Property profile

228 Mnr Cir Takoma Park, MD 20912

OFF-MARKET
Other apartment buildings
Property ID
US40-1350465
3,516 SF 0.21 ac lot Built 1927
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

A seven-unit apartment building in Takoma Park, Maryland. The building was recently renovated, with a roof replacement completed in 2023, and unit upgrades completed in five of the seven apartments. The property includes paved off-street parking.

Property profile

Verified
Property type Other apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1927
Total area 3,516 SF
Lot 0.21 ac (9,267 SF)
Zoning code R20
APN 13-01065796
UPID US40-1350465

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

228 Mnr Cir Takoma Park, MD 20912-4556
Takoma Park metro Census 701701 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$895k
Comparable Approach Comparable
$953k
Blend (final) Blend
$855k

Owner & transaction history

since 2025
Last sale
$550,000
4 recorded transactions
2026
Price N/A
2026
Price N/A
2025
$550,000
2024
Price N/A

Zoning & alternative use

R20 · Takoma Park, MD
Top alternative use upside
Commercial (general) $1.4M +50.2%
Office building $1.2M +28.0%
Warehouse, storage $1.1M +21.3%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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