For SaleRisky Deal3 days on market
2808 Norcom Rd
2808 Norcom Rd, Philadelphia, PA 19154, Philadelphia, PA 19154
$385,000
Estimate®:$387,500$2,500 Under Market
Listing Price
2808 Norcom Rd, Philadelphia, PA 19154
Loc: Philadelphia, PA
Days Listed
3
Tax Assessed
$371k
Estimate®
$388k
1% Under Valued
Lot Size
6,565 sqft
Rent Estimate
$2,507/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
7
Comly Watson School
K-5
1.6 mi away
9
C.C.A. Baldi Middle School
6-8
3.1 mi away
3
Washington George High School
9-12
1.7 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
ranch stylevinyl sidingasphalt shingle roofcozylarge front yardflower bedslandscapedcovered entrancesuburbansingle-storyresidentialwell-maintainedcurb appeal
Haven AI Verdict
Recommendation
Risky
Confidence Score: 1/10
Exercise caution due to potential market volatility.
Cap Rate
4.29%
Total ROI
52.2%
Cash Flow
$-620/mo
DSCR
0.69
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-620/mo net cash flow with a 4.3% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Philadelphia, PA
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for sale | $385,000 | $217 |
| 2021-03-30 | Sold | $290,000 | $163 |
| 2021-01-24 | Pending sale | $290,000 | $163 |
| 2021-01-18 | Listed for sale | $290,000 | $163 |
| 2017-08-18 | Sold | $240,000 | $135 |
| 2017-06-13 | Price change | $240,000 | $135 |
| 2017-06-09 | Listed for sale | $229,900 | $130 |
| 1996-09-16 | Sold | $84,500 | $48 |
| 1995-07-19 | Sold | $56,000 | $32 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $4,689.33 | $335,000 |
| 2024 | $3,885.84 | $277,600 |
| 2023 | $3,885.84 | $277,600 |
| 2022 | $3,209.74 | $0 |
| 2021 | $3,209.74 | $0 |
| 2018 | $3,073.96 | $0 |
| 2017 | $3,073.96 | $0 |
| 2016 | $2,827.6 | $0 |
| 2015 | $2,407.66 | $0 |
| 2014 | $2,407.66 | $202,000 |
| 2012 | $2,304.8 | $25,376 |
| 2011 | $0 | $25,376 |
| 2010 | $0 | $25,376 |
| 2009 | $0 | $25,376 |
| 2008 | $0 | $25,376 |
| 2007 | $0 | $25,376 |
| 2006 | $0 | $23,616 |
| 2005 | $0 | $23,616 |
| 2004 | $0 | $23,616 |
| 2003 | $0 | $21,472 |
| 2002 | $0 | $21,472 |
| 2000 | $0 | $21,472 |
| 1999 | $0 | $21,472 |
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