$425,000
●
House -
For Sale
305 PROSPECT STREET
LA PLATA, MD 20646
5 Beds
3 Baths
2,098 Ft²
$2,538
Est. Monthly
About This Property
Overflowing with charm and character, this unique Cape Cod offers
the perfect blend of warmth, flexibility, and functionality. The
main home features 4 spacious bedrooms, inviting living spaces, and
classic details that make it feel like home from the moment you
arrive.
Connected by a large screened porch, the private apartment provides exceptional versatility with its own bedroom, full bath, full kitchen, separate entrance, and private driveway-ideal for multi-generational living, au-pair, guests, a home office, or potential rental income.
The property also includes a detached garage, offering additional storage, workshop space, or parking options. Enjoy the character and privacy of this special property while still being conveniently located near shopping, dining, schools, and commuter routes in the heart of La Plata.
Whether you're looking for room to grow, space for loved ones, or a home with endless possibilities, this one-of-a-kind Cape Cod is ready to welcome you home.
Connected by a large screened porch, the private apartment provides exceptional versatility with its own bedroom, full bath, full kitchen, separate entrance, and private driveway-ideal for multi-generational living, au-pair, guests, a home office, or potential rental income.
The property also includes a detached garage, offering additional storage, workshop space, or parking options. Enjoy the character and privacy of this special property while still being conveniently located near shopping, dining, schools, and commuter routes in the heart of La Plata.
Whether you're looking for room to grow, space for loved ones, or a home with endless possibilities, this one-of-a-kind Cape Cod is ready to welcome you home.
Unit Size
2,098 Ft²
Days on Market
-
Land Size
0.38 acres
Price per sqft
$203
Property Type
House
Property Taxes
$451
HOA Dues
-
Year Built
1931
Listed By
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 2 months ago (Bright MLS #MDCH2059660)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 22, 2026 | Listed by CENTURY 21 New Millennium | $425,000 | |
| Listed by CENTURY 21 New Millennium | |||
| Aug 15, 2023 | Sold | ||
| Sold | |||
Property Highlights
Garage
Parking Details
Has Garage
Parking Features: Detached, Garage, Driveway, Asphalt Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 3
Basement: Concrete, Unfinished, Connecting Stairway, Side Entrance
Exterior Details
Square Footage: 2098
Square Footage Source: $0
Architectural Style: Cape Cod, Other
Year Built Source: Estimated
Year Built: 1931
Levels: 2
Other Structures: Above Grade, Below Grade
Construction Materials: Vinyl Siding
Patio and Porch Features: Deck, Enclosed, Porch, Screened
Lot Size Area: 16740
Lot Size Units: Square Feet
Lot Size Acres: 0.38
Lot Size Square Feet: 16740
Water Source: Public
Financial Details
Tax Assessed Value: $361,800
Tax Annual Amount: $5,411
Utilities Details
Cooling Type: Ceiling Fan(s)
Heating Type: Radiator
Sewer : Public Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About La Plata
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Listed by: Cheryl A Bare
CENTURY 21 New Millennium
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDCH2059660
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
CENTURY 21 New Millennium
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDCH2059660
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