3
Map
$69,000
●
Land -
For Sale
614 CAPITOL HEIGHTS BOULEVARD
CAPITOL HEIGHTS, MD 20743
Studio
0 Bath
$451
Est. Monthly
About This Property
Build your dream home on this residential lot in the heart of
Capitol Heights! This RSF-65 zoned lot offers a fantastic
opportunity for builders, investors, or future homeowners looking
to create a custom residence. Public water and public sewer are
available, making the building process more convenient. Ideally
located just minutes from Central Avenue, major commuter routes,
shopping, dining, and the Capitol Heights Metro Station, this
property offers both accessibility and potential. Don't miss the
chance to invest in a growing area with endless possibilities.
Buyer is responsible for conducting their own due diligence
regarding zoning, permits, and development requirements!
Unit Size
-
Days on Market
-
Land Size
0.10 acres
Price per sqft
-
Property Type
Land
Property Taxes
$111
HOA Dues
-
Year Built
1946
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: 3 months ago (Bright MLS #MDPG2211828)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 22, 2026 | Listed by RLAH @properties | $69,000 | |
| Listed by RLAH @properties | |||
| Jul 31, 2024 | Sold | ||
| Sold | |||
| Jul 16, 2024 | In contract | - | |
| In contract | |||
| Jun 29, 2024 | Price Decreased |
$60,000
↓ $5K
(7.7%) | |
| Price Decreased | |||
| May 17, 2024 | Listed by Compass | $65,000 | |
| Listed by Compass | |||
| | |||
Show More
Property Highlights
Exterior Details
Lot Size Area: 4349
Lot Size Units: Square Feet
Lot Size Acres: 0.1
Lot Size Square Feet: 4349
Water Source: Public
Financial Details
Tax Assessed Value: $85,000
Tax Annual Amount: $1,336
Utilities Details
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
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Asking Price
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Closing Price
Sold On
Sold On
HOA + Taxes
About Capitol Heights
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Listed by: Stefany Ramirez
RLAH @properties
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDPG2211828
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.
RLAH @properties
Last Updated: 3 hours ago
Data Source: Bright MLS , MLS# MDPG2211828
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