Residential Income Property with Detached
For Sale
$410,000
Pending
30 WELLINGTON ROAD, Upper Darby, PA 19082
Traditional residential income property with forced-air heating, gas water heating, and detached garage access.
Property Size2,832 SF
Days on Market12
Property Features for 30 WELLINGTON ROAD
General Information
Standard status
Pending
Size
2,832 SF
Total Parking Spaces
1
Property subtype
Residential Income
Zoning
R-20
Taxes and HOA fees
Annual Taxes
$7,543
Amenities
Sidewalks, Street Lights
Window Unit(s), Electric
Natural Gas, Forced Air
Gas Water Heater
Garage, Driveway, Detached
Traditional
Building Details
Building Size
2,832 SF
Year Built
1920
Listing Agency:
KW Main Line - Narberth
(610) 731-9300
Listed By:
Damon C Michels · License #AB067731
(610) 731-9300
Source:
Evrealestate
Added: Jul 30
Changed: Aug 2
Last Checked: Aug 2 at 4:43AM
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 Main Line - Narberth
Investment Insights
Based on property information with market context.
This traditional residential income property at 30 Wellington Road in Upper Darby, Pennsylvania, was built in 1920 and measures 2,832 square feet. The property includes a detached garage and driveway, along with window-unit cooling, electric service, natural-gas forced-air heat, and a gas water heater.
The property is located in Delaware County and carries R-20 zoning. Its established construction, garage access, and core mechanical systems provide a straightforward physical profile for evaluating the asset within the residential income property category.
The property is located in Delaware County and carries R-20 zoning. Its established construction, garage access, and core mechanical systems provide a straightforward physical profile for evaluating the asset within the residential income property category.
Key Highlights
- 2,832‑square‑foot residential income property
- Built in 1920
- R‑20 zoning
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
$28,390
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
6.92%
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%
$567,800
$567.8K
Cap Rate 7%
$405,571
$405.6K
Cap Rate 9%
$315,444
$315.4K
Market Conditions
NOI Build-Up for 2,832 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
$59.8K $21.12/SF
− Vacancy
−$8.2K −$2.89/SF
EGI
$51.6K $18.23/SF
− OpEx
−$23.2K −$8.20/SF
NOI
$28.4K $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 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%
$567,800
Cap Rate 7%
$405,571
Cap Rate 9%
$315,444
Alternative Uses
Best Use
Apartment 5plus
$405.6K
$354.9K – $473.2K
NOI $28,390 @ 7.0% cap · market cap 6.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$858.6K
$751.3K – $1.00M
NOI $60,104 @ 7.0% cap · market cap 14.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,836
Businesses Nearby
Explore this area
Business Placement
Demographics for 19082, PA
42,761
Population
16,775
Households
2.5
Avg Household Size
35
Median Age
23%
College-Educated
84%
High-School Grad
2.6 sq mi
ZIP Area
16,447
Density / Sq Mi
$55,551
Median Household Income
$36,139
Median Earnings
$1,178
Median Rent
$155,400
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Traditional residential income property with forced-air heating, gas water heating, and detached garage access.
Where is this residential income property located?
The property is located at 30 WELLINGTON ROAD Upper Darby, PA.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 2,832‑square‑foot residential income property; Built in 1920; R‑20 zoning
