Renovated Residential Income
For Sale
$295,000
504 FREEDOM CIRCLE Unit 319, Harleysville, PA 19438
The community includes an outdoor pool, clubhouse, and picnic areas.
Property Size1,331 SF
Price / SF$221.64
Days on Market61
Property Features for 504 FREEDOM CIRCLE Unit 319
General Information
Standard status
Active
Size
1,331 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,865
Amenities
outdoor pool
clubhouse
picnic areas
Building Details
Building Size
1,331 SF
Year Built
1974
Listing Agency:
EXP Realty, LLC
Listed By:
Kevin Pierce · License #RS365664
(484) 951-2937
Source:
Thejrsrealtygroup
Added: Sep 4
Changed: Nov 1
Last Checked: Nov 3 at 8:53AM
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 EXP Realty, LLC
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 renovated condominium offers two bedrooms and two bathrooms across 1,331 square feet. The property was built in 1974, and its community includes an outdoor pool, clubhouse, and picnic areas.
Association services cover maintenance, snow removal, and trash.
Association services cover maintenance, snow removal, and trash.
Key Highlights
- Renovated two‑bedroom, two‑bathroom condominium
- 1,331 square feet of living space
- Community amenities include an outdoor pool, clubhouse, and picnic areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,982
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,640
$359.6K
Cap Rate 7%
$256,886
$256.9K
Cap Rate 9%
$199,800
$199.8K
Market Conditions
NOI Build-Up for 1,331 SF
Gross rent
$34.8K $26.16/SF
− Vacancy
−$2.1K −$1.60/SF
EGI
$32.7K $24.56/SF
− OpEx
−$14.7K −$11.05/SF
NOI
$18.0K $13.51/SF
Area
Montgomery County, PA
Vacancy
6.10%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,640
Cap Rate 7%
$256,886
Cap Rate 9%
$199,800
Alternative Uses
Best Use
Apartment 5plus
$256.9K
$224.8K – $299.7K
NOI $17,982 @ 7.0% cap · market cap 6.10%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$765.6K
$669.9K – $893.2K
NOI $53,592 @ 7.0% cap · market cap 18.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
194
Businesses Nearby
Explore this area
Business Placement
Demographics for 19438, PA
25,134
Population
9,572
Households
2.6
Avg Household Size
44
Median Age
52%
College-Educated
97%
High-School Grad
22.2 sq mi
ZIP Area
1,132
Density / Sq Mi
$138,955
Median Household Income
$67,748
Median Earnings
$1,697
Median Rent
$455,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - The community includes an outdoor pool, clubhouse, and picnic areas.
Where is this residential income property located?
The property is located at 504 FREEDOM CIRCLE Unit 319 Harleysville, PA.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Renovated two‑bedroom, two‑bathroom condominium; 1,331 square feet of living space; Community amenities include an outdoor pool, clubhouse, and picnic areas
