One-Bedroom Condo with
8005 MANDAN RD #302, Greenbelt, MD 20770
For Sale
$167,900
GREENBELT, MD
Property Size1,050 SF
Price / SF$159.90
Days on Market300
Property Features for 8005 MANDAN RD #302
General Information
Property type
Property subtype
Bedrooms
Bathrooms
Full bathrooms
Rooms
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
Amenities
assigned parking
outdoor pool
tennis courts
Building Details
Year built
Listing Agency:
Crofton Bowie
(410) 721-1500
Listed By:
Maria D Lopes
Added: Jan 14
Changed: Nov 3
Last Checked: Nov 9 at 5:06AM
MLS# MDPG2185124
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,050-square-foot condo has one bedroom and a large den with full-sized windows and a large closet. Recent improvements include fresh paint, new carpet, and a renovated bathroom. The unit was built in 1977, and all utilities are included in the condo fee.
Community features include assigned parking, an outdoor pool, and tennis courts. The property has access to I-95, I-495, and Rt 295, with the Greenbelt Metro, NASA Goddard, UMD, and Roosevelt Center nearby. Greenbelt parks and trails, shops, and dining are also within reach. The community is FHA-approved.
Community features include assigned parking, an outdoor pool, and tennis courts. The property has access to I-95, I-495, and Rt 295, with the Greenbelt Metro, NASA Goddard, UMD, and Roosevelt Center nearby. Greenbelt parks and trails, shops, and dining are also within reach. The community is FHA-approved.
Key Highlights
- 1,050‑square‑foot condo with one bedroom and a large den
- Den has full‑sized windows and a large closet
- Fresh paint, new carpet, and a renovated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,136
Cap Rate
8.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,720
$282.7K
Cap Rate 7%
$201,943
$201.9K
Cap Rate 9%
$157,067
$157.1K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$27.3K $26.04/SF
− Vacancy
−$1.6K −$1.56/SF
EGI
$25.7K $24.48/SF
− OpEx
−$11.6K −$11.01/SF
NOI
$14.1K $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%
$282,720
Cap Rate 7%
$201,943
Cap Rate 9%
$157,067
Alternative Uses
Best Use
Apartment 5plus
$201.9K
$176.7K – $235.6K
NOI $14,136 @ 7.0% cap · market cap 8.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$338.7K
$296.4K – $395.2K
NOI $23,711 @ 7.0% cap · market cap 14.12%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
289
Businesses Nearby
Explore this area
Business Placement
Demographics for 20770, MD
28,612
Population
12,736
Households
2.2
Avg Household Size
35
Median Age
43%
College-Educated
90%
High-School Grad
7.3 sq mi
ZIP Area
3,919
Density / Sq Mi
$84,125
Median Household Income
$48,773
Median Earnings
$1,823
Median Rent
$249,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Residential income properties in Prince George's County, MD
Properties on Market for Residential income properties in Prince George's County
Frequently Asked Questions
What type of property is this?
Residential income property - A spacious den with full-sized windows adds flexible space for work, guests, or recreation.
Where is this residential income property located?
The property is located at 8005 MANDAN RD #302 Greenbelt, MD.
What is the asking price?
The asking price for this property is $167,900.
What are key features of this property?
This property features: 1,050‑square‑foot condo with one bedroom and a large den; Den has full‑sized windows and a large closet; Fresh paint, new carpet, and a renovated bathroom
