1824 METZEROTT RD #303
About This Property
Welcome to Presidential Park II! This roomy 1BR condo is located in the heart of Adelphi and offers plenty of perks for every type of buyer! Enjoy the ease of living in a secured building with a large lobby, elevator service, and ample parking. This 3rd-floor unit features a spacious living room/dining room combo, a U-shaped kitchen with durable flooring plus a separate pantry, and a massive main bedroom with a wall of windows to bathe the room in plenty of light and offer scenic views. As a bonus, this upper-level space has a long balcony offering sweeping views of the surrounding greenery and the Presidential Park development. Each floor offers a neat and tidy laundry room for resident use, and there are visitor parking spaces for entertaining guests. Conveniently located near the National Archives at College Park, Food & Drug Administration Headquarters, and University of Maryland Global Campus
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Jan 24, 2025 | Sold | ||
| Sold | |||
| Dec 19, 2024 | In contract | - | |
| In contract | |||
| Nov 20, 2024 | Price Decreased |
$109,995
↓ $15K
(12%) | |
| Price Decreased | |||
| Oct 8, 2024 | Price Decreased |
$124,994
↓ $1
(0%) | |
| Price Decreased | |||
| Sep 6, 2024 | Price Decreased |
$124,995
↓ $10K
(7.4%) | |
| Price Decreased | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/22/2024
|
3 Bed
|
2 Bath
|
1099 ft²
|
$184,950
3 Bed
2 Bath
1099 ft²
|
$178,000
-3.76%
07/11/2025
|
Christopher Swade
Taylor Properties
| |
|
06/28/2024
|
1 Bed
|
1 Bath
|
610 ft²
|
$139,995
1 Bed
1 Bath
610 ft²
|
$105,000
-25.00%
01/24/2025
|
Omar Flores
RLAH Real Estate
| |
|
08/06/2023
|
1 Bed
|
1 Bath
|
610 ft²
|
$125,000
1 Bed
1 Bath
610 ft²
|
$100,000
-20.00%
10/25/2023
|
Eden Wolde
Keller Williams Realty Centre
| |
|
05/14/2022
| |
2 Bed
|
1 Bath
|
-
|
$149,000
2 Bed
1 Bath
|
-
-
|
Sven M Skarie
College Park
|
|
07/27/2020
|
3 Bed
|
2 Bath
|
1099 ft²
|
$125,000
3 Bed
2 Bath
1099 ft²
|
$127,000
+1.60%
10/09/2020
|
Jaime Pardo
KW Metro Center
|
Building Info
About Adelphi
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$2,200 /mo
- 2 Beds
- 2 Baths
- 3,398 ft²
$2,200 /mo
- 2 Beds
- 2 Baths
- 1,054 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017