Move-In Ready Condo in
For Sale
$132,000
5458 85TH AVENUE #201, Hyattsville, MD 20784
Updated 2-bedroom condo near transportation, shopping, and dining.
Property Size831 SF
Price / SF$158.84
Days on Market368
Property Features for 5458 85TH AVENUE #201
General Information
Standard status
Active
Size
831 SF
Property subtype
Apartment
Amenities
Heat Pump(s)
Central A/C
Building Details
Building Size
831 SF
Year Built
1963
Listing Agency:
Taylor and Taylor Realty Co.
(240) 427-7470
Listed By:
Kalil Deschamps · License #DC
(240) 427-7470
Source:
Kw
Added: Aug 19, 2025
Changed: Aug 16
Last Checked: Aug 20 at 7:30PM
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 Taylor and Taylor Realty Co.
Investment Insights
Based on property information with market context.
This updated 2-bedroom, 1-bath condo is located in the Carrollan Gardens community. The top-floor home features a bright and airy layout with newer windows and a newer AC unit. A private balcony provides space for outdoor relaxation. The galley kitchen offers functional design and ample storage. Spacious living and dining areas are suitable for entertaining. The condo fee covers common area maintenance, water, snow removal, and trash. Residents have access to a shared laundry facility, open parking, playgrounds, and a community pool. The property is located near the New Carrollton Metro/AMTRAK/MARC station, shopping, dining, I-495, Route 50, and 295. The property contains 831 square feet. It is suitable for first-time buyers, downsizers, or investors seeking a low-maintenance property in a commuter-friendly location.
Key Highlights
- Prime location near New Carrollton Metro/AMTRAK/MARC station, I‑495, Route 50, and 295.
- Low condo fee covering common area maintenance, water, snow removal, and trash.
- Move‑in ready condition with newer windows and AC unit.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$11,187
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.48%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$223,740
$223.7K
Cap Rate 7%
$159,814
$159.8K
Cap Rate 9%
$124,300
$124.3K
Market Conditions
NOI Build-Up for 831 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$21.6K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$20.3K $24.48/SF
− OpEx
−$9.2K −$11.01/SF
NOI
$11.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$223,740
Cap Rate 7%
$159,814
Cap Rate 9%
$124,300
Alternative Uses
Best Use
Apartment 5plus
$159.8K
$139.8K – $186.5K
NOI $11,187 @ 7.0% cap · market cap 8.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$268.1K
$234.6K – $312.8K
NOI $18,765 @ 7.0% cap · market cap 14.22%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
928
Businesses Nearby
Explore this area
Business Placement
Demographics for 20784, MD
32,567
Population
10,773
Households
3
Avg Household Size
34
Median Age
23%
College-Educated
79%
High-School Grad
4.1 sq mi
ZIP Area
7,943
Density / Sq Mi
$84,599
Median Household Income
$42,434
Median Earnings
$1,769
Median Rent
$356,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Updated 2-bedroom condo near transportation, shopping, and dining.
Where is this apartment building located?
The property is located at 5458 85TH AVENUE #201 Hyattsville, MD.
What is the asking price?
The asking price for this property is $132,000.
What are key features of this property?
This property features: Prime location near New Carrollton Metro/AMTRAK/MARC station, I‑495, Route 50, and 295.; Low condo fee covering common area maintenance, water, snow removal, and trash.; Move‑in ready condition with newer windows and AC unit.
