Top-Floor Residential
New
For Sale
$825,000
575 S GODDARD BLVD #512, King of Prussia, PA 19406
KING OF PRUSSIA, PA
Property Size1,800 SF
Price / SF$458.33
Days on Market2
Property Features for 575 S GODDARD BLVD #512
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 3, Bedroom 1
Subdivision
575 SOUTH CONDOS
Elementary school
CANDLEBROOK
Middle school
U. MERION
High school
UPPER MERION AREA
Elementary school district
UPPER MERION AREA
Middle school district
UPPER MERION AREA
High school district
UPPER MERION AREA
Standard status
Active
Amenities
rooftop deck
fitness center
golf simulator
private theater
billiards
lounges
indoor-outdoor gathering spaces
quiet workspaces
secure entry
refrigerated package area
balcony
Building Details
Year built
2020
Listing Agency:
Collegeville
(610) 489-2100
Listed By:
Linda G Allebach · License #RS307433
(888) 536-0216
Added: Oct 5
Changed: Oct 6
Last Checked: Oct 6 at 4:06PM
MLS# PAMC2195734
Copyright © 2026 Long & Foster Real Estate. 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.
Residence 512 is a corner home on the top floor of a building completed in 2020, with nearly 1,800 square feet of living space. The layout includes three bedrooms, an open living and dining area, a modern kitchen with an island, and a dedicated laundry room. The primary suite has a walk-in closet and private bath; a second bedroom suite also includes a walk-in closet and full bathroom. The third bedroom opens directly onto the balcony. Views include the lake and Valley Forge National Park, and the home has two assigned garage spaces near the building entrance.
Building amenities include a rooftop deck, fitness equipment, a golf simulator, a private theater, billiards, lounges, workspaces, elevators, secure entry, and refrigerated package storage. King of Prussia Town Center is within walking distance, and King of Prussia Mall is five minutes away. Valley Forge National Historical Park and Lifetime Fitness are nearby, with regional highways providing access toward Center City Philadelphia.
Building amenities include a rooftop deck, fitness equipment, a golf simulator, a private theater, billiards, lounges, workspaces, elevators, secure entry, and refrigerated package storage. King of Prussia Town Center is within walking distance, and King of Prussia Mall is five minutes away. Valley Forge National Historical Park and Lifetime Fitness are nearby, with regional highways providing access toward Center City Philadelphia.
Key Highlights
- Nearly 1,800 square feet with three bedrooms and an open living and dining area
- Top‑floor corner residence with lake and Valley Forge National Park views
- Private balcony; the third bedroom has direct balcony access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,319
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$486,380
$486.4K
Cap Rate 7%
$347,414
$347.4K
Cap Rate 9%
$270,211
$270.2K
Market Conditions
NOI Build-Up for 1,800 SF
Gross rent
$47.1K $26.16/SF
− Vacancy
−$2.9K −$1.60/SF
EGI
$44.2K $24.56/SF
− OpEx
−$19.9K −$11.05/SF
NOI
$24.3K $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%
$486,380
Cap Rate 7%
$347,414
Cap Rate 9%
$270,211
Alternative Uses
Best Use
Apartment 5plus
$347.4K
$304.0K – $405.3K
NOI $24,319 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.04M
$906.0K – $1.21M
NOI $72,477 @ 7.0% cap · market cap 8.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,305
Businesses Nearby
Explore this area
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 - Three bedrooms, a private balcony, and two assigned garage spaces complement the home’s open living and dining area.
Where is this residential income property located?
The property is located at 575 S GODDARD BLVD #512 King of Prussia, PA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: Nearly 1,800 square feet with three bedrooms and an open living and dining area; Top‑floor corner residence with lake and Valley Forge National Park views; Private balcony; the third bedroom has direct balcony access
