End-Unit Residential Income
New
For Sale
$315,000
258 W CHELSEA CIRCLE, Newtown Square, PA 19073
Two bedrooms, two full bathrooms, and private outdoor areas complement this condominium’s open living space.
Property Size1,680 SF
Days on Market7
Property Features for 258 W CHELSEA CIRCLE
General Information
Standard status
Active
Size
1,680 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,412
Amenities
vaulted ceilings
stone fireplace
wet bar
in-unit laundry
private balcony
deck
outdoor lighting
community pool
Building Details
Building Size
1,680 SF
Year Built
1972
Listing Agency:
CG Realty, LLC
Listed By:
Alissa Cosden · License #RS358031
(610) 457-5628
Source:
Mainlinekw
Added: Oct 20
Changed: Oct 25
Last Checked: Oct 25 at 1:53AM
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 CG Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 1972, this end-unit condominium has an open living and dining area beneath vaulted ceilings. The interior includes a stone fireplace, wet bar, two bedrooms, two full bathrooms, and in-unit laundry. A private balcony and deck provide outdoor space, with lighting on the deck.
Residents also have access to a community pool. The property is in Newtown Square, Pennsylvania.
Residents also have access to a community pool. The property is in Newtown Square, Pennsylvania.
Key Highlights
- End‑unit condominium built in 1972
- Two bedrooms and two full bathrooms
- Open living and dining area with vaulted ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,841
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,820
$336.8K
Cap Rate 7%
$240,586
$240.6K
Cap Rate 9%
$187,122
$187.1K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$35.5K $21.12/SF
− Vacancy
−$4.9K −$2.89/SF
EGI
$30.6K $18.23/SF
− OpEx
−$13.8K −$8.20/SF
NOI
$16.8K $10.02/SF
Area
Delaware County, PA
Vacancy
13.70%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$336,820
Cap Rate 7%
$240,586
Cap Rate 9%
$187,122
Alternative Uses
Best Use
Apartment 5plus
$240.6K
$210.5K – $280.7K
NOI $16,841 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$509.4K
$445.7K – $594.3K
NOI $35,655 @ 7.0% cap · market cap 11.32%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
50
Businesses Nearby
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Business Placement
Demographics for 19073, PA
20,853
Population
8,645
Households
2.4
Avg Household Size
50
Median Age
65%
College-Educated
98%
High-School Grad
20.5 sq mi
ZIP Area
1,017
Density / Sq Mi
$131,061
Median Household Income
$82,880
Median Earnings
$1,987
Median Rent
$581,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two bedrooms, two full bathrooms, and private outdoor areas complement this condominium’s open living space.
Where is this residential income property located?
The property is located at 258 W CHELSEA CIRCLE Newtown Square, PA.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: End‑unit condominium built in 1972; Two bedrooms and two full bathrooms; Open living and dining area with vaulted ceilings
