$340,000
●
House -
Off Market
9522 FRANKLIN AVE
LANHAM, MD 20706
2 Beds
1 Bath
1,060 Ft²
$1,670
Est. Monthly
About This Property
Nestled on a quiet street, bathed in afternoon sunlight, sits this
charming little house. Though compact, it exudes a solid presence.
Step inside, and you're greeted by warmth and the vintage character
of knotty pine. Sunlight streams through the windows. The cozy
living room begs for evenings curled up by the wood-burning
fireplace. The kitchen, though compact, holds the promise of
delicious meals. The bedrooms are havens of peace, with ample
closets and bright windows. The house sits on a massive lot -
imagine raised garden beds overflowing with vegetables, miles of
flower beds, or even a firepit crackling under a star-studded sky.
The detached garage/workshop stands at the back, promising space
for tinkering, creating, or simply storing life's treasures. This
little house may not be perfect, but with a little love and some
thoughtful updates, it can transform into a dream home, perfectly
reflecting your unique style and spirit.
Unit Size
1,060 Ft²
Days on Market
-
Land Size
0.52 acres
Price per sqft
$321
Property Type
House
Property Taxes
$234
HOA Dues
-
Year Built
1954
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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 years ago (Bright MLS #MDPG2103960)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 5, 2024 | Sold | ||
| Sold | |||
| Feb 27, 2024 | In contract | - | |
| In contract | |||
| Feb 15, 2024 | Listed by Douglas Realty, LLC | $340,000 | |
| Listed by Douglas Realty, LLC | |||
Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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Baths
ft²
Price/ft²
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Asking Price
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Sold On
HOA + Taxes
About Lanham - Seabrook
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Listed by: Leslie Albertson
Douglas Realty, LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDPG2103960
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.
Douglas Realty, LLC
Last Updated: 9 hours ago
Data Source: Bright MLS , MLS# MDPG2103960
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