Duplex With Detached
For Sale
$545,000
3 TRENTON ROAD, Langhorne, PA 19047
Separate residences feature private access, off-street parking, laundry areas, and dedicated storage.
Property Size2,718 SF
Price / SF$200.52
Days on Market8
Property Features for 3 TRENTON ROAD
General Information
Standard status
Active
Size
2,718 SF
Property subtype
Duplex
Building Details
Year Built
1858
Listing Agency:
EXP Realty, LLC
(215) 595-7756
Listed By:
Kelsey Mondelli · License #RS331474
(215) 595-7756
Source:
Cummingsrealtors
Added: Aug 2
Changed: Aug 9
Last Checked: Aug 9 at 8:44AM
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 EXP Realty, LLC
Investment Insights
Based on property information with market context.
Built in 1858, this duplex contains two separate residences with distinct layouts and storage areas. The first-floor home includes approximately 2 bedrooms, 1 full bathroom, an eat-in kitchen, living room, forced hot air heat, and laundry. A stone accent wall and wood beams add character to the main living area. The second-floor residence offers 3 bedrooms, 1 full bathroom, a functional kitchen, stackable laundry, and attic storage, with private entry from the rear.
A basement provides additional storage and houses two newer water heaters, one serving each unit. The property also includes a detached garage and an oversized driveway with off-street parking for both residences and guests. The property is located near shopping, dining, major commuter routes, and Hulmeville Borough amenities.
A basement provides additional storage and houses two newer water heaters, one serving each unit. The property also includes a detached garage and an oversized driveway with off-street parking for both residences and guests. The property is located near shopping, dining, major commuter routes, and Hulmeville Borough amenities.
Key Highlights
- Two residences: first floor with approximately 2 bedrooms; second floor with 3 bedrooms
- First‑floor unit includes 1 full bathroom, eat‑in kitchen, laundry, and forced hot air heat
- Second‑floor unit has 1 full bathroom, stackable laundry, rear private access, and attic storage
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
$33,653
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
6.17%
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%
$673,060
$673.1K
Cap Rate 7%
$480,757
$480.8K
Cap Rate 9%
$373,922
$373.9K
Market Conditions
NOI Build-Up for 2,718 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
$63.3K $23.28/SF
− Vacancy
−$2.1K −$0.77/SF
EGI
$61.2K $22.51/SF
− OpEx
−$27.5K −$10.13/SF
NOI
$33.7K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
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%
$673,060
Cap Rate 7%
$480,757
Cap Rate 9%
$373,922
Alternative Uses
Best Use
Apartment 5plus
$480.8K
$420.7K – $560.9K
NOI $33,653 @ 7.0% cap · market cap 6.17%
Second Best
Multifamily LT 5
$460.7K
$403.1K – $537.5K
NOI $32,249 @ 7.0% cap · market cap 5.92%
Theoretical Best
Office A
$824.1K
$721.1K – $961.4K
NOI $57,685 @ 7.0% cap · market cap 10.58%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
199
Businesses Nearby
Explore this area
Business Placement
Demographics for 19047, PA
35,452
Population
13,150
Households
2.7
Avg Household Size
45
Median Age
45%
College-Educated
97%
High-School Grad
17.2 sq mi
ZIP Area
2,061
Density / Sq Mi
$110,395
Median Household Income
$55,992
Median Earnings
$1,770
Median Rent
$441,200
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 - Separate residences feature private access, off-street parking, laundry areas, and dedicated storage.
Where is this duplex located?
The property is located at 3 TRENTON ROAD Langhorne, PA.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Two residences: first floor with approximately 2 bedrooms; second floor with 3 bedrooms; First‑floor unit includes 1 full bathroom, eat‑in kitchen, laundry, and forced hot air heat; Second‑floor unit has 1 full bathroom, stackable laundry, rear private access, and attic storage
