One-Bedroom
12319 STONEHAVEN LANE Unit S-26, Bowie, MD 20715
For Sale
$190,000
Updated kitchen appliances and fresh interior finishes complement a patio-facing living and dining area.
Property Size818 SF
Days on Market65
Property Features for 12319 STONEHAVEN LANE Unit S-26
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
community meeting room
storage
parking
secure building
Building Details
Building Size
Year Built
Listing Agency:
Weichert Realtors - Blue Ribbon
Listed By:
Colleen J Deegan-Price · License #674251
(443) 926-2944
Source:
Bradkappel
Added: Sep 6
Changed: Nov 8
Last Checked: Nov 8 at 4:05PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Weichert Realtors - Blue Ribbon
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bathroom condominium has a combined living and dining area with a sliding door to a patio facing a green area. Kitchen appliances, vinyl plank flooring, fans, and lighting are new, and the interior has been freshly painted. The unit is in a secure building within a 55+ community that offers a meeting room, storage, and parking.
Built in 1983, the property is in Bowie, Maryland. A scheduled senior bus service provides rides to appointments, shopping, the Bowie Senior Community Center, and other area destinations. The unit is being sold as is.
Built in 1983, the property is in Bowie, Maryland. A scheduled senior bus service provides rides to appointments, shopping, the Bowie Senior Community Center, and other area destinations. The unit is being sold as is.
Key Highlights
- One bedroom and one full bathroom
- Secure building in a 55+ community
- Patio overlooks a green area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,012
Cap Rate
5.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,240
$220.2K
Cap Rate 7%
$157,314
$157.3K
Cap Rate 9%
$122,356
$122.4K
Market Conditions
NOI Build-Up for 818 SF
Gross rent
$21.3K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$20.0K $24.48/SF
− OpEx
−$9.0K −$11.01/SF
NOI
$11.0K $13.46/SF
Area
Prince George's County, MD
Vacancy
6.00%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$220,240
Cap Rate 7%
$157,314
Cap Rate 9%
$122,356
Alternative Uses
Best Use
Apartment 5plus
$157.3K
$137.7K – $183.5K
NOI $11,012 @ 7.0% cap · market cap 5.80%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$263.9K
$230.9K – $307.9K
NOI $18,472 @ 7.0% cap · market cap 9.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
316
Businesses Nearby
Explore this area
Business Placement
Demographics for 20715, MD
27,127
Population
9,168
Households
3
Avg Household Size
41
Median Age
48%
College-Educated
94%
High-School Grad
14.0 sq mi
ZIP Area
1,938
Density / Sq Mi
$139,962
Median Household Income
$63,411
Median Earnings
$2,523
Median Rent
$437,600
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Prince George's County, MD
Properties on Market for Residential income properties in Prince George's County
Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen appliances and fresh interior finishes complement a patio-facing living and dining area.
Where is this residential income property located?
The property is located at 12319 STONEHAVEN LANE Unit S-26 Bowie, MD.
What is the asking price?
The asking price for this property is $190,000.
What are key features of this property?
This property features: One bedroom and one full bathroom; Secure building in a 55+ community; Patio overlooks a green area
