1131 Branch Rd, Perkasie, PA 18944

3 beds-- baths1,552 sqft Edit

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Sold: $219,440
Sold on 12/18/14
Zestimate®: $285,929
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Incredible Investment Opportunity! Three Buildings, Four total units, long term tenants- All currently leased! Property includes a Duplex Farmhouse with two, 1 bedroom, 1 bath apartments. First floor includes a covered porch, spacious eat-in kitchen, living room, bedroom and full bathroom. 2nd floor has an eat-in kitchen w/ brand new refrigerator, access to floored attic, living room, bedroom and computer area. Shared use of basement with Washer/Dryer (included). Separate oil burners and oil tanks. 3 bay garage w/ floored second floor is currently under priced and could easily bring $200 + per month (approx). Extra large, solid stone barn with electricity currently underpriced as well and could easily bring $500 per month (approx). Total potential Gross income could be $24,900! Great location close to Perkasie Borough, great rental history! Buy as an investor or as an owner occupant, live in one apartment and lease the other units. 11/12/14  More Less 

Facts

  • Lot: 0.81 acres
  • Multi Family
  • Built in 1900
  • Views: 4,588 all time views
  • Heating: Baseboard, Other
  • Last sold: Dec 2014 for $219,440
  • Last sale price/sqft: $141

Features

  • Attic
  • Cable Ready
  • Ceiling Fan
  • Flooring: Carpet, Hardwood
  • Lawn
  • Parking: Garage - Detached, 3 spaces
  • Porch
  • Unfinished basement
  • View: Park

Appliances Included

  • Dryer
  • Range / Oven
  • Refrigerator
  • Washer

Construction

  • Exterior material: Vinyl
  • Roof type: Slate
  • Room count: 8
  • Stories: 2
  • Unit count: 2

Other

  • Floor size: 1,552 sqft
  • Heating: Electric, Oil
  • Laundry: In Unit
  • Parcel #: 12014049-001
  • Zillow Home ID: 8996856

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$285,929
+$4,163 Last 30 days
$260K
$317K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$1,710/mo
+$6 Last 30 days
$1.4K
$2.1K
Zestimate range

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Popularity on Zillow

4,588 all-time views
of this home (chart)

Comparable Homes

Homes like this sold for $195-301K.

$170K
$330K

Mortgages

Neighborhood: 18944

Median Zestimate

$285,600

1.2%

1-yr forecast

The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more

Market temp 

Based on three metrics—sale-to-list price ratio, the prevalence of price cuts on home listings, and time-on-market—the market temperature provides information on the current balance of bargaining power between buyers and sellers in this zip code relative to other zip codes in the same metropolitan area. A particular zip code may be identified as a good market for buyers in a metro market favorable to sellers overall. Learn more

Warm
Buyers' Market
Sellers' Market

Foreclosures (per 10K)

2.3 18944
2.3 Perkasie
3.8 United States
Zillow predicts 18944 home values will decrease 0.3% next year, compared to a 0.9% increase for East Rockhill Township as a whole. Among 18944 homes, this home is valued 6.7% more than the midpoint (median) home, but is valued 2.1% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In 18944, the number of foreclosures waiting to be sold is 45.5% greater than in East Rockhill Township, and 39% lower than the national average. This higher local number may prevent 18944 home values from rising as quickly as other regions in East Rockhill Township.

Learn more about forecast calculations or 18944 home values.
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    Nearby Schools in East Rockhill Township

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    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

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