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Property profile & analytics
OFF-MARKET
Estimated value
$2,505,000
Garden apartment buildings
41 Delaware Ave, Yardley, PA 19067-1435
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US73-3898826
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1964
Total area
4,584 SF
Lot
0.5 ac (21,600 SF)
Zoning code
R2
APN
54-005-025
UPID
US73-3898826
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
$2.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$2.51M
Owner & transaction history
Cottage Street Investments LLC · 4 yrs held
Cottage Street Investments LLC
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
R2 · Yardley, 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 Yardley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Yardley 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
$2,450,000
ML approach
$2,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.51M
Range $2.25M – $2.76M · ±10% · vs last sale $2.53M (Feb 3 2022)
Last sale anchor
$2.53M
Feb 3 2022
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
$546 / 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
$23,308
Tax year 2024
Assessed value
$95,600
Assessed 2024
Previous assessed
$95,600
+0.0% YoY
Effective rate
24.38%
On assessed value
Assessed land
$9,120
Assessed improvement
$86,480
Land market value
$124,931
Improvement market value
$1,184,652
Total market value
$1,309,583
Applied tax rate
54.0000
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
1964
Heating
CENTRAL
Cooling
YES
Buildings
2
Stories
2
Total area
4,584 SF
Lot
0.5 ac (21,600 SF)
Zoning code
R2
APN
54-005-025
UPID
US73-3898826
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Yardley, PA
Zoning R2 · permitted uses
R2 · Yardley, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Yardley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1964
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Cottage Street Investments LLC
Entity
Mailing address
PO BOX 52385, PHILADELPHIA, PA 19115-7385
Ownership since
2022
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 3, 2022
$2,525,000
Cottage Street Investments LLC
Sas Delaware Properties LLC
Deed
—
Jan 3, 2019
$1,450,000
Sas Delaware Properties LLC
Devon Service LLC
Grant Deed
—
Dec 14, 2018
$1,201
Devon Service LLC
Sheriff Of Bucks County|sun Garden Apartments LLC
Trustees Deed
—
Sep 16, 2016
—
Sun Garden Apartments LLC
—
Deed
related
$1,392,000 · Customers Bank
Mar 8, 2013
$890,000
Sun Garden Apartments LLC
41 N Delaware Ave Partners LP
Grant Deed
$667,000 · Sovereign Bank
Jun 21, 2005
$850,000
41 N Delaware Ave Partners
J & M Property Management LLC
Grant Deed
$680,000 · National Penn Bank
Sep 11, 2003
$750,000
J & M Properties Mgmt LLC
Linn,leland K
Grant Deed
$600,000 · Commerce Bank NA
—
—
Leland K Linn
—
Deed Of Trust
related
$150,000 · Gerald J & Elizabeth A Innella
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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