One-Bedroom Residential Income
New
For Sale
$115,000
1600 CHURCH ROAD Unit B108, Wyncote, PA 19095
Corner placement and numerous windows bring natural light, while central air conditioning serves the unit.
Property Size742 SF
Days on Market6
Property Features for 1600 CHURCH ROAD Unit B108
General Information
Standard status
Active
Size
742 SF
Elevators
Yes
Property subtype
Penthouse Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$3,197
Amenities
central air conditioning
gas heat
lawn maintenance
snow removal
trash
water services
extra storage closet
laundry facilities
main entrance lock
Building Details
Building Size
742 SF
Year Built
2014
Listing Agency:
Quinn & Wilson, Inc.
Listed By:
Linda K Ross · License #RS119620A
(215) 885-7600
Source:
Lizclarkrealestate
Added: Sep 22
Changed: Sep 26
Last Checked: Sep 26 at 11:37AM
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.
Investment Insights
Based on property information with market context.
Built in 2014, this one-bedroom residential unit includes a full tiled bathroom, central air conditioning, and a corner position with numerous windows. An extra storage closet adds dedicated storage, and residents have access to laundry facilities and an elevator. Building security features include a locked main entrance and an indoor sprinkler system.
Association services include gas heat, lawn maintenance, snow removal, trash collection, and water. The property is located in Wyncote, Pennsylvania.
Association services include gas heat, lawn maintenance, snow removal, trash collection, and water. The property is located in Wyncote, Pennsylvania.
Key Highlights
- Built in 2014
- One‑bedroom layout with a full tiled bathroom
- Corner unit with numerous windows and central air conditioning
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
$10,025
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
8.72%
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%
$200,500
$200.5K
Cap Rate 7%
$143,214
$143.2K
Cap Rate 9%
$111,389
$111.4K
Market Conditions
NOI Build-Up for 742 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
$19.4K $26.16/SF
− Vacancy
−$1.2K −$1.60/SF
EGI
$18.2K $24.56/SF
− OpEx
−$8.2K −$11.05/SF
NOI
$10.0K $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 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%
$200,500
Cap Rate 7%
$143,214
Cap Rate 9%
$111,389
Alternative Uses
Best Use
Apartment 5plus
$143.2K
$125.3K – $167.1K
NOI $10,025 @ 7.0% cap · market cap 8.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$426.8K
$373.5K – $497.9K
NOI $29,876 @ 7.0% cap · market cap 25.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Corner placement and numerous windows bring natural light, while central air conditioning serves the unit.
Where is this residential income property located?
The property is located at 1600 CHURCH ROAD Unit B108 Wyncote, PA.
What is the asking price?
The asking price for this property is $115,000.
What are key features of this property?
This property features: Built in 2014; One‑bedroom layout with a full tiled bathroom; Corner unit with numerous windows and central air conditioning
