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Property profile & analytics
OFF-MARKET
Estimated value
$1,105,000
Garden apartment buildings
2517 Dunksferry Rd Bensalem, PA 19020-2709
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US73-1522092
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1973
Total area
7,552 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CD
APN
02-036-156-001
UPID
US73-1522092
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
-
Apartment Apartment Building
-
Hill Brook Place Apartment Homes Apartment Building Apartment Complex
-
Connect Paving And Sealcoating General Contractor Construction Company
-
intel Sports Television Studio Media Distribution
-
P&N Paving and Concrete Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.11M
Owner & transaction history
Lsref4 Hill Brook Place LLC · 10 yrs held
Lsref4 Hill Brook Place LLC
since 2015
5 recorded transactions
Zoning & alternative use
CD · Bensalem, 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 Bensalem submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Bensalem 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%
$1,560,000
6.5%
$1,440,000
7%
$1,335,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,805,000
Change: -12% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,755,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$1.11M
Range $995k – $1.22M · ±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
$146 / 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
$105,740
Tax year 2024
Assessed value
$484,380
Assessed 2024
Previous assessed
$484,380
+0.0% YoY
Effective rate
21.83%
On assessed value
Assessed land
$85,950
Assessed improvement
$398,430
Land market value
$1,177,392
Improvement market value
$5,457,922
Total market value
$6,635,314
Applied tax rate
2.0000
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
1973
Heating
CENTRAL
Cooling
YES
Stories
2
Total area
7,552 SF
Lot
2.33 ac (101,495 SF)
Zoning code
CD
APN
02-036-156-001
UPID
US73-1522092
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
CD · Bensalem, PA
Zoning CD · permitted uses
CD · Bensalem, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Bensalem. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$1.8M
COMMERCIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1973
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
2.33 ac
Current owner
From public records · entity-resolved
Lsref4 Hill Brook Place LLC
Entity
Mailing address
112 S FRENCH ST105MP, WILMINGTON, DE 19801-5035
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
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
Mar 15, 2019
—
Hill Brook Place Lantern Owner
—
Grant Deed
related
$36,800,000 · Berkadia Com'l Mtg
Oct 13, 2015
$32,660,857
Lsref4 Hill Brook Place LLC
Hoem Properties LP
Special Warranty Deed
$24,960,000 · Berkadia Commercial Mortgage LLC
Aug 6, 2009
—
Home Properties Of New York
—
Deed Of Trust
related
$13,181,000 · M & T Realty Capital Corp
Jan 9, 2003
—
Home Properties New York LP
—
Deed Of Trust
related
$11,900,000 · Manufacturers Traders & Trust
Aug 4, 1999
$11,000,000
Home Properties Of New York LP
Hillbrook Trust
Grant Deed
$15,750,000 · Greenacre Associates LP
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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