Residential Income Property with
For Sale
$150,000
100 WEST AVENUE Unit 301-S, Jenkintown, PA 19046
Updated one-bedroom condominium with renovated kitchen, private balcony, pool access, and 24-hour concierge service.
Property Size784 SF
Days on Market110
Property Features for 100 WEST AVENUE Unit 301-S
General Information
Standard status
Active
Size
784 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$2,873
Building Details
Building Size
784 SF
Year Built
1965
Listing Agency:
Keller Williams Real Estate Tri-County
(267) 568-8683
Listed By:
Oleksandr Kovtun · License #RS348165
(267) 568-8683
Source:
Lizclarkrealestate
Added: May 8
Changed: Aug 21
Last Checked: Aug 24 at 2:04PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Real Estate Tri-County
Investment Insights
Based on property information with market context.
Unit 301-S is a one-bedroom, one-bath condominium in Beaver Hill Condominiums, built in 1965. The residence features a renovated kitchen with teal cabinetry, butcher block countertops, an industrial-style faucet, and stainless steel appliances that include a gas range, dishwasher, and refrigerator. Hardwood-style flooring extends through the living areas, while the bedroom adds a ceiling fan, built-in shelving, and a walk-in closet. The bathroom has an updated vanity, and the living room opens to a private curved balcony with treetop views.
Building amenities include utility coverage, an outdoor pool, a separate wading pool, landscaped grounds, an attended lobby, and 24-hour concierge service. The condominium is located in Jenkintown, Pennsylvania, at 100 West Avenue, Unit 301-S.
Building amenities include utility coverage, an outdoor pool, a separate wading pool, landscaped grounds, an attended lobby, and 24-hour concierge service. The condominium is located in Jenkintown, Pennsylvania, at 100 West Avenue, Unit 301-S.
Key Highlights
- One‑bedroom, one‑bath condominium at Beaver Hill Condominiums
- Renovated kitchen with teal cabinetry, butcher block countertops, and stainless steel appliances
- Private curved balcony with treetop views
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
$10,592
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
7.06%
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%
$211,840
$211.8K
Cap Rate 7%
$151,314
$151.3K
Cap Rate 9%
$117,689
$117.7K
Market Conditions
NOI Build-Up for 784 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
$20.5K $26.16/SF
− Vacancy
−$1.3K −$1.60/SF
EGI
$19.3K $24.56/SF
− OpEx
−$8.7K −$11.05/SF
NOI
$10.6K $13.51/SF
Area
Montgomery County, PA
Vacancy
6.10%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
45.00%
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%
$211,840
Cap Rate 7%
$151,314
Cap Rate 9%
$117,689
Alternative Uses
Best Use
Apartment 5plus
$151.3K
$132.4K – $176.5K
NOI $10,592 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$451.0K
$394.6K – $526.1K
NOI $31,568 @ 7.0% cap · market cap 21.05%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,599
Businesses Nearby
Explore this area
Business Placement
Demographics for 19046, PA
19,669
Population
8,418
Households
2.3
Avg Household Size
45
Median Age
63%
College-Educated
98%
High-School Grad
6.7 sq mi
ZIP Area
2,936
Density / Sq Mi
$112,959
Median Household Income
$66,042
Median Earnings
$1,433
Median Rent
$446,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated one-bedroom condominium with renovated kitchen, private balcony, pool access, and 24-hour concierge service.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 301-S Jenkintown, PA.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath condominium at Beaver Hill Condominiums; Renovated kitchen with teal cabinetry, butcher block countertops, and stainless steel appliances; Private curved balcony with treetop views
