31 HEWETT ROAD, Wyncote, PA 19095

Building Details

Year Built 1900 More

Buildings 1 More

Construction stone More

Listing Agency: RE/MAX Central - Blue Bell b***@remax440.com Show Phone

Listed By: Yulin Fang · License PA RS290201 Show Phone

Source: Cummingsrealtors

Added: Sep 19 Changed: Nov 12 Last Checked: Nov 12 at 7:48AM

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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 RE/MAX Central - Blue Bell

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Review the available facts, identify missing information and prepare questions for the agent.

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Investment Insights

Based on property information with market context.

Built in 1900, this 7,281-square-foot stone property in Wyncote contains eight residential units and one office. Interior features include hardwood floors, high ceilings, decorative paneling, original woodwork, grand staircases, and arched and leaded-glass windows. A covered porch and stone-and-brick exterior complete the building’s architectural details.

Recent system work includes a roof replacement in 2025, along with a new water heater and an updated heating system in 2024. The property has established rental income from its residential and office components.

Key Highlights

• Eight residential units plus one office
• 7,281 square feet; built in 1900
• Roof replaced in 2025

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$98,369

Cap Rate

7.60%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,967,380 $2.0M

Cap Rate 7%

$1,405,271 $1.4M

Cap Rate 9%

$1,092,989 $1.1M

Is this asking price fair?

Market Conditions

NOI Build-Up for 7,281 SF

Gross rent

$190.5K $26.16/SF

− Vacancy

−$11.6K −$1.60/SF

EGI

$178.9K $24.56/SF

− OpEx

−$80.5K −$11.05/SF

NOI

$98.4K $13.51/SF

Area

Montgomery County, PA

Vacancy

6.10%

Lease Rate

$26.16 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,967,380

Cap Rate 7%

$1,405,271

Cap Rate 9%

$1,092,989

Alternative Uses

Best Use

Apartment 5plus

$1.41M

$1.23M – $1.64M (±1% cap)

NOI $98,369 @ 7.0% cap · market cap 7.60%

Second Best

Mixed Use

$1.08M

$942.0K – $1.26M (±1% cap)

NOI $75,358 @ 7.0% cap · market cap 5.82%

Theoretical Best

Specialty Retail

$4.19M

$3.66M – $4.89M (±1% cap)

NOI $293,168 @ 7.0% cap · market cap 22.64%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history

Open Analytics

Current Use

Mixed-use properties

Suggested Use

Top Pick Locksmith Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Daycare Center Pet Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1

Office units

8

Residential units

Location Intelligence

Trade Area within ½ mile

800

Businesses Nearby

Explore this area Business Placement

Demographics for 19095, PA

7,880

Population

3,841

Households

2.1

Avg Household Size

44

Median Age

65%

College-Educated

97%

High-School Grad

2.1 sq mi

ZIP Area

3,752

Density / Sq Mi

$108,250

Median Household Income

$66,442

Median Earnings

$1,776

Median Rent

$419,400

Median Home Value

Market

Average Price Trend$/SF for Mixed-use properties in Montgomery County, PA

$185 Jul

$184 Aug

$213 Sep

$240 Oct

Properties on Market for Mixed-use properties in Montgomery County

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

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Frequently Asked Questions

What type of property is this?

Mixed-use property - Stone construction and a covered porch distinguish this building, which combines residential apartments with office space.

Where is this mixed-use property located?

The property is located at 31 HEWETT ROAD Wyncote, PA.

What is the asking price?

The asking price for this property is $1,295,000.

What are key features of this property?

This property features: Eight residential units plus one office; 7,281 square feet; built in 1900; Roof replaced in 2025