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Property profile & analytics
OFF-MARKET
Estimated value
$935,000
Garden apartment buildings
420 Chestnut St Perkasie, PA 18944-1380
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US73-2808122
Property profile
Verified
Property type
Garden apartment buildings
Use group
GARDEN APT, COURT APT (5+ UNITS)
Year built
1912
Total area
6,240 SF
Lot
0.07 ac (3,093 SF)
Zoning code
R2
APN
33-005-191
UPID
US73-2808122
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
-
Home & Hearth Masonry General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$935k
CAP Approach
CAP
$1.19M
Comparable Approach
Comparable
$937k
Blend (final)
Blend
$935k
Owner & transaction history
420 West Chestnut Street LLC · 2 yrs held
420 West Chestnut Street LLC
since 2024
Last sale
$937,000
3 recorded transactions
Zoning & alternative use
R2 · Perkasie, 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 Perkasie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perkasie 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
$935,000
ML approach
$935,000
CAP Approach
CAP Return
Estimation
6%
$1,290,000
6.5%
$1,190,000
7%
$1,105,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,540,000
Change: -10% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,495,000
Change: -12% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,450,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$935k
Range $842k – $1.03M · ±10% · vs last sale $937k (Jun 18 2024)
Last sale anchor
$937k
Jun 18 2024
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
$150 / 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
$7,807
Tax year 2024
Assessed value
$45,400
Assessed 2024
Previous assessed
$45,400
+0.0% YoY
Effective rate
17.20%
On assessed value
Assessed land
$3,900
Assessed improvement
$41,500
Land market value
$53,424
Improvement market value
$568,491
Total market value
$621,915
Applied tax rate
33.0000
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
1912
Heating
CENTRAL
Cooling
YES
Stories
3
Total area
6,240 SF
Lot
0.07 ac (3,093 SF)
Zoning code
R2
APN
33-005-191
UPID
US73-2808122
Jurisdiction
BUCKS
Metro division
PHILADELPHIA, PA METROPOLITAN DIVISION
Zoning & alternative use
R2 · Perkasie, PA
Zoning R2 · permitted uses
R2 · Perkasie, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perkasie. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.5M
AUTO REPAIR, GARAGE
Est. value
$1.5M
MEDICAL BUILDING
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
1912
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.07 ac
Current owner
From public records · entity-resolved
420 West Chestnut Street LLC
Entity
Mailing address
431 DEEP RUN RD, MOSCOW, PA 18444
Ownership since
2024
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
Jun 18, 2024
$937,000
420 West Chestnut Street LLC
W S Pine & Co LLC
Deed
$702,750 · Penn Community Bank
Nov 21, 2017
$680,000
W S Pine And Co LLC
Phillip E Chant
Deed
$510,000 · Qnb Bank
Dec 7, 2004
$400,000
Philip E Chant
Behling,matthias A & Irene
Grant Deed
$400,000 · Harleysville Nat'l Bank & Trus
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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