Residential Income
For Sale
$255,000
1202 PAINTERS XING, Chadds Ford, PA 19317
Built in 1972, the property is located within the Unionville-Chadds Ford School District.
Property Size1,138 SF
Price / SF$224.08
Days on Market13
Property Features for 1202 PAINTERS XING
General Information
Standard status
Active
Size
1,138 SF
Property subtype
Penthouse Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$3,422
Building Details
Building Size
1,138 SF
Year Built
1972
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Oct 15
Changed: Oct 27
Last Checked: Oct 27 at 4:10AM
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 Keller Williams Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential income property was built in 1972 and is located in Chadds Ford, Pennsylvania. The property information identifies it within the Unionville-Chadds Ford School District.
The address is 1202 Painters Xing, in the Brandywine Valley area. The available details also note access to shopping, dining, and major roadways in the surrounding area.
The address is 1202 Painters Xing, in the Brandywine Valley area. The available details also note access to shopping, dining, and major roadways in the surrounding area.
Key Highlights
- Built in 1972
- Located in the Unionville‑Chadds Ford School District
- Address: 1202 Painters Xing, Chadds Ford, PA 19317
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,408
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,160
$228.2K
Cap Rate 7%
$162,971
$163.0K
Cap Rate 9%
$126,756
$126.8K
Market Conditions
NOI Build-Up for 1,138 SF
Gross rent
$24.0K $21.12/SF
− Vacancy
−$3.3K −$2.89/SF
EGI
$20.7K $18.23/SF
− OpEx
−$9.3K −$8.20/SF
NOI
$11.4K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,160
Cap Rate 7%
$162,971
Cap Rate 9%
$126,756
Alternative Uses
Best Use
Apartment 5plus
$163.0K
$142.6K – $190.1K
NOI $11,408 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$345.0K
$301.9K – $402.5K
NOI $24,152 @ 7.0% cap · market cap 9.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
609
Businesses Nearby
Explore this area
Business Placement
Demographics for 19317, PA
10,714
Population
4,212
Households
2.5
Avg Household Size
45
Median Age
69%
College-Educated
97%
High-School Grad
21.8 sq mi
ZIP Area
491
Density / Sq Mi
$154,933
Median Household Income
$82,454
Median Earnings
$2,003
Median Rent
$588,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Built in 1972, the property is located within the Unionville-Chadds Ford School District.
Where is this residential income property located?
The property is located at 1202 PAINTERS XING Chadds Ford, PA.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Built in 1972; Located in the Unionville‑Chadds Ford School District; Address: 1202 Painters Xing, Chadds Ford, PA 19317
