Penthouse Residential Income
For Sale
$189,900
100 WEST AVENUE Unit 308-W, Jenkintown, PA 19046
A two-bedroom, two-bath layout separates the sleeping area from the main living space.
Property Size1,109 SF
Price / SF$171.24
Days on Market134
Property Features for 100 WEST AVENUE Unit 308-W
General Information
Standard status
Active
Size
1,109 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$4,377
Building Details
Building Size
1,109 SF
Year Built
1965
Listing Agency:
BHHS Fox & Roach-Jenkintown
Listed By:
Mary Ann Hector · License #RS183177L
(215) 518-0967
Source:
Wagnerrealestate
Added: Jun 23
Changed: Nov 2
Last Checked: Nov 3 at 9:00AM
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 BHHS Fox & Roach-Jenkintown
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,064-square-foot penthouse condominium at Beaver Hill has two bedrooms and two full bathrooms, with the bedroom area set apart from the living space. Parquet hardwood flooring spans the main living areas, and a balcony is located on the top floor. The unit also includes a personal storage area in the basement. Built in 1965, the property is in Jenkintown, Pennsylvania.
Downtown Jenkintown, with shops, grocery stores, restaurants, cafes, and entertainment, is within walking distance. The Jenkintown train station is nearby, and Curtis Arboretum offers trails and open space close to the property. Jenkintown School District elementary and high schools are a two-minute walk away. Free parking is available for owners and guests.
Downtown Jenkintown, with shops, grocery stores, restaurants, cafes, and entertainment, is within walking distance. The Jenkintown train station is nearby, and Curtis Arboretum offers trails and open space close to the property. Jenkintown School District elementary and high schools are a two-minute walk away. Free parking is available for owners and guests.
Key Highlights
- Two‑bedroom, two‑bath penthouse condominium with 1,064 square feet
- Top‑floor balcony and parquet hardwood floors in the main living areas
- Separate bedroom wing and personal basement storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,983
Cap Rate
7.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$299,660
$299.7K
Cap Rate 7%
$214,043
$214.0K
Cap Rate 9%
$166,478
$166.5K
Market Conditions
NOI Build-Up for 1,109 SF
Gross rent
$29.0K $26.16/SF
− Vacancy
−$1.8K −$1.60/SF
EGI
$27.2K $24.56/SF
− OpEx
−$12.3K −$11.05/SF
NOI
$15.0K $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 Rate 5%
$299,660
Cap Rate 7%
$214,043
Cap Rate 9%
$166,478
Alternative Uses
Best Use
Apartment 5plus
$214.0K
$187.3K – $249.7K
NOI $14,983 @ 7.0% cap · market cap 7.89%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$637.9K
$558.2K – $744.2K
NOI $44,654 @ 7.0% cap · market cap 23.51%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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
Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom, two-bath layout separates the sleeping area from the main living space.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 308-W Jenkintown, PA.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bath penthouse condominium with 1,064 square feet; Top‑floor balcony and parquet hardwood floors in the main living areas; Separate bedroom wing and personal basement storage area
