Property profile

8 Mechanic St New Hope, PA 18938

OFF-MARKET
Investment properties
Property ID
US73-0425201
1,567 SF 0.03 ac lot Built 1745
Entity Owned 12-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1745
Construction FRAME
Total area 1,567 SF
Lot 0.03 ac (1,394 SF)
Zoning code CC
APN 27-010-078
UPID US73-0425201

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hotel & Motel
  • Bar & Pub

Location

8 Mechanic St New Hope, PA 18938-1205
New Hope metro Census 104400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$440k

Owner & transaction history

since 2014
5 recorded transactions
2014
$259,000
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

CC · New Hope, PA
Zoning description

rticle V Zoning District Regulations § 275-27 R1 Low-Density Residential District. § 275-28 R2 Rural Residential District. § 275-29 RB Borough Residential District. § 275-30 RC Multifamily Residential District. § 275-31…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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