8700 50TH PLACE
About This Property
Down the hall, you'll find three generous bedrooms and a full bathroom with retro-inspired wallpaper, new vanity, and classic tile that adds character. The finished lower level expands the home's livability with a large recreation room anchored by a wood-burning fireplace-perfect for family gatherings or movie nights. A separate den and well appointed full bathroom provides the ideal space for a home office, studio, or guest suite. Notable improvements include a new roof (2013) with a 25-year warranty, new water heater, fresh interior paint, and refinished hardwood floors-ensuring peace of mind for years to come.
Outside, the expansive corner lot and storage shed with electricity offers endless potential for gardening, play, workshop or future outdoor enhancements. Ideally located, this home provides easy access to I-495 and Route 193, as well as neighborhood parks, trails, the University of Maryland, restaurants, and conveniences-all just minutes from your door. Meticulously cared for and rich in character, 8700 50th Place is a rare find where mid-century charm meets modern comfort in the heart of College Park.
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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 |
|---|---|---|---|
| May 18, 2026 | Sold | ||
| Sold | |||
| Apr 16, 2026 | In contract | - | |
| In contract | |||
| Apr 12, 2026 | No longer available | - | |
| No longer available | |||
| Mar 24, 2026 | Relisted | $474,000 | |
| Relisted | |||
| Mar 13, 2026 | In contract | - | |
| In contract | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017