Wynnefield Heights Residence with
For Sale
$339,999
2711 MAYA LN LANE #A62, Philadelphia, PA 19131
Chic 3 bed, 2 bath residence with private roofdeck.
Property Size1,300 SF
Days on Market445
Property Features for 2711 MAYA LN LANE #A62
General Information
Standard status
Active
Size
1,300 SF
Property subtype
Apartment
Site & Location
Neighborhood
West Philadelphia
Building Details
Building Size
1,300 SF
Year Built
2025
Listing Agency:
KW Empower
Listed By:
Noah Ostroff · License #RS308424
(215) 392-0230
Source:
Kw
Added: Aug 6, 2025
Changed: Oct 18
Last Checked: Oct 23 at 3:34PM
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 KW Empower
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Located in the private community of Wynnefield Heights Square, this residence features 3 bedrooms and 2 bathrooms. The property includes an energy-efficient HVAC system. The kitchen is equipped with Quartz countertops featuring a waterfall edge, stainless steel appliances, and under-cabinet lighting. Interior details include wood baseboard molding, glass railing, and high-end vinyl flooring. The exterior combines brick and standing seam metal on the mansard roof. A fully approved 10-year tax abatement is in place. A private roof deck provides a space for relaxation. Assigned outdoor parking is available for an additional fee. The property is estimated to be available in January 2026.
Key Highlights
- 10‑year tax abatement for affordability.
- Homebuyer loan program offering 100% financing, $5,000 lender credit and no PMI.
- Enjoy outdoor living on your private roof deck.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,448
Cap Rate
6.01%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,960
$409.0K
Cap Rate 7%
$292,114
$292.1K
Cap Rate 9%
$227,200
$227.2K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$39.5K $30.36/SF
− Vacancy
−$2.3K −$1.76/SF
EGI
$37.2K $28.60/SF
− OpEx
−$16.7K −$12.87/SF
NOI
$20.4K $15.73/SF
Area
Philadelphia, PA
Vacancy
5.80%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,960
Cap Rate 7%
$292,114
Cap Rate 9%
$227,200
Alternative Uses
Best Use
Apartment 5plus
$292.1K
$255.6K – $340.8K
NOI $20,448 @ 7.0% cap · market cap 6.01%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$316.9K
$277.3K – $369.7K
NOI $22,184 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
288
Businesses Nearby
Explore this area
Business Placement
Demographics for 19131, PA
42,705
Population
22,826
Households
1.9
Avg Household Size
38
Median Age
30%
College-Educated
92%
High-School Grad
5.3 sq mi
ZIP Area
8,058
Density / Sq Mi
$46,057
Median Household Income
$40,052
Median Earnings
$1,312
Median Rent
$163,900
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Chic 3 bed, 2 bath residence with private roofdeck.
Where is this apartment building located?
The property is located at 2711 MAYA LN LANE #A62 Philadelphia, PA.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: 10‑year tax abatement for affordability.; Homebuyer loan program offering 100% financing, $5,000 lender credit and no PMI.; Enjoy outdoor living on your private roof deck.
