39
Map
$451,500
●
House -
For Sale
4606 DREXEL ROAD
COLLEGE PARK, MD 20740
3 Beds
1 Bath
1,411 Ft²
$2,947
Est. Monthly
About This Property
Please review attached documents prior to scheduling an appointment
through ShowingTime! This property is owned by the College Park
Community Preservation Affordable Housing Land Trust, LLC. The
Trust works exclusively with purchasers who earn up to 140% percent
of Median Family Income. Purchasers must be owner occupants and
will be required to complete a homeownership class. Given the
complexity of the program, we will provide referrals to lenders and
title companies who we have worked with previously that understand
the nuances of the land trust. Due to the internal processes and
structure of the Trust, application response times are limited to
business days/hours and may take multiple days. See attached
documents and contact the listing agent for any questions.
Applications are reviewed in the order in which they are received.
Unit Size
1,411 Ft²
Days on Market
-
Land Size
0.17 acres
Price per sqft
$320
Property Type
House
Property Taxes
$730
HOA Dues
-
Year Built
1938
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: 2 months ago (Bright MLS #MDPG2218662)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 11, 2026 | Listed by EXP Realty, LLC | $451,500 | |
| Listed by EXP Realty, LLC | |||
| Mar 2, 2026 | Sold | ||
| Sold | |||
| Feb 20, 2026 | In contract | - | |
| In contract | |||
| Feb 20, 2026 | Price Increased |
$450,000
↑ $150K
(50.1%) | |
| Price Increased | |||
| Feb 12, 2026 | Listed by Realty 1, Inc. | $299,900 | |
| Listed by Realty 1, Inc. | |||
| | |||
|
This property was sold in As-Is condition to the College Park Community Preservation Affordable
Housing Land Trust. This 3-level colonial home has a large yard with a spacious 2-car garage/workshop and long driveway for plenty of parking. The main level has Oak hardwood flooring throughout. The living room features a large fireplace and bay window. The dining room has 2 built-in china cabinets and storage under the bay window. Upstairs, you find 3 bedrooms and a ceramic-tiled bath. The basement has a half-bath along with workshop area and shelving.
| |||
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Property Highlights
Air Conditioning
Fireplace
Garage
Parking Details
Has Garage
Parking Features: Detached, Garage, Driveway, Asphalt Driveway
Garage Spaces: 2
Interior Details
Full Bathrooms: 1
Interior Features: Built-in Features, Bathroom - Tub Shower, Dining Area, Floor Plan - Traditional, Upgraded Countertops, Wood Floors
Appliances: Microwave, Refrigerator, Stainless Steel Appliance(s), Dishwasher, Dryer, Washer, Stove
Flooring Type: Hardwood, Brick
Has Fireplace
Fireplace Features: Wood
Fireplaces: 1
Basement: Full, Concrete, Daylight, Partial, Unfinished, Windows, Workshop, Connecting Stairway, Interior Access, Outside Entrance
Exterior Details
Square Footage: 1411
Square Footage Source: $0
Property Condition: Excellent, Very Good
Architectural Style: Colonial
Year Built Source: Estimated
Year Built: 1938
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Brick
Patio and Porch Features: Patio
Lot Features: Level
Lot Size Area: 7500
Lot Size Units: Square Feet
Lot Size Acres: 0.17
Lot Size Square Feet: 7500
Tax Lot: 43
Water Source: Public
Financial Details
Tax Assessed Value: $490,800
Tax Annual Amount: $8,760
Utilities Details
Cooling Type: Central Air
Heating Type: Central
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 College Park
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Listed by: Kimberly A Lally
EXP Realty, LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDPG2218662
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.
EXP Realty, LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDPG2218662
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017