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Property profile & analytics
OFF-MARKET
Estimated value
$4,695,000
Garden apartment buildings
409 Easton Rd, Willow Grove, PA 19090-2529
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US73-5693561
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1958
Total area
93,258 SF
Lot
2.19 ac (95,396 SF)
Zoning code
M
APN
59-00-05581-00-3
UPID
US73-5693561
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
-
The Gardens at Willow Grove Apartment Complex
-
Business Improvement LLC Business Management Consultant
-
Mk ultra Mobile Phone Store (Bike/Boat/Book/etc) Store
-
Job1USA Security Security Service
-
Spicy TV Television Studio Media Distribution
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.77M
Blend (final)
Blend
$4.70M
Owner & transaction history
Gardens At Willow Grove LLC · 6 yrs held
Gardens At Willow Grove LLC
since 2020
Last sale
$4.8M
7 recorded transactions
Zoning & alternative use
M · Willow Grove, 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 Willow Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Willow Grove 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
$5,430,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.70M
Range $4.23M – $5.16M · ±10% · vs last sale $4.79M (Feb 13 2020)
Last sale anchor
$4.79M
Feb 13 2020
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
$50 / 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
$112,124
Tax year 2023
Assessed value
$2,358,913
Assessed 2024
Previous assessed
$2,358,913
+0.0% YoY
Effective rate
4.75%
On assessed value
Total market value
$2,358,913
Applied tax rate
59.0000
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
1958
Heating
NONE
Cooling
NONE
Units
64
Total area
93,258 SF
Lot
2.19 ac (95,396 SF)
Zoning code
M
APN
59-00-05581-00-3
UPID
US73-5693561
Jurisdiction
MONTGOMERY
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
M · Willow Grove, PA
Zoning M · permitted uses
M · Willow Grove, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Willow Grove. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1958
Heating
NONE
Cooling
Yes
Units
64
Lot
2.19 ac
Current owner
From public records · entity-resolved
Gardens At Willow Grove LLC
Entity
Mailing address
1500 AVE OF THE STATES STE #308, LAKEWOOD, NJ 08701-4791
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 13, 2020
$4,788,593
Gardens At Willow Grove LLC
409 Easton LLC
Grant Deed
—
Nov 7, 2018
—
409 Easton LLC
—
Grant Deed
related
$5,800,000 · New York Cmnty Bk
Nov 16, 2017
$5,850,000
409 Easton LLC
Select Real Estate II LP
Grant Deed
$4,377,000 · New York Cmnty Bk
Mar 5, 2008
$5,500,000
Select Real Estate II
409 Easton Road Associates
Grant Deed
$4,400,000 · Bancorp Bank
—
—
Select Real Estate II LP
—
Deed Of Trust
related
$4,307,937 · Bancorp Bank
—
—
Gardens At Willow Grove LLC
—
Deed Of Trust
related
$6,800,000 · Greystone Svcng Corp
—
—
409 Easton Rd Acco INC
—
Deed Of Trust
related
$1,300,000 · Manfacturers & Trade
—
—
Gardens At Willow Grove LLC
—
Deed Of Trust
related
$6,800,000 · Greystone Svcng Corp
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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