8 days on rocket

7724 Cedarbrook Ave, Philadelphia, PA, 19150

$199,900

Home List Price

$2,374*

Closing Credit

3 Bedrooms
1 Full Bath, 1 Partial
1,692 SqFt
$118/SqFt
Townhouse

Location

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7724 Cedarbrook Ave, Philadelphia$199,900

Buyer Closing Credits

$2,374*

1.25% Loan Amount

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Property Highlights

Home TypeTownhouse
ParkingBasement Garage, Concrete Driveway, Attached Garage, Driveway
Garage1 space
Year Built1950
HeatingRadiant
CoolingCeiling Fan(s), Window Unit(s)
BasementYes
ViewGarden
MLS #PAPH2414260
Lot Size0.03 Acres
StatusActive
(ACTIVE)

About 7724 Cedarbrook Ave

Investor's Dream: Tenant-Occupied Home in Cedarbrook, Mt. Airy – Prime Location and Strong Cap Rate of 9.7% at the current rental rate! Welcome to 7724 Cedarbrook Ave, a fantastic investment opportunity in the sought-after Cedarbrook section of Mt. Airy. This charming 3-bedroom, 1-bathroom home is perfectly situated on a picturesque tree-lined street, making it an attractive option for both current and future tenants. The property is already Tenant-Occupied, the new owner will benefit from immediate cash flow with reliable tenants already in place, ensuring a consistent rent roll. The property brings in Strong Rental Income, as it has a proven track record of generating solid returns, making it an excellent addition to any investment portfolio. Featuring three well-sized bedrooms and a full bathroom, this home offers ample living space, enhanced by additional usable space in the basement. To top if off, there is private parking and a garage, as your tenant will enjoy the added convenience of a garage, a sought-after feature in urban living that can attract higher-quality tenants. Mt Airy is a prime location and Cedarbrook is known for its friendly community atmosphere, scenic surroundings, and easy access to local parks, schools, and shopping, boosting tenant appeal. With the rising demand for rental properties in this area, there’s significant opportunity for future rent increases and appreciation in value. This property is more than just a house; it's a solid investment with a stable return. Don’t miss the chance to own a piece of Cedarbrook's charm while securing your financial future. Schedule your showing today and explore the possibilities at 7724 Cedarbrook Ave!

Property Details

Property Features

Property Information:

  • Architectural Style: AirLite
  • Year Built: 1950
  • Stories: 3
  • Living Area: 1,692 SqFt

Listing Office:

  • Office Name: CG Realty, LLC
  • Office Phone: (610) 566-5182
  • Listing Agent: Anthony Joseph Krupincza

Interior Features

Interior Information:

  • Basement: Yes
  • Flooring Type: Ceramic Tile, Partially Carpeted
  • Interior: Ceiling Fan(s), Crown Moldings, Dining Area, Floor Plan - Traditional, Formal/Separate Dining Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 1
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Garden
  • Exterior: Awning(s), Exterior Lighting, Flood Lights, Gutter System, Play Area, Sidewalks

Parking Information:

  • Garage Space: 1 space
  • Parking: Basement Garage, Concrete Driveway, Attached Garage, Driveway

Lot Features

Lot Information:

  • Lot: Front Yard, Back Yard
  • Lot Size: 0.03 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: Ceiling Fan(s), Window Unit(s)

School Info

Assigned Schools Information:

  • Promise Academy at Martin Luther King High School, Public District Grades 9-12
  • Samuel W. Pennypacker School, Public District Grades KG-5

Other

Directions Information:

  • Directions: GPS to Cedarbrook and Upsal

Municipality:

  • Philadelphia

Price Information

Listing Price Info

Price Summary:

  • List Price: $199,900
  • Price Per SqFt: $118/SqFt

Tax Information:

  • Annual Amount: $1,571
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Philadelphia, PA.

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Philadelphia, PA

City

Med. Sold Price

$261.8K

Med. Price/SqFt

$199

Avg. Days On Market

44

# of Sold Homes

1056

7724 Cedarbrook Ave vs Philadelphia

8 DAYS ON ROCKET

-36 Days

$199,900

-$61.9K Less

$118/SqFt

-$81 Less

KEY TAKEAWAY

This property is $61.9K less than the Median Sold Price and $81/SqFt less than other homes in Philadelphia, PA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #PAPH2414260

Listing Office:

  • Office Name: CG Realty, LLC
  • Office Phone: (610) 566-5182
  • Listing Agent: Anthony Joseph Krupincza

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 1:20:50 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$1,571 -
2019$1,639$117,100
2018$1,677$119,800
2017$1,677$119,800

History based on county public records data.

Payment Calculator

$1,065

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$666

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1955439
4
/10

  • Samuel W. Pennypacker School

  • 1858 E Washington Ln

  • 0.58 miles

  • Public District Grades KG-5

High School

school-card-donut-1955440
2
/10

  • Promise Academy at Martin Luther King High School

  • 6100 Stenton Ave

  • 1.23 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $63,441. Typical income of Philadelphia, PA residents is between $35k-100k annually. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 7724 Cedarbrook Ave

What is the listing price of this property?

The listing price of 7724 Cedarbrook Ave property is $199,900.

What type of property is this?

The property 7724 Cedarbrook Ave is a townhouse located in Philadelphia, Pennsylvania, 19150.

Is this property for sale now?

Active Listing: 7724 Cedarbrook Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 7724 Cedarbrook Ave are:
Samuel W. Pennypacker School: GreatSchools Rating 4/10
Promise Academy at Martin Luther King High School: GreatSchools Rating 2/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $1,571 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 7724 Cedarbrook Ave has 3 bedrooms and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 7724 Cedarbrook Ave is 1,692 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 7724 Cedarbrook Ave is 1950.

Rocket Homes›Pennsylvania›Philadelphia County›Philadelphia›19150›7724 Cedarbrook Ave

This home is located at 7724 Cedarbrook Ave in Philadelphia, PA and zip code 19150 in the Cedarbrook neighborhood. This 1,692 square foot home, which was built in 1950, sits on a 0.03 acre lot. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since October 27, 2024 and is currently priced at $199,900.

In October 2024 more than 252 listings in Philadelphia, PA were sold above the asking price. During the same period more than 237 listings were sold at asking price, while more than 567 were sold below. The number of listings in Philadelphia, PA increased by 9.8% between September 2024 and October 2024. In October 2024 median list price was $261,807 and the average listing age was 44 days.

From Rocket Homes Real Estate and based on county public records data.

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