Two-Bedroom
For Sale
$179,900
4415 ROMLON STREET Unit 101, Beltsville, MD 20705
The unit includes a renovated kitchen, a walk-in closet, an additional storage unit, and a parking permit.
Property Size844 SF
Price / SF$213.15
Days on Market49
Property Features for 4415 ROMLON STREET Unit 101
General Information
Standard status
Active
Size
844 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,671
Amenities
secure laundry facility
swimming pool
mini park
Building Details
Building Size
844 SF
Year Built
1964
Listing Agency:
HomeSmart
Listed By:
Stanita R Scott · License #580603
(301) 252-7031
Source:
Jackrealtygroup
Added: Sep 12
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 HomeSmart
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Investment Insights
Based on property information with market context.
This 844-square-foot condominium in Beltsville has two bedrooms and one bathroom. The kitchen has been renovated, and the unit also features a walk-in closet, a separate storage unit, and a parking permit. The building dates to 1964 and provides a secure laundry facility. Utilities are included in the condominium fee.
The community has a swimming pool and a mini park. Shopping and public bus service are within walking distance, with access to Route 1, I-495, and I-95.
The community has a swimming pool and a mini park. Shopping and public bus service are within walking distance, with access to Route 1, I-495, and I-95.
Key Highlights
- Two bedrooms and one bathroom in 844 square feet
- Renovated kitchen and walk‑in closet
- Separate storage unit and parking permit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,363
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,260
$227.3K
Cap Rate 7%
$162,329
$162.3K
Cap Rate 9%
$126,256
$126.3K
Market Conditions
NOI Build-Up for 844 SF
Gross rent
$22.0K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$20.7K $24.48/SF
− OpEx
−$9.3K −$11.01/SF
NOI
$11.4K $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%
$227,260
Cap Rate 7%
$162,329
Cap Rate 9%
$126,256
Alternative Uses
Best Use
Apartment 5plus
$162.3K
$142.0K – $189.4K
NOI $11,363 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$272.3K
$238.2K – $317.7K
NOI $19,059 @ 7.0% cap · market cap 10.59%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
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 - The unit includes a renovated kitchen, a walk-in closet, an additional storage unit, and a parking permit.
Where is this residential income property located?
The property is located at 4415 ROMLON STREET Unit 101 Beltsville, MD.
What is the asking price?
The asking price for this property is $179,900.
What are key features of this property?
This property features: Two bedrooms and one bathroom in 844 square feet; Renovated kitchen and walk‑in closet; Separate storage unit and parking permit
