Residential Unit with
For Sale
$400,000
575 S GODDARD BOULEVARD Unit 211, King of Prussia, PA 19406
Shared amenities include a rooftop deck, fitness center, golf simulator, theater, and spaces for dining and gatherings.
Property Size913 SF
Price / SF$438.12
Days on Market19
Property Features for 575 S GODDARD BOULEVARD Unit 211
General Information
Standard status
Active
Size
913 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,939
Amenities
rooftop deck
fitness center
golf simulator
theater
clubroom
private dining room
three-season room
outdoor patio with grills
secure lobby
bike storage
refrigerated package room
convenient parking
Building Details
Building Size
913 SF
Year Built
2020
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Linda G Allebach · License #RS307433
(610) 513-0450
Source:
Wagnerrealestate
Added: Oct 16
Changed: Nov 2
Last Checked: Nov 3 at 9:01AM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Residence 211 is a 913-square-foot home with southeastern exposure, a kitchen island, and an adjoining area that can accommodate living or combined living and dining space. The bedroom includes a walk-in closet, while the bathroom has a double vanity and tub-shower combination. The building was constructed in 2020.
Residents have access to a rooftop deck with Valley Forge views, fitness center, golf simulator, theater, clubroom, private dining room, three-season room, and outdoor patio with grills. Building features also include elevators, bike storage, a refrigerated package room, lobby, and parking.
The King of Prussia Town Center, including Wegmans, is a block away. King of Prussia Mall and Valley Forge National Historical Park are also nearby, and major highways provide regional access.
Residents have access to a rooftop deck with Valley Forge views, fitness center, golf simulator, theater, clubroom, private dining room, three-season room, and outdoor patio with grills. Building features also include elevators, bike storage, a refrigerated package room, lobby, and parking.
The King of Prussia Town Center, including Wegmans, is a block away. King of Prussia Mall and Valley Forge National Historical Park are also nearby, and major highways provide regional access.
Key Highlights
- 913‑square‑foot residence with southeastern exposure
- Kitchen island and adjoining space for living or combined living and dining
- Bedroom with walk‑in closet; bathroom with double vanity and tub‑shower combination
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,335
Cap Rate
3.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,700
$246.7K
Cap Rate 7%
$176,214
$176.2K
Cap Rate 9%
$137,056
$137.1K
Market Conditions
NOI Build-Up for 913 SF
Gross rent
$23.9K $26.16/SF
− Vacancy
−$1.5K −$1.60/SF
EGI
$22.4K $24.56/SF
− OpEx
−$10.1K −$11.05/SF
NOI
$12.3K $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%
$246,700
Cap Rate 7%
$176,214
Cap Rate 9%
$137,056
Alternative Uses
Best Use
Apartment 5plus
$176.2K
$154.2K – $205.6K
NOI $12,335 @ 7.0% cap · market cap 3.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$525.2K
$459.5K – $612.7K
NOI $36,762 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,943
Businesses Nearby
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Business Placement
Demographics for 19406, PA
28,553
Population
14,181
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
97%
High-School Grad
13.4 sq mi
ZIP Area
2,131
Density / Sq Mi
$109,944
Median Household Income
$65,749
Median Earnings
$1,983
Median Rent
$393,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Shared amenities include a rooftop deck, fitness center, golf simulator, theater, and spaces for dining and gatherings.
Where is this residential income property located?
The property is located at 575 S GODDARD BOULEVARD Unit 211 King of Prussia, PA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 913‑square‑foot residence with southeastern exposure; Kitchen island and adjoining space for living or combined living and dining; Bedroom with walk‑in closet; bathroom with double vanity and tub‑shower combination
