7102 HUMMINGBIRD PLACE, Philadelphia, PA 19153
MULTI_FAMILY - PHILADELPHIA, PA
Property Features for 7102 HUMMINGBIRD PLACE
General Information
Building Details
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Investment Insights
Based on property information with market context.
The property sits on a 0.04-acre lot with a front yard, street lighting, and sidewalks. A finished basement adds usable space and connects to an attached garage with room for two vehicles. Additional off-street parking is available. The address is 7102 Hummingbird Place, Philadelphia, PA 19153.
Key Highlights
- Two apartments with two bedrooms and one bathroom per unit
- 1,900 Square Feet duplex built in 1965
- Separate‑floor layout with combined living and dining areas
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $57.7k | $30.36 |
| − Vacancy | −$3.3k | −$1.76 |
| EGI | $54.3k | $28.60 |
| − OpEx | −$24.5k | −$12.87 |
| NOI | $29.9k | $15.73 |
Alternative Uses
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 19153, PA
Market
Vacancy Rate% for Multifamily in Northeast region