$599,999
4 bd|3.5 ba|4,241 sqft
322 Silo Mill Ln, Lansdale, PA 19446
Listed by BHHS Fox & Roach-Blue Bell
Under Contract1 of 30
Listing description
Attention Investors: Welcome to 389 E. Hector Street, a Villanova University–approved student rental located in Conshohocken Borough. This six-bedroom, three-bath, three-story, 3,300 sqft property has undergone significant renovations, including a newly renovated first floor, new kitchen with quartz countertops, and SS appliances, making it a true turnkey investment. The property was previously rented to college students for $5,000 per month prior to renovations. Based on current market conditions, projected rents range from $5,700 to $6,500 per month. With six bedrooms, three full baths, minimal expenses, and property taxes under $4,000, the numbers are extremely compelling. This is a rare, student-approved rental permit in a market where no new Villanova student rental licenses are being issued, making the permit itself highly valuable. A true investor’s dream—turnkey, low-maintenance, strong cash flow, and easily a 9+ Cap
Facts & features
Interior
- Bedrooms
- 6
- Bathrooms
- 3 full
- Living area
- 3,321 sq ft
- Heating
- Forced Air, Baseboard - Electric
- Cooling
- None
Property & construction
- Property type
- Residential · End of Row/Townhouse
- Architectural style
- Transitional
- Year built
- 1890
Lot & parking
- Lot size
- 0.05 acres (2,250 sq ft)
Financial
- Price / sq ft
- $181
- HOA dues
- None
Listing details
- MLS #
- PAMC2169070
- County
- Montgomery County
- School district
- Colonial
- Days on market
- 124 days
Price history
| Date | Event | Price |
|---|---|---|
| Mar 2, 2026 | Listed for sale | $599,900 |
Price changes are tracked from when NookLocal first indexed this listing; earlier history may not appear. Tax & assessment details are in the section below.
The NookLocal estimate
Estimated value
$603,519
$573,343$633,695
Automated estimate, not an appraisal.
About this estimate
Based on 10 comparable sales nearby, the Montgomery County assessment ratio, weighted toward the current asking price.
- Current list price
- $599,900
- County assessment implies
- $353,544
- Est. property taxes at today's rates
- $3,529/yr
Comparable Sales
| Address | Closed | Sale price | Bd/Ba | Sqft | Adjusted value |
|---|---|---|---|---|---|
| 2133 JULIA DR, CONSHOHOCKEN, PA 19428 | May 2026 | $805,000 | 4/3 | 3,072 | $785,494 |
| 405 W ELM ST, CONSHOHOCKEN, PA 19428 | February 2025 | $630,000 | 4/4 | 2,934 | $653,325 |
| 407 W ELM ST, CONSHOHOCKEN, PA 19428 | August 2024 | $670,000 | 4/4 | 2,994 | $668,890 |
| 208 CLUBHOUSE CT, CONSHOHOCKEN, PA 19428 | June 2026 | $585,000 | 4/3 | 2,888 | $611,819 |
| 220 WOOD ST, CONSHOHOCKEN, PA 19428 | October 2025 | $660,000 | 3/3 | 2,036 | $959,891 |
| 222 TESSA LN, CONSHOHOCKEN, PA 19428 | September 2025 | $685,000 | 3/3 | 2,036 | $989,755 |
Estimated taxes
Estimated at current rates
$4,018 / year
≈ $335 per month
MLS shows (2025)
$3,941
+1.9% at current rates
School tax
COLONIAL · 26.50 mills (2025-26)
$2,881
County tax
Montgomery County · 5.95 mills (2026)
$647
Municipal tax
As recorded for 2025 — varies by municipality
$489
Assessment note: this home is assessed at $108,750 — well below the ~$184,529 its asking price implies at Montgomery County's common level ratio (30.8%). A sale near asking can invite a school-district assessment appeal that could raise the bill by roughly $2,459/year. Worth pricing in.
Recomputed from the county assessment ($108,750, 1996 base year) × current millage — portals typically reprint the recorded 2025 bill. Pennsylvania does not reassess on sale. Estimate only — verify with Montgomery County before relying on it. Learn more: PA property tax calculator · Common Level Ratio by county.
Estimated monthly payment calculator
$119,980 (20%)
6.75%
Loan term
Estimated monthly payment
$3,623/mo
- Principal & interest
- $3,113
- Property taxes (current rates)
- $335
- Home insurance (est.)
- $175
Taxes use NookLocal's estimate at current millage rates, not the stale figure on the MLS. Estimate only; verify before relying on it.
Area statistics
School district
Colonial
- Academic index
- 79/100
- Graduation rate
- 97.3%
- PSSA ELA proficient
- 68.2%
2025 PA state assessments (PSSA / Keystone) and graduation data. Districts serve all residents; verify enrollment boundaries with the district.
Safety data
Montgomery Countycrime & safety numbers →
FBI and Pennsylvania source data, presented without spin.
Property taxes
Montgomery County taxes, explained →
Millage, the Common Level Ratio, and what changes after you buy.
Map location
Open in Google Maps© BRIGHT, All Rights Reserved
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 United Real Estate Strive 212 participates, and is provided by BRIGHT through a licensing agreement.
IDX listings are displayed pursuant to broker of record United Real Estate Strive 212 — Frank Ramos, Broker/Owner, PA Broker License RM424345, 1220 Broadcasting Rd, Suite 201, Wyomissing, PA 19610, (610) 372-0212.
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 Closed or are no longer being offered for sale.
Data last updated: July 4, 2026 at 8:28 AM EDT
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