Colonial-Style Single-Family
1102 ORLEANS Road Cheltenham, PA 19012
New
For Sale
$495,000
LAND - Colonial - CHELTENHAM, PA
Property Size2,128 SF
Lot Size0.24 Acres
Price / SF$232.61
Days on Market3
Property Features for 1102 ORLEANS Road
General Information
- Property type
- Land
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 1
- Parking features
- Garage - Detached
- Fireplace
- 1
- Standard status
- Active
- Size
- 2,128 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Annual Amount
- 12039
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1951
- Floors in Building
- 3
- Building materials
- Brick
- Architectural style
- Colonial
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Sarah Khim · License #RS375125
(215) 433-5135
Added: Jul 23
Last Checked: Jul 25 at 12:06AM
MLS# PAMC2188776
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This colonial-style single-family home offers a bright main level with a living room featuring a fireplace, a formal dining room, and a modern kitchen with granite countertops and a dishwasher. The first floor also includes a half bath for guests and a bedroom for added flexibility. Upstairs, there are three bedrooms, including two primary suites, each with closet space and access to expansive attic areas for additional storage or future possibilities.
The home sits on a large lot with lush outdoor space, including a spacious backyard, a raised deck, and parking for approximately 5–6 additional vehicles, plus a one-car garage. A large walk-out basement, accessible from inside and outside, provides room to create a finished recreation area, home gym, office, or other living space.
Recent updates include a new roof (2021), newer central heating and air conditioning, and a newer water heater. The property is being sold in its present “AS IS” condition.
The home sits on a large lot with lush outdoor space, including a spacious backyard, a raised deck, and parking for approximately 5–6 additional vehicles, plus a one-car garage. A large walk-out basement, accessible from inside and outside, provides room to create a finished recreation area, home gym, office, or other living space.
Recent updates include a new roof (2021), newer central heating and air conditioning, and a newer water heater. The property is being sold in its present “AS IS” condition.
Key Highlights
- Brick Colonial home built in 1951 with central air and forced‑air heating
- New roof in 2021 plus newer water heater and newer central heating/air conditioning system
- Fireplace in the bright living room; formal dining room included
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 | $55.7k | $26.16 |
| − Vacancy | −$3.4k | −$1.60 |
| EGI | $52.3k | $24.56 |
| − OpEx | −$23.5k | −$11.05 |
| NOI | $28.7k | $13.51 |
2,128 SF · lease $26.16/SF/yr · vacancy 6.10% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$410.7K
$359.4K – $479.2K
NOI $28,750 @ 7.0% cap · market cap 5.81%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.22M
$1.07M – $1.43M
NOI $85,683 @ 7.0% cap · market cap 17.31%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Single family properties
FAQs
What type of property is this?
Single family property - Move-in-ready colonial home with a one-car garage, driveway parking, and a walk-out basement with great expansion space.
Where is this single family property located?
The property is located at 1102 ORLEANS Road Cheltenham, PA.
What is the asking price?
The asking price for this property is $495,000.
What are key features of this property?
This property features: Brick Colonial home built in 1951 with central air and forced‑air heating; New roof in 2021 plus newer water heater and newer central heating/air conditioning system; Fireplace in the bright living room; formal dining room included
