One-Bedroom Income
14007-A JUSTIN Way, Laurel, MD 20707
For Sale
$205,000
Residential, LAUREL, MD
Property Size851 SF
Price / SF$240.89
Days on Market50
Property Features for 14007-A JUSTIN Way
General Information
Property type
Property subtype
Rooms
Parking
Parking features
Interior features
Fireplace
Appliances
Subdivision
Elementary school district
Middle school district
High school district
Standard status
Size
Taxes and HOA fees
Tax Annual Amount
HOA Fee
Utilities
Cooling system
Amenities
fireplace
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
Samson Properties
(301) 850-0255
Listed By:
Carolina Brador
(240) 505-0158
Added: Sep 20
Changed: Nov 5
Last Checked: Nov 8 at 12:06PM
MLS# MDPG2219928
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 851-square-foot condominium residence includes one bedroom, one bathroom, a flexible den, dining and breakfast areas, and an attached garage with driveway parking. Brand-new flooring and an abundance of natural light enhance the interior, while the fireplace adds a defined gathering feature. The kitchen is equipped with a brand-new stove and refrigerator along with a dishwasher, microwave, icemaker, washer, and dryer.
Built in 1986, the frame residence is served by central air and includes a separate dining room. Its Laurel setting provides access to nearby shops, restaurants, and public transportation, supporting convenient day-to-day living.
Built in 1986, the frame residence is served by central air and includes a separate dining room. Its Laurel setting provides access to nearby shops, restaurants, and public transportation, supporting convenient day-to-day living.
Key Highlights
- 851‑square‑foot one‑bedroom, one‑bath condominium
- Flexible den suited to office, guest, or reading use
- Brand‑new flooring, stove, and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,457
Cap Rate
5.59%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$229,140
$229.1K
Cap Rate 7%
$163,671
$163.7K
Cap Rate 9%
$127,300
$127.3K
Market Conditions
NOI Build-Up for 851 SF
Gross rent
$22.2K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$20.8K $24.48/SF
− OpEx
−$9.4K −$11.01/SF
NOI
$11.5K $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%
$229,140
Cap Rate 7%
$163,671
Cap Rate 9%
$127,300
Alternative Uses
Best Use
Apartment 5plus
$163.7K
$143.2K – $191.0K
NOI $11,457 @ 7.0% cap · market cap 5.59%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$274.5K
$240.2K – $320.3K
NOI $19,217 @ 7.0% cap · market cap 9.37%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,468
Businesses Nearby
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Business Placement
Demographics for 20707, MD
37,702
Population
15,146
Households
2.5
Avg Household Size
37
Median Age
45%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
2,992
Density / Sq Mi
$104,093
Median Household Income
$58,633
Median Earnings
$1,880
Median Rent
$411,200
Median Home Value
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Market
Average Price Trend$/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 - Updated condominium residence with a den, attached garage, fireplace, and convenient access to shopping, dining, and public transportation.
Where is this residential income property located?
The property is located at 14007-A JUSTIN Way Laurel, MD.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 851‑square‑foot one‑bedroom, one‑bath condominium; Flexible den suited to office, guest, or reading use; Brand‑new flooring, stove, and refrigerator
