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Property profile & analytics
OFF-MARKET
Estimated value
$560,000
Garden apartment buildings
2379 Delaware Dr Mount Bethel, PA 18343-5251
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US73-0197187
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1910
Total area
11,317 SF
Lot
0.64 ac (27,712 SF)
Zoning code
VC
APN
C11SE1 4 12 0131
UPID
US73-0197187
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$630k
Blend (final)
Blend
$560k
Owner & transaction history
D & D Properties LLC · 9 yrs held
D & D Properties LLC
since 2016
5 recorded transactions
Zoning & alternative use
VC · Mount Bethel, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$925,000
+0.4%
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 Mount Bethel submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mount Bethel 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$925,000
Current use
INDUSTRIAL (GENERAL)
$925,000
Change: +0% · Conversion: Difficult
Blend value · Realmo final
$560k
Range $504k – $616k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$49 / 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
$8,232
Tax year 2024
Assessed value
$108,100
Assessed 2024
Previous assessed
$108,100
+0.0% YoY
Effective rate
7.62%
On assessed value
Assessed land
$21,300
Assessed improvement
$86,800
Land market value
$42,600
Improvement market value
$173,600
Total market value
$216,200
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
1910
Heating
YES
Cooling
NONE
Stories
2
Units
7
Rooms
6
Bathrooms
2
Total area
11,317 SF
Lot
0.64 ac (27,712 SF)
Zoning code
VC
APN
C11SE1 4 12 0131
UPID
US73-0197187
Jurisdiction
NORTHAMPTON
Zoning & alternative use
VC · Mount Bethel, PAZoning VC · permitted uses
VC · Mount Bethel, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$925,000
INDUSTRIAL (GENERAL)
Est. value
$925,000
APARTMENT HOUSE (5+ UNITS) Current
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Heating
YES
Cooling
Yes
Stories
2
Units
7
Rooms
6
Bathrooms
2
Lot
0.64 ac
Current owner
From public records · entity-resolved
D & D Properties LLC
Entity
Mailing address
59 DAWN DR, CLARK, NJ 07066-1401
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 19, 2016
$737,500
D & D Properties LLC
Joseph Fontana
Deed
$543,750 · First Choice Bank
Jul 5, 2011
$250,000
Joseph Fontana
1271 Special Assets LLC
Grant Deed
—
May 19, 2010
$6,279
1271 Special Assets LLC
Sheriff Of Northampton County
Trustees Deed
related
—
Jun 12, 2007
$525,000
Panagiotis Stathis
Mbc Investments LLC
Grant Deed
$393,750 · Greenpoint Mortgage Funding
—
—
Joseph Fontana
—
Deed Of Trust
related
$187,500 · Merchants Bank
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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