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 Changed: Sep 21 Last Checked: Sep 26 at 9:06PM

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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 on a 0.43-acre shared lot. Each residence has a private entrance and a spacious floor plan with three bedrooms, a kitchen, living areas, and multiple bathrooms. The first-floor unit includes high ceilings, a fireplace, a balcony, three bathrooms, and a finished basement with an additional bathroom, laundry area, and exterior access. The second-floor unit offers high ceilings, a dining area, two bathrooms, generous closet storage, and a private laundry area.

The property includes an attached 2-car garage, driveway parking, on-street parking, and a shed assigned to the second-floor unit. New carpets have been installed throughout the duplex. Stucco construction, hot-water heating, window-unit cooling, and a Colonial architectural style complete the property profile. The property is located at 200 W Springfield Road in Springfield, Pennsylvania.

Key Highlights

• 2,786‑square‑foot duplex on a 0.43‑acre shared lot
• Two 3‑bedroom units with private entrances
• First‑floor unit includes a finished basement, bathroom, laundry area, and exterior exit

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

$30,537

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

5.09%

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%

$610,740 $610.7K

Cap Rate 7%

$436,243 $436.2K

Cap Rate 9%

$339,300 $339.3K

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

$50.1K $18.00/SF

− Vacancy

−$6.5K −$2.34/SF

EGI

$43.6K $15.66/SF

− OpEx

−$13.1K −$4.70/SF

NOI

$30.5K $10.96/SF

Area

Delaware County, PA

Vacancy

13.01%

Lease Rate

$18.00 /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%

$610,740

Cap Rate 7%

$436,243

Cap Rate 9%

$339,300

Alternative Uses

Best Use

Multifamily LT 5

$436.2K

$381.7K – $509.0K (±1% cap)

NOI $30,537 @ 7.0% cap · market cap 5.09%

Second Best

Apartment 5plus

$399.0K

$349.1K – $465.5K (±1% cap)

NOI $27,929 @ 7.0% cap · market cap 4.65%

Theoretical Best

Office A

$844.7K

$739.1K – $985.5K (±1% cap)

NOI $59,128 @ 7.0% cap · market cap 9.85%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Law Firm Auto Repair Shop Big Box & Wholesale Store

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

304

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 spacious residences feature private entrances, separate laundry areas, 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 $599,999.

What are key features of this property?

This property features: 2,786‑square‑foot duplex on a 0.43‑acre shared lot; Two 3‑bedroom units with private entrances; First‑floor unit includes a finished basement, bathroom, laundry area, and exterior exit