407 Castello Avenue Hatboro, PA 19040
Well-maintained, income-producing triplex with recent renovations and ample parking.
- Added:
- May 21, 2026
- Days on Market:
- 52
- Last Refresh:
- Jul 3 at 5:39 am
Property Features for 407 Castello Avenue
General Information
- Standard status
- Active
- Size
- 3,789 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1938
Listing office RE/MAX Centre Realtors (267) 718-6714
Listing date May 21, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Income‑producing triplex with strong rental potential.
- Turn‑key investment opportunity with a fully renovated, move‑in ready vacant unit.
- Each unit has dedicated laundry and private basement storage.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $84.1k | $22.20 |
| − Vacancy | −$5.5k | −$1.44 |
| EGI | $78.6k | $20.76 |
| − OpEx | −$23.6k | −$6.23 |
| NOI | $55.1k | $14.53 |