First-Floor Residential Income
For Sale
$135,000
1212 FOREST LANE Unit A-4, Schwenksville, PA 19473
The two-bedroom condo features a full bath, a dedicated dining area, and a kitchen with a dishwasher.
Property Size902 SF
Price / SF$149.67
Days on Market105
Property Features for 1212 FOREST LANE Unit A-4
General Information
Standard status
Active
Size
902 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,231
Building Details
Building Size
902 SF
Year Built
1971
Listing Agency:
KW Greater West Chester
Listed By:
John Patrick · License #RM423959
(610) 659-1746
Source:
Thejrsrealtygroup
Added: Jul 21
Changed: Nov 2
Last Checked: Nov 1 at 1:41AM
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 KW Greater West Chester
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 902-square-foot, first-floor condo in Spring Mountain Summit Community has two bedrooms and one full bath. The living room connects with a separate dining area, while the kitchen offers cabinet storage and a dishwasher. Luxury vinyl plank flooring runs through the living and dining spaces, and the unit was recently painted. Built in 1971, the property is located at 1212 Forest Lane, Unit A-4, in Schwenksville, Pennsylvania.
Key Highlights
- 902‑square‑foot condo with two bedrooms and one full bath
- First‑floor unit in Spring Mountain Summit Community
- Living room and separate dining area feature luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,186
Cap Rate
9.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,720
$243.7K
Cap Rate 7%
$174,086
$174.1K
Cap Rate 9%
$135,400
$135.4K
Market Conditions
NOI Build-Up for 902 SF
Gross rent
$23.6K $26.16/SF
− Vacancy
−$1.4K −$1.60/SF
EGI
$22.2K $24.56/SF
− OpEx
−$10.0K −$11.05/SF
NOI
$12.2K $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 Rate 5%
$243,720
Cap Rate 7%
$174,086
Cap Rate 9%
$135,400
Alternative Uses
Best Use
Apartment 5plus
$174.1K
$152.3K – $203.1K
NOI $12,186 @ 7.0% cap · market cap 9.03%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$518.8K
$454.0K – $605.3K
NOI $36,319 @ 7.0% cap · market cap 26.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
154
Businesses Nearby
Explore this area
Business Placement
Demographics for 19473, PA
16,028
Population
6,801
Households
2.4
Avg Household Size
42
Median Age
55%
College-Educated
96%
High-School Grad
24.3 sq mi
ZIP Area
660
Density / Sq Mi
$135,386
Median Household Income
$70,174
Median Earnings
$1,400
Median Rent
$454,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom condo features a full bath, a dedicated dining area, and a kitchen with a dishwasher.
Where is this residential income property located?
The property is located at 1212 FOREST LANE Unit A-4 Schwenksville, PA.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: 902‑square‑foot condo with two bedrooms and one full bath; First‑floor unit in Spring Mountain Summit Community; Living room and separate dining area feature luxury vinyl plank flooring
