Duplex with Ranch and Bungalow
For Sale
$699,000
31 BRIDGETOWN Pike, Feasterville Trevose, PA 19053
Multi-Family, FEASTERVILLE TREVOSE, PA
Property Size2,754 SF
Lot Size1.07 Acres
Price / SF$253.81
Days on Market46
Property Features for 31 BRIDGETOWN Pike
General Information
Property type
Residential Multi Family
Property subtype
Single Family Residence
Rooms
Basement
Parking
10
Parking features
Off Street, Driveway, Garage - Attached, Garage - Detached
Interior features
Ceiling Fan(s), Kitchen - Eat-In
Appliances
Dishwasher
Subdivision
BELLWOOD
Middle school
CR JUNIOR
High school
COUNCIL ROCK HIGH SCHOOL SOUTH
Elementary school district
COUNCIL ROCK
Middle school district
COUNCIL ROCK
High school district
COUNCIL ROCK
Standard status
Active
Size
2,754 SF
Lot size
1.07 Acres
Taxes and HOA fees
Tax Annual Amount
6077
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1918
Number of units
3
Building materials
Block, Concrete, Masonry, Stone, Vinyl Siding
Architectural style
Ranch, Bungalow
Listing Agency:
RE/MAX Properties · RE/MAX International
(215) 968-7400
Listed By:
Angela C Marchese · License #RS222640L
(267) 253-9964
Added: Jul 30
Changed: Sep 13
Last Checked: Sep 13 at 5:06PM
MLS# PABU2127348
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This duplex offers two separate homes on one parcel, supporting multi-generational living and also a rental setup. The Ranch home features 2 bedrooms and 2 full baths, with a living room, dining room, full kitchen, family room, and a laundry/utility room. Interior details include hardwood floors, plus storage, a rear patio, and an oversized garage. The Ranch has central A/C and propane forced air heat, and it is served by public sewer (Lower Southampton Township) and well water.
The Bungalow home features 4 bedrooms (1 on the main floor), a living room, dining room, eat-in kitchen, and 2 full baths. It includes hardwood floors and carpeting, a partial basement, and a detached storage area and garage. Both homes are supported by central A/C and propane forced air heat, with forced air heating.
The property sits on 1.07 acres and totals 2,754 square feet, with a year built of 1918. Large portions of two sheds are not rented and are noted as owner storage, with the option to rent that space. Convenient access is available to Rt 1 and the I-295 Philly corridor, with shopping, restaurants, and Playwicki Park nearby.
The Bungalow home features 4 bedrooms (1 on the main floor), a living room, dining room, eat-in kitchen, and 2 full baths. It includes hardwood floors and carpeting, a partial basement, and a detached storage area and garage. Both homes are supported by central A/C and propane forced air heat, with forced air heating.
The property sits on 1.07 acres and totals 2,754 square feet, with a year built of 1918. Large portions of two sheds are not rented and are noted as owner storage, with the option to rent that space. Convenient access is available to Rt 1 and the I-295 Philly corridor, with shopping, restaurants, and Playwicki Park nearby.
Key Highlights
- 1.07‑acre parcel with two separate homes on one lot (#31‑026‑051)
- Ranch home: 2 bedrooms, 2 full baths, rear patio, oversized garage
- Bungalow home: 4 bedrooms (1 on main floor), 2 full baths, partial basement
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
$34,099
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
4.88%
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%
$681,980
$682.0K
Cap Rate 7%
$487,129
$487.1K
Cap Rate 9%
$378,878
$378.9K
Market Conditions
NOI Build-Up for 2,754 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
$64.1K $23.28/SF
− Vacancy
−$2.1K −$0.77/SF
EGI
$62.0K $22.51/SF
− OpEx
−$27.9K −$10.13/SF
NOI
$34.1K $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%
$681,980
Cap Rate 7%
$487,129
Cap Rate 9%
$378,878
Alternative Uses
Best Use
Apartment 5plus
$487.1K
$426.2K – $568.3K
NOI $34,099 @ 7.0% cap · market cap 4.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$835.0K
$730.6K – $974.2K
NOI $58,449 @ 7.0% cap · market cap 8.36%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
301
Businesses Nearby
Explore this area
Business Placement
Demographics for 19053, PA
28,179
Population
11,161
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
2,684
Density / Sq Mi
$102,241
Median Household Income
$59,606
Median Earnings
$1,401
Median Rent
$382,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Duplex parcel in Council Rock school district with separate Ranch and Bungalow homes, central A/C, and public sewer with well water.
Where is this multifamily property located?
The property is located at 31 BRIDGETOWN Pike Feasterville Trevose, PA.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1.07‑acre parcel with two separate homes on one lot (#31‑026‑051); Ranch home: 2 bedrooms, 2 full baths, rear patio, oversized garage; Bungalow home: 4 bedrooms (1 on main floor), 2 full baths, partial basement
