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Property profile & analytics
OFF-MARKET
Estimated value
$1,445,000
Garden apartment buildings
1338 Veterans Hwy Levittown, PA 19056-2025
Entity Owned
7-yr Hold
~
Est. High Equity
Property ID
US73-2149896
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1968
Total area
15,022 SF
Lot
11.78 ac (513,006 SF)
Zoning code
AO
APN
22-049-080
UPID
US73-2149896
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Rhodia Inc Medical Laboratory
-
Chesterfield Apartment Homes Apartment Rental Agency Apartment Complex
-
Derrick and Nicole restaurant bar lounge LLC Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.45M
Owner & transaction history
Chersterfield Apartments Owner LLC · 7 yrs held
Chersterfield Apartments Owner LLC
since 2018
7 recorded transactions
Zoning & alternative use
AO · Levittown, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Levittown submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Levittown submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$96 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$202,901
Tax year 2024
Assessed value
$932,000
Assessed 2024
Previous assessed
$932,000
+0.0% YoY
Effective rate
21.77%
On assessed value
Assessed land
$176,720
Assessed improvement
$755,280
Land market value
$2,420,811
Improvement market value
$10,346,256
Total market value
$12,767,067
Applied tax rate
22.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Status
Off-Market
Year built
1968
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
15,022 SF
Lot
11.78 ac (513,006 SF)
Zoning code
AO
APN
22-049-080
UPID
US73-2149896
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
AO · Levittown, PA
Zoning AO · permitted uses
AO · Levittown, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Levittown. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1968
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
11.78 ac
Current owner
From public records · entity-resolved
Chersterfield Apartments Owner LLC
Entity
Mailing address
112 S FRENCH ST105MP, WILMINGTON, DE 19801-5035
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2024
—
Chesterfield Apartments Owner LLC
—
Deed
related
$9,486,000 · Berkeley Point Capital LLC
Apr 2, 2020
—
Chesterfield Apts Owner LLC
—
Deed
related
$37,912,000 · Newmark Knight Frank
Dec 13, 2018
$36,000,000
Chersterfield Apartments Owner LLC
Bt Chesterfield LP
Special Warranty Deed
—
Dec 3, 2012
—
Bt Chesterfield LP
—
Deed Of Trust
related
$17,300,000 · Prudential Insurance Co Americ
Sep 17, 2012
$25,093,250
Bt Chesterfield LP
Home Properties LP
Grant Deed
related
$18,400,000 · Capital One
Dec 22, 1998
—
Home Properties New York LP
—
Deed Of Trust
related
$100,000,000 · Wmf Washington Corp
—
—
Chesterfield Apts Owner LLC
—
Deed Of Trust
related
$37,912,000 · Newmark Knight Frank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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