Residential Income Property with
For Sale
$349,900
36 ASHLEY COURT Unit 36, Glen Mills, PA 19342
The 1,390-square-foot residence includes two bedrooms, two bathrooms, and access to shared recreation amenities.
Property Size1,390 SF
Price / SF$251.73
Days on Market124
Property Features for 36 ASHLEY COURT Unit 36
General Information
Standard status
Active
Size
1,390 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$5,134
Building Details
Building Size
1,390 SF
Year Built
1989
Listing Agency:
Keller Williams Realty
Listed By:
Desantis Real Estate Team · License #342628
(267) 625-7016
Source:
Desantis-realestate
Added: Jun 26
Changed: Oct 27
Last Checked: Oct 27 at 4:27AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 1,390-square-foot residence has two bedrooms and two bathrooms, with a gas fireplace in the living room and doors opening to a private patio. The kitchen is fitted with white cabinetry, granite countertops, and stainless steel appliances. The primary suite includes a sitting area, walk-in closet, and an en-suite bath with both a shower stall and soaking tub. Vinyl plank flooring and a dining room with wainscoting are also noted.
The Darlington Woods community offers a clubhouse, fitness center, tennis courts, and pool. Newlin Grist Mill and Thornbury Park are nearby, as is Glen Mills Train Station. The residence is within the Garnet Valley School District. Built in 1989, the property includes a one-year home warranty paid for by the seller.
The Darlington Woods community offers a clubhouse, fitness center, tennis courts, and pool. Newlin Grist Mill and Thornbury Park are nearby, as is Glen Mills Train Station. The residence is within the Garnet Valley School District. Built in 1989, the property includes a one-year home warranty paid for by the seller.
Key Highlights
- 1,390‑square‑foot residence with two bedrooms and two bathrooms
- Private patio accessed from the living room
- Gas fireplace in the living room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,934
Cap Rate
3.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$278,680
$278.7K
Cap Rate 7%
$199,057
$199.1K
Cap Rate 9%
$154,822
$154.8K
Market Conditions
NOI Build-Up for 1,390 SF
Gross rent
$29.4K $21.12/SF
− Vacancy
−$4.0K −$2.89/SF
EGI
$25.3K $18.23/SF
− OpEx
−$11.4K −$8.20/SF
NOI
$13.9K $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 Rate 5%
$278,680
Cap Rate 7%
$199,057
Cap Rate 9%
$154,822
Alternative Uses
Best Use
Apartment 5plus
$199.1K
$174.2K – $232.2K
NOI $13,934 @ 7.0% cap · market cap 3.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$421.4K
$368.8K – $491.7K
NOI $29,500 @ 7.0% cap · market cap 8.43%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
157
Businesses Nearby
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Business Placement
Demographics for 19342, PA
20,550
Population
8,183
Households
2.5
Avg Household Size
48
Median Age
55%
College-Educated
96%
High-School Grad
19.8 sq mi
ZIP Area
1,038
Density / Sq Mi
$136,647
Median Household Income
$81,696
Median Earnings
$2,298
Median Rent
$579,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 1,390-square-foot residence includes two bedrooms, two bathrooms, and access to shared recreation amenities.
Where is this residential income property located?
The property is located at 36 ASHLEY COURT Unit 36 Glen Mills, PA.
What is the asking price?
The asking price for this property is $349,900.
What are key features of this property?
This property features: 1,390‑square‑foot residence with two bedrooms and two bathrooms; Private patio accessed from the living room; Gas fireplace in the living room
