One-Bedroom Residential Income
For Sale
$110,000
7405 18TH AVENUE Unit 20, Hyattsville, MD 20783
The condominium includes a separate bedroom and access to laundry facilities inside the building.
Property Size490 SF
Price / SF$224.49
Days on Market45
Property Features for 7405 18TH AVENUE Unit 20
General Information
Standard status
Active
Size
490 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,376
Amenities
laundry facilities
Building Details
Building Size
490 SF
Year Built
1954
Listing Agency:
Samson Properties
Listed By:
Vitaly P Petrov · License #646336
(443) 449-9883
Source:
Jackrealtygroup
Added: Sep 14
Changed: Oct 27
Last Checked: Oct 26 at 2:56PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This 490-square-foot condominium in Hyattsville, Maryland, was built in 1954. Its layout includes a living area, kitchen, one bedroom, and a full bathroom. Laundry facilities are located within the building.
Key Highlights
- 490‑square‑foot condominium
- One bedroom and one full bathroom
- Laundry facilities are located inside the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,597
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$131,940
$131.9K
Cap Rate 7%
$94,243
$94.2K
Cap Rate 9%
$73,300
$73.3K
Market Conditions
NOI Build-Up for 490 SF
Gross rent
$12.8K $26.04/SF
− Vacancy
−$766 −$1.56/SF
EGI
$12.0K $24.48/SF
− OpEx
−$5.4K −$11.01/SF
NOI
$6.6K $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%
$131,940
Cap Rate 7%
$94,243
Cap Rate 9%
$73,300
Alternative Uses
Best Use
Apartment 5plus
$94.2K
$82.5K – $110.0K
NOI $6,597 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$158.1K
$138.3K – $184.4K
NOI $11,065 @ 7.0% cap · market cap 10.06%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,297
Businesses Nearby
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Business Placement
Demographics for 20783, MD
48,946
Population
14,389
Households
3.4
Avg Household Size
32
Median Age
19%
College-Educated
56%
High-School Grad
5.8 sq mi
ZIP Area
8,439
Density / Sq Mi
$87,052
Median Household Income
$36,201
Median Earnings
$1,701
Median Rent
$400,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The condominium includes a separate bedroom and access to laundry facilities inside the building.
Where is this residential income property located?
The property is located at 7405 18TH AVENUE Unit 20 Hyattsville, MD.
What is the asking price?
The asking price for this property is $110,000.
What are key features of this property?
This property features: 490‑square‑foot condominium; One bedroom and one full bathroom; Laundry facilities are located inside the building
