New Construction
For Sale
$619,900
1201 N TAYLOR, Philadelphia, PA 19121
Two separately entered residences offer distinct layouts and outdoor living areas.
Property Size2,665 SF
Days on Market95
Property Features for 1201 N TAYLOR
General Information
Standard status
Active
Size
2,665 SF
Property subtype
Duplex
Additional Details
Multifamily Units
2
Taxes and HOA fees
Annual Taxes
$1,735
Building Details
Building Size
2,665 SF
Year Built
2023
Buildings
1
Listing Agency:
RE/MAX Access
(215) 651-0702
Listed By:
Steven D Capriotti · License #AB066366
(215) 651-0702
Source:
Patmckennarealtors
Added: May 14
Changed: Aug 15
Last Checked: Aug 16 at 3:38PM
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 RE/MAX Access
Investment Insights
Based on property information with market context.
Completed in 2023, this duplex contains two separately accessed residences with distinct interior layouts. Unit 1 is arranged across two levels and includes a contemporary kitchen, two bedrooms, two full ceramic tile bathrooms, and a rear yard. Unit 2 has an open living arrangement, two bedrooms, two full ceramic tile bathrooms, an additional powder room, and a roof deck.
The property is located at 1201 N Taylor in Philadelphia, Pennsylvania. Separate entrances provide independent access to each residence, while the differing floor plans and outdoor features create a varied two-unit configuration.
The property is located at 1201 N Taylor in Philadelphia, Pennsylvania. Separate entrances provide independent access to each residence, while the differing floor plans and outdoor features create a varied two-unit configuration.
Key Highlights
- Duplex completed in 2023
- Two units with separate entrances
- Unit 1 includes a bi‑level layout, two bedrooms, two full ceramic tile baths, and a rear yard
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
$45,478
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
7.34%
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%
$909,560
$909.6K
Cap Rate 7%
$649,686
$649.7K
Cap Rate 9%
$505,311
$505.3K
Market Conditions
NOI Build-Up for 2,665 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
$68.8K $25.80/SF
− Vacancy
−$3.8K −$1.42/SF
EGI
$65.0K $24.38/SF
− OpEx
−$19.5K −$7.31/SF
NOI
$45.5K $17.06/SF
Area
Philadelphia, PA
Vacancy
5.51%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
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%
$909,560
Cap Rate 7%
$649,686
Cap Rate 9%
$505,311
Alternative Uses
Best Use
Multifamily LT 5
$649.7K
$568.5K – $758.0K
NOI $45,478 @ 7.0% cap · market cap 7.34%
Second Best
Apartment 5plus
$598.8K
$524.0K – $698.7K
NOI $41,919 @ 7.0% cap · market cap 6.76%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,435
Businesses Nearby
Explore this area
Business Placement
Demographics for 19121, PA
41,799
Population
19,673
Households
2.1
Avg Household Size
28
Median Age
25%
College-Educated
84%
High-School Grad
2.4 sq mi
ZIP Area
17,416
Density / Sq Mi
$36,208
Median Household Income
$29,915
Median Earnings
$1,082
Median Rent
$250,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separately entered residences offer distinct layouts and outdoor living areas.
Where is this duplex located?
The property is located at 1201 N TAYLOR Philadelphia, PA.
What is the asking price?
The asking price for this property is $619,900.
What are key features of this property?
This property features: Duplex completed in 2023; Two units with separate entrances; Unit 1 includes a bi‑level layout, two bedrooms, two full ceramic tile baths, and a rear yard
