Side-by-Side Duplex with Wooded
New
For Sale
$564,900
2073-2061 SCHOOL Road, Hatfield, PA 19440
Multi-Family, HATFIELD, PA
Property Size2,430 SF
Lot Size1.29 Acres
Price / SF$232.47
Days on Market5
Property Features for 2073-2061 SCHOOL Road
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room, Basement
Parking
6
Parking features
Garage - Attached, Driveway
Interior features
Bathroom - Tub Shower, Breakfast Area, Carpet, Combination Kitchen/Dining, Dining Area, Kitchen - Galley, Stain/Lead Glass
Fireplace
1
Appliances
Built-In Microwave, Built-In Range, Compactor, Disposal, Dryer, Microwave, Oven/Range - Electric, Range Hood, Refrigerator, Washer
Elementary school district
NORTH PENN
Middle school district
NORTH PENN
High school district
NORTH PENN
Standard status
Active
Size
2,430 SF
Lot size
1.29 Acres
Taxes and HOA fees
Tax Annual Amount
10012
Utilities
Heating system
Hot Water(Heating), Baseboard
Amenities
laundry room
wood deck
fireplace
Building Details
Year built
1978
Number of units
3
Building materials
Vinyl Siding
Architectural style
Other
Listing Agency:
Homestarr Realty
(215) 355-5565
Listed By:
Gerald P Hill · License #RM421402
(267) 242-9172
Added: Aug 21
Last Checked: Aug 25 at 12:06AM
MLS# PAMC2190784
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 side-by-side duplex contains 2,430 square feet across two three-bedroom units, each with 1.5 baths, a living room, kitchen, separate eating area, and basement space. Both residences include a wood-burning fireplace with stone facade and hearth, a dedicated laundry room with tenant-use washer and dryer, and additional room for office, recreation, hobbies, or storage. Attached one-car garages, driveways, and rear decks serve each unit. Separate utilities support independent operation of the residences.
The property occupies a 1.29-acre flag lot at 2073-2061 School Road in Hatfield, Pennsylvania. Each deck faces a wooded backdrop, while vinyl siding, hot-water baseboard heating, and 1978 construction define the building's basic physical profile. The property is located in the North Penn School District and includes galley kitchens with electric ranges, refrigerators, microwaves, range hoods, disposals, and compactors.
The property occupies a 1.29-acre flag lot at 2073-2061 School Road in Hatfield, Pennsylvania. Each deck faces a wooded backdrop, while vinyl siding, hot-water baseboard heating, and 1978 construction define the building's basic physical profile. The property is located in the North Penn School District and includes galley kitchens with electric ranges, refrigerators, microwaves, range hoods, disposals, and compactors.
Key Highlights
- Side‑by‑side duplex with 2,430 square feet and two 3‑bedroom units
- 1.29‑acre flag lot with wooded backdrop and rear decks
- Each unit includes 1.5 baths, a 1‑car attached garage, and a dedicated laundry room
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
$35,308
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
6.25%
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%
$706,160
$706.2K
Cap Rate 7%
$504,400
$504.4K
Cap Rate 9%
$392,311
$392.3K
Market Conditions
NOI Build-Up for 2,430 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
$53.9K $22.20/SF
− Vacancy
−$3.5K −$1.44/SF
EGI
$50.4K $20.76/SF
− OpEx
−$15.1K −$6.23/SF
NOI
$35.3K $14.53/SF
Area
Montgomery County, PA
Vacancy
6.50%
Lease Rate
$22.20 /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%
$706,160
Cap Rate 7%
$504,400
Cap Rate 9%
$392,311
Alternative Uses
Best Use
Multifamily LT 5
$504.4K
$441.4K – $588.5K
NOI $35,308 @ 7.0% cap · market cap 6.25%
Second Best
Apartment 5plus
$469.0K
$410.4K – $547.2K
NOI $32,830 @ 7.0% cap · market cap 5.81%
Theoretical Best
Specialty Retail
$1.40M
$1.22M – $1.63M
NOI $97,843 @ 7.0% cap · market cap 17.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
281
Businesses Nearby
Explore this area
Business Placement
Demographics for 19440, PA
19,683
Population
7,635
Households
2.6
Avg Household Size
43
Median Age
47%
College-Educated
95%
High-School Grad
11.3 sq mi
ZIP Area
1,742
Density / Sq Mi
$101,654
Median Household Income
$53,118
Median Earnings
$1,391
Median Rent
$413,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two three-bedroom residences offer separate utilities, attached garages, decks, and flexible lower-level living areas.
Where is this duplex located?
The property is located at 2073-2061 SCHOOL Road Hatfield, PA.
What is the asking price?
The asking price for this property is $564,900.
What are key features of this property?
This property features: Side‑by‑side duplex with 2,430 square feet and two 3‑bedroom units; 1.29‑acre flag lot with wooded backdrop and rear decks; Each unit includes 1.5 baths, a 1‑car attached garage, and a dedicated laundry room
