Ground-Level Residential Income
For Sale
$214,900
Pending
4411 ROMLON STREET #101, Beltsville, MD 20705
A three-bedroom layout pairs an updated kitchen with two refreshed bathrooms.
Property Size1,101 SF
Days on Market102
Property Features for 4411 ROMLON STREET #101
General Information
Standard status
Pending
Size
1,101 SF
Total Parking Spaces
2
Property subtype
Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Amenities
swimming pool
picnic and grilling areas
playgrounds
sidewalks
gazebo
Building Details
Building Size
1,101 SF
Year Built
1964
Listing Agency:
HomeSmart
Listed By:
Yizhak Etedgi
(301) 434-4065
Source:
Paulchilds.kw
Added: Jul 3
Changed: Oct 8
Last Checked: Oct 11 at 3:24AM
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 HomeSmart
Investment Insights
Based on property information with market context.
This ground-floor condominium in Montpelier Village offers 3 bedrooms and 2 bathrooms across approximately 1,101 square feet. Built in 1964, the unit has a private entrance and no interior stairs. The kitchen includes granite counters, a ceramic tile backsplash, stainless steel appliances, a breakfast bar, and ample cabinetry. Living and dining areas share an open layout; the bedrooms have generous closet space. Both bathrooms have been updated, and the interior has been repainted.
The property includes two assigned parking spaces, with additional guest parking. Community features include a pool, picnic and grilling areas, playgrounds, sidewalks, a gazebo, and maintained common grounds. The condo fee covers utilities. I-95, I-495, Route 1, Greenbelt and College Park Metro stations, shopping, restaurants, parks, and the University of Maryland are within minutes, with access toward Washington, D.C., and Baltimore.
The property includes two assigned parking spaces, with additional guest parking. Community features include a pool, picnic and grilling areas, playgrounds, sidewalks, a gazebo, and maintained common grounds. The condo fee covers utilities. I-95, I-495, Route 1, Greenbelt and College Park Metro stations, shopping, restaurants, parks, and the University of Maryland are within minutes, with access toward Washington, D.C., and Baltimore.
Key Highlights
- 3 bedrooms and 2 bathrooms in approximately 1,101 square feet
- Ground‑floor unit with private entrance and no stairs
- Kitchen features granite countertops, ceramic tile backsplash, stainless steel appliances, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,822
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,440
$296.4K
Cap Rate 7%
$211,743
$211.7K
Cap Rate 9%
$164,689
$164.7K
Market Conditions
NOI Build-Up for 1,101 SF
Gross rent
$28.7K $26.04/SF
− Vacancy
−$1.7K −$1.56/SF
EGI
$26.9K $24.48/SF
− OpEx
−$12.1K −$11.01/SF
NOI
$14.8K $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%
$296,440
Cap Rate 7%
$211,743
Cap Rate 9%
$164,689
Alternative Uses
Best Use
Apartment 5plus
$211.7K
$185.3K – $247.0K
NOI $14,822 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$355.2K
$310.8K – $414.4K
NOI $24,862 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
764
Businesses Nearby
Explore this area
Business Placement
Demographics for 20705, MD
29,456
Population
9,181
Households
3.2
Avg Household Size
36
Median Age
33%
College-Educated
81%
High-School Grad
14.5 sq mi
ZIP Area
2,031
Density / Sq Mi
$106,691
Median Household Income
$45,692
Median Earnings
$1,777
Median Rent
$423,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A three-bedroom layout pairs an updated kitchen with two refreshed bathrooms.
Where is this residential income property located?
The property is located at 4411 ROMLON STREET #101 Beltsville, MD.
What is the asking price?
The asking price for this property is $214,900.
What are key features of this property?
This property features: 3 bedrooms and 2 bathrooms in approximately 1,101 square feet; Ground‑floor unit with private entrance and no stairs; Kitchen features granite countertops, ceramic tile backsplash, stainless steel appliances, and breakfast bar
