Leased Residential Income
New
For Sale
$329,900
4115 Bunker Hill Drive S, Coopersburg, PA 18036
MULTI_FAMILY - Upper Saucon Twp, PA
Property Size1,730 SF
Lot Size51.98 Acres
Price / SF$190.69
Days on Market4
Property Features for 4115 Bunker Hill Drive S
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-3
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bathroom 3, Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Bedroom 1
Parking
2
Parking features
Garage
Patio and Porch features
Patio
Interior features
Balcony
Subdivision
Liberty Village
Elementary school district
Southern Lehigh
Middle school district
Southern Lehigh
High school district
Southern Lehigh
Directions
Rt 309 to Center Valley Pkwy, R on Preston Ln, L on Bunker Hill Dr S, property on right.
Standard status
Active
APN
642414507948128
Size
1,730 SF
Lot size
51.98 Acres
Taxes and HOA fees
Tax Annual Amount
4653
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
private patio
gas fireplace
second-floor laundry room
full basement
Building Details
Year built
2010
Floors in Building
2
Number of units
1
Building materials
VinylSiding
Listing Agency:
Preferred Properties Plus
(610) 282-1333
Listed By:
Jeffrey D. Torchia · License #SB065687
(610) 360-6466
Added: Aug 4
Changed: Aug 6
Last Checked: Aug 7 at 6:06PM
MLS# 782062
Copyright © 2026 Greater Lehigh Valley REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This leased residential income property is a 1,730-square-foot condominium completed in 2010. The two-story layout includes three bedrooms, three bathrooms, an open kitchen and living area, a gas fireplace, second-floor laundry, and a full basement. Interior features include a walnut kitchen with granite counters, a breakfast bar, appliances, a walk-in closet, and a private patio. Forced-air natural-gas heat, central air, public water, and public sewer serve the residence. Vinyl siding and an attached garage complete the improvements.
The property is located at 4115 Bunker Hill Drive S in Upper Saucon Twp, Lehigh County, Pennsylvania, within the Southern Lehigh School District. It carries R-3 zoning and includes a 51.978-acre lot designation. The condominium association provides lawn care, exterior maintenance, trash removal, and snow removal. Cosmetic updates are needed.
The property is located at 4115 Bunker Hill Drive S in Upper Saucon Twp, Lehigh County, Pennsylvania, within the Southern Lehigh School District. It carries R-3 zoning and includes a 51.978-acre lot designation. The condominium association provides lawn care, exterior maintenance, trash removal, and snow removal. Cosmetic updates are needed.
Key Highlights
- 1,730‑square‑foot condominium completed in 2010
- Currently leased residential income property
- Three bedrooms and three bathrooms across a two‑story layout
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$10,106
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.06%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$202,120
$202.1K
Cap Rate 7%
$144,371
$144.4K
Cap Rate 9%
$112,289
$112.3K
Market Conditions
NOI Build-Up for 1,730 SF
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.
Gross rent
$19.9K $11.52/SF
− Vacancy
−$1.6K −$0.90/SF
EGI
$18.4K $10.62/SF
− OpEx
−$8.3K −$4.78/SF
NOI
$10.1K $5.84/SF
Area
Lehigh County, PA
Vacancy
7.80%
Lease Rate
$11.52 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$202,120
Cap Rate 7%
$144,371
Cap Rate 9%
$112,289
Alternative Uses
Best Use
Apartment 5plus
$144.4K
$126.3K – $168.4K
NOI $10,106 @ 7.0% cap · market cap 3.06%
Second Best
—
—
no second resolved use
Theoretical Best
Mixed Use
$254.4K
$222.6K – $296.8K
NOI $17,808 @ 7.0% cap · market cap 5.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
261
Businesses Nearby
Explore this area
Business Placement
Demographics for 18036, PA
14,084
Population
6,099
Households
2.3
Avg Household Size
45
Median Age
45%
College-Educated
95%
High-School Grad
29.2 sq mi
ZIP Area
482
Density / Sq Mi
$124,211
Median Household Income
$61,998
Median Earnings
$1,121
Median Rent
$381,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-story condominium with an open layout, private patio, basement, garage, and natural-gas heating.
Where is this residential income property located?
The property is located at 4115 Bunker Hill Drive S Coopersburg, PA.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 1,730‑square‑foot condominium completed in 2010; Currently leased residential income property; Three bedrooms and three bathrooms across a two‑story layout
