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    3645-57 APPLEBUTTER Road Fountainville, PA 18923

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    For Sale
    $875,000

    MULTI_FAMILY - Rambler - FOUNTAINVILLE, PA

    Property size:
    1,040 SF
    Lot size:
    1.00 Acre
    Price / SF:
    $841/SF
    Added:
    Apr 10, 2026
    Days on Market:
    28
    Last Refresh:
    May 7 at 10:06 pm

    Property Features for 3645-57 APPLEBUTTER Road

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking
    4
    Parking features
    Garage - Attached, Garage - Detached, Driveway
    Fireplace
    1
    Standard status
    Active
    Size
    1,040 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Annual Amount
    6268

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1964
    Number of units
    1
    Building materials
    Frame
    Architectural style
    Rambler

    We can help!

    Listing Contact
    Mary Lou Erk

    Listing agent Mary Lou Erk License #AB049608L

    Listing office Coldwell Banker Hearthside-Doylestown 212 N Main Street, Richboro, PA

    Listing date Apr 10, 2026

    MLS# PABU2117616 Listing URL

    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.

    HighLights

    • Two meticulously maintained ranch homes on one property, ideal for multi‑generational living or rental income.
    • Front home rebuilt in 2014 with updated kitchen featuring stainless steel appliances, hardwood floors, and gas fireplace.
    • Back rancher features hardwood flooring, wood‑burning fireplace, and expansive Trex deck with scenic views.
    • Each home has its own well, septic, and generator, providing independence and peace of mind.
    • Both homes include attached or detached 2‑car garages for convenient parking and storage.
    • Located in the highly regarded Pennridge School District, close to shopping, dining, and Doylestown.

    Overview

    Two Ranch Homes on Acre

    Located in Bedminster Township, this property features two ranch homes on a 1-acre lot. The front home, rebuilt in 2014, includes hardwood floors, a gas fireplace, and an updated kitchen with stainless steel appliances. It offers two bedrooms on the main level, with flexible space on the lower level that can serve as a third bedroom or home office. A detached two-car garage and a generator are included. The back rancher features hardwood flooring, a wood-burning fireplace, and a kitchen with cabinetry and appliances. An expansive Trex deck offers scenic views. The lower level provides recreation space and storage, and there is an attached two-car garage. Both homes have their own well, septic system, and generator. The property is located in the Pennridge School District and is near the shops, restaurants, and conveniences of Dublin, and a short drive from Doylestown. The property is suitable for multi-generational living or generating income while living in one of the homes.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Hair Salon Hotel & Motel Gym & Fitness Center Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fountainville
    County
    Bucks
    State
    Pennsylvania
    Longitude
    -75.1876596
    Latitude
    40.3648625

    FAQs

    What type of property is this?
    Single family property - Two well-maintained ranch homes ideal for multi-generational living.
    Where is this single family property located?
    The property is located at 3645-57 APPLEBUTTER Road Fountainville, PA.
    What is the asking price?
    The asking price for this property is $875,000.
    What are key features of this property?
    This property features: Two meticulously maintained ranch homes on one property, ideal for multi‑generational living or rental income.; Front home rebuilt in 2014 with updated kitchen featuring stainless steel appliances, hardwood floors, and gas fireplace.; Back rancher features hardwood flooring, wood‑burning fireplace, and expansive Trex deck with scenic views.
    (215) 870-4101
    We can help!
    Listing Contact
    Mary Lou Erk
    Real Estate License ID: AB049608L
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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