First-Floor Residential Income
For Sale
$269,000
133 VALLEY GREENE, Wyomissing, PA 19610
Updated condominium with one-floor living, contemporary appliances, durable plank flooring, and a private patio.
Property Size1,180 SF
Days on Market32
Property Features for 133 VALLEY GREENE
General Information
Standard status
Active
Size
1,180 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
private patio
Building Details
Building Size
1,180 SF
Year Built
1986
Listing Agency:
Skye Real Estate, LLC
(610) 473-1300
Listed By:
Ashley K. Brewer
(610) 473-1300
Source:
Tylermillerteam.kw
Added: Jul 31
Changed: Aug 29
Last Checked: Aug 30 at 1:20PM
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 Skye Real Estate, LLC
Investment Insights
Based on property information with market context.
This first-floor condominium in the Valley Green community offers a two-bedroom, two-bath layout with one-floor living. The residence was built in 1986 and has received updates including refreshed bathrooms, a kitchen equipped with modern appliances, and luxury vinyl plank flooring throughout. A private patio extends the living area outdoors.
Located at 133 Valley Greene Circle in Wyomissing, the property is positioned within a residential community near shopping, dining, parks, recreation, healthcare, and major transportation routes. The condominium provides a low-maintenance residential format with updated interior finishes and direct outdoor space.
Located at 133 Valley Greene Circle in Wyomissing, the property is positioned within a residential community near shopping, dining, parks, recreation, healthcare, and major transportation routes. The condominium provides a low-maintenance residential format with updated interior finishes and direct outdoor space.
Key Highlights
- Two‑bedroom, two‑bath first‑floor condominium
- Two fully updated bathrooms
- Kitchen includes modern appliances
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
$10,168
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
3.78%
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%
$203,360
$203.4K
Cap Rate 7%
$145,257
$145.3K
Cap Rate 9%
$112,978
$113.0K
Market Conditions
NOI Build-Up for 1,180 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
$19.3K $16.32/SF
− Vacancy
−$770 −$0.65/SF
EGI
$18.5K $15.67/SF
− OpEx
−$8.3K −$7.05/SF
NOI
$10.2K $8.62/SF
Area
Berks County, PA
Vacancy
4.00%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
45.00%
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%
$203,360
Cap Rate 7%
$145,257
Cap Rate 9%
$112,978
Alternative Uses
Best Use
Apartment 5plus
$145.3K
$127.1K – $169.5K
NOI $10,168 @ 7.0% cap · market cap 3.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$193.7K
$169.5K – $226.0K
NOI $13,560 @ 7.0% cap · market cap 5.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,290
Businesses Nearby
Explore this area
Business Placement
Demographics for 19610, PA
16,024
Population
7,327
Households
2.2
Avg Household Size
46
Median Age
54%
College-Educated
98%
High-School Grad
7.1 sq mi
ZIP Area
2,257
Density / Sq Mi
$91,034
Median Household Income
$52,707
Median Earnings
$1,669
Median Rent
$320,100
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated condominium with one-floor living, contemporary appliances, durable plank flooring, and a private patio.
Where is this residential income property located?
The property is located at 133 VALLEY GREENE Wyomissing, PA.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath first‑floor condominium; Two fully updated bathrooms; Kitchen includes modern appliances
