Building Details

Year built 1930

Number of units 1

Building materials Stucco

Architectural style Colonial

Listing Agency: Keller Williams Real Estate - Media · Keller Williams Realty k***@kw.com Show Phone

Listed By: Laurence J McQuaid · License #RS187114L Show Phone

Added: Aug 11 Last Checked: Aug 11 at 5:06PM

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MLS# PADE2120122

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This Colonial duplex, built in 1930, contains 2,786 square feet across two private-entry units. The first-floor residence includes a living room with high ceilings and a fireplace, three bedrooms, three bathrooms, a kitchen, balcony, substantial closet storage, and a finished basement with an additional bathroom, laundry area, and exterior access. The second-floor unit offers a living room, dining area, kitchen, three bedrooms, two bathrooms, private laundry, and generous storage. Brand-new carpeting has been installed throughout the duplex.

The property occupies 0.43 acres with a shared lot, an attached two-car garage, driveway parking, and on-street parking. A shed is available for the second-floor unit. Construction is stucco, with hot-water heating and window-unit cooling.

Key Highlights

• 2,786‑square‑foot duplex with two private‑entry units
• 0.43‑acre shared lot in Springfield, PA 19064
• First‑floor unit includes 3 bedrooms, 3 bathrooms, balcony, and finished basement

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

$20,861

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

3.34%

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%

$417,220 $417.2K

Cap Rate 7%

$298,014 $298.0K

Cap Rate 9%

$231,789 $231.8K

Market Conditions

NOI Build-Up for 2,786 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

$31.8K $11.40/SF

− Vacancy

−$2.0K −$0.70/SF

EGI

$29.8K $10.70/SF

− OpEx

−$8.9K −$3.21/SF

NOI

$20.9K $7.49/SF

Area

Northumberland County, PA

Vacancy

6.17%

Lease Rate

$11.40 /SF/Yr

Expense Ratio

30.00%

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%

$417,220

Cap Rate 7%

$298,014

Cap Rate 9%

$231,789

Alternative Uses

Best Use

Multifamily LT 5

$298.0K

$260.8K – $347.7K (±1% cap)

NOI $20,861 @ 7.0% cap · market cap 3.34%

Second Best

Apartment 5plus

$275.1K

$240.7K – $320.9K (±1% cap)

NOI $19,255 @ 7.0% cap · market cap 3.08%

Theoretical Best

Warehouse

$3.39M

$2.97M – $3.95M (±1% cap)

NOI $237,299 @ 7.0% cap · market cap 37.97%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Property Profile

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Parking Lot & Garage Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

448

Businesses Nearby

Explore this area Business Placement

Demographics for 19064, PA

25,045

Population

8,839

Households

2.8

Avg Household Size

42

Median Age

48%

College-Educated

96%

High-School Grad

7.1 sq mi

ZIP Area

3,527

Density / Sq Mi

$132,230

Median Household Income

$71,515

Median Earnings

$1,511

Median Rent

$389,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this duplexes located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Duplex - Two private-entry units provide spacious living areas, separate laundry, and flexible basement space.

Where is this duplex located?

The property is located at 200 W SPRINGFIELD Road Springfield, PA.

What is the asking price?

The asking price for this property is $624,999.

What are key features of this property?

This property features: 2,786‑square‑foot duplex with two private‑entry units; 0.43‑acre shared lot in Springfield, PA 19064; First‑floor unit includes 3 bedrooms, 3 bathrooms, balcony, and finished basement