One-Bedroom
For Sale
$270,000
4701 OLD SOPER ROAD Unit 462, Suitland, MD 20746
Residents have access to a fitness center, yoga room, pool, billiards room, business center, and lounge with kitchen.
Property Size1,089 SF
Price / SF$247.93
Days on Market170
Property Features for 4701 OLD SOPER ROAD Unit 462
General Information
Standard status
Active
Size
1,089 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,120
Amenities
fitness center
yoga room
billiards room
business center
outdoor pool
resident lounge
in-unit washer/dryer
Building Details
Building Size
1,089 SF
Year Built
2008
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: May 12
Changed: Oct 27
Last Checked: Oct 26 at 4:07PM
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-bedroom condominium contains 1,089 square feet and was built in 2008. The kitchen includes stainless steel appliances, granite counters, an island with a sink, and a pantry. A built-in desk and stackable washer and dryer are also part of the unit. Wood flooring and crown molding extend through the living and dining areas. The primary bedroom has French doors, an en-suite bathroom with a double vanity, soaking tub and separate shower, plus a walk-in closet; a separate half bath serves guests.
Community amenities include a recently renovated fitness center, yoga room, billiards room, business center, outdoor pool, and resident lounge with a kitchen and outdoor entertaining area. The property is in Tribeca at Camp Springs, with Branch Avenue Metro Station, Restaurant Row, Joint Base Andrews, National Harbor, MGM, and Tanger Outlets described as minutes away.
Community amenities include a recently renovated fitness center, yoga room, billiards room, business center, outdoor pool, and resident lounge with a kitchen and outdoor entertaining area. The property is in Tribeca at Camp Springs, with Branch Avenue Metro Station, Restaurant Row, Joint Base Andrews, National Harbor, MGM, and Tanger Outlets described as minutes away.
Key Highlights
- 1‑bedroom unit with 1 full and 1 half bath
- 1,089 square feet; built in 2008
- Kitchen features stainless steel appliances, granite countertops, pantry, and an island with sink
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,661
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,220
$293.2K
Cap Rate 7%
$209,443
$209.4K
Cap Rate 9%
$162,900
$162.9K
Market Conditions
NOI Build-Up for 1,089 SF
Gross rent
$28.4K $26.04/SF
− Vacancy
−$1.7K −$1.56/SF
EGI
$26.7K $24.48/SF
− OpEx
−$12.0K −$11.01/SF
NOI
$14.7K $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%
$293,220
Cap Rate 7%
$209,443
Cap Rate 9%
$162,900
Alternative Uses
Best Use
Apartment 5plus
$209.4K
$183.3K – $244.4K
NOI $14,661 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$351.3K
$307.4K – $409.9K
NOI $24,591 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
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Business Placement
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to a fitness center, yoga room, pool, billiards room, business center, and lounge with kitchen.
Where is this residential income property located?
The property is located at 4701 OLD SOPER ROAD Unit 462 Suitland, MD.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: 1‑bedroom unit with 1 full and 1 half bath; 1,089 square feet; built in 2008; Kitchen features stainless steel appliances, granite countertops, pantry, and an island with sink
