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Top-Floor Residential Condominium

2419 POND VIEW DRIVE, West Chester, PA 19382

For Sale
$219,900

The association covers water, trash, lawn care, snow removal, and exterior maintenance.

Property Size945 SF
Price / SF$232.70
Days on Market95

Property Features for 2419 POND VIEW DRIVE

General Information

Standard status Active
Size 945 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,502

Amenities

swimming pool
tennis courts
playground

Building Details

Building Size 945 SF
Year Built 1984
Listing Agency: RE/MAX Access
Listed By: Christopher Thude · License #RS289256
Source: Desantis-realestate
Added: Aug 7 Changed: Nov 7 Last Checked: Nov 8 at 3:57PM

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 RE/MAX Access

Rey
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Investment Insights

Based on property information with market context.

This 945-square-foot, top-floor condominium in Goshen Valley has two bedrooms, one full bathroom, and an open living and dining area. Sliding glass doors connect the interior to a private balcony. The kitchen provides cabinet and counter space, and both bedrooms have closet storage; the primary bedroom has two closets. Built in 1984, the home is located in West Chester, Pennsylvania.

Community amenities include a swimming pool, tennis courts, and a playground. Association services include lawn care, snow removal, exterior maintenance, water, and trash. The property is within the West Chester Area School District and minutes from downtown West Chester, restaurants, shops, parks, and major commuter routes.

Key Highlights

  • 945‑square‑foot, top‑floor condominium with two bedrooms and one full bathroom
  • Private balcony accessed through sliding glass doors
  • Community swimming pool, tennis courts, and playground

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,247
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,940 $204.9K
Cap Rate 7%
$146,386 $146.4K
Cap Rate 9%
$113,856 $113.9K
Market Conditions
NOI Build-Up for 945 SF
Gross rent
$20.2K $21.36/SF
− Vacancy
−$1.6K −$1.64/SF
EGI
$18.6K $19.72/SF
− OpEx
−$8.4K −$8.87/SF
NOI
$10.2K $10.84/SF
Area
Chester County, PA
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,940
Cap Rate 7%
$146,386
Cap Rate 9%
$113,856

Alternative Uses

Best Use
Apartment 5plus
$146.4K
$128.1K – $170.8K (±1% cap)
NOI $10,247 @ 7.0% cap · market cap 4.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$323.9K
$283.4K – $377.9K (±1% cap)
NOI $22,673 @ 7.0% cap · market cap 10.31%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

377
Businesses Nearby

Demographics for 19382, PA

52,498
Population
21,798
Households
2.4
Avg Household Size
40
Median Age
64%
College-Educated
98%
High-School Grad
46.1 sq mi
ZIP Area
1,139
Density / Sq Mi
$126,159
Median Household Income
$58,596
Median Earnings
$1,788
Median Rent
$542,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Chester County, PA

$232 Jul
$253 Aug
$211 Sep
$238 Oct

Properties on Market for Residential income properties in Chester County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The association covers water, trash, lawn care, snow removal, and exterior maintenance.
Where is this residential income property located?
The property is located at 2419 POND VIEW DRIVE West Chester, PA.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: 945‑square‑foot, top‑floor condominium with two bedrooms and one full bathroom; Private balcony accessed through sliding glass doors; Community swimming pool, tennis courts, and playground
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