2021 Ader Rd
About This Property
7.331 ACRES TOTAL includes 5.9 ACRES in Penn Twp off Ader Road + 1.4 ACRES in Murrysville.
ALL Public Utilities incl. West Penn/Peoples Gas/MAWC/Sewage in PT Authority/Comcast. READY TO BUILD NOW!
MDR=Mixed Density Residential District Zoning. Rare Find with Endless Opportunities:
Housing Development/ Horses/ Hobbies/ Personal-Professional/ Health/ Medical Care/ Government/ Etc.!
Min.1/4 Acre-Single Family/ ¾ Acre-Duplex/ 1 Acre per Quad/Multi. Detail lists and Utility Maps available.
LOT is 645'x545'+/- IRR, Level to Sloping grounds/ Wooded & Cleared Sections/ Low Traffic/ Quiet Area with Nice Views/ Prime Location near Rt 22 & Mellon Rd. Convenient to EVERYTHING.
MDR provides for a wide variety of housing options in a number of configurations +/or personal/professional services & small–scale mixed-use sites. Lines on Aerial pics are approximated and run next to-not over Technology Lane.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 11, 2024 | Sold | $270,000 | |
| Sold | |||
| Jan 14, 2024 | In contract | - | |
| In contract | |||
| Dec 5, 2023 | Listed by INTEGRITY PLUS REALTY | $298,800 | |
| Listed by INTEGRITY PLUS REALTY | |||
Property Highlights
2021 Ader Rd
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Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
|---|---|---|---|---|---|---|---|---|
|
12/05/2023
| |
1 Bed
|
-
|
-
|
$298,800
1 Bed
-
|
$270,000
-9.64%
03/11/2024
|
-
|
George Kendall
INTEGRITY PLUS REALTY
|
Building Info
About Westmoreland
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INTEGRITY PLUS REALTY
Last Updated: 10 months ago
Data Source: WPMLS , MLS# 1634513
