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7503 Princeton Ave, College Park, MD, 20740

5beds
2baths
1,710sqft
$900,000
$526price/sqft
$6,421/moest. monthly cost
$256,840/yrincome needed

About This Home

Incredible Investment opportunity at the University of Maryland in College Park. This 5 Bedroom & 2 full bath Colonial sits on a prime lot with a fully fenced rear yard and parking for over 6 cars. This home has enjoyed an incredible rental history and is currently rented for the Fall 24/Spring 25 year. The property is well-maintained and updated, making it an attractive option for investors looking for a turnkey rental property. Don't miss out on this fantastic opportunity to own a lucrative rental property near the University of Maryland! Contact us today for more information.

Getting Around

85
WalkingVery Walkable
60
TransitGood Transit
95
BikeBiker's Paradise

Schools

2/10
1/10
2/10
Northwestern High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1939

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Water Heater

Basement

  • Area: 676

Basement

  • Has basement: Yes
  • Basement: Other

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 5

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,710

Heating & Cooling

  • Heating features: Other
  • Cooling features: Other

Interior Area

  • Total structure area: 2,386
  • Total interior livable area: 1,710 sqft

Property

Accessibility

  • Accessibility features: Accessible Doors

Details

  • Parcel number: 17212343358
  • Zoning: RSF65
  • Special condition: Standard

Features

  • Levels: Three
  • Stories: 3
  • Pool features: None

Lot

  • Lot size: 6,939 sqft

Parking

  • Parking features: Driveway,On Street
  • Has uncovered spaces: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Lightning
    LightningVery High
  • Winter Weather
    Winter WeatherVery High
  • Heat Wave
    Heat WaveRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Strong Wind
    Strong WindRelatively High
  • Tornado
    TornadoRelatively High
  • Cold Wave
    Cold WaveModerate
  • Hail
    HailModerate
  • Hurricane
    HurricaneModerate
  • Ice Storm
    Ice StormModerate

How This Home’s Risks Compare

Lightning
Winter Weather
Heat Wave
Inland Flooding
Strong Wind
Tornado
Cold Wave
Hail
Hurricane
Ice Storm

FEMA Declared Disasters Across Maryland Counties

Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $4,550$54,600
Home Insurance *$282$3,384
Property Taxes $1,308$15,696
Electricity $281$3,374
Total$6,421$77,052
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$220,148/yr
40% on housing$192,630/yr
45% on housing$171,226/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -0.7%
-0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$526This listing

vs Other Active Listings

Avg $/sqft

ZIP 20740$221
Prince George's County$185

vs Homes Sold Last Month

Median $/sqft

ZIP 20740$251
Prince George's County$231

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2025-05-20Price change$900,000
2024-05-15Listed for sale$995,000
2019-11-04Sold$750,000
2001-07-12Sold$122,408

For Sale by Agent

AgentJT Triandafilou
BrokerageRory S. Coakley Realty, Inc.

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