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Walkout Patio Condominium
For Sale
$155,000

3346 HUNTLEY SQUARE Unit T-1, Temple Hills, MD 20748

The lower-level unit offers two bedrooms, two bathrooms, and in-unit laundry.

Property Size1,056 SF
Price / SF$146.78
Days on Market45

Property Features for 3346 HUNTLEY SQUARE Unit T-1

General Information

Standard status Active
Size 1,056 SF
Property subtype Unit/Flat/Apartment

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,709

Amenities

in-unit laundry
walkout patio
wine nook and bar

Building Details

Building Size 1,056 SF
Year Built 1973
Listing Agency: Advantage Realty of Maryland
Listed By: Chiu K Wong · License #632843
Source: Jackrealtygroup
Added: Sep 14 Changed: Oct 27 Last Checked: Oct 26 at 2:41PM

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 Advantage Realty of Maryland

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Investment Insights

Based on property information with market context.

This 1,056-square-foot, lower-level condominium has two bedrooms and two bathrooms. The interior was recently painted, the bedrooms have new carpet, and the bathrooms have been upgraded. The kitchen includes granite countertops, wood cabinetry, a gas range and oven, range hood, and dishwasher; a refrigerator is not included. Interior details include chair railings, crown molding, carpet, and luxury plank flooring, along with a wine nook and bar.

Sliding glass doors open to a walkout patio beside an adjacent lawn. The unit also has in-unit laundry. The building dates to 1973.

Key Highlights

  • 1,056‑square‑foot condominium with 2 bedrooms and 2 bathrooms
  • Lower‑level unit with walkout patio and adjacent lawn
  • Kitchen includes granite countertops, wood cabinets, gas range/oven, range hood, and dishwasher

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,217
Cap Rate
9.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,340 $284.3K
Cap Rate 7%
$203,100 $203.1K
Cap Rate 9%
$157,967 $158.0K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$27.5K $26.04/SF
− Vacancy
−$1.6K −$1.56/SF
EGI
$25.8K $24.48/SF
− OpEx
−$11.6K −$11.01/SF
NOI
$14.2K $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%
$284,340
Cap Rate 7%
$203,100
Cap Rate 9%
$157,967

Alternative Uses

Best Use
Apartment 5plus
$203.1K
$177.7K – $237.0K (±1% cap)
NOI $14,217 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$340.7K
$298.1K – $397.4K (±1% cap)
NOI $23,846 @ 7.0% cap · market cap 15.38%
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

184
Businesses Nearby

Demographics for 20748, MD

39,689
Population
17,111
Households
2.3
Avg Household Size
40
Median Age
28%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
4,268
Density / Sq Mi
$82,160
Median Household Income
$52,637
Median Earnings
$1,586
Median Rent
$355,600
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - The lower-level unit offers two bedrooms, two bathrooms, and in-unit laundry.
Where is this residential income property located?
The property is located at 3346 HUNTLEY SQUARE Unit T-1 Temple Hills, MD.
What is the asking price?
The asking price for this property is $155,000.
What are key features of this property?
This property features: 1,056‑square‑foot condominium with 2 bedrooms and 2 bathrooms; Lower‑level unit with walkout patio and adjacent lawn; Kitchen includes granite countertops, wood cabinets, gas range/oven, range hood, and dishwasher
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