Garden-Style Residential
331 BRANDON ROAD, Norristown, PA 19403
For Sale
$250,000
Community amenities include a clubhouse, swimming pool, and association-provided lawn care and snow removal.
Property Size1,271 SF
Price / SF$196.70
Days on Market208
Property Features for 331 BRANDON ROAD
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private balcony
clubhouse
swimming pool
intercom system
Building Details
Building Size
Year Built
Construction
Listing Agency:
Real of Pennsylvania
Listed By:
Anthony J Keane · License PA RS321284
(610) 715-2292
Source:
Desantis-realestate
Added: Apr 17
Changed: Nov 9
Last Checked: Nov 9 at 1:42PM
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 Real of Pennsylvania
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.
This 1,271-square-foot residence is in a garden-style building within a 55+ active adult community in West Norriton Township. The home includes an eat-in kitchen with a butler’s pantry, a primary bathroom, a private balcony, and main-floor laundry hookups. A dishwasher and disposal are included, along with an intercom system and a locked main entrance. The property was built in 1999.
The community adjoins a golf course and features landscaped grounds with sidewalks. Residents have access to a clubhouse and swimming pool. The association covers common-area maintenance, lawn care, and snow removal.
The community adjoins a golf course and features landscaped grounds with sidewalks. Residents have access to a clubhouse and swimming pool. The association covers common-area maintenance, lawn care, and snow removal.
Key Highlights
- 1,271‑square‑foot residence in a 55+ active adult community
- Garden‑style building with a private balcony
- Eat‑in kitchen with butler’s pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,172
Cap Rate
6.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,440
$343.4K
Cap Rate 7%
$245,314
$245.3K
Cap Rate 9%
$190,800
$190.8K
Market Conditions
NOI Build-Up for 1,271 SF
Gross rent
$33.2K $26.16/SF
− Vacancy
−$2.0K −$1.60/SF
EGI
$31.2K $24.56/SF
− OpEx
−$14.0K −$11.05/SF
NOI
$17.2K $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%
$343,440
Cap Rate 7%
$245,314
Cap Rate 9%
$190,800
Alternative Uses
Best Use
Apartment 5plus
$245.3K
$214.7K – $286.2K
NOI $17,172 @ 7.0% cap · market cap 6.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$731.1K
$639.7K – $852.9K
NOI $51,176 @ 7.0% cap · market cap 20.47%
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
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
166
Businesses Nearby
Explore this area
Business Placement
Demographics for 19403, PA
43,734
Population
19,720
Households
2.2
Avg Household Size
45
Median Age
48%
College-Educated
96%
High-School Grad
22.4 sq mi
ZIP Area
1,952
Density / Sq Mi
$101,996
Median Household Income
$59,809
Median Earnings
$1,640
Median Rent
$355,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Residential income properties in Norristown, PA
Properties on Market for Residential income properties in Norristown
Frequently Asked Questions
What type of property is this?
Residential income property - Community amenities include a clubhouse, swimming pool, and association-provided lawn care and snow removal.
Where is this residential income property located?
The property is located at 331 BRANDON ROAD Norristown, PA.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,271‑square‑foot residence in a 55+ active adult community; Garden‑style building with a private balcony; Eat‑in kitchen with butler’s pantry
