One-Bedroom Condo with
For Sale
$109,000
545 WILSON BRIDGE DRIVE Unit A-1, Oxon Hill, MD 20745
The lower-level residence includes a private rear entrance and access to laundry facilities within the building.
Property Size678 SF
Price / SF$160.77
Days on Market15
Property Features for 545 WILSON BRIDGE DRIVE Unit A-1
General Information
Standard status
Active
Size
678 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,192
Amenities
on-site laundry
Building Details
Building Size
678 SF
Year Built
1966
Listing Agency:
The Real Estate Store
Listed By:
Larhonde Leffyear-Patterson · License #78198
(202) 746-7621
Source:
Jackrealtygroup
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 26 at 10:32AM
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 The Real Estate Store
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 678-square-foot, one-bedroom, one-bath condo is on the lower level and has a rear entrance opening to a patio. Interior updates include kitchen appliances, bathroom finishes, lighting, carpet, and paint. Laundry machines are available in the building, and parking is assigned to the unit. The property was built in 1966.
Key Highlights
- 678‑square‑foot, one‑bedroom, one‑bath condo
- Lower‑level unit with rear entrance and patio
- Updated kitchen appliances, bathroom finishes, lighting, carpet, and paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,128
Cap Rate
8.37%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,560
$182.6K
Cap Rate 7%
$130,400
$130.4K
Cap Rate 9%
$101,422
$101.4K
Market Conditions
NOI Build-Up for 678 SF
Gross rent
$17.7K $26.04/SF
− Vacancy
−$1.1K −$1.56/SF
EGI
$16.6K $24.48/SF
− OpEx
−$7.5K −$11.01/SF
NOI
$9.1K $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%
$182,560
Cap Rate 7%
$130,400
Cap Rate 9%
$101,422
Alternative Uses
Best Use
Apartment 5plus
$130.4K
$114.1K – $152.1K
NOI $9,128 @ 7.0% cap · market cap 8.37%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$218.7K
$191.4K – $255.2K
NOI $15,310 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
214
Businesses Nearby
Explore this area
Business Placement
Demographics for 20745, MD
32,024
Population
13,124
Households
2.4
Avg Household Size
36
Median Age
26%
College-Educated
82%
High-School Grad
6.5 sq mi
ZIP Area
4,927
Density / Sq Mi
$80,649
Median Household Income
$47,435
Median Earnings
$1,564
Median Rent
$351,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The lower-level residence includes a private rear entrance and access to laundry facilities within the building.
Where is this residential income property located?
The property is located at 545 WILSON BRIDGE DRIVE Unit A-1 Oxon Hill, MD.
What is the asking price?
The asking price for this property is $109,000.
What are key features of this property?
This property features: 678‑square‑foot, one‑bedroom, one‑bath condo; Lower‑level unit with rear entrance and patio; Updated kitchen appliances, bathroom finishes, lighting, carpet, and paint
