Two-Bedroom Residential Income
For Sale
$239,900
Pending
146 NAOMI COURT, Levittown, PA 19057
Single-level condominium with private outdoor space, in-unit laundry, and access to a community pool.
Property Size1,100 SF
Days on Market57
Property Features for 146 NAOMI COURT
General Information
Standard status
Pending
Size
1,100 SF
Property subtype
Apartment
Amenities
pool
Building Details
Year Built
1988
Listing Agency:
Keller Williams Real Estate-Langhorne
(215) 757-6100
Listed By:
Nancy J Cassidy · License #RS296819
(267) 784-3495
Source:
Cummingsrealtors
Added: Sep 9
Changed: Nov 3
Last Checked: Nov 3 at 6:40AM
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 Real Estate-Langhorne
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Investment Insights
Based on property information with market context.
This first-floor residential income property is a 1,100-square-foot condominium built in 1988. The layout includes a living room, adjoining dining area, kitchen with ample cabinetry and counters, two bedrooms, two full bathrooms, and in-unit laundry. The primary bedroom features a walk-in closet, private bath, and French doors opening to the patio. Central air, ceiling fans, and multiple closets add practical comfort and storage.
The property includes a covered entry and private patio within Crestwood Condominiums. Community amenities include a pool and maintained common areas. Located at 146 Naomi Court in Levittown, Pennsylvania, the condominium is positioned near shopping, dining, and major routes.
The property includes a covered entry and private patio within Crestwood Condominiums. Community amenities include a pool and maintained common areas. Located at 146 Naomi Court in Levittown, Pennsylvania, the condominium is positioned near shopping, dining, and major routes.
Key Highlights
- 1,100‑square‑foot first‑floor condominium
- Two bedrooms and two full bathrooms
- Primary suite with walk‑in closet, private bath, and patio access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,620
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,400
$272.4K
Cap Rate 7%
$194,571
$194.6K
Cap Rate 9%
$151,333
$151.3K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$25.6K $23.28/SF
− Vacancy
−$845 −$0.77/SF
EGI
$24.8K $22.51/SF
− OpEx
−$11.1K −$10.13/SF
NOI
$13.6K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$272,400
Cap Rate 7%
$194,571
Cap Rate 9%
$151,333
Alternative Uses
Best Use
Apartment 5plus
$194.6K
$170.3K – $227.0K
NOI $13,620 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$333.5K
$291.8K – $389.1K
NOI $23,346 @ 7.0% cap · market cap 9.73%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
216
Businesses Nearby
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Business Placement
Demographics for 19057, PA
16,916
Population
6,452
Households
2.6
Avg Household Size
40
Median Age
26%
College-Educated
93%
High-School Grad
4.4 sq mi
ZIP Area
3,845
Density / Sq Mi
$95,089
Median Household Income
$48,682
Median Earnings
$1,518
Median Rent
$299,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Single-level condominium with private outdoor space, in-unit laundry, and access to a community pool.
Where is this residential income property located?
The property is located at 146 NAOMI COURT Levittown, PA.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 1,100‑square‑foot first‑floor condominium; Two bedrooms and two full bathrooms; Primary suite with walk‑in closet, private bath, and patio access
