1838 Shallcross Ave · Folcroft, PA 19032

$199,900

3 bd · 1.0 ba · 1,200 sqft · Townhouse public records · 23 Days on market

Built 1925 Est $242k · 18% under

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Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• ARV discount +15.0/15.0
• Cash flow +14.9/30.0
• 1% rule +5.1/10.0
• DSCR +4.6/10.0
• Livability +3.9/5.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Schools +2.0/10.0
• Appreciation +0.0/10.0

Listing remarks

Handyman Special! Instant Equity To Be Earned! Welcome to 1838 Shallcross Avenue located in the highly desirable Folcroft Borough neighborhood. This twin home offers incredible potential and is perfect for investors or savvy buyers looking to build instant equity. The main level features a welcoming living room, spacious dining room, half bathroom, and nicely sized kitchen with dinette area. The second floor offers three generously sized bedrooms and one full bathroom. The large full basement provides endless possibilities for additional living space or storage. Outside, enjoy the large backyard, private deck, storage shed, and nicely sized driveway. Home is being sold in as-is condition, w

Key facts

• Built 1925
• Listed 22 days

Property features AI

Exterior

• Parking: Driveway
• Utilities: Public water; Public sewer
• Home design: Semi-detached property; Ownership: Fee simple; Above-grade finished area reported as 1,200 (assessor)
• Construction: Concrete perimeter foundation; Other structures above and below grade
• Exterior features: Lot dimensions approximately 24.00 x 116.00; No tidal water

Interior

• Bedrooms: Three bedrooms on the upper level
• Bathrooms: One full bathroom on the upper level; One half bathroom on the main level; Total: one full bathroom and one half bathroom
• Heating & cooling: Heating: Other; Cooling: Other; Hot water: Other
• Interior features: Basement with interior access; Living area reported by assessor

What this means for you Summary

Snapshot

• This is a 3-bed/1.0-bath townhouse listed at $200k.

Deal economics

• At list price, monthly cash flow is $58 ($700/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $200k).
• Recommended offer: $197k (1.5% below list) — sets the bar for market timing.

Location & tenants

• Location reads 77/100 on livability (#342 in PA, #2,995 nationally) — a middle-class / working-renter tenant base. Strengths: cost of living A+, housing A+, commute A-; Watch: schools D+, crime F, amenities F.
• Southeast Delco SD (suburban): math 13% / reading 33% proficiency, ranked #478 of 539 in PA (top 89%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 63% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 18 active listings in the ZIP; 35 comparable units currently listed for rent nearby; rentals at typical pace (median 24d on market — plan ~3-4 weeks tenant-placement turnaround); 299 units permitted in Delaware County in 2024 (5 in 5+ unit buildings).
• This rent runs 40% of the median local income ($61k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $6k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 23 days — a 2% lower offer ($197k) is reasonable based on typical stale-listing flexibility.
• Current owner paid $155k; 29% above their basis — modest negotiation headroom, anchor on the comps not their cost.

Risks & watch-outs

• Watch-outs: built in 1925 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: major wind risk, 27% chance of damaging wind over 30y; extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $196,901 (1.5% below list)

Questions for the listing agent

1. Built in 1925 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
2. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
3. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
4. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
5. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
6. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
7. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.01% ✓
• Cap rate: 6.64%
• Cash-on-cash: 1.25%
• DSCR: 1.06
• GRM: 8.2

CMA / ARV

• ARV (on-the-fly): $242,400
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
102 Rambler Rd	0.38mi	3/1.0	1,316 (+10%)	1mo	$299,000	$227	66
2313 Delmar Dr	0.57mi	3/1.5	1,152 (-4%)	2mo	$230,000	$200	64
5 S Wells Ave	0.70mi	3/1.5	1,210 (+1%)	2mo	$245,000	$202	63
753 Bennington Rd	0.48mi	3/1.0	1,088 (-9%)	2mo	$213,000	$196	60
765 Bennington Rd	0.50mi	3/1.5	1,088 (-9%)	1mo	$220,000	$202	59
929 Delview Dr	0.57mi	3/1.0	1,088 (-9%)	2mo	$145,000	$133	56
401 Custer Ave	0.72mi	3/1.0	1,255 (+5%)	3mo	$290,000	$231	56
1196 Taylor Dr	0.71mi	3/2.0	1,152 (-4%)	3mo	$265,000	$230	54
948 Grant Rd	0.60mi	3/1.5	1,088 (-9%)	2mo	$215,000	$198	52
1087 Taylor Dr	0.74mi	3/1.5	1,120 (-7%)	3mo	$255,000	$228	50
317 N Llanwellyn Ave	0.63mi	3/1.5	1,322 (+10%)	3mo	$206,500	$156	49
1301 Burton Ave	0.73mi	3/1.0	1,330 (+11%)	2mo	$199,000	$150	46

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: -14.2%
• Equity multiple: 0.49×
• Total profit: $-28,548
• Equity at exit: $29,806

10-year hold

• IRR: -5.3%
• Equity multiple: 0.65×
• Total profit: $-19,553
• Equity at exit: $17,284

Cash invested: $55,972 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 62 Landlord-Friendly
• State Pennsylvania: 62 Landlord-Friendly · EVEN
• County: — inherits STATE
• City: — inherits STATE

10-day notice; Philadelphia has eviction-court diversion + some protections; otherwise moderate.

Methodology + full state rankings →

ZIP-level market 19032

• Home prices YoY: -17.7%
• Active inventory: 18
• Price-to-rent: 8.2×

Monthly cashflow live

• Estimated rent: $2,024 high
• Mortgage (P&I): −$1,048
• Tax from tax record: −$409 /mo · $4,903/yr
• Insurance: −$83
• HOA: −$0
• Vacancy / Maint / Mgmt: −$425
• Net cashflow: $58

Break-even live

Break-even rent $1,950

Max offer price $199,900

Occupancy floor 92%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $49,975
• Closing costs: $5,997
• Reserves months: —
• Total cash needed: —

Rent comps 35 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
145 Isabel Ave Unit 145B Glenolden, PA	2.0	1.0	890	$1,525	$1.71	43d	1	0.27mi
29 Logan Ave Unit 11 Glenolden, PA	2.0	1.0	850	$1,350	$1.59	24d	1	0.35mi
100 E Glenolden Ave Glenolden, PA	1.0–4.0	1.0–2.0	920	$2,167	$2.36	1d	4	0.41mi
804 Grant Rd Folcroft, PA	3.0	1.0	1088	$2,050	$1.88	43d	1	0.45mi
1512 Elmwood Ave Folcroft, PA	2.0	1.0	850	$1,499	$1.76	24d	1	0.47mi
1511 Elmwood Ave Folcroft, PA	1.0–3.0	1.0	725	$1,649	$2.27	23d	3	0.47mi
1513 Elmwood Ave Unit 5 Folcroft, PA	3.0	1.0	850	$1,799	$2.12	43d	1	0.47mi
1513 Elmwood Ave Unit 4 Folcroft, PA	3.0	1.0	1025	$1,699	$1.66	24d	1	0.47mi
1505 Elmwood Ave Unit 5 Folcroft, PA	2.0	1.0	850	$1,499	$1.76	24d	1	0.48mi
1503 Elmwood Ave Folcroft, PA	3.0	1.0	1025	$1,699	$1.66	24d	1	0.49mi
1503 Elmwood Ave Folcroft, PA	3.0	1.0	850	$1,799	$2.12	43d	1	0.49mi
132 Folcroft Ave Folcroft, PA	2.0	1.0	725	$1,679	$2.32	2d	3	0.53mi
777 Bennington Rd Folcroft, PA	4.0	1.5	1488	$2,800	$1.88	43d	1	0.55mi
350 S Scott Ave Unit 1 Glenolden, PA	2.0	1.0	715	$1,700	$2.38	24d	1	0.56mi
432 S Chester Pike Glenolden, PA	2.0	1.0	792	$1,325	$1.67	44d	1	0.56mi
820 Greenhill Rd Sharon Hill, PA	4.0	2.0	1184	$2,600	$2.20	5d	1	0.64mi
2001 Carter Rd Folcroft, PA	3.0	1.0	1224	$2,150	$1.76	43d	1	0.65mi
66 Folcroft Ave Folcroft, PA	3.0	1.0	1224	$1,895	$1.55	3d	1	0.68mi
1053 Taylor Dr Folcroft, PA	3.0	1.5	1120	$2,000	$1.79	14d	1	0.82mi
1019 Taylor Dr Folcroft, PA	3.0	1.5	1152	$2,040	$1.77	2d	1	0.86mi
1519 Roosevelt Dr Sharon Hill, PA	3.0	1.5	1260	$2,295	$1.82	43d	1	0.90mi
1074 N Academy Ave Glenolden, PA	3.0	1.0	1152	$1,850	$1.61	5d	1	0.93mi
112 Juliana Ter Darby, PA	3.0	1.0	1020	$2,350	$2.30	44d	1	1.20mi
112 Juliana Ter Darby, PA	3.0	1.0	1020	$2,450	$2.40	24d	1	1.20mi
118 Felton Ave Darby, PA	3.0	1.0	1152	$1,750	$1.52	21d	1	1.24mi
201 Westbridge Rd Glenolden, PA	3.0	1.5	1224	$2,350	$1.92	24d	1	1.25mi
1201 Bartram Ave Darby, PA	2.0	1.0	700	$1,350	$1.93	10d	1	1.28mi
925 Maple Ave Glenolden, PA	3.0	2.0	1152	$2,800	$2.43	21d	1	1.36mi
306 Pine St Glenolden, PA	3.0	2.0	1120	$2,400	$2.14	4d	1	1.38mi
304 Pine St Glenolden, PA	3.0	2.0	1120	$2,400	$2.14	43d	1	1.39mi
902 Maple Ave Glenolden, PA	3.0	1.0	1152	$1,745	$1.51	43d	1	1.39mi
640 South Ave Secane, PA	1.0–2.0	1.0–1.5	742	$1,600	$2.16	12d	5	1.43mi
701 Lincoln Ave Prospect Park, PA	1.0–2.0	1.0	762	$1,425	$1.87	21d	3	1.47mi
601 Poplar St Sharon Hill, PA	1.0–2.0	1.0	787	$1,599	$2.03	14d	5	1.48mi
100 S Oak Ave Glenolden, PA	1.0–2.0	1.0–2.0	830	$1,500	$1.81	23d	3	1.49mi

Listing history 20 events

1. 2026-06-18
   days on market $199,900 Active 23 DOM
2. 2026-06-17
   days on market $199,900 Active 22 DOM
3. 2026-06-16
   days on market $199,900 Active 21 DOM
4. 2026-06-15
   pricedays on market $199,900 Active 20 DOM
5. 2026-06-13
   days on market $205,000 Active 18 DOM
6. 2026-06-13
   days on market $205,000 Active 17 DOM
7. 2026-06-09
   days on market $205,000 Active 14 DOM
8. 2026-06-08
   days on market $205,000 Active 13 DOM
9. 2026-06-07
   days on market $205,000 Active 12 DOM
10. 2026-06-04
    days on market $205,000 Active 9 DOM
11. 2026-06-03
    days on market $205,000 Active 8 DOM
12. 2026-06-02
    days on market $205,000 Active 7 DOM
13. 2026-06-01
    days on market $205,000 Active 6 DOM
14. 2026-05-31
    days on market $205,000 Active 5 DOM
15. 2026-05-17
    historical $205,000
16. 2026-04-14
    soldstatus $155,000
17. 2008-09-25
    historical
18. 2007-09-26
    listed $149,900
19. 1990-09-17
    soldstatus $93,900
20. 1989-12-29
    soldstatus $35,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast PA · Partial reset (capped growth)

• Current annual tax: $4,903 · $409/mo
• Projected year-2 tax: $4,903 · $409/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 6/10 Major 7 d/yr ≥103°F today · 15 d/yr by 30 yrs out
• 💨 Wind 6/10 Major 27% chance of damaging wind over 30 yrs
• 🫁 Air quality 4/10 Moderate 3 unhealthy d/yr today · 6 by 30 yrs out

Taxation est. · year 1

• Rental income: $24,282
• − Mortgage interest: −$11,198
• − Property taxes: −$4,903
• − Insurance: −$1,000
• − Repairs & maintenance: −$1,943
• − Management: −$1,943
• − Depreciation: −$5,815
• Taxable loss: −$2,519
• Est. tax savings @ 24.0%: +$605
• After-tax cash flow: $1,305/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Southeast Delco SD
• NCES district ID: 4222400
• Math proficiency: 13% ▼ -8.00%
• Reading proficiency: 33% ▼ -9.00%
• Median HH income: $49,309
• Composite: 20.25/100
• National rank: #8623
• State rank: #478 of 539 in PA

Livability — Folcroft

• Score: 77/100
• State rank: #342
• US rank: #2995

Category grades

Amenities F Commute A- Cost of living A+ Crime F Employment C Housing A+ Health & safety B+ User ratings A+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Folcroft, PA
• County: Delaware County · 399,863 people
• City population: 6,772
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• Population (ZIP): 6,772
• Household income: $61,306
• Rent vs Own: 32.4% rent · 67.6% own
• Severe rent burden: 254.0

Population outlook (Delaware County) Hauer SSP2

• Today (2025): 577,490 people
• By 2030: 581,243 · +0.6%
• By 2040: 584,700 · +1.2%
• By 2050: 586,581 · +1.6%
• By 2075: 598,706 · +3.7%
• By 2100: 590,823 · +2.3%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.65)
• Race & ethnicity: Black 43% White 41% Hispanic / Latino 7% Two or more races 7% Asian 3%
• Hispanic origin (detail): Mexican 2% Puerto Rican 3%
• Common ancestry: Romanian 5% Lithuanian 2% Portuguese 2%
• Foreign-born: 14% · Canada, United Kingdom, Jamaica
• Languages at home: 79% English-only · Spanish 6% French/Haitian/Cajun 5% Other Indo-European 2%

Political lean MEDSL · Delaware

• 2024 margin: Strong D (+23.7) · D 61.4% · R 37.6% · Other 1.0%
• 2008→2024 swing: +2.3pp toward D · 2008: 21.4pp · 2024: 23.7pp
• All cycles: 2024: D+23.7 2020: D+26.7 2016: D+22.0 2012: D+21.8 2008: D+21.4

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -61.37%
• Current HPI: 284.5507
• Rent YoY: —
• Metro: Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
• State GDP YoY: ▲ 1.68%
• F500 in state: 34

Industry mix (Fortune 500 HQ in PA)

Industry	F500 HQs	Revenue
▸Healthcare	2	$309B
▸Insurance	2	$27B
▸Telecommunications / Media	1	$124B
▸Industrial Distribution	1	$22B
▸Financial Services	1	$20B
▸Chemicals / Materials	1	$18B

Price history

+485.7% since first listed

6 events — show timeline

• 2026-05-17 Coming Soon $205,000 BRIGHT MLS
• 2026-04-14 Sold (Public Records) $155,000 Public Records
• 2008-09-25 Listing Removed — BRIGHT MLS
• 2007-09-26 Listed $149,900 BRIGHT MLS
• 1990-09-17 Sold (Public Records) $93,900 Public Records
• 1989-12-29 Sold (Public Records) $35,000 Public Records

Property tax history

+4.2%/yr

Latest (2026): $4,903 · +34.0% YoY. Source: county tax records.