Two-Bedroom Residential Income
For Sale
$149,900
1600 CHURCH ROAD Unit C-212, Wyncote, PA 19095
Bright condominium residence with a private balcony, flexible living areas, and on-site parking within a landscaped community.
Property Size893 SF
Days on Market14
Property Features for 1600 CHURCH ROAD Unit C-212
General Information
Standard status
Active
Size
893 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,970
Amenities
private balcony
gas range
refrigerator
dishwasher
range hood
breakfast area
sliding glass doors
walkways
landscaped green space
Building Details
Building Size
893 SF
Year Built
1963
Listing Agency:
EXP Realty, LLC
(215) 237-1667
Listed By:
Cynthia L Wadsworth · License #RS179964L
(215) 237-1667
Source:
Lizclarkrealestate
Added: Aug 18
Changed: Aug 31
Last Checked: Aug 31 at 1:37AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
This two-bedroom condominium offers an open main living area with room for distinct living and dining arrangements. Sliding glass doors connect the interior to a private balcony overlooking landscaped community grounds. The kitchen includes wood cabinetry, generous counter space, a gas range, refrigerator, dishwasher, and range hood, with an adjacent breakfast area. Multiple closets provide storage, and the full bathroom includes a tub, tiled shower surround, vanity, and window.
Built in 1963, the residence is part of a community with mature trees, maintained green space, walkways, and a large parking lot for residents and guests. The property is in Wyncote near Arcadia University, shopping, restaurants, and major roadways. Its two-bedroom layout and condominium setting support both owner occupancy and an investor-oriented residential income strategy.
Built in 1963, the residence is part of a community with mature trees, maintained green space, walkways, and a large parking lot for residents and guests. The property is in Wyncote near Arcadia University, shopping, restaurants, and major roadways. Its two-bedroom layout and condominium setting support both owner occupancy and an investor-oriented residential income strategy.
Key Highlights
- Two‑bedroom condominium with an open living and dining arrangement
- Private balcony with views toward landscaped community grounds
- Kitchen includes gas range, refrigerator, dishwasher, range hood, and wood cabinetry
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
$12,065
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
8.05%
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%
$241,300
$241.3K
Cap Rate 7%
$172,357
$172.4K
Cap Rate 9%
$134,056
$134.1K
Market Conditions
NOI Build-Up for 893 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
$23.4K $26.16/SF
− Vacancy
−$1.4K −$1.60/SF
EGI
$21.9K $24.56/SF
− OpEx
−$9.9K −$11.05/SF
NOI
$12.1K $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 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%
$241,300
Cap Rate 7%
$172,357
Cap Rate 9%
$134,056
Alternative Uses
Best Use
Apartment 5plus
$172.4K
$150.8K – $201.1K
NOI $12,065 @ 7.0% cap · market cap 8.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$513.7K
$449.5K – $599.3K
NOI $35,956 @ 7.0% cap · market cap 23.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Bright condominium residence with a private balcony, flexible living areas, and on-site parking within a landscaped community.
Where is this residential income property located?
The property is located at 1600 CHURCH ROAD Unit C-212 Wyncote, PA.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Two‑bedroom condominium with an open living and dining arrangement; Private balcony with views toward landscaped community grounds; Kitchen includes gas range, refrigerator, dishwasher, range hood, and wood cabinetry
