Residential Income Property with
For Sale
$165,000
573 WILSON BRIDGE DRIVE Unit C2, Oxon Hill, MD 20745
The upper-level condo has a private balcony and an updated kitchen with granite countertops.
Property Size894 SF
Price / SF$184.56
Days on Market141
Property Features for 573 WILSON BRIDGE DRIVE Unit C2
General Information
Standard status
Active
Size
894 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$868
Building Details
Building Size
894 SF
Year Built
1966
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jun 11
Changed: Oct 27
Last Checked: Oct 26 at 3:38PM
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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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This top-floor, two-bedroom, one-bathroom condo offers 894 square feet of living space. The unit has been renovated, with new flooring and an updated kitchen featuring modern cabinets and granite countertops. A private balcony faces greenery.
The property is in Oxon Hill, near National Harbor dining and shopping. The building dates to 1966.
The property is in Oxon Hill, near National Harbor dining and shopping. The building dates to 1966.
Key Highlights
- Top‑floor condo with 894 square feet
- Two bedrooms and one bathroom
- Renovated unit with new flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,036
Cap Rate
7.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,720
$240.7K
Cap Rate 7%
$171,943
$171.9K
Cap Rate 9%
$133,733
$133.7K
Market Conditions
NOI Build-Up for 894 SF
Gross rent
$23.3K $26.04/SF
− Vacancy
−$1.4K −$1.56/SF
EGI
$21.9K $24.48/SF
− OpEx
−$9.8K −$11.01/SF
NOI
$12.0K $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%
$240,720
Cap Rate 7%
$171,943
Cap Rate 9%
$133,733
Alternative Uses
Best Use
Apartment 5plus
$171.9K
$150.5K – $200.6K
NOI $12,036 @ 7.0% cap · market cap 7.29%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$288.4K
$252.4K – $336.5K
NOI $20,188 @ 7.0% cap · market cap 12.24%
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 upper-level condo has a private balcony and an updated kitchen with granite countertops.
Where is this residential income property located?
The property is located at 573 WILSON BRIDGE DRIVE Unit C2 Oxon Hill, MD.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Top‑floor condo with 894 square feet; Two bedrooms and one bathroom; Renovated unit with new flooring
