Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

712 61st Ave, Capitol Heights, MD, 20743

6beds
3baths
3,000sqft
$332,500
$111price/sqft
$2,510/moest. monthly cost
$100,400/yrincome needed

About This Home

Investor Alert – New Construction Property Flip -Over $150,000 in Profit | New Construction Opportunity | One Block from Washington, DC. This new constucction property is 50% completed and sold as is, about $80,000 needed to finish construction after purchuse. Exceptional investment opportunity just one block from Washington, DC. This new construction project is already well underway with permits approved, utilities installed, foundation completed and inspected, plumbing groundworks completed and inspected and framing almost done. Upon completion, the property will feature a 3,000 sq ft, two-level home with 6 bedrooms and 3 bathrooms, designed as a two-unit style layout ideal for multi-generational living or rental income. Each level will include approximately 1,500 sq ft of living space, featuring: 3 spacious bedrooms 1–2 full bathrooms Full kitchen Living room Laundry area Separate entrances and exits for each level Large Driveway for 2-3 cars. This flexible layout allows an owner to live in one unit and rent the other for strong cash flow, or rent both levels for maximum investment return. The property sits on a flat, cleared lot on a quiet suburban street, offering privacy while still being steps from the DC boundary. Project Status & Investment Highlights: SOLD AS IS Permits active and current Foundation completed and inspected Plumbing groundworks completed and inspected Framing will be delivered completed No stop-work orders Floor plans and permits available Estimated construction completion: 4–5 weeks Estimated Costs to Complete: Approx. $80,000-$100,000 to finish construction Buyers may bring their own contractor or use the current construction team to complete the build. Projected Value: Comparable new construction homes in the area are selling for approximately $600,000, creating the potential for over $150,000 in equity upon completion. Property sold as-is with active permits and approved plans, foundation and plumbing done only. No HOA or HOA Rules. Several blocks from metro. All information and project documentation available for verification. Cash, Hard Money or Construction Loans Only. Please inquire, many more lots and floors plans available.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

1/10
3/10
2/10

Construction

Condition

  • Property condition: Excellent
  • New construction: Yes
  • Year built: 2026

Materials

  • Foundation: Concrete Perimeter
  • Construction materials: Advanced Framing

Type & Style

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

Interior

Appliances

  • Appliances included: Electric Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 3
  • Full bathrooms: 3
  • Main level bathrooms: 1
  • Main level bedrooms: 3

Features

  • Finished area below ground: 0
  • Finished area above ground: 3,000

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 3,000
  • Total interior livable area: 3,000 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 17182065852
  • Zoning: RSF65
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Pool features: None

Lot

  • Lot size: 5,750 sqft

Parking

  • Parking features: Driveway
  • 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

  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Winter Weather

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 $1,681$20,172
Home Insurance *$154$1,848
Property Taxes $293$3,516
Electricity $382$4,586
Total$2,510$30,120
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$86,057/yr
40% on housing$75,300/yr
45% on housing$66,933/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

$111This listing

vs Other Active Listings

Avg $/sqft

ZIP 20743$153
Prince George's County$186

vs Homes Sold Last Month

Median $/sqft

ZIP 20743$248
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
2026-08-03Listed for sale$332,500
2026-07-29Contingent$332,500
2026-06-30Price change$329,995
2026-06-20Price change$335,000
2026-05-25Price change$339,500
2026-05-18Price change$355,000
2026-05-13Price change$359,998
2026-05-02Pending sale$239,995
2026-04-20Listed for sale$239,995
2026-03-27Listing removed$110,000
2026-02-25Price change$110,000
2026-01-29Price change$129,000
2025-12-01Price change$137,500
2025-10-30Listed for sale$145,000

New Construction

AgentAlicia Hines
BrokerageTaylor Properties

Similar Homes