Residential Income Property with
13560 LORD STERLING PLACE Unit 9-4, Upper Marlboro, MD 20772
For Sale
$189,900
The condo includes an open floor plan, kitchen appliances, and a fireplace.
Property Size894 SF
Days on Market164
Property Features for 13560 LORD STERLING PLACE Unit 9-4
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Weichert, REALTORS
Listed By:
Patrick Kennedy Odidika · License #580916
(571) 436-7971
Source:
Bradkappel
Added: May 30
Changed: Nov 8
Last Checked: Nov 8 at 5:15PM
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 Weichert, REALTORS
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Investment Insights
Based on property information with market context.
Located in Upper Marlboro, this condo was built in 1990 and features an open layout, kitchen appliances, and a fireplace. The home also has large bedrooms and updated lighting and flooring.
Key Highlights
- Condo property built in 1990
- Fireplace in the living area
- Open floor plan with kitchen appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,036
Cap Rate
6.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,720
$240.7K
Cap Rate 7%
$171,943
$171.9K
Cap Rate 9%
$133,733
$133.7K
Market Conditions
NOI Build-Up for 894 SF
Gross rent
$23.3K $26.04/SF
− Vacancy
−$1.4K −$1.56/SF
EGI
$21.9K $24.48/SF
− OpEx
−$9.8K −$11.01/SF
NOI
$12.0K $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%
$240,720
Cap Rate 7%
$171,943
Cap Rate 9%
$133,733
Alternative Uses
Best Use
Apartment 5plus
$171.9K
$150.5K – $200.6K
NOI $12,036 @ 7.0% cap · market cap 6.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$288.4K
$252.4K – $336.5K
NOI $20,188 @ 7.0% cap · market cap 10.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
121
Businesses Nearby
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Business Placement
Demographics for 20772, MD
51,395
Population
19,658
Households
2.6
Avg Household Size
41
Median Age
46%
College-Educated
94%
High-School Grad
72.5 sq mi
ZIP Area
709
Density / Sq Mi
$135,576
Median Household Income
$74,434
Median Earnings
$2,045
Median Rent
$443,500
Median Home Value
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Market
Average Price Trend$/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 - The condo includes an open floor plan, kitchen appliances, and a fireplace.
Where is this residential income property located?
The property is located at 13560 LORD STERLING PLACE Unit 9-4 Upper Marlboro, MD.
What is the asking price?
The asking price for this property is $189,900.
What are key features of this property?
This property features: Condo property built in 1990; Fireplace in the living area; Open floor plan with kitchen appliances
