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One-Bedroom Residential Condo
For Sale
$130,000

7700 AREHART DRIVE Unit 1202, Hyattsville, MD 20784

The unit includes a separate bedroom, one bathroom, and access to shared laundry in the basement.

Property Size738 SF
Price / SF$176.15
Days on Market13

Property Features for 7700 AREHART DRIVE Unit 1202

General Information

Standard status Active
Size 738 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,917

Amenities

common laundry facilities

Building Details

Building Size 738 SF
Year Built 1964
Construction Colonial
Listing Agency: Samson Properties
Listed By: Eboni Dixon
Source: Innovativetouchrealty
Added: Oct 16 Changed: Oct 27 Last Checked: Oct 26 at 3:52PM

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 residential condo contains 738 square feet, with one bedroom and one bathroom. The unit was built in 1964 and has access to shared laundry facilities in the basement. A parking lot serves the property.

Key Highlights

  • 738‑square‑foot condo with one bedroom and one bathroom
  • Built in 1964
  • Shared laundry facilities in the basement

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,935
Cap Rate
7.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,700 $198.7K
Cap Rate 7%
$141,929 $141.9K
Cap Rate 9%
$110,389 $110.4K
Market Conditions
NOI Build-Up for 738 SF
Gross rent
$19.2K $26.04/SF
− Vacancy
−$1.2K −$1.56/SF
EGI
$18.1K $24.48/SF
− OpEx
−$8.1K −$11.01/SF
NOI
$9.9K $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%
$198,700
Cap Rate 7%
$141,929
Cap Rate 9%
$110,389

Alternative Uses

Best Use
Apartment 5plus
$141.9K
$124.2K – $165.6K (±1% cap)
NOI $9,935 @ 7.0% cap · market cap 7.64%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$238.1K
$208.3K – $277.8K (±1% cap)
NOI $16,665 @ 7.0% cap · market cap 12.82%
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

866
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Residential income property - The unit includes a separate bedroom, one bathroom, and access to shared laundry in the basement.
Where is this residential income property located?
The property is located at 7700 AREHART DRIVE Unit 1202 Hyattsville, MD.
What is the asking price?
The asking price for this property is $130,000.
What are key features of this property?
This property features: 738‑square‑foot condo with one bedroom and one bathroom; Built in 1964; Shared laundry facilities in the basement
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