale in the USA.
Estately updates this data as quickly as possible and shares as much information with our users as allowed by local rules. Estately can also email you updates when new homes come on the market that match your search, change price, or go under contract.
Checking…
•
Last updated Nov 8, 2021
•
MLS# 669573 —
Amenities & Taxes
The Building
- Year Built:
- 1991
- Construction:
- Vinyl
- Stories:
- 2.0
- Square Footage:
- 4,540 Sqft
- Square Footage Source:
- Estimated
Financial & Terms
- Possible Financing:
- Cash, Conventional, FHA, VA
Location
- Area:
- Lower Towamensing
The Property
- Property Type:
- Investment Property
- Property Sub Type:
- Investment Property
- Property Sub Type Category:
- Detached
- Zoning Code:
- Residential
- Lot Size Source:
- Tax Records
- Lot Square Footage:
- 86684
- Features:
- Furnished, Wall-to-Wall Carpet, Wash/Dry Hook-ups
- Acres:
- 1.990
Listing Agent
- Contact info:
- No listing contact info available
Taxes
- Total Taxes:
- $8,674
The Listing
- Marketing Remarks:
- Incredible Investment Opportunity to own Large Recreational Property in Beautiful Serene Setting near Blue Mountain Resort & Beltzville Lake. Newly renovated w/ 6 furnished BR’s & 5 full BA’s. Fully equipped kitchen w/ SST GE Appliances & Granite Counters. Two Dining Room Tables. Wet Bar Area’s with 2 mini-fridges and microwaves. Relax on the Large Sectional Couch in the LR w/ Home Entertainment System perfect for listening to music w/ Sonos Home Audio or watch movies on 65-inch flat-screen cable TV equipped with Xbox & PlayStation consoles. Enjoy Forest Views and Twinkling Night Sky w/ drinks on the Furnished Deck around the In Ground Pool. The Family Room even offers pullout bed if additional accommodations are needed. Completely turnkey w/ resident Property Mgr that resides in 1 BR apt over 3 car garage. Investment yields Gross Rents of $75,681 per year. Currently utilizing Evolve vacation rental agency to promote & book year round, but save some time for your family vacations!
Heating & Cooling
- Heat:
- No
- Cooling:
- Central AC
Utilities
- Water:
- Well
- Water Sewer:
- No
- Sewer:
- Septic
- Gas:
- No
- Electric:
- No
Schools
- School District:
- Palmerton
The Community
- Subdivision:
- Little Gap Estates
- Association:
- Lehigh Valley MLS
Parking
- Parking:
- Garage
- Parking Spaces:
- 7
Schools
GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.
The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org
Flood Factor
Flood Factor® provides comprehensive flood risk information from rain, rivers, tides and storm surge and incorporates how future flood risk is changing over time because of a changing environment.
Flood Factor is a 1-10 scoring, from minimal to extreme, that tells you a property’s potential risk of flooding at least once over the life of a 30 year mortgage.
Flood risk data is provided by Flood Factor®, a product of First Street Foundation®. The Flood Factor model is designed to approximate flood risk and not intended to include all possible risks of flood.
- FEMA Zone (est.):
This property has minimal flood risk
This property has a . Although flood risks across the country are changing because of the environment, this property is unlikely to flood over the next 30 years.
Provided by Flood Factor®
Flood Insurance
Recommended: MassiveCert estimates that this property is in FEMA Zone X, which means that flood insurance is recommended, but not required.
ClimateCheck
- Storm Risk
-
Very High
- Drought Risk
-
Significant
- Heat Risk
-
Extreme
- Fire Risk
-
Relatively Low
ClimateCheck® ratings reflect hazard risk at a property relative to the rest of the contiguous United States. Ratings are based on projected 2050 risk and the change from historical risk.
A rating of 1 represents the lowest risk; 100 is the highest.
See the full report from ClimateCheck®
Climate models project that both the frequency and amount of precipitation are likely to increase throughout most of the US. Your storm risk rating is based on both of these dynamics: the typical number of extremely wet or snowy events and the amount of rain or snow that will fall during those storms. An extremely wet event for your area experiences an amount of precipitation over 48 hours that normally happens only 8 times during the 1981-2005 baseline period.
Drought risk is based on water supply stress, which estimates how much of the available water in a location will be used by human activity, like watering the lawn. This information is specific to each watershed, or drainage basin, and takes into account both the projected supply of water, projected demand due to population growth and water use, and features of the watershed, such as soil properties and land cover.
Heat risk estimates are based on the typical number of extremely hot days that you can expect in the future. An extremely hot day for your area has a high temperature that normally happens only on the hottest 8 days of the year, during the baseline period from 1981 to 2005.
Fire risk estimates are based on projections for the average proportion of the area surrounding your home that will burn annually. Baseline estimates for burned area are drawn from the Monitoring Trends in Burn Severity project and MC2 simulation data, and supplemented with Cal-Adapt modeled historical area burned since 1960.
WalkScore®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Max Internet Speed
Provided by BroadbandNow®
View a full reportThis is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
7/15/21
Jul 15, 2021
|
Price Changed | GLVR | $529,900 | -3.6% |
|
6/11/21
Jun 11, 2021
|
Listed / Active | GLVR | $549,900 |