Four-Unit Garden-Style
For Sale
$499,000
Pending
825 Sunrise Blvd, Mount Bethel, PA 18343
Apartment property with varied bedroom and bathroom configurations on expansive grounds.
Property Size6,180 SF
Days on Market46
Property Features for 825 Sunrise Blvd
General Information
Standard status
Pending
Size
6,180 SF
Property subtype
Residential Income
Taxes and HOA fees
Annual Taxes
$12,701
Listing Agency:
Weichert Realtors
(484) 554-9428
Listed By:
Wendy A. Totten
(484) 554-9428
Source:
Exprealty
Added: Jul 9
Changed: Aug 20
Last Checked: Aug 22 at 9:11AM
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 Weichert Realtors
Investment Insights
Based on property information with market context.
This 6,180-square-foot garden-style apartment property contains four units arranged across a residential income-producing configuration. Three apartments have two bedrooms, including two with one bathroom and one with two bathrooms. The remaining unit offers three bedrooms and two bathrooms, creating a varied unit mix within the property. The building requires updating and improvements.
Set on over 2.25 acres at 825 Sunrise Blvd in Mount Bethel, Pennsylvania, the property includes off-street parking and a private well and septic system. Its expansive grounds provide a park-like setting and additional outdoor space surrounding the apartment improvements.
Set on over 2.25 acres at 825 Sunrise Blvd in Mount Bethel, Pennsylvania, the property includes off-street parking and a private well and septic system. Its expansive grounds provide a park-like setting and additional outdoor space surrounding the apartment improvements.
Key Highlights
- Four‑unit garden‑style apartment property
- 6,180 square feet on over 2.25 acres
- Unit mix includes three 2‑bedroom apartments and one 3‑bedroom apartment
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
$40,856
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
8.19%
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%
$817,120
$817.1K
Cap Rate 7%
$583,657
$583.7K
Cap Rate 9%
$453,956
$454.0K
Market Conditions
NOI Build-Up for 6,180 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
$63.0K $10.20/SF
− Vacancy
−$4.7K −$0.76/SF
EGI
$58.4K $9.44/SF
− OpEx
−$17.5K −$2.83/SF
NOI
$40.9K $6.61/SF
Area
Northampton County, PA
Vacancy
7.41%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
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%
$817,120
Cap Rate 7%
$583,657
Cap Rate 9%
$453,956
Alternative Uses
Best Use
Multifamily LT 5
$583.7K
$510.7K – $680.9K
NOI $40,856 @ 7.0% cap · market cap 8.19%
Second Best
Apartment 5plus
$537.2K
$470.1K – $626.8K
NOI $37,607 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$1.17M
$1.03M – $1.37M
NOI $82,051 @ 7.0% cap · market cap 16.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
15
Businesses Nearby
Explore this area
Business Placement
Demographics for 18343, PA
3,819
Population
1,879
Households
2
Avg Household Size
52
Median Age
32%
College-Educated
95%
High-School Grad
20.4 sq mi
ZIP Area
187
Density / Sq Mi
$79,861
Median Household Income
$49,784
Median Earnings
$1,179
Median Rent
$274,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Apartment property with varied bedroom and bathroom configurations on expansive grounds.
Where is this quadplex located?
The property is located at 825 Sunrise Blvd Mount Bethel, PA.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Four‑unit garden‑style apartment property; 6,180 square feet on over 2.25 acres; Unit mix includes three 2‑bedroom apartments and one 3‑bedroom apartment
