High-Rise Residential Income
For Sale
$124,900
1836 METZEROTT ROAD Unit 704, Hyattsville, MD 20783
A two-bedroom residence includes a private terrace and access to the building’s pool and fitness center.
Property Size821 SF
Price / SF$152.13
Days on Market175
Property Features for 1836 METZEROTT ROAD Unit 704
General Information
Standard status
Active
Size
821 SF
Property subtype
Unit/Flat/Apartment
Property Condition
Severity
Repairs Needed
Evidence
a little TLC to truly make it shine
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Additional Details
HOA Fee
$518
Taxes and HOA fees
Annual Taxes
$1,610
Amenities
swimming pool
fitness center
terrace
Building Details
Building Size
821 SF
Year Built
1971
Listing Agency:
Presidential Realty
Listed By:
Charles I Rosen · License #1862
(301) 368-4047
Source:
Jackrealtygroup
Added: May 7
Changed: Oct 27
Last Checked: Oct 26 at 2:34PM
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 Presidential Realty
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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.
Located on the 19th floor, this 821-square-foot, two-bedroom condominium features a terrace. Built in 1971, the unit would benefit from updates, offering a chance to tailor the interior to individual preferences. The building has a swimming pool and fitness center.
The property is in Prince George’s County, with a commute to Washington, DC noted as convenient.
The property is in Prince George’s County, with a commute to Washington, DC noted as convenient.
Key Highlights
- 821‑square‑foot, two‑bedroom condominium
- Positioned on the 19th floor
- Private terrace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,053
Cap Rate
8.85%
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 8.85%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$264.9K
$231.8K – $309.0K
NOI $18,540 @ 7.0% cap · market cap 14.84%
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 - A two-bedroom residence includes a private terrace and access to the building’s pool and fitness center.
Where is this residential income property located?
The property is located at 1836 METZEROTT ROAD Unit 704 Hyattsville, MD.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: 821‑square‑foot, two‑bedroom condominium; Positioned on the 19th floor; Private terrace
