Live Auction Nov 7 1PM - 5PM EST, 2026
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Online Auction

703 59th Ave

Capitol Heights, MD 20743
$126,753 Starting Bid
3Beds1Baths1,180Sq. Ft.

Auction Starts In

0
Hours
0
Mins
0
Secs
Starting Bid$126,753
Bid Increment
$1,000
Reserve
Coming soon
Sold
Not yet
REO Bank Owned
Built in 1915
$155,118 Market estimate
1,180 Sq Ft
$2,277 Estimated rent

Home value

Market estimate
$155,118
Estimated Monthly Rent
$2,277

About this Property

This single family home is located at 703 59th Ave in Capitol Heights, MD, offering 3 bedrooms and 1 bathroom. The residence features 1180 sq ft of living space on a 3250 sq ft lot, built in 1915....

This 3 bedroom, 1 bathroom property is located in Capitol Heights, MD. With 1,180 square feet and built in 1915, this property presents a great opportunity for investors and home buyers alike.

What this place offers

3 Bedrooms
1 Bathrooms
1,180 sqft
3,250 SqFt
Built in 1915
0 Total spaces
None
N/A

Key Features

Cash Only
Eviction Partner

Documents

Preliminary Report

Listing Agent Info

Danny Register

410-531-0321
Brokerage
Northrop Realty
Managing Broker
Danny Register

Register to view Agent's Details

703 59th Ave

Capitol Heights, MD 20743

3 bed•1 bath•1,180 Sq. Ft.

Purchase Price

$27,323

Net Annual Cash Flow

+$2,277/mo

Income
Gross Annual Rent
$2,277/mo × 12 — rental estimate from Vihara Analytics · Oct 2026
$27,324
Vacancy Loss
Gross rent × 0% vacancy rate. Adjust below. Oakland avg ~5%.
−$0
Net Annual Revenue
Gross rent minus vacancy loss
$27,324
Expenses
Property Tax
Annual property tax from Alameda County assessor records via Vihara Analytics (2026)
−$1
HOA Dues
$0/mo × 12 — from listing data (Victoria Court HOA)
−$0
Property Management
Net revenue × 0% — industry standard for long-term rental management. Adjust below.
−$0
Maintenance Reserve
Purchase price × 0% — standard reserve for repairs & upkeep. Adjust below.
−$0
Total Expenses
Property Tax + HOA + Management + Maintenance
−$1
Net Cash Flow
Annual Net Cash Flow
Net Revenue − Total Expenses
$27,323
Source: Vihara Analytics · 2026

$31,689

Total Cash Required

to close this deal

Cash at Closing
Down Payment
Purchase price × 20% — adjust below
$25,351
Closing Costs
Purchase price × 5% — standard estimate for CA. Adjust below.
$6,338
Total Required
Down Payment + Closing Costs
$31,689
Adjust Assumptions
Down Payment
% of purchase price paid upfront. Typical: 20–25% for investment properties.
%
Closing Costs
% of purchase price. California avg: 2–4%. Includes title, escrow, transfer tax.
%
Vacancy Rate
% of year property sits vacant. Oakland market avg ~5%. Affects net revenue.
%
Mgmt Fee
% of net rent paid to property manager. Industry standard: 8–12% for LTR.
%
Maintenance
% of purchase price reserved annually for repairs. Rule of thumb: 1% per year.
%

Capitol Heights Market Context

Market factors used to inform your calculation assumptions

Market Vacancy Rate
Capitol Heights rental vacancy rate per U.S. Census ACS 2023. Your default assumption of 5% is slightly conservative — a reasonable buffer for investor planning. Source: U.S. Census Bureau ACS 2023
~4.2%Capitol Heights rental market
Price vs. Market estimate
Purchase price $126,753 vs Vihara Analytics estimated value $155,118. A purchase below estimated value provides a built-in equity cushion. Source: Vihara Analytics · Oct 2026
18% belowEst. value $155,118
Avg Days on Market
Properties in Capitol Heights sit on market for 58 days on average. Higher DOM can indicate negotiation leverage for buyers. Source: Vihara Analytics · Oct 2026
58 daysCapitol Heights market
Rent-to-Price Ratio
$2,277 monthly rent ÷ $126,753 purchase price. Capitol Heights market avg is ~0.5–0.7%. Above 0.7% is considered strong for this market. Source: Vihara Analytics · Oct 2026
1.80%Monthly rent ÷ purchase price

⚠️ Market factors are estimates based on available data and public records. They inform but do not replace professional investment advice.

$27,324

Projected Annual Revenue

Monthly rent of $2,277 with 0% vacancy rate accounts for the net annual revenue projection.

Monthly Rent$2,277
Annual Revenue (Gross)$27,324
Vacancy Rate0%
Annual Revenue (Net)$27,324
Source: Vihara Analytics · 2026

Investment Metrics

Cap Rate
Annual Rent ÷ Purchase Price × 100
+21.56%
Cash on Cash Return
Monthly Rent ÷ Purchase Price × 100
+86.22%
Purchase Price
Current bid or starting bid from auction listing
$126,753

Comparable Sales

Comparable sales data not available for this location.

Property Tax Assessment

Annual property tax information for 2026. This data is sourced from county tax assessor records.

Annual Property Tax

2026
$1
Monthly Estimate$0

Assessed Value

2026
$226,105
Effective Tax Rate0.00%

Important: Property tax information is sourced from county tax assessor records and public property databases. Actual tax amounts may vary based on exemptions, special assessments, and other local factors. Please verify with your county tax assessor for the most current information.

Source: Vihara Analytics · 2026