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Property profile & analytics
OFF-MARKET
Estimated value
$15,850,000
Apartment buildings
4000 38th St, Brentwood, MD 20722-1405
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US40-0912300
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1943
Total area
96 SF
Lot
3.44 ac (149,846 SF)
Zoning code
RMF48
APN
17-1943133
UPID
US40-0912300
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$15.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$15.85M
Owner & transaction history
Cs Investment Partners LLC · 2 yrs held
Cs Investment Partners LLC
since 2024
Last sale
$15.9M
7 recorded transactions
Zoning & alternative use
RMF48 · Brentwood, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Brentwood submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brentwood submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$15,850,000
ML approach
$15,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$15.85M
Range $14.27M – $17.44M · ±10% · vs last sale $15.85M (Feb 15 2024)
Last sale anchor
$15.85M
Feb 15 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$165,104 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$100,044
Tax year 2023
Assessed value
$7,213,000
Assessed 2023
Previous assessed
$7,213,000
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$1,798,100
Assessed improvement
$5,414,900
Land market value
$1,798,100
Improvement market value
$5,414,900
Total market value
$7,213,000
Applied tax rate
78.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1943
Heating
NONE
Units
96
Total area
96 SF
Lot
3.44 ac (149,846 SF)
Zoning code
RMF48
APN
17-1943133
UPID
US40-0912300
Jurisdiction
PRINCE GEORGE'S
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RMF48 · Brentwood, MD
Zoning RMF48 · permitted uses
RMF48 · Brentwood, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Brentwood. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1943
Heating
NONE
Units
96
Lot
3.44 ac
Current owner
From public records · entity-resolved
Cs Investment Partners LLC
Entity
Mailing address
5 W 120TH STB, NEW YORK, NY 10027-6538
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2024
$15,850,000
Cs Investment Partners LLC
Capitol Square LP
Special Warranty Deed
$13,030,000 · Arbor Commercial Funding LLC
Feb 28, 2017
$9,300,000
Capitol Square LP
Finchley Apartments LLC
Grant Deed
—
Nov 15, 2013
$7,877,500
Finchley Apartments LLC
Finchley United LLC
Grant Deed
$6,400,000 · Beech Street Capital LLC
Apr 12, 2013
$6,087,656
Finchley United LLC
New Potomac Limited Partnership
Trustees Deed
related
$5,370,000 · Arbor Realty SR INC
Dec 2, 1997
$2,610,000
New Potomac Ltd Partnership
Wendy Lou Ltd
Grant Deed
—
Dec 2, 1997
$2,770,000
Potomac Limited Partnership
Mary Lou Ltd Liability Ptshp
Grant Deed
—
—
—
Finchley Apartments LLC
—
Deed Of Trust
related
$600,000 · Capital One Multifamily Fin
—
—
Capitol Square LP
—
Deed Of Trust
related
$10,250,000 · Capital One Multifamily Fin
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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