Two-Bedroom Residential Income
For Sale
$140,000
1426 BYWOOD AVENUE, Upper Darby, PA 19082
Second-floor condo with central air, off-street parking, month-to-month tenancy, and access to the Beverly Blvd. light rail station.
Property Size832 SF
Days on Market19
Property Features for 1426 BYWOOD AVENUE
General Information
Standard status
Active
Size
832 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$3,330
Building Details
Building Size
832 SF
Year Built
1984
Listing Agency:
BHHS Fox & Roach-Jenkintown
Listed By:
Paul D Welsh · License #AB067719
(215) 990-2170
Source:
Patmckennarealtors
Added: Aug 20
Changed: Sep 6
Last Checked: Sep 7 at 8:10AM
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 BHHS Fox & Roach-Jenkintown
Investment Insights
Based on property information with market context.
Built in 1984, this second-floor condominium includes two bedrooms and one bathroom. The unit has central air and off-street parking, and the property carries no condo fee. It is currently occupied by long-term tenants under a month-to-month lease.
The condo is located at 1426 Bywood Avenue in Upper Darby, just steps from the Beverly Blvd. light rail station. The unit needs updating, providing a clear opportunity to address the interior through future improvements.
The condo is located at 1426 Bywood Avenue in Upper Darby, just steps from the Beverly Blvd. light rail station. The unit needs updating, providing a clear opportunity to address the interior through future improvements.
Key Highlights
- Two‑bedroom, one‑bath second‑floor condo
- Built in 1984
- Central air and off‑street parking
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
$8,340
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
5.96%
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%
$166,800
$166.8K
Cap Rate 7%
$119,143
$119.1K
Cap Rate 9%
$92,667
$92.7K
Market Conditions
NOI Build-Up for 832 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
$17.6K $21.12/SF
− Vacancy
−$2.4K −$2.89/SF
EGI
$15.2K $18.23/SF
− OpEx
−$6.8K −$8.20/SF
NOI
$8.3K $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 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%
$166,800
Cap Rate 7%
$119,143
Cap Rate 9%
$92,667
Alternative Uses
Best Use
Apartment 5plus
$119.1K
$104.3K – $139.0K
NOI $8,340 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$252.3K
$220.7K – $294.3K
NOI $17,658 @ 7.0% cap · market cap 12.61%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,501
Businesses Nearby
Explore this area
Business Placement
Demographics for 19082, PA
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor condo with central air, off-street parking, month-to-month tenancy, and access to the Beverly Blvd. light rail station.
Where is this residential income property located?
The property is located at 1426 BYWOOD AVENUE Upper Darby, PA.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath second‑floor condo; Built in 1984; Central air and off‑street parking
