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Property profile & analytics
OFF-MARKET
Estimated value
$12,325,000
Garden apartment buildings
350 York Rd Hatboro, PA 19040-4830
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US73-2496398
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1961
Total area
56,668 SF
Lot
3.68 ac (160,301 SF)
Zoning code
R4
APN
08-00-06289-00-3
UPID
US73-2496398
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
-
Family Matters Counseling Services Counselor
-
The Welcome Project PA / SAGA (Sexuality & Gender Acceptance) Community Center
-
Sharyvette Mattos Foster Care Service Social Service Agency
-
Love in Action United Church of Christ Church
-
United Sttes Military Dental Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.78M
Comparable Approach
Comparable
$8.78M
Blend (final)
Blend
$12.33M
Owner & transaction history
350 North York LLC · 5 yrs held
350 North York LLC
since 2021
Last sale
$9.6M
3 recorded transactions
Zoning & alternative use
R4 · Hatboro, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$16.8M
+112.7%
Retail stores
$15.3M
+93.7%
Office building
$9.3M
+17.7%
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 Hatboro submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hatboro 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
$12,325,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$12,760,000
6.5%
$11,780,000
7%
$10,935,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$7,875,000
Current use
AUTO REPAIR, GARAGE
$16,750,000
Change: +113% · Conversion: Difficult
RETAIL STORES
$15,260,000
Change: +94% · Conversion: Difficult
OFFICE BUILDING
$9,270,000
Change: +18% · Conversion: Moderate
MEDICAL BUILDING
$8,930,000
Change: +13% · Conversion: Moderate
RESTAURANT
$7,955,000
Change: +1% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$7,385,000
Change: -6% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$6,335,000
Change: -20% · Conversion: Difficult
Blend value · Realmo final
$12.33M
Range $11.09M – $13.56M · ±10% · vs last sale $9.55M (Jul 26 2021)
Last sale anchor
$9.55M
Jul 26 2021
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
$217 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$109,809
Tax year 2023
Assessed value
$2,266,170
Assessed 2024
Previous assessed
$2,266,170
+0.0% YoY
Effective rate
4.85%
On assessed value
Total market value
$2,266,170
Applied tax rate
8.0000
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
1961
Heating
HOT WATER
Cooling
NONE
Units
12
Total area
56,668 SF
Lot
3.68 ac (160,301 SF)
Zoning code
R4
APN
08-00-06289-00-3
UPID
US73-2496398
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R4 · Hatboro, PAZoning R4 · permitted uses
R4 · Hatboro, 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
$7.9M
AUTO REPAIR, GARAGE
Est. value
$16.8M
RETAIL STORES
Est. value
$15.3M
OFFICE BUILDING
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$8.9M
RESTAURANT
Est. value
$8.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$7.4M
INDUSTRIAL (GENERAL)
Est. value
$6.3M
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
RETAIL STORES
OFFICE BUILDING
MEDICAL BUILDING
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1961
Heating
HOT WATER
Cooling
Yes
Units
12
Lot
3.68 ac
Current owner
From public records · entity-resolved
350 North York LLC
Entity
Mailing address
409 RICHMOND AVE STE #102, POINT PLEASANT BEACH, NJ 08742-2768
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
$9,550,000
350 North York LLC
Peter Tiburzio
Deed
$7,600,000 · Bryn Mawr Trust Co
Jan 27, 2021
—
Peter Tiburzio
North York Road Associates LP
Grant Deed
related
—
Jan 6, 2009
$3,000,000
North York Road Associates
Heidmann Ruth E
Deed Of Trust
$3,000,000 · Peter SR & Adele Tiburzio
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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