Residential Income Property with
New
For Sale
$450,000
42 W COLLEGE AVENUE #220, Yardley, PA 19067
A renovated two-bedroom residence includes a separate den, attached garage, and access to shared fitness and gathering rooms.
Property Size1,351 SF
Price / SF$333.09
Days on Market4
Property Features for 42 W COLLEGE AVENUE #220
General Information
Standard status
Active
Size
1,351 SF
Elevators
Yes
Property subtype
Apartment
Units
Unit Mix
1 x 2BR + den
Multifamily Units
1
Amenities
fireplace
fitness room
gathering room
Building Details
Year Built
1998
Listing Agency:
Keller Williams Real Estate
(215) 493-0457
Listed By:
Mary Ann O'Keeffe · License #RS303459
(215) 801-2231
Source:
Cummingsrealtors
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 16 at 9:19AM
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 Real Estate
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Investment Insights
Based on property information with market context.
This 1,351-square-foot residential unit at Yardley Point has two bedrooms, a separate den, an attached garage, and a fireplace. Renovations have been completed, and the layout includes a distinct space that can serve as an office or sitting area. The residence was built in 1998.
The unit backs onto mature trees, with seasonal views of the Delaware River. Yardley Borough’s Main Street, restaurants, shops, and coffee houses are within walking distance. Community facilities include a fitness room, gathering room, and elevator.
The unit backs onto mature trees, with seasonal views of the Delaware River. Yardley Borough’s Main Street, restaurants, shops, and coffee houses are within walking distance. Community facilities include a fitness room, gathering room, and elevator.
Key Highlights
- 1,351‑square‑foot, two‑bedroom unit with a separate den
- Attached garage and fireplace
- Renovated residence built in 1998
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,727
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,540
$334.5K
Cap Rate 7%
$238,957
$239.0K
Cap Rate 9%
$185,856
$185.9K
Market Conditions
NOI Build-Up for 1,351 SF
Gross rent
$31.5K $23.28/SF
− Vacancy
−$1.0K −$0.77/SF
EGI
$30.4K $22.51/SF
− OpEx
−$13.7K −$10.13/SF
NOI
$16.7K $12.38/SF
Area
Bucks County, PA
Vacancy
3.30%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$334,540
Cap Rate 7%
$238,957
Cap Rate 9%
$185,856
Alternative Uses
Best Use
Apartment 5plus
$239.0K
$209.1K – $278.8K
NOI $16,727 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$409.6K
$358.4K – $477.9K
NOI $28,673 @ 7.0% cap · market cap 6.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
701
Businesses Nearby
Explore this area
Business Placement
Demographics for 19067, PA
53,153
Population
21,792
Households
2.4
Avg Household Size
44
Median Age
56%
College-Educated
97%
High-School Grad
31.5 sq mi
ZIP Area
1,687
Density / Sq Mi
$131,604
Median Household Income
$63,454
Median Earnings
$1,599
Median Rent
$483,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A renovated two-bedroom residence includes a separate den, attached garage, and access to shared fitness and gathering rooms.
Where is this residential income property located?
The property is located at 42 W COLLEGE AVENUE #220 Yardley, PA.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,351‑square‑foot, two‑bedroom unit with a separate den; Attached garage and fireplace; Renovated residence built in 1998
