Residential Income Property with
For Sale
$175,000
100 WEST AVENUE Unit 212-S, Jenkintown, PA 19046
Second-floor condominium with two bedrooms, updated bath fixtures, on-site laundry, and building services included in the condominium fee.
Property Size1,024 SF
Days on Market119
Property Features for 100 WEST AVENUE Unit 212-S
General Information
Standard status
Active
Size
1,024 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$4,140
Building Details
Building Size
1,024 SF
Year Built
1965
Listing Agency:
BHHS Fox & Roach-Chestnut Hill
Listed By:
Maria L Morrow · License #RS308109
(215) 840-9592
Source:
Lizclarkrealestate
Added: May 7
Changed: Aug 29
Last Checked: Sep 1 at 11:32PM
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-Chestnut Hill
Investment Insights
Based on property information with market context.
This second-floor condominium offers a practical layout with two bedrooms, a galley kitchen equipped with white appliances, a pantry, and adjoining living and dining areas. Sliding glass doors open to a balcony, while bedroom storage includes one walk-in closet and one double closet. The full bathroom features a newer vanity, and the unit has been freshly painted. A common laundry room is located on the same floor, with additional storage in the lower level.
Beaver Hill Condominium provides a secured mail area, staffed front entrance, elevator access, and an attractive lobby. The condominium fee includes electric, gas, sewer, water, and trash service. The property is near shopping, restaurants, parks, and the Jenkintown Train Station. Built in 1965, the building combines established construction with convenient shared amenities.
Beaver Hill Condominium provides a secured mail area, staffed front entrance, elevator access, and an attractive lobby. The condominium fee includes electric, gas, sewer, water, and trash service. The property is near shopping, restaurants, parks, and the Jenkintown Train Station. Built in 1965, the building combines established construction with convenient shared amenities.
Key Highlights
- Two‑bedroom second‑floor condominium with balcony access
- Galley kitchen with white appliances, pantry, and dining‑area passthrough
- One walk‑in closet and one double 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
$13,835
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
7.91%
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%
$276,700
$276.7K
Cap Rate 7%
$197,643
$197.6K
Cap Rate 9%
$153,722
$153.7K
Market Conditions
NOI Build-Up for 1,024 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
$26.8K $26.16/SF
− Vacancy
−$1.6K −$1.60/SF
EGI
$25.2K $24.56/SF
− OpEx
−$11.3K −$11.05/SF
NOI
$13.8K $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%
$276,700
Cap Rate 7%
$197,643
Cap Rate 9%
$153,722
Alternative Uses
Best Use
Apartment 5plus
$197.6K
$172.9K – $230.6K
NOI $13,835 @ 7.0% cap · market cap 7.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$589.0K
$515.4K – $687.2K
NOI $41,231 @ 7.0% cap · market cap 23.56%
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 - Second-floor condominium with two bedrooms, updated bath fixtures, on-site laundry, and building services included in the condominium fee.
Where is this residential income property located?
The property is located at 100 WEST AVENUE Unit 212-S Jenkintown, PA.
What is the asking price?
The asking price for this property is $175,000.
What are key features of this property?
This property features: Two‑bedroom second‑floor condominium with balcony access; Galley kitchen with white appliances, pantry, and dining‑area passthrough; One walk‑in closet and one double closet
