One-Bedroom Residential Income
For Sale
$120,000
1600 CHURCH ROAD Unit D-206, Wyncote, PA 19095
Elevator-building unit with private parking, laundry access, and dedicated basement storage.
Property Size725 SF
Days on Market135
Property Features for 1600 CHURCH ROAD Unit D-206
General Information
Standard status
Active
Size
725 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,199
Amenities
on-site laundry
off-street parking
storage locker
Building Details
Building Size
725 SF
Year Built
1963
Listing Agency:
Realty Mark Associates - KOP
(267) 626-8040
Listed By:
Jason Salus · License #RS371676
(267) 626-8040
Source:
Lizclarkrealestate
Added: Apr 19
Changed: Aug 29
Last Checked: Aug 30 at 9:30PM
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 Realty Mark Associates - KOP
Investment Insights
Based on property information with market context.
This condominium unit at 1600 Church Road includes one bedroom, one bathroom, a kitchen with a large pantry, and multiple closets for everyday storage. The residence is located in an elevator-served building constructed in 1963 and includes a dedicated basement storage locker.
Building amenities include a private off-street parking lot and on-site laundry facilities. The property is situated two blocks from Arcadia University in Wyncote, with access to Route 309, SEPTA bus service, and regional rail transportation. The combination of residential functionality, building conveniences, and nearby transit supports practical owner-occupant or residential income use.
Building amenities include a private off-street parking lot and on-site laundry facilities. The property is situated two blocks from Arcadia University in Wyncote, with access to Route 309, SEPTA bus service, and regional rail transportation. The combination of residential functionality, building conveniences, and nearby transit supports practical owner-occupant or residential income use.
Key Highlights
- 1‑bedroom, 1‑bathroom condominium unit
- Elevator building constructed in 1963
- Private off‑street parking lot
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
$9,795
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
8.16%
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%
$195,900
$195.9K
Cap Rate 7%
$139,929
$139.9K
Cap Rate 9%
$108,833
$108.8K
Market Conditions
NOI Build-Up for 725 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
$19.0K $26.16/SF
− Vacancy
−$1.2K −$1.60/SF
EGI
$17.8K $24.56/SF
− OpEx
−$8.0K −$11.05/SF
NOI
$9.8K $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%
$195,900
Cap Rate 7%
$139,929
Cap Rate 9%
$108,833
Alternative Uses
Best Use
Apartment 5plus
$139.9K
$122.4K – $163.3K
NOI $9,795 @ 7.0% cap · market cap 8.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$417.0K
$364.9K – $486.5K
NOI $29,192 @ 7.0% cap · market cap 24.33%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Yes
Highway access
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 - Elevator-building unit with private parking, laundry access, and dedicated basement storage.
Where is this residential income property located?
The property is located at 1600 CHURCH ROAD Unit D-206 Wyncote, PA.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bathroom condominium unit; Elevator building constructed in 1963; Private off‑street parking lot
