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Off-Market
1158 Castle Hill Rd
Towanda, PA 18848, USA
List price
$250,000
3
beds
2
baths
1,352
sq ft
2019-01-02
built
Single Family
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Story
Mineral Rights & Natural Gas Royalties:
- Owner is receiving monthly royalty payments from Chesapeake Energy associated with active well that is on the neighbor's property.
- Well name: Bustin Homestead (in service since 2012)
- Royalties vary based on price of natural gas and well output (as much as $2,000/yr, currently ~$50/month according to the seller)
- Oil And Gas Lease (PDF)
- For additional information, contact Chesapeake Energy Owner Relations Group at 877-245-1427
Fixtures:
- New double-wide manufactured home valued at $114,000 (26' x 52')
- Stainless steel appliances
- New 12' x 24' deck with 8 person hot tub
- New well for water
- Full sized barn
- 2 silos
- Propane heat
Additional info:
- Tax Account #: 38-073-282-002-000-000
Property details
20 details the seller has shared
Property
· The bones — what the buyer sees first
Bedrooms
3
Full baths
2
Finished sq ft
1,352 sq ft
Above-grade sq ft
1,352 sq ft
Below-grade finished sq ft
0 sq ft
Year built
2019
Stories
1
Units
1
Property type
Single Family
Occupancy
Owner Occupied Property
Condition (1–5)
4
Neighborhood
Sheshequin Township
County
Bradford County
Financials
· What it earns and what it costs to hold
ARV (after repair)
$300,000
Tax-assessed value
$36,750
Property tax rate
0.25%
Cap rate
10%
Cash-on-cash return
25%
Monthly cash flow
$1,000 /mo
History & terms
· Past sales, updates, and deal mechanics
Year renovated
2019
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