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1720 NOVA AVENUE
About This Property
This lot of land is located in the Capitol Heights area within Prince George's County. The property is in close proximity to the Washington DC Border. The area provides easy access to the nearest major traffic artery, Pennsylvania Ave.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2026 | Listed by Ashland Auction Group LLC | $15,000 | |
| Listed by Ashland Auction Group LLC | |||
| May 13, 2024 | Sold | ||
| Sold | |||
| Apr 20, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Richardson Realty | $9,800 | |
| Listed by Richardson Realty | |||
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Raw land sold as-is. Buyer responsible for conducting own due diligence regarding zoning, permits, and potential use. Great opportunity located minutes from DC Line.
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About Coral Hills
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017