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Residential Income Property with Balcony
For Sale
$159,500

3348 HUNTLEY SQUARE DRIVE Unit B, Temple Hills, MD 20748

The two-bedroom, two-bath unit has a private balcony, in-unit laundry, and refreshed interior finishes.

Property Size1,056 SF
Price / SF$151.04
Days on Market215

Property Features for 3348 HUNTLEY SQUARE DRIVE Unit B

General Information

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

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $1,709

Amenities

private balcony
in-unit washer/dryer

Building Details

Building Size 1,056 SF
Year Built 1973
Listing Agency: Jack Realty Group
Listed By: John Pruski · License #BR98377715
Source: Jackrealtygroup
Added: Mar 28 Changed: Oct 27 Last Checked: Oct 26 at 3:55PM

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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Investment Insights

Based on property information with market context.

This 1,056-square-foot residential income property is a two-bedroom, two-bath condo built in 1973. The layout includes a dining or den area connected to a private balcony, a primary bedroom with an en suite bath, and a second full bathroom with a soaking tub. Interior updates include fresh paint, carpet in the bedrooms, luxury vinyl plank flooring in the main living areas, and tile in the kitchen. The kitchen has granite countertops, stainless steel appliances, a pantry, a breakfast nook, and an exposed brick accent wall. A washer and dryer are located in the unit.

The property is in Huntley Square in Temple Hills, with access to I-495 and I-295. National Harbor, MGM, Tanger Outlets, Oxon Hill, and Washington, DC are among the named destinations in the surrounding area.

Key Highlights

  • 1,056‑square‑foot condo with two bedrooms and two bathrooms
  • Built in 1973
  • Private balcony and in‑unit washer and dryer

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,217
Cap Rate
8.91%
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 8.91%
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 14.95%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units
Yes
Highway access

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 two-bedroom, two-bath unit has a private balcony, in-unit laundry, and refreshed interior finishes.
Where is this residential income property located?
The property is located at 3348 HUNTLEY SQUARE DRIVE Unit B Temple Hills, MD.
What is the asking price?
The asking price for this property is $159,500.
What are key features of this property?
This property features: 1,056‑square‑foot condo with two bedrooms and two bathrooms; Built in 1973; Private balcony and in‑unit washer and dryer
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