One-Bedroom Residential
New
For Sale
$299,500
35011 BENNETT PLACE, Southampton, PA 18966
The second-floor home features a renovated kitchen and new heating and air-conditioning systems.
Property Size761 SF
Price / SF$393.56
Days on Market2
Property Features for 35011 BENNETT PLACE
General Information
Standard status
Active
Size
761 SF
Property subtype
Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Amenities
community pools
Building Details
Year Built
1987
Listing Agency:
Opus Elite Real Estate
(215) 395-6277
Listed By:
Shannon Marie Yaede · License #rs352980
(267) 312-5896
Source:
Cummingsrealtors
Added: Oct 7
Last Checked: Oct 7 at 2:09PM
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 Opus Elite Real Estate
Investment Insights
Based on property information with market context.
This 761-square-foot, second-floor residence has one bedroom and one bathroom. The kitchen has been remodeled, and the home has a new heating system and new air conditioning. Built in 1987, the unit is located in Holland, Pennsylvania.
Residents have access to three community swimming pools. The property is within the Council Rock School District and a short drive from shops, cafes, and restaurants in Newtown.
Residents have access to three community swimming pools. The property is within the Council Rock School District and a short drive from shops, cafes, and restaurants in Newtown.
Key Highlights
- 761‑square‑foot, second‑floor residence
- One bedroom and one bathroom
- Remodeled kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,422
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$188,440
$188.4K
Cap Rate 7%
$134,600
$134.6K
Cap Rate 9%
$104,689
$104.7K
Market Conditions
NOI Build-Up for 761 SF
Gross rent
$17.7K $23.28/SF
− Vacancy
−$585 −$0.77/SF
EGI
$17.1K $22.51/SF
− OpEx
−$7.7K −$10.13/SF
NOI
$9.4K $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 Rate 5%
$188,440
Cap Rate 7%
$134,600
Cap Rate 9%
$104,689
Alternative Uses
Best Use
Apartment 5plus
$134.6K
$117.8K – $157.0K
NOI $9,422 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$230.7K
$201.9K – $269.2K
NOI $16,151 @ 7.0% cap · market cap 5.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
139
Businesses Nearby
Explore this area
Business Placement
Demographics for 18966, PA
38,079
Population
14,199
Households
2.7
Avg Household Size
47
Median Age
48%
College-Educated
97%
High-School Grad
16.3 sq mi
ZIP Area
2,336
Density / Sq Mi
$119,741
Median Household Income
$63,712
Median Earnings
$1,840
Median Rent
$466,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The second-floor home features a renovated kitchen and new heating and air-conditioning systems.
Where is this residential income property located?
The property is located at 35011 BENNETT PLACE Southampton, PA.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: 761‑square‑foot, second‑floor residence; One bedroom and one bathroom; Remodeled kitchen
