Colonial Home Lot with 5
For Sale
$595,000
15204 DERBYSHIRE Way, Accokeek, MD 20607
Residential, ACCOKEEK, MD
Property Size2,920 SF
Lot Size0.26 Acres
Price / SF$203.77
Days on Market92
Property Features for 15204 DERBYSHIRE Way
General Information
Property type
Land
Property subtype
Other
Rooms
Basement
Parking
2
Parking features
Driveway, On Street, Garage - Attached
Fireplace
1
Subdivision
HORIZON HILLS
Elementary school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Middle school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
High school district
PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS
Standard status
Active
Size
2,920 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
7013
HOA Fee
$109 Quarterly
Utilities
Heating system
Hot Water(Heating), Central
Cooling system
Central Air
Building Details
Year built
2002
Floors in Building
3
Building materials
Frame
Architectural style
Colonial
Listing Agency:
Samson Properties
(703) 378-8810
Listed By:
DaJuan Pitts
(301) 455-9426
Added: Jun 6
Changed: Sep 5
Last Checked: Sep 5 at 3:06PM
MLS# MDPG2203800
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.
Investment Insights
Based on property information with market context.
Residential home lot for sale featuring a three-level Colonial with approximately 2,920 square feet of living space. The layout includes 5 bedrooms and 3.5 bathrooms, with an upper level that offers spacious bedrooms and a primary suite with a private bath. A finished lower level provides additional flexible living space that can support uses such as a recreation, media, fitness, or guest retreat.
Set on a 0.26-acre lot in Accokeek, Maryland, the property is described as offering convenient access to shopping, dining, parks, and major commuter routes while remaining within a residential neighborhood setting.
Offered for sale as a Colonial home lot, the property’s configuration is well-suited for households seeking multiple finished levels and several bedroom options within one home.
Set on a 0.26-acre lot in Accokeek, Maryland, the property is described as offering convenient access to shopping, dining, parks, and major commuter routes while remaining within a residential neighborhood setting.
Offered for sale as a Colonial home lot, the property’s configuration is well-suited for households seeking multiple finished levels and several bedroom options within one home.
Key Highlights
- Colonial home built in 2002 with approx. 2,920 SF of living space on a 0.26‑acre lot
- 5 bedrooms and 3.5 bathrooms with three levels of finished space
- Finished lower level with basement offering additional living space for recreation, media, fitness, or guest use
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,311
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$786,220
$786.2K
Cap Rate 7%
$561,586
$561.6K
Cap Rate 9%
$436,789
$436.8K
Market Conditions
NOI Build-Up for 2,920 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$76.0K $26.04/SF
− Vacancy
−$4.6K −$1.56/SF
EGI
$71.5K $24.48/SF
− OpEx
−$32.2K −$11.01/SF
NOI
$39.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$786,220
Cap Rate 7%
$561,586
Cap Rate 9%
$436,789
Alternative Uses
Best Use
Apartment 5plus
$561.6K
$491.4K – $655.2K
NOI $39,311 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$942.0K
$824.2K – $1.10M
NOI $65,939 @ 7.0% cap · market cap 11.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
56
Businesses Nearby
Explore this area
Business Placement
Demographics for 20607, MD
12,762
Population
4,264
Households
3
Avg Household Size
43
Median Age
44%
College-Educated
95%
High-School Grad
19.6 sq mi
ZIP Area
651
Density / Sq Mi
$147,647
Median Household Income
$67,582
Median Earnings
$3,066
Median Rent
$522,900
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Single family property - Residential home lot with a three-level Colonial featuring 5 bedrooms, 3.5 baths, and a 0.26-acre lot.
Where is this single family property located?
The property is located at 15204 DERBYSHIRE Way Accokeek, MD.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Colonial home built in 2002 with approx. 2,920 SF of living space on a 0.26‑acre lot; 5 bedrooms and 3.5 bathrooms with three levels of finished space; Finished lower level with basement offering additional living space for recreation, media, fitness, or guest use
