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    Four-Home Residential Income Property Title is generated by Realmo AI

    4137 BARRETT Place, Indian Head, MD 20640

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    For Sale
    $650,000

    MULTI_FAMILY - Cottage, Ranch - INDIAN HEAD, MD

    Type:Single Family Residence
    Property size:
    3,064 SF
    Lot size:
    1.08 Acres
    Price / SF:
    $212/SF
    Added:
    Jun 1, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 3 at 7:06 am

    Property Features for 4137 BARRETT Place

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Single Family Residence
    Rooms
    Basement
    Parking features
    Driveway
    Standard status
    Active
    Size
    3,064 SF
    Lot size
    1.08 Acres

    Taxes and HOA fees

    Tax Annual Amount
    6502

    Utilities

    Heating system
    Forced Air
    Cooling system
    Ductless

    Building Details

    Year built
    1940
    Number of units
    4
    Building materials
    Combination
    Architectural style
    Cottage, Ranch

    We can help!

    Listing Contact
    Sarah Swann
    Sarah Swann

    Listing agent Sarah Swann License #662211

    Listing office Baldus Real Estate, Inc. La Plata, MD

    Listing date Jun 1, 2026

    MLS# MDCH2055758 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • 1.08‑acre parcel with 4 detached single‑family homes, fully occupied and generating $6,000 combined monthly rent
    • Each unit has recently updated energy‑efficient ductless mini‑split systems
    • Served by public sewer with 2 shared wells
    • Includes a large detached barn for storage or other value‑add uses
    • Heating: forced air; cooling: ductless; parking: driveway; Year built: 1940; styles include cottage and ranch

    Overview

    This residential income property consists of four single-family detached homes on a 1.08-acre parcel. All units are currently fully occupied and generating combined monthly rental income. Each home has been recently updated with energy-efficient ductless mini-split systems, supporting modern comfort while maintaining efficient climate control. The homes are served by public sewer and are supported by two shared wells. A large detached barn on the property provides additional space for storage or other value-add opportunities.

    The property is located just minutes from Route 210, the Town of Indian Head, and NSWC Indian Head, with nearby access to National Harbor, Washington, D.C., and Northern Virginia via a short drive. This places the asset within a convenient commuter corridor that benefits from steady rental demand.

    With a strong rental history and fully leased occupancy, this is positioned for investors seeking immediate cash flow and manageable operating considerations tied to four separate homes. The updated mechanicals and the on-site barn offer practical reasons to underwrite the property for both current income and longer-term ownership goals. The setup also provides flexibility for future value-add work, should an operator choose to expand the property’s utility beyond housing.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Building Supply Auto Repair Shop Gym & Fitness Center Hotel & Motel Auto Parts Store Kitchen & Bath Showroom Bar & Pub

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Indian Head
    County
    Charles
    State
    Maryland
    Longitude
    -77.13413
    Latitude
    38.59969

    Nearby Similar for Sale

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    • $1,195,000

      Restaurant For Sale

      Restaurant property for sale.
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    FAQs

    What type of property is this?
    Quadplex - Fully occupied detached homes with recent mini-split updates and built-in income potential on shared well services.
    Where is this quadplex located?
    The property is located at 4137 BARRETT Place Indian Head, MD.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: 1.08‑acre parcel with 4 detached single‑family homes, fully occupied and generating $6,000 combined monthly rent; Each unit has recently updated energy‑efficient ductless mini‑split systems; Served by public sewer with 2 shared wells
    (301) 643-9492
    We can help!
    Listing Contact
    Sarah Swann
    Sarah Swann
    Real Estate License ID: 662211
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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