Corner Residential Income
For Sale
$237,500
100 WEST AVENUE #226-S, Jenkintown, PA 19046
Second-floor condominium with generous living areas, private outdoor space, and convenient access to rail, school, dining, and shopping.
Property Size1,300 SF
Price / SF$182.69
Days on Market332
Property Features for 100 WEST AVENUE #226-S
General Information
Standard status
Active
Size
1,300 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
private balcony
concierge
walk-in closet
pantry
storage closet
parquet floors
high ceilings
recessed lighting
gas cooking
Central A/C
Forced Air
Deck
Building Details
Year Built
1965
Listing Agency:
(215) 962-7541
Listed By:
Bryan Capone · License #AB068078
(215) 962-7541
Source:
Kw
Added: Oct 3, 2025
Changed: Aug 28
Last Checked: Aug 29 at 5:21PM
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 Bryan Capone
Investment Insights
Based on property information with market context.
This second-floor corner condominium at Beaver Hill Condos offers three bedrooms, two bathrooms, and more than 1,300 square feet of interior space. The layout includes a foyer, expansive living and dining areas, a separate kitchen with gas cooking and pantry storage, a large walk-in storage closet, and a primary suite with a walk-in closet, stall shower, and double vanity. Parquet flooring, high ceilings, recessed lighting, central A/C, and forced-air heat are included. A private balcony extends from the living area, while elevator access and a concierge serve the building.
The property is located at 100 West Avenue in Jenkintown, approximately a two-minute walk from Jenkintown Train Station and Jenkintown Elementary School. Restaurants, cafés, and shopping are also nearby. The condominium was built in 1965, and condo fees include all utilities.
The property is located at 100 West Avenue in Jenkintown, approximately a two-minute walk from Jenkintown Train Station and Jenkintown Elementary School. Restaurants, cafés, and shopping are also nearby. The condominium was built in 1965, and condo fees include all utilities.
Key Highlights
- Three‑bedroom, two‑bathroom corner unit with more than 1,300 SF
- Private balcony, parquet floors, high ceilings, and recessed lighting
- Primary suite includes a stall shower, double vanity, and walk‑in closet
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
$17,563
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
7.39%
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%
$351,260
$351.3K
Cap Rate 7%
$250,900
$250.9K
Cap Rate 9%
$195,144
$195.1K
Market Conditions
NOI Build-Up for 1,300 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
$34.0K $26.16/SF
− Vacancy
−$2.1K −$1.60/SF
EGI
$31.9K $24.56/SF
− OpEx
−$14.4K −$11.05/SF
NOI
$17.6K $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%
$351,260
Cap Rate 7%
$250,900
Cap Rate 9%
$195,144
Alternative Uses
Best Use
Apartment 5plus
$250.9K
$219.5K – $292.7K
NOI $17,563 @ 7.0% cap · market cap 7.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$747.8K
$654.3K – $872.4K
NOI $52,344 @ 7.0% cap · market cap 22.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor condominium with generous living areas, private outdoor space, and convenient access to rail, school, dining, and shopping.
Where is this residential income property located?
The property is located at 100 WEST AVENUE #226-S Jenkintown, PA.
What is the asking price?
The asking price for this property is $237,500.
What are key features of this property?
This property features: Three‑bedroom, two‑bathroom corner unit with more than 1,300 SF; Private balcony, parquet floors, high ceilings, and recessed lighting; Primary suite includes a stall shower, double vanity, and walk‑in closet
