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Property profile & analytics
OFF-MARKET
Residential income homes
722 3rd St Catasauqua, PA 18032-2306
Individually Owned
15-yr Hold
~
Est. High Equity
Property ID
US73-0520604
Property profile
Verified
Property type
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Year built
1884
Construction
TYPE NOT SPECIFIED
Total area
2,738 SF
Lot
0.12 ac (5,119 SF)
Zoning code
R2
APN
549990520582-1
UPID
US73-0520604
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Scott T Christy · 15 yrs held
Scott T Christy
since 2011
6 recorded transactions
Zoning & alternative use
R2 · Catasauqua, PA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
R-2 Medium Density Residential District: To provide for medium density residential neighborhoods; to protect these areas from incompatible uses; to encourage "one home on one lot" (which may be attached to another home) in order to promote home ownership and neighborhood stability; to make sure that "infill" development is consistent with neighboring develop…
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
371.67 ac
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 Catasauqua submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Catasauqua 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,043
Tax year 2024
Assessed value
$127,400
Assessed 2024
Previous assessed
$127,400
+0.0% YoY
Effective rate
3.96%
On assessed value
Assessed land
$20,100
Assessed improvement
$107,300
Land market value
$20,100
Improvement market value
$107,300
Total market value
$127,400
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
Residential income homes
Use group
APARTMENT HOUSE (UNDER 5 UNITS)
Status
Off-Market
Year built
1884
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
2
Rooms
8
Bathrooms
2
Total area
2,738 SF
Lot
0.12 ac (5,119 SF)
Zoning code
R2
APN
549990520582-1
UPID
US73-0520604
Jurisdiction
LEHIGH
Zoning & alternative use
R2 · Catasauqua, PAZoning R2 · permitted uses
R2 · Catasauqua, PA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
R-2 Medium Density Residential District: To provide for medium density residential neighborhoods; to protect these areas from incompatible uses; to encourage "one home on one lot" (which may be attached to another home) in order to promote home ownership and neighborhood stability; to make sure that "infill" development is consistent with neighboring development. (3)
Zone name
Medium Density Residential
General category
RESIDENTIAL
Zone area
371.67 ac
Building & site characteristics
From public records
Year built
1884
Construction
TYPE NOT SPECIFIED
Heating
BASEBOARD
Stories
3
Units
2
Rooms
8
Bathrooms
2
Lot
0.12 ac
Current owner
From public records · entity-resolved
Scott T Christy
Individual
Mailing address
3226 KENNEDY DR, NORTHAMPTON, PA 18067-1019
Ownership since
2011
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 24, 2011
$89,250
Scott T Christy
Federal National Mortgage Associati
Warranty Deed
$109,836 · Real Estate Mortgage Netw
Apr 30, 2010
$174
Federal Natl Mtg Assn Fnma
Sheriff Of Lehigh County
Trustees Deed
related
—
May 16, 2001
$88,000
Kevin E Warne
Makoul,joseph J
Grant Deed
—
—
—
Kevin E Warne
—
Deed Of Trust
related
$83,600 · Mortgage America
—
—
Scott T Christy
—
Deed Of Trust
related
$104,000 · Pennsylvania St Emp Cu
—
—
Kevin E Warne
—
Deed Of Trust
related
$80,400 · M & T Mortgage 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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