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Single-Level Residential Income Property
New
For Sale
$136,500

2109 CEDAR RUN DRIVE #203, Camp Hill, PA 17011

The condominium offers two bedrooms and one-and-a-half bathrooms on a single floor.

Property Size945 SF
Price / SF$144.44
Days on Market4

Property Features for 2109 CEDAR RUN DRIVE #203

General Information

Standard status Active
Size 945 SF
Property subtype Apartment

Additional Details

Multifamily Units 1

Amenities

private patio/balcony

Building Details

Year Built 1976
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty
Listed By: Charles A Heck · License #RS359511
Source: Cummingsrealtors
Added: Oct 26 Changed: Oct 29 Last Checked: Oct 28 at 2:38PM

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 Berkshire Hathaway HomeServices Homesale Realty

Rey
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Investment Insights

Based on property information with market context.

This 945-square-foot condominium in Camp Hill has a single-level layout with two bedrooms, one full bathroom, and one half bathroom. The residence was built in 1976.

Key Highlights

  • 945‑square‑foot condominium
  • Two bedrooms and one full bathroom plus a half bathroom
  • Single‑level layout

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$7,982
Cap Rate
5.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,640 $159.6K
Cap Rate 7%
$114,029 $114.0K
Cap Rate 9%
$88,689 $88.7K
Market Conditions
NOI Build-Up for 945 SF
Gross rent
$15.4K $16.32/SF
− Vacancy
−$910 −$0.96/SF
EGI
$14.5K $15.36/SF
− OpEx
−$6.5K −$6.91/SF
NOI
$8.0K $8.45/SF
Area
Cumberland County, PA
Vacancy
5.90%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$159,640
Cap Rate 7%
$114,029
Cap Rate 9%
$88,689

Alternative Uses

Best Use
Apartment 5plus
$114.0K
$99.8K – $133.0K (±1% cap)
NOI $7,982 @ 7.0% cap · market cap 5.85%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$219.5K
$192.1K – $256.1K (±1% cap)
NOI $15,366 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby

Demographics for 17011, PA

36,184
Population
14,999
Households
2.4
Avg Household Size
41
Median Age
44%
College-Educated
92%
High-School Grad
13.1 sq mi
ZIP Area
2,762
Density / Sq Mi
$88,889
Median Household Income
$52,518
Median Earnings
$1,270
Median Rent
$261,900
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - The condominium offers two bedrooms and one-and-a-half bathrooms on a single floor.
Where is this residential income property located?
The property is located at 2109 CEDAR RUN DRIVE #203 Camp Hill, PA.
What is the asking price?
The asking price for this property is $136,500.
What are key features of this property?
This property features: 945‑square‑foot condominium; Two bedrooms and one full bathroom plus a half bathroom; Single‑level layout
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Includes: Price & PSF · Cap rate · Location · Zoning

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