40
Map
$494,000
●
House -
In Contract
9035 48TH PLACE
COLLEGE PARK, MD 20740
5 Beds
3 Baths
2,800 Ft²
$3,039
Est. Monthly
About This Property
Bring ALL offers! Motivated seller!! Beautifully Renovated
5-Bedroom, 3-Bath Home with Special Financing Opportunities in
College Park!
Welcome home to this spacious and beautifully renovated five-bedroom, three-full-bath residence in one of College Park's most convenient and desirable locations. Featuring three finished levels, stunning hardwood floors, and a sun-filled, level backyard, this home offers exceptional space, comfort, and value.
The updated kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, gas cooking, and a generous dining area perfect for family gatherings and hosting guests. Throughout the home, you'll find quality finishes, abundant natural light, and a flexible floor plan that accommodates a variety of living arrangements.
Outdoor living is equally impressive with not one, but two large covered patios-ideal for relaxing, entertaining, or enjoying the outdoors in any season. With five spacious bedrooms and three full bathrooms, there is plenty of room for family, guests, home offices, or multi-generational living.
Major recent improvements include a fully renovated interior and a newer heating and cooling system, providing peace of mind and modern comfort.
Parking is a rare bonus, with a large private parking pad offering ample off-street parking for multiple vehicles and guests.
Location is everything, and this home delivers. Conveniently situated near the University of Maryland, Metro and public transportation, shopping, dining, parks, and major commuter routes, you'll enjoy easy access to Washington, D.C., Baltimore, and surrounding employment centers.
Even better, buyers may qualify for valuable homeownership assistance programs, including the Live + Work College Park Program, offering a $20,000 forgivable loan for eligible full-time employees working in College Park, and the New Neighbors Homeownership Grant, providing $5,000 to $20,000 toward down payment and closing costs for qualified buyers. These incentives may also be combined with other Maryland homebuyer assistance programs.
A rare opportunity to own a fully renovated, move-in-ready home with abundant living space, exceptional parking, outdoor entertaining areas, and attractive financial incentives. This is truly one of the best values currently available in College Park.
Welcome home to this spacious and beautifully renovated five-bedroom, three-full-bath residence in one of College Park's most convenient and desirable locations. Featuring three finished levels, stunning hardwood floors, and a sun-filled, level backyard, this home offers exceptional space, comfort, and value.
The updated kitchen is designed for both everyday living and entertaining, featuring stainless steel appliances, gas cooking, and a generous dining area perfect for family gatherings and hosting guests. Throughout the home, you'll find quality finishes, abundant natural light, and a flexible floor plan that accommodates a variety of living arrangements.
Outdoor living is equally impressive with not one, but two large covered patios-ideal for relaxing, entertaining, or enjoying the outdoors in any season. With five spacious bedrooms and three full bathrooms, there is plenty of room for family, guests, home offices, or multi-generational living.
Major recent improvements include a fully renovated interior and a newer heating and cooling system, providing peace of mind and modern comfort.
Parking is a rare bonus, with a large private parking pad offering ample off-street parking for multiple vehicles and guests.
Location is everything, and this home delivers. Conveniently situated near the University of Maryland, Metro and public transportation, shopping, dining, parks, and major commuter routes, you'll enjoy easy access to Washington, D.C., Baltimore, and surrounding employment centers.
Even better, buyers may qualify for valuable homeownership assistance programs, including the Live + Work College Park Program, offering a $20,000 forgivable loan for eligible full-time employees working in College Park, and the New Neighbors Homeownership Grant, providing $5,000 to $20,000 toward down payment and closing costs for qualified buyers. These incentives may also be combined with other Maryland homebuyer assistance programs.
A rare opportunity to own a fully renovated, move-in-ready home with abundant living space, exceptional parking, outdoor entertaining areas, and attractive financial incentives. This is truly one of the best values currently available in College Park.
Unit Size
2,800 Ft²
Days on Market
-
Land Size
0.13 acres
Price per sqft
$176
Property Type
House
Property Taxes
$613
HOA Dues
-
Year Built
1943
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: 3 months ago (Bright MLS #MDPG2205840)
Price History
Property Highlights
Air Conditioning
Parking Details
Parking Features: Concrete Driveway, Free, Paved Driveway, Paved Parking, Surface
Interior Details
Full Bathrooms: 3
Interior Features: Breakfast Bar, Crown Molding, Eat-in Kitchen, Recessed Lighting, Other, Floor Plan - Traditional, Attic, Bathroom - Stall Shower, Bathroom - Tub Shower, Carpet, Chair Railings, Dining Area, Entry Level Bedroom, Floor Plan - Open, Kitchen - Country, Kitchen - Gourmet, Primary Bath(s), Upgraded Countertops, Wood Floors
Appliances: Dishwasher, Disposal, Dryer, Range Hood, Electric Oven, Stainless Steel Appliance(s), Microwave, Gas Oven, Washer, Water Heater, Six Burner Stove
Flooring Type: Wood, Carpet, Ceramic Tile, Luxury Vinyl Plank
Door Features: Six Panel
Basement: Daylight, Full, Finished, Sump Pump, Other, Heated, Improved, Interior Access, Outside Entrance, Side Entrance, Space For Rooms, Walkout Stairs, Windows
Exterior Details
Square Footage: 2800
Square Footage Source: $0
Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Main Entrance Lock
Property Condition: Excellent
Architectural Style: Cape Cod
Year Built Source: Assessor
Year Built: 1943
Levels: 3.5
Other Structures: Above Grade, Below Grade
Window Features: Screens, Replacement
Construction Materials: Brick, Brick Front
Patio and Porch Features: Deck, Porch, Balconies- Multiple
Lot Features: Cleared, Front Yard, Level, Other, Landscaping, Open, Rear Yard, SideYard(s), Road Frontage
Lot Size Area: 5500
Lot Size Units: Square Feet
Lot Size Acres: 0.13
Lot Size Square Feet: 5500
Tax Lot: 11
Water Source: Public
Financial Details
Tax Assessed Value: $425,500
Tax Annual Amount: $7,360
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Central, Programmable Thermostat
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: Jeffrey M Berman
RE/MAX Realty Group
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDPG2205840
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.
RE/MAX Realty Group
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDPG2205840
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