Historic Stone
For Sale
$799,999
966 PAIGE COURT, Feasterville Trevose, PA 19053
Restored farmhouse property with a detached guest house, landscaped grounds, and adaptable rooms for extended living or workspace.
Property Size4,300 SF
Days on Market8
Property Features for 966 PAIGE COURT
General Information
Standard status
Active
Size
4,300 SF
Property subtype
Duplex
Taxes and HOA fees
Annual Taxes
$8,967
Building Details
Building Size
4,300 SF
Year Built
1810
Listing Agency:
Century 21 Veterans-Newtown
(267) 414-7057
Listed By:
John H Katein IV · License #RS334688
(267) 414-7057
Source:
Lizclarkrealestate
Added: Aug 2
Changed: Aug 8
Last Checked: Aug 8 at 9:40AM
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 Century 21 Veterans-Newtown
Investment Insights
Based on property information with market context.
This duplex property centers on a restored stone farmhouse dating to 1810, set on approximately 1.3 acres with wooded views and mature trees. Interior features include refinished antique pine floors, original architectural details, a renovated kitchen with leather granite countertops and stainless steel appliances, first-floor laundry, and a historic walk-in fireplace with beehive oven. The primary suite includes an antique fireplace, walk-in closet, and updated en-suite bath with a jetted soaking tub and glass shower.
A detached guest house adds flexibility for rental use, guests, an au pair suite, or extended-family living. The property also includes a two-story shed, sunroom, paver patio, built-in shelving, and additional rooms across the second and third floors that can accommodate offices, fitness space, guest rooms, or studios. Access to Route 1 and the I-295/I-276 interchange places the property within reach of Philadelphia, Princeton, and Bucks County destinations.
A detached guest house adds flexibility for rental use, guests, an au pair suite, or extended-family living. The property also includes a two-story shed, sunroom, paver patio, built-in shelving, and additional rooms across the second and third floors that can accommodate offices, fitness space, guest rooms, or studios. Access to Route 1 and the I-295/I-276 interchange places the property within reach of Philadelphia, Princeton, and Bucks County destinations.
Key Highlights
- Restored stone farmhouse built in 1810
- Approximately 1.3 acres with wooded views and mature trees
- Detached guest house plus a two‑story shed
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
$53,240
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
6.66%
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%
$1,064,800
$1.1M
Cap Rate 7%
$760,571
$760.6K
Cap Rate 9%
$591,556
$591.6K
Market Conditions
NOI Build-Up for 4,300 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
$100.1K $23.28/SF
− Vacancy
−$3.3K −$0.77/SF
EGI
$96.8K $22.51/SF
− OpEx
−$43.6K −$10.13/SF
NOI
$53.2K $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 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%
$1,064,800
Cap Rate 7%
$760,571
Cap Rate 9%
$591,556
Alternative Uses
Best Use
Apartment 5plus
$760.6K
$665.5K – $887.3K
NOI $53,240 @ 7.0% cap · market cap 6.66%
Second Best
Multifamily LT 5
$728.9K
$637.8K – $850.3K
NOI $51,020 @ 7.0% cap · market cap 6.38%
Theoretical Best
Office A
$1.30M
$1.14M – $1.52M
NOI $91,260 @ 7.0% cap · market cap 11.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
Explore this area
Business Placement
Demographics for 19053, PA
28,179
Population
11,161
Households
2.5
Avg Household Size
43
Median Age
37%
College-Educated
94%
High-School Grad
10.5 sq mi
ZIP Area
2,684
Density / Sq Mi
$102,241
Median Household Income
$59,606
Median Earnings
$1,401
Median Rent
$382,300
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?
Duplex - Restored farmhouse property with a detached guest house, landscaped grounds, and adaptable rooms for extended living or workspace.
Where is this duplex located?
The property is located at 966 PAIGE COURT Feasterville Trevose, PA.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Restored stone farmhouse built in 1810; Approximately 1.3 acres with wooded views and mature trees; Detached guest house plus a two‑story shed
