Property profile

18 Mechanic St New Hope, PA 18938

OFF-MARKET
Retail residential properties
Property ID
US73-0456634
3,582 SF 0.29 ac lot Built 1762
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1762
Total area 3,582 SF
Lot 0.29 ac (12,589 SF)
Zoning code CC
APN 27-010-081
UPID US73-0456634

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

18 Mechanic St New Hope, PA 18938-1254
New Hope metro Census 104400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$695k
CAP Approach CAP
$745k
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k

Owner & transaction history

since 2023
Last sale
$625,000
7 recorded transactions
2023
$625,000
2020
Price N/A
2020
Price N/A
2008
$474,768
2000
$260,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · New Hope, PA
Zoning description

rticle V Zoning District Regulations § 275-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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