Two-Bedroom
For Sale
$187,500
10301 45TH PLACE Unit 101, Beltsville, MD 20705
Condo fees include water, sewer, heat, air conditioning, and electricity.
Property Size844 SF
Price / SF$222.16
Days on Market185
Property Features for 10301 45TH PLACE Unit 101
General Information
Standard status
Active
Size
844 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,671
Amenities
pool
Building Details
Building Size
844 SF
Year Built
1964
Listing Agency:
RE/MAX Advantage Realty
Listed By:
John Crisafulli · License #667889
(410) 980-2218
Source:
Jackrealtygroup
Added: Apr 29
Changed: Oct 27
Last Checked: Oct 26 at 3:38PM
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 RE/MAX Advantage Realty
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Investment Insights
Based on property information with market context.
This 844-square-foot condominium in Beltsville has two bedrooms and one bathroom. Renovations include updated flooring, kitchen finishes, and bathroom fixtures. The heating and cooling system is a hydronic convector system.
Water, sewer, heat, air conditioning, and electricity are included in the condo fees. Residents have access to a private community pool.
Water, sewer, heat, air conditioning, and electricity are included in the condo fees. Residents have access to a private community pool.
Key Highlights
- 844‑square‑foot condominium with two bedrooms and one bathroom
- Renovated kitchen and bathroom, with updated flooring
- Water, sewer, heat, air conditioning, and electricity included in condo fees
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,363
Cap Rate
6.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,260
$227.3K
Cap Rate 7%
$162,329
$162.3K
Cap Rate 9%
$126,256
$126.3K
Market Conditions
NOI Build-Up for 844 SF
Gross rent
$22.0K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$20.7K $24.48/SF
− OpEx
−$9.3K −$11.01/SF
NOI
$11.4K $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%
$227,260
Cap Rate 7%
$162,329
Cap Rate 9%
$126,256
Alternative Uses
Best Use
Apartment 5plus
$162.3K
$142.0K – $189.4K
NOI $11,363 @ 7.0% cap · market cap 6.06%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$272.3K
$238.2K – $317.7K
NOI $19,059 @ 7.0% cap · market cap 10.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,025
Businesses Nearby
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Business Placement
Demographics for 20705, MD
29,456
Population
9,181
Households
3.2
Avg Household Size
36
Median Age
33%
College-Educated
81%
High-School Grad
14.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$106,691
Median Household Income
$45,692
Median Earnings
$1,777
Median Rent
$423,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condo fees include water, sewer, heat, air conditioning, and electricity.
Where is this residential income property located?
The property is located at 10301 45TH PLACE Unit 101 Beltsville, MD.
What is the asking price?
The asking price for this property is $187,500.
What are key features of this property?
This property features: 844‑square‑foot condominium with two bedrooms and one bathroom; Renovated kitchen and bathroom, with updated flooring; Water, sewer, heat, air conditioning, and electricity included in condo fees
