One-Bedroom
For Sale
$125,900
1828 METZEROTT ROAD Unit 204, Hyattsville, MD 20783
Residents have elevator access and a designated parking space, with a balcony off the living area.
Property Size610 SF
Price / SF$206.39
Days on Market86
Property Features for 1828 METZEROTT ROAD Unit 204
General Information
Standard status
Active
Size
610 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$1,308
Amenities
balcony
Building Details
Building Size
610 SF
Year Built
1964
Listing Agency:
Capital Reality Group LLC
Listed By:
Melville Patrick Peters · License #661272
(301) 704-3522
Source:
Jackrealtygroup
Added: Aug 4
Changed: Oct 27
Last Checked: Oct 26 at 3:55PM
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 Capital Reality Group LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 610-square-foot condominium contains one bedroom and one bathroom. Interior work includes replacement wall-to-wall carpet, updated kitchen finishes, fresh paint, and an improved sliding door leading to the balcony. The building has elevator access, and the unit includes a reserved parking space. Built in 1964, the property is in Presidential Park in Hyattsville, Maryland.
Key Highlights
- 610‑square‑foot condominium with one bedroom and one bathroom
- Balcony access through an upgraded sliding door
- Reserved parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,212
Cap Rate
6.52%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,240
$164.2K
Cap Rate 7%
$117,314
$117.3K
Cap Rate 9%
$91,244
$91.2K
Market Conditions
NOI Build-Up for 610 SF
Gross rent
$15.9K $26.04/SF
− Vacancy
−$953 −$1.56/SF
EGI
$14.9K $24.48/SF
− OpEx
−$6.7K −$11.01/SF
NOI
$8.2K $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%
$164,240
Cap Rate 7%
$117,314
Cap Rate 9%
$91,244
Alternative Uses
Best Use
Apartment 5plus
$117.3K
$102.7K – $136.9K
NOI $8,212 @ 7.0% cap · market cap 6.52%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$196.8K
$172.2K – $229.6K
NOI $13,775 @ 7.0% cap · market cap 10.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
409
Businesses Nearby
Explore this area
Business Placement
Demographics for 20783, MD
48,946
Population
14,389
Households
3.4
Avg Household Size
32
Median Age
19%
College-Educated
56%
High-School Grad
5.8 sq mi
ZIP Area
8,439
Density / Sq Mi
$87,052
Median Household Income
$36,201
Median Earnings
$1,701
Median Rent
$400,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Residents have elevator access and a designated parking space, with a balcony off the living area.
Where is this residential income property located?
The property is located at 1828 METZEROTT ROAD Unit 204 Hyattsville, MD.
What is the asking price?
The asking price for this property is $125,900.
What are key features of this property?
This property features: 610‑square‑foot condominium with one bedroom and one bathroom; Balcony access through an upgraded sliding door; Reserved parking space
