Triplex with Loft
For Sale
$419,000
310 SYCAMORE Avenue, Folsom, PA 19033
Multi-Family, FOLSOM, PA
Property Size2,206 SF
Lot Size0.14 Acres
Price / SF$189.94
Days on Market45
Property Features for 310 SYCAMORE Avenue
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Rooms
Basement
Parking features
Parking Lot
Subdivision
NONE AVAILABLE
Elementary school
EDGEWOOD
Middle school
RIDLEY
High school
RIDLEY
Elementary school district
RIDLEY
Middle school district
RIDLEY
High school district
RIDLEY
Standard status
Active
Size
2,206 SF
Lot size
0.14 Acres
Taxes and HOA fees
Tax Annual Amount
8716
Utilities
Heating system
Hot Water(Heating)
Cooling system
Wall Unit(s)
Building Details
Year built
1975
Number of units
1
Building materials
Frame
Listing Agency:
Century 21 Preferred · Century 21 Real Estate
(610) 565-8990
Listed By:
Mikhail Zalivchii · License #RS336794
(484) 983-7406
Added: Jul 25
Changed: Sep 3
Last Checked: Sep 7 at 5:06PM
MLS# PADE2120482
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,206-square-foot frame triplex was built in 1975 and includes a basement, hot-water heating, wall-unit cooling, and a parking lot. Each residential unit has separate electric metering, while the common area is separately metered. The upper-level units are served by a rear fire escape, and the third-floor residence includes a spiral stairway leading to a naturally lit loft.
The property is located in Folsom near MacDade Blvd. and provides access to I-476, I-95, and public transportation. Shopping and dining are within walking distance, and the property is associated with the Ridley school district. The parcel contains 0.14 acres.
The property is located in Folsom near MacDade Blvd. and provides access to I-476, I-95, and public transportation. Shopping and dining are within walking distance, and the property is associated with the Ridley school district. The parcel contains 0.14 acres.
Key Highlights
- 2,206‑square‑foot frame triplex on a 0.14‑acre parcel
- Separate electric meters for each unit and the common area
- Third‑floor unit includes a spiral staircase to a loft with natural light
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$24,179
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,580
$483.6K
Cap Rate 7%
$345,414
$345.4K
Cap Rate 9%
$268,656
$268.7K
Market Conditions
NOI Build-Up for 2,206 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$39.7K $18.00/SF
− Vacancy
−$5.2K −$2.34/SF
EGI
$34.5K $15.66/SF
− OpEx
−$10.4K −$4.70/SF
NOI
$24.2K $10.96/SF
Area
Delaware County, PA
Vacancy
13.01%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$483,580
Cap Rate 7%
$345,414
Cap Rate 9%
$268,656
Alternative Uses
Best Use
Multifamily LT 5
$345.4K
$302.2K – $403.0K
NOI $24,179 @ 7.0% cap · market cap 5.77%
Second Best
Apartment 5plus
$315.9K
$276.4K – $368.6K
NOI $22,114 @ 7.0% cap · market cap 5.28%
Theoretical Best
Office A
$668.8K
$585.2K – $780.3K
NOI $46,819 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Explore this area
Business Placement
Demographics for 19033, PA
7,798
Population
2,987
Households
2.6
Avg Household Size
40
Median Age
31%
College-Educated
93%
High-School Grad
1.2 sq mi
ZIP Area
6,498
Density / Sq Mi
$102,313
Median Household Income
$50,659
Median Earnings
$1,284
Median Rent
$264,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three-unit residential property with separate electric metering, on-site parking, and a third-floor loft with natural light.
Where is this triplex located?
The property is located at 310 SYCAMORE Avenue Folsom, PA.
What is the asking price?
The asking price for this property is $419,000.
What are key features of this property?
This property features: 2,206‑square‑foot frame triplex on a 0.14‑acre parcel; Separate electric meters for each unit and the common area; Third‑floor unit includes a spiral staircase to a loft with natural light
