Condominium with Separate
For Sale
$140,000
1836 METZEROTT ROAD Unit 1806, Hyattsville, MD 20783
The monthly condo fee covers all utilities, and the unit includes in-unit laundry and assigned parking.
Property Size864 SF
Price / SF$162.04
Days on Market71
Property Features for 1836 METZEROTT ROAD Unit 1806
General Information
Standard status
Active
Size
864 SF
Total Parking Spaces
3
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,610
Amenities
in-unit washer/dryer
Building Details
Building Size
864 SF
Year Built
1971
Listing Agency:
Smart Realty, LLC
Listed By:
Claudia E Palacios · License #612538
(240) 832-2555
Source:
Jackrealtygroup
Added: Aug 19
Changed: Oct 27
Last Checked: Oct 26 at 3:10PM
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 Smart Realty, 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 864-square-foot condominium has one bedroom, one bathroom, and a den. The living and dining areas share an open layout, while the kitchen includes granite countertops, ceramic flooring, a gas stove, dishwasher, and microwave. Interior updates include fresh paint, recessed lighting, and an updated bathroom. A washer and dryer are located in the unit. The building dates to 1971.
The unit comes with two assigned parking spaces and one space for a commercial vehicle. The condo fee covers all utilities.
The unit comes with two assigned parking spaces and one space for a commercial vehicle. The condo fee covers all utilities.
Key Highlights
- 864‑square‑foot condominium with one bedroom, one bathroom, and a den
- Kitchen has granite countertops, ceramic flooring, gas stove, dishwasher, and microwave
- In‑unit washer and dryer; updated bathroom, fresh paint, and recessed lighting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,632
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$232,640
$232.6K
Cap Rate 7%
$166,171
$166.2K
Cap Rate 9%
$129,244
$129.2K
Market Conditions
NOI Build-Up for 864 SF
Gross rent
$22.5K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$21.1K $24.48/SF
− OpEx
−$9.5K −$11.01/SF
NOI
$11.6K $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%
$232,640
Cap Rate 7%
$166,171
Cap Rate 9%
$129,244
Alternative Uses
Best Use
Apartment 5plus
$166.2K
$145.4K – $193.9K
NOI $11,632 @ 7.0% cap · market cap 8.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$278.7K
$243.9K – $325.2K
NOI $19,511 @ 7.0% cap · market cap 13.94%
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
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
Frequently Asked Questions
What type of property is this?
Residential income property - The monthly condo fee covers all utilities, and the unit includes in-unit laundry and assigned parking.
Where is this residential income property located?
The property is located at 1836 METZEROTT ROAD Unit 1806 Hyattsville, MD.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: 864‑square‑foot condominium with one bedroom, one bathroom, and a den; Kitchen has granite countertops, ceramic flooring, gas stove, dishwasher, and microwave; In‑unit washer and dryer; updated bathroom, fresh paint, and recessed lighting
