$199,900
3 bd|1.5 ba|1,408 sqft
202 Madison Ave, Laureldale, PA 19605
Listed by Keller Williams Platinum Realty - Wyomissing
Under Contract1 of 16
Listing description
Discover a prime investment opportunity in the sought-after West Lawn neighborhood. This twin/semi-detached home, built in 1924, offers a solid foundation for rental income or future resale. With 3 bedrooms and 1.5 bathrooms, the layout is ideal for attracting tenants seeking space and comfort. The property features an unfinished basemen, while offering off-street parking for convenience. Investors will appreciate the potential for value appreciation in this established community, coupled with the low maintenance of a block construction. Projected Profit Potential: Gross Rents: $24,000 Annual NOI: $17,316 Cap Rate: 8.09% *10% holdback for vacancy and maintenance accounted for Cash on Cash Return: 8.80% *10% holdback for vacancy and maintenance accounted for ARV: $240,000-$250,000 Schedule a viewing today!
Facts & features
Interior
- Bedrooms
- 3
- Bathrooms
- 1 full · 1 half
- Living area
- 1,188 sq ft
- Heating
- Hot Water
- Cooling
- Window Unit(s)
Property & construction
- Property type
- Residential · Twin/Semi-Detached
- Architectural style
- Side-by-Side
- Year built
- 1924
Lot & parking
- Lot size
- 0.08 acres (3,485 sq ft)
Financial
- Price / sq ft
- $168
- HOA dues
- None
Listing details
- MLS #
- PABK2074186
- County
- Berks County
- School district
- Wilson
- Days on market
- 9 days
Price history
| Date | Event | Price |
|---|---|---|
| Jun 25, 2026 | Listed for sale | $199,000 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
The NookLocal estimate
$207,129
range $196,773 to $217,485
High confidenceAbove the asking price by 4%.
Automated estimate, not an appraisal.
Estimated taxes
Estimated at current rates
$3,053 / year
≈ $254 per month
MLS shows (2026)
$3,326
-8.2% at current rates
School tax
WILSON · 31.80 mills (2025-26)
$2,379
County tax
Berks County · 9.01 mills (2026)
$674
Municipal tax
Not reported in the MLS feed
—
Recomputed from the county assessment ($74,800, 1994 base year) × current millage — portals typically reprint the recorded 2026 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Berks County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.
Estimated monthly payment calculator
$39,800 (20%)
6.75%
Loan term
Estimated monthly payment
$1,345/mo
- Principal & interest
- $1,033
- Property taxes (current rates)
- $254
- Home insurance (est.)
- $58
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. Estimate only; verify before relying on it.
Area statistics
School district
Wilson
- Academic index
- 62.1/100
- Graduation rate
- 90.7%
- PSSA ELA proficient
- 54.9%
2025 PA state assessments (PSSA / Keystone) and graduation data. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Berks Countycrime & safety numbers →
FBI and Pennsylvania source data, presented without spin.
Property taxes
Berks County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
Map location
Open in Google Maps© BRIGHT, All Rights Reserved
Information Deemed Reliable But Not Guaranteed
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on this website may no longer be available because they are under contract, have Closed or are no longer being offered for sale.
Data last updated: July 4, 2026 at 2:29 AM EDT
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