Residential Income Property with
10133 PRINCE PLACE Unit 302-12C, Upper Marlboro, MD 20774
For Sale
$124,990
A gated-community residence features hardwood flooring, a brick accent wall, and a private outdoor space.
Property Size787 SF
Days on Market22
Property Features for 10133 PRINCE PLACE Unit 302-12C
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Public Transit
Utilities to Site
Additional Details
Furnished
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
gated community
hardwood floors
brick accent wall
private balcony
updated bathroom
separate powder area
lawn care
common area maintenance
trash service
snow removal
Building Details
Building Size
Year Built
Listing Agency:
NextHome Leaders
Listed By:
Amber L Gross · License #644080
(410) 365-6184
Source:
Bradkappel
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 4:27PM
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 NextHome Leaders
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Investment Insights
Based on property information with market context.
This residential income property is a condominium residence in a gated community. Interior features include hardwood floors, a brick accent wall, natural light, and a private balcony. The bathroom has been updated and includes a separate powder area with a sink. The property was built in 1977 and is being sold as-is.
The monthly condo fee includes water, electricity, lawn care, maintenance of common areas, trash service, and snow removal. Parking includes one assigned space and one visitor pass. Nearby destinations named include Prince George’s Community College, Largo Metro, UM Capital Region Medical Center, and Northwest Stadium; access to the Capital Beltway is also noted.
The monthly condo fee includes water, electricity, lawn care, maintenance of common areas, trash service, and snow removal. Parking includes one assigned space and one visitor pass. Nearby destinations named include Prince George’s Community College, Largo Metro, UM Capital Region Medical Center, and Northwest Stadium; access to the Capital Beltway is also noted.
Key Highlights
- Gated community residence with a private balcony
- Hardwood floors and a brick accent wall
- Updated bathroom with separate powder area and sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,595
Cap Rate
8.48%
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 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$253.9K
$222.2K – $296.2K
NOI $17,772 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
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
$439,500
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Prince George's County, MD
Properties on Market for Residential income properties in Prince George's County
Frequently Asked Questions
What type of property is this?
Residential income property - A gated-community residence features hardwood flooring, a brick accent wall, and a private outdoor space.
Where is this residential income property located?
The property is located at 10133 PRINCE PLACE Unit 302-12C Upper Marlboro, MD.
What is the asking price?
The asking price for this property is $124,990.
What are key features of this property?
This property features: Gated community residence with a private balcony; Hardwood floors and a brick accent wall; Updated bathroom with separate powder area and sink
