403 Rollins Avenue Capitol Heights, MD $ 325,000
403 Rollins Avenue
$ 325,000
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403 Rollins Avenue

Capitol Heights, MD, 20743
$ 325,000
Baths0.0

Monthly Estimate*

$ 2,052

403 Rollins Avenue, Capitol Heights, MD 20743 - Image 1
Studio

Single Family Home for sale in Capitol Heights, MD

for $325,000. This home was built in 1600 on a lot size of 0.62.

Three contiguous residential parcels on Rollins Avenue are being offered together as a development assemblage, creating an unusual infill opportunity minutes from recently completed townhouse development. The combined Rollins Avenue property contains approximately 1.9 acres and appears well suited for investigation as a townhouse development site. Based on preliminary site analysis, a working concept of approximately 1618 townhouse residences appears reasonable, subject to engineering, subdivision, zoning, utility, environmental and governmental approvals. Higher-density configurations may be possible and should be independently investigated by prospective developers. The assemblage combines 315, 401 and 403 Rollins Avenue, three contiguous parcels with substantial frontage along Rollins Avenue. Taken together, the properties provide considerably greater development flexibility than the parcels would provide individually. The surrounding market already demonstrates demand for housing approximately the size contemplated here. Recent nearby townhouse sales identified in our preliminary market work include approximately $410,000 for 1,520 SF, $421,000 for 1,536 SF, $449,999 for 1,520 SF, and $450,000 for 1,672 SF. Against those comparables, a working assumption of approximately $435,000 for a newly constructed 1,600-SF residence provides a reasonable starting point for developer underwriting rather than relying upon an unusually aggressive retail price. At an illustrative 18 units: 18 $435,000 = $7,830,000 potential gross sellout An indicative $950,000 acquisition price represents approximately 11.5% of projected gross sellout, or approximately $50,000 in land acquisition cost per potential dwelling unit. Our working concept assumes approximately 1618 townhouse residences of approximately 1,600 SF each, configured as multi-level homes with an estimated 800900 SF ground-level building footprint per residence. At 18 residences, the estimated combined residential building footprint would therefore be approximately: 18 800900 SF = 14,40016,200 SF Against approximately 1.9 acres, or roughly 83,000 SF of land, that represents only approximately 1720% preliminary building coverage. The remaining land would be available for the considerably larger site-planning requirements associated with development: internal circulation, approximately 2.3 parking spaces per dwelling, visitor parking, sidewalks, setbacks, stormwater management, utilities, landscaping and common/open areas. This is deliberately a moderate-density working concept rather than an attempt to maximize theoretical unit count. A developer's civil engineer and land planner may identify a more efficient configuration. $950,000 Three Rollins Avenue Parcels Sold as One Assemblage The owner's objective is straightforward: offer a developer control of three contiguous Rollins Avenue properties in a single transaction, rather than marketing the properties independently. The opportunity is the combination of contiguous ownership, substantial Rollins Avenue frontage, RSF-A zoning, nearby evidence of $400,000+ townhouse values, and sufficient acreage to investigate a meaningful infill residential development. Offered as an assemblage. Developer due diligence required. All proposed unit counts, layouts, values, building footprints and development concepts are preliminary and subject to independent verification and applicable zoning, subdivision, engineering, environmental, utility and governmental approvals.

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Single Family Active

Price

$ 325,000

Bedrooms

Studio

Property Type

Single Family

Taxes

$ 979

Style

Lot Size

0.62

Year Built

1600

Town/City

Capitol Heights

County/Region

Prince Georges

MLS | Web ID

MDPG2217260

Features
General
Living Area 0
Sewer Public Sewer
Heating None
Cooling None
Possession Settlement
Zoning RSFA
Architectural Style Other
Construction Materials Other
School District Prince George's County Public Schools
Year Built 1600
Levels 1
Tax Year 2026
Ownership Fee Simple
Cool Fuel None
Accessibility None
County PRINCE GEORGES
New Construction N
Property Type Residential
HOA N
Subdivision Name FOREST HGTS 18
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Total Rooms 0
Full Baths 0
Status ACTIVE
Directions 10 minute walk to Addison Road Metro.
City CAPITOL HEIGHTS
Disclosures None
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 27087.00
Tax Annual Amount 979.0
Home Warranty Y/N N
Structure Type Other
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 0.00
Acceptable Financing Cash
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Association Recreation Fee N
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Interior
Interior Amenities Other
Heating Fuel None
Hot Water None
Basement (Y/N) N
Above Grade Finished Area 0
Half Baths 0
Central Air Y/N N
Total Bedrooms 0
Main Level Bedrooms 0
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 0
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Exterior
Pool No Pool
Water Source Public
Type of Parking None
Water View Y/N N
Lot Size Acres 0.62
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 76600.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 403
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* Excluded Features
List By
Weichert, Realtors

Broker

reggierealtor2020@gmail.com

Email

Affordability Calculator

$2,134
Per Month
96%
4%
0%
Monthly Principal & Interest
$2,052
Monthly Property Taxes
$82
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533191 Elementary School
3533252 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
8/28/2026$325,000 Listed Price

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403 Rollins Avenue, Capitol Heights, MD, 20743 is a Single Family Home for sale at $325,000 with a lot size of 0.62. 403 Rollins Avenue is a studio with 0.0 baths and was built in 1600. The property's zip code is 20743 which is in Capitol Heights, MD