One-Bedroom
For Sale
$140,000
10131 PRINCE PLACE Unit 301-12B, Upper Marlboro, MD 20774
A separate sink area and private balcony add useful features to this one-bedroom residence.
Property Size787 SF
Price / SF$177.89
Days on Market57
Property Features for 10131 PRINCE PLACE Unit 301-12B
General Information
Standard status
Active
Size
787 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,556
Amenities
balcony
Building Details
Building Size
787 SF
Year Built
1977
Listing Agency:
Avalar Realty LLC
Listed By:
Labi Koi-Larbi · License #88519
(202) 361-2154
Source:
Districtpropertygroup
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 27 at 3:13AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Avalar Realty LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 787-square-foot condominium has one bedroom, one bathroom, and an additional sink area outside the main bathroom. A balcony extends the living space. The unit was freshly painted, its carpet was cleaned, and its stainless-steel appliances are less than five years old. The building dates to 1977.
Shopping and a community college are among the nearby destinations identified for the property.
Shopping and a community college are among the nearby destinations identified for the property.
Key Highlights
- 787‑square‑foot condominium with one bedroom and one bathroom
- Separate sink area outside the main bathroom
- Balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,595
Cap Rate
7.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,900
$211.9K
Cap Rate 7%
$151,357
$151.4K
Cap Rate 9%
$117,722
$117.7K
Market Conditions
NOI Build-Up for 787 SF
Gross rent
$20.5K $26.04/SF
− Vacancy
−$1.2K −$1.56/SF
EGI
$19.3K $24.48/SF
− OpEx
−$8.7K −$11.01/SF
NOI
$10.6K $13.46/SF
Area
Prince George's County, MD
Vacancy
6.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,900
Cap Rate 7%
$151,357
Cap Rate 9%
$117,722
Alternative Uses
Best Use
Apartment 5plus
$151.4K
$132.4K – $176.6K
NOI $10,595 @ 7.0% cap · market cap 7.57%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$253.9K
$222.2K – $296.2K
NOI $17,772 @ 7.0% cap · market cap 12.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
489
Businesses Nearby
Explore this area
Business Placement
Demographics for 20774, MD
51,984
Population
21,747
Households
2.4
Avg Household Size
42
Median Age
46%
College-Educated
96%
High-School Grad
34.9 sq mi
ZIP Area
1,490
Density / Sq Mi
$128,392
Median Household Income
$67,098
Median Earnings
$2,213
Median Rent
$439,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A separate sink area and private balcony add useful features to this one-bedroom residence.
Where is this residential income property located?
The property is located at 10131 PRINCE PLACE Unit 301-12B Upper Marlboro, MD.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 787‑square‑foot condominium with one bedroom and one bathroom; Separate sink area outside the main bathroom; Balcony
