Two-Bedroom Condominium with
For Sale
$310,000
1311 EAGLES RIDGE DRIVE Unit 11, Chesterbrook, PA 19087
A first-floor layout includes two full baths, in-unit laundry, a gas fireplace, and a covered outdoor area.
Property Size1,050 SF
Price / SF$295.24
Days on Market84
Property Features for 1311 EAGLES RIDGE DRIVE Unit 11
General Information
Standard status
Active
Size
1,050 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,584
Amenities
gas fireplace
covered patio
walk-in closet
laundry area
Building Details
Building Size
1,050 SF
Year Built
1985
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Aug 5
Changed: Oct 27
Last Checked: Oct 27 at 3:18AM
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
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Investment Insights
Based on property information with market context.
This 1,050-square-foot condominium was built in 1985 and is arranged with two bedrooms and two full bathrooms. Its split-bedroom plan places a guest bedroom and hall bath near the entry, while the primary suite includes a private bath and a walk-in closet with organizers. The living and dining area opens to a covered patio through sliding glass doors, and the kitchen connects directly to the main living space. Additional features include a gas fireplace, in-unit laundry, new carpeting, and step-free first-floor access.
The property is in Chesterbrook, Pennsylvania, within the Tredyffrin/Easttown School District. Nearby destinations named include Wilson Farm Park, Valley Forge National Historical Park, King of Prussia, Trader Joe’s, and Wegmans. The listing also identifies access to major highways, SEPTA regional rail, shopping, and restaurants.
The property is in Chesterbrook, Pennsylvania, within the Tredyffrin/Easttown School District. Nearby destinations named include Wilson Farm Park, Valley Forge National Historical Park, King of Prussia, Trader Joe’s, and Wegmans. The listing also identifies access to major highways, SEPTA regional rail, shopping, and restaurants.
Key Highlights
- 1,050‑square‑foot condominium built in 1985
- Two bedrooms and two full bathrooms in a split‑bedroom layout
- Covered patio accessed from the living and dining area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,526
Cap Rate
3.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,520
$210.5K
Cap Rate 7%
$150,371
$150.4K
Cap Rate 9%
$116,956
$117.0K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$22.2K $21.12/SF
− Vacancy
−$3.0K −$2.89/SF
EGI
$19.1K $18.23/SF
− OpEx
−$8.6K −$8.20/SF
NOI
$10.5K $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%
$210,520
Cap Rate 7%
$150,371
Cap Rate 9%
$116,956
Alternative Uses
Best Use
Apartment 5plus
$150.4K
$131.6K – $175.4K
NOI $10,526 @ 7.0% cap · market cap 3.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.3K
$278.6K – $371.4K
NOI $22,284 @ 7.0% cap · market cap 7.19%
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
113
Businesses Nearby
Explore this area
Business Placement
Demographics for 19087, PA
33,501
Population
12,829
Households
2.6
Avg Household Size
40
Median Age
78%
College-Educated
97%
High-School Grad
15.6 sq mi
ZIP Area
2,148
Density / Sq Mi
$165,451
Median Household Income
$71,234
Median Earnings
$2,130
Median Rent
$693,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A first-floor layout includes two full baths, in-unit laundry, a gas fireplace, and a covered outdoor area.
Where is this residential income property located?
The property is located at 1311 EAGLES RIDGE DRIVE Unit 11 Chesterbrook, PA.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 1,050‑square‑foot condominium built in 1985; Two bedrooms and two full bathrooms in a split‑bedroom layout; Covered patio accessed from the living and dining area
