Residential Income Property with
1836 METZEROTT ROAD Unit 1903, Hyattsville, MD 20783
For Sale
$128,000
The one-bedroom residence features an open living and dining area, a walk-in closet, and a private outdoor space.
Property Size821 SF
Price / SF$155.91
Days on Market247
Property Features for 1836 METZEROTT ROAD Unit 1903
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Utilities to Site
Taxes and HOA fees
Annual Taxes
Amenities
fitness center
outdoor pool
laundry facilities on the same level as the unit
convenience store
24/7 concierge
elevators
secure building access
Building Details
Building Size
Year Built
Listing Agency:
CENTURY 21 New Millennium
Listed By:
Angela G Simmons · License MD #587778
(410) 456-1422
Source:
Signaturemoverealestate
Added: Mar 13
Changed: Nov 11
Last Checked: Nov 13 at 10:39AM
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 CENTURY 21 New Millennium
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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.
Unit 1504 is an 821-square-foot, one-bedroom condo in a residential building completed in 1971. Its open living and dining area connects to a kitchen with a breakfast bar, and sliding glass doors lead to a private balcony. The bedroom has a walk-in closet. Updates made in 2024 include new flooring, a stove, a microwave, and a dishwasher.
Building amenities include a fitness center, outdoor pool, convenience store, elevators, laundry facilities on the unit’s floor, 24-hour concierge service, and secure entry. The condo fee covers water, electricity, gas, and trash removal. The property is in Hyattsville, near shopping, dining, commuter routes, and the University of Maryland College Park.
Building amenities include a fitness center, outdoor pool, convenience store, elevators, laundry facilities on the unit’s floor, 24-hour concierge service, and secure entry. The condo fee covers water, electricity, gas, and trash removal. The property is in Hyattsville, near shopping, dining, commuter routes, and the University of Maryland College Park.
Key Highlights
- 821 SF one‑bedroom condo in a residential building built in 1971
- Private balcony accessed through sliding glass doors
- 2024 updates include new flooring, stove, microwave, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,053
Cap Rate
8.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,060
$221.1K
Cap Rate 7%
$157,900
$157.9K
Cap Rate 9%
$122,811
$122.8K
Market Conditions
NOI Build-Up for 821 SF
Gross rent
$21.4K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$20.1K $24.48/SF
− OpEx
−$9.0K −$11.01/SF
NOI
$11.1K $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%
$221,060
Cap Rate 7%
$157,900
Cap Rate 9%
$122,811
Alternative Uses
Best Use
Apartment 5plus
$157.9K
$138.2K – $184.2K
NOI $11,053 @ 7.0% cap · market cap 8.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$264.9K
$231.8K – $309.0K
NOI $18,540 @ 7.0% cap · market cap 14.48%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
426
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
$400,400
Median Home Value
Market
Average Price Trend$/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 one-bedroom residence features an open living and dining area, a walk-in closet, and a private outdoor space.
Where is this residential income property located?
The property is located at 1836 METZEROTT ROAD Unit 1903 Hyattsville, MD.
What is the asking price?
The asking price for this property is $128,000.
What are key features of this property?
This property features: 821 SF one‑bedroom condo in a residential building built in 1971; Private balcony accessed through sliding glass doors; 2024 updates include new flooring, stove, microwave, and dishwasher
