Building Details

Building Size 746 SF

Year Built 2014

Listing Agency: Quinn & Wilson, Inc.

Listed By: Linda K Ross · License #RS119620A Show Phone

Source: Wagnerrealestate

Added: Oct 1 Changed: Nov 2 Last Checked: Nov 3 at 9:01AM

Report an Issue

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 Quinn & Wilson, Inc.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

Built in 2014, this 746-square-foot, third-floor condominium has one bedroom, a full hall bath, and an additional half bath. The living room opens to an awning-covered balcony. The kitchen has gas cooking, a dishwasher, a disposal, oak cabinetry, and an adjacent dining area. Central air conditioning serves the unit.

Building amenities include an elevator, a secured front entrance, and a sprinkler system. Residents also have access to lower-level storage, shared laundry, and bicycle storage. The property is near major roads, retail, college campuses, and public transportation.

Key Highlights

• 746 square feet
• Built in 2014
• One bedroom with an additional half bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$10,079

Cap Rate

8.58%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$201,580 $201.6K

Cap Rate 7%

$143,986 $144.0K

Cap Rate 9%

$111,989 $112.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 746 SF

Gross rent

$19.5K $26.16/SF

− Vacancy

−$1.2K −$1.60/SF

EGI

$18.3K $24.56/SF

− OpEx

−$8.2K −$11.05/SF

NOI

$10.1K $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%

$201,580

Cap Rate 7%

$143,986

Cap Rate 9%

$111,989

Alternative Uses

Best Use

Apartment 5plus

$144.0K

$126.0K – $168.0K (±1% cap)

NOI $10,079 @ 7.0% cap · market cap 8.58%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$429.1K

$375.5K – $500.6K (±1% cap)

NOI $30,037 @ 7.0% cap · market cap 25.56%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1

Residential units

Yes

Sprinkler system

Location Intelligence

Trade Area within ½ mile

607

Businesses Nearby

Explore this area Business Placement

Demographics for 19095, PA

7,880

Population

3,841

Households

2.1

Avg Household Size

44

Median Age

65%

College-Educated

97%

High-School Grad

2.1 sq mi

ZIP Area

3,752

Density / Sq Mi

$108,250

Median Household Income

$66,442

Median Earnings

$1,776

Median Rent

$419,400

Median Home Value

Similar For Sale Nearby

See more

Historic Mixed-Use Property

31 HEWETT ROAD, Wyncote, PA 19095

$1,295,000

7,281 SF

View details

Wyncote Commons Industrial Property

827 Glenside Ave, Wyncote, PA

Contact for pricing

93,423 SF

View details

Flexible Coworking Office Space

147 Greenwood Avenue # PRIVATE OFFICE, Wyncote, PA 19095

Contact for pricing

View details

Cheltenham Avenue Retail Opportunity

2727 W Cheltenham Ave, Wyncote, PA 19095

Contact for pricing

View details

Frequently Asked Questions

What type of property is this?

Residential income property - The third-floor residence includes a half bath, central air conditioning, and access to an elevator-served building.

Where is this residential income property located?

The property is located at 1600 CHURCH ROAD Unit B-301 Wyncote, PA.

What is the asking price?

The asking price for this property is $117,500.

What are key features of this property?

This property features: 746 square feet; Built in 2014; One bedroom with an additional half bath