Residential Income Property with
For Sale
$109,900
1830 METZEROTT ROAD Unit 103, Hyattsville, MD 20783
The unit combines a granite-counter kitchen and pantry with interior storage and laminate flooring.
Property Size610 SF
Price / SF$180.16
Days on Market192
Property Features for 1830 METZEROTT ROAD Unit 103
General Information
Standard status
Active
Size
610 SF
Property subtype
Unit/Flat/Apartment
Additional Details
HOA Fee
$496
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,308
Building Details
Building Size
610 SF
Year Built
1964
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Apr 20
Changed: Oct 26
Last Checked: Oct 26 at 3:21PM
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 Jack Realty Group
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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 residential unit includes a kitchen with granite countertops, ceramic tile flooring, and a pantry. Laminate flooring continues through the living areas, while ceramic tile finishes the bathroom. Storage includes a linen closet and a bedroom closet fitted with organizers. A large balcony extends the living space outdoors.
The property was built in 1964. American Community Management currently manages the condominium; Metropolis Condominium Management Inc. is slated to take over, with the monthly condo fee set to increase by 5%. Pets currently have no restrictions, though registration may be required in the future.
The property was built in 1964. American Community Management currently manages the condominium; Metropolis Condominium Management Inc. is slated to take over, with the monthly condo fee set to increase by 5%. Pets currently have no restrictions, though registration may be required in the future.
Key Highlights
- Large balcony
- Granite kitchen countertops, pantry, and ceramic tile flooring
- Laminate floors in living areas; ceramic tile in bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,212
Cap Rate
7.47%
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 7.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$196.8K
$172.2K – $229.6K
NOI $13,775 @ 7.0% cap · market cap 12.53%
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 - The unit combines a granite-counter kitchen and pantry with interior storage and laminate flooring.
Where is this residential income property located?
The property is located at 1830 METZEROTT ROAD Unit 103 Hyattsville, MD.
What is the asking price?
The asking price for this property is $109,900.
What are key features of this property?
This property features: Large balcony; Granite kitchen countertops, pantry, and ceramic tile flooring; Laminate floors in living areas; ceramic tile in bathroom
