Property profile

9 Mechanic St New Hope, PA 18938

OFF-MARKET
Retail residential properties
Property ID
US73-0449106
1,187 SF 0.04 ac lot Built 1850
Individually Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Retail residential properties
Use group STORES & APARTMENTS
Year built 1850
Total area 1,187 SF
Lot 0.04 ac (1,699 SF)
Zoning code CC
APN 27-010-092-001
UPID US73-0449106

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
  • Restaurant

Location

9 Mechanic St New Hope, PA 18938-1204
New Hope metro Census 104400 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$770k
CAP Approach CAP
by Request
Comparable Approach Comparable
$585k
Blend (final) Blend
$775k

Owner & transaction history

since 2022
Last sale
$797,000
6 recorded transactions
2022
$797,000
2019
$699,000
2017
Price N/A
2011
$310,000
2004
$430,000
2000
$385,000

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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