Two-Bedroom Residential Income
For Sale
$290,000
400 GLENDALE ROAD Unit I-50, Havertown, PA 19083
The 1,288-square-foot residence has two bathrooms and heated floors.
Property Size1,288 SF
Price / SF$225.16
Days on Market48
Property Features for 400 GLENDALE ROAD Unit I-50
General Information
Standard status
Active
Size
1,288 SF
Property subtype
Penthouse Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,449
Amenities
heated floors
Building Details
Building Size
1,288 SF
Year Built
1967
Listing Agency:
Opus Elite Real Estate
Listed By:
Svetlana Sypen · License #RS345760
(267) 815-6560
Source:
Desantis-realestate
Added: Sep 15
Changed: Oct 26
Last Checked: Oct 31 at 1:55PM
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
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 residential income unit contains 1,288 square feet, with two bedrooms and two bathrooms. The interior has an open kitchen, living, and dining area, along with built-in storage and custom cabinetry. Heated floors, updated bathrooms, and appliances are among the stated features. The residence was built in 1967 and has been renovated.
Key Highlights
- 1,288‑square‑foot residence with two bedrooms and two bathrooms
- Renovated interior with an open kitchen, living, and dining area
- Heated floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,584
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,680
$271.7K
Cap Rate 7%
$194,057
$194.1K
Cap Rate 9%
$150,933
$150.9K
Market Conditions
NOI Build-Up for 1,288 SF
Gross rent
$26.3K $20.40/SF
− Vacancy
−$1.6K −$1.22/SF
EGI
$24.7K $19.18/SF
− OpEx
−$11.1K −$8.63/SF
NOI
$13.6K $10.55/SF
Area
Pittsburgh, PA
Vacancy
6.00%
Lease Rate
$20.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,680
Cap Rate 7%
$194,057
Cap Rate 9%
$150,933
Alternative Uses
Best Use
Apartment 5plus
$194.1K
$169.8K – $226.4K
NOI $13,584 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$410.2K
$358.9K – $478.6K
NOI $28,714 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
629
Businesses Nearby
Explore this area
Business Placement
Demographics for 19083, PA
36,964
Population
13,752
Households
2.7
Avg Household Size
40
Median Age
58%
College-Educated
97%
High-School Grad
5.6 sq mi
ZIP Area
6,601
Density / Sq Mi
$120,233
Median Household Income
$61,467
Median Earnings
$1,386
Median Rent
$424,100
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The 1,288-square-foot residence has two bathrooms and heated floors.
Where is this residential income property located?
The property is located at 400 GLENDALE ROAD Unit I-50 Havertown, PA.
What is the asking price?
The asking price for this property is $290,000.
What are key features of this property?
This property features: 1,288‑square‑foot residence with two bedrooms and two bathrooms; Renovated interior with an open kitchen, living, and dining area; Heated floors
