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One-Bedroom Residential Condo
For Sale
$162,900

4701 OLD SOPER ROAD Unit 657, Suitland, MD 20746

A short walk from Branch Ave Metro Station, the residence offers direct access to rail service.

Property Size765 SF
Price / SF$212.94
Days on Market88

Property Features for 4701 OLD SOPER ROAD Unit 657

General Information

Standard status Active
Size 765 SF
Property subtype Unit/Flat/Apartment

Additional Details

Public Transit Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,724

Building Details

Building Size 765 SF
Year Built 2008
Listing Agency: D.S.A. Properties & Investments LLC
Listed By: Deyi S Awadallah · License #0225073879
Source: Jackrealtygroup
Added: Aug 2 Changed: Oct 27 Last Checked: Oct 26 at 3:18PM

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 D.S.A. Properties & Investments LLC

Rey
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Investment Insights

Based on property information with market context.

This one-bedroom, one-bathroom condominium at 4701 Old Soper Road in Suitland, Maryland, contains 765 square feet. The residence was built in 2008 and has an open-concept layout.

Branch Ave Metro Station is a short walk away. The property is located within the Tribeca at Camp Springs community.

Key Highlights

  • One bedroom and one bathroom
  • 765 square feet
  • Built in 2008

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,299
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$205,980 $206.0K
Cap Rate 7%
$147,129 $147.1K
Cap Rate 9%
$114,433 $114.4K
Market Conditions
NOI Build-Up for 765 SF
Gross rent
$19.9K $26.04/SF
− Vacancy
−$1.2K −$1.56/SF
EGI
$18.7K $24.48/SF
− OpEx
−$8.4K −$11.01/SF
NOI
$10.3K $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%
$205,980
Cap Rate 7%
$147,129
Cap Rate 9%
$114,433

Alternative Uses

Best Use
Apartment 5plus
$147.1K
$128.7K – $171.7K (±1% cap)
NOI $10,299 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$246.8K
$215.9K – $287.9K (±1% cap)
NOI $17,275 @ 7.0% cap · market cap 10.60%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby

Demographics for 20746, MD

31,635
Population
14,075
Households
2.2
Avg Household Size
37
Median Age
25%
College-Educated
93%
High-School Grad
7.6 sq mi
ZIP Area
4,163
Density / Sq Mi
$78,391
Median Household Income
$54,930
Median Earnings
$1,735
Median Rent
$325,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - A short walk from Branch Ave Metro Station, the residence offers direct access to rail service.
Where is this residential income property located?
The property is located at 4701 OLD SOPER ROAD Unit 657 Suitland, MD.
What is the asking price?
The asking price for this property is $162,900.
What are key features of this property?
This property features: One bedroom and one bathroom; 765 square feet; Built in 2008
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