30
Map
$119,999
↓ $5K (4%)
●
Land -
For Sale
4 AKIN AVENUE
CAPITOL HEIGHTS, MD 20743
Studio
0 Bath
$649
Est. Monthly
About This Property
Shovel Ready /Permit-Ready Land for Sale - Just 1 Blocks from
Washington, D.C.- Start Construction TOMORROW.
Exceptional opportunity to build in a prime location just blocks from Washington, D.C. This shovel-ready property includes approved building permits and architectural floor plans for a 3 or 4 level, 4/5-bedroom, 3/4-bathroom home, allowing construction to begin immediately.
All public utilities are already approved and available at the site, simplifying the development process and reducing upfront preparation time.
Located just blocks from the Metro station, the future home offers outstanding convenience and accessibility. With four full levels, the layout creates numerous possibilities: live in part of the home while generating rental income from additional levels, operate an Airbnb, create a private office or workspace, or design a multi-generational living arrangement.
No HOA and no HOA restrictions. THE PICTURES ARE OF PREVIOUSLY BUILT MODELS.
A rare permit-ready development opportunity in an established neighborhood just moments from the nation's capital. If you need a construction crew, use ours to finish the buildout. Please inquire, we have many more lots and modern house floor plans available.
Exceptional opportunity to build in a prime location just blocks from Washington, D.C. This shovel-ready property includes approved building permits and architectural floor plans for a 3 or 4 level, 4/5-bedroom, 3/4-bathroom home, allowing construction to begin immediately.
All public utilities are already approved and available at the site, simplifying the development process and reducing upfront preparation time.
Located just blocks from the Metro station, the future home offers outstanding convenience and accessibility. With four full levels, the layout creates numerous possibilities: live in part of the home while generating rental income from additional levels, operate an Airbnb, create a private office or workspace, or design a multi-generational living arrangement.
No HOA and no HOA restrictions. THE PICTURES ARE OF PREVIOUSLY BUILT MODELS.
A rare permit-ready development opportunity in an established neighborhood just moments from the nation's capital. If you need a construction crew, use ours to finish the buildout. Please inquire, we have many more lots and modern house floor plans available.
Unit Size
-
Days on Market
-
Land Size
0.09 acres
Price per sqft
-
Property Type
Land
Property Taxes
$59
HOA Dues
-
Year Built
-
Listed By
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Cap Rate
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: 29 days ago (Bright MLS #MDPG2199950)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 9, 2026 | Price Decreased |
$119,999
↓ $5K
(4%) | |
| Price Decreased | |||
| May 26, 2026 | Price Decreased |
$124,997
↓ $4K
(3.1%) | |
| Price Decreased | |||
| May 5, 2026 | Price Decreased |
$129,000
↓ $6K
(4.4%) | |
| Price Decreased | |||
| Apr 20, 2026 | Listed by Taylor Properties | $135,000 | |
| Listed by Taylor Properties | |||
| Jun 1, 2022 | Sold | ||
| Sold | |||
Show More
Property Highlights
Exterior Details
Lot Size Area: 4000
Lot Size Units: Square Feet
Lot Size Acres: 0.09
Lot Size Square Feet: 4000
Water Source: Public
Financial Details
Tax Assessed Value: $40,800
Tax Annual Amount: $711
Utilities Details
Sewer : No Septic System
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 Capitol Heights
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Listed by: Alicia Hines
Taylor Properties
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDPG2199950
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.
Taylor Properties
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDPG2199950
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017