Two-Bedroom, Two-Bath
12800 LIBERTYS DELIGHT DRIVE Unit 306, Bowie, MD 20720
For Sale
$400,000
Top-floor residence with a private balcony, in-unit laundry, elevator access, and assigned parking.
Property Size1,696 SF
Days on Market105
Property Features for 12800 LIBERTYS DELIGHT DRIVE Unit 306
General Information
Standard status
Size
Elevators
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
in-unit laundry
secure building entry
private balcony
clubhouse
fitness center
outdoor swimming pool
tennis courts
walking trails
playgrounds
green spaces
Building Details
Building Size
Year Built
Listing Agency:
Redfin Corp
Listed By:
Richard Mitchell · License MD #304377
(240) 508-5612
Source:
Bradkappel
Added: Aug 2
Changed: Nov 12
Last Checked: Nov 12 at 2:15PM
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 Redfin Corp
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Investment Insights
Based on property information with market context.
This top-level condominium offers two bedrooms and two full baths, with an open layout connecting the kitchen, dining, and living areas. Hardwood flooring spans the main living spaces. The kitchen includes ample cabinetry, generous counter space, and a breakfast bar. The primary bedroom has a walk-in closet and en-suite bath; the second bedroom is served by a separate full bath. A private balcony, in-unit laundry, and storage add to the unit’s practical features, while the building provides elevator access, secure entry, and assigned parking. Built in 2006, the property is part of a community with a clubhouse, fitness center, outdoor pool, tennis courts, walking trails, playgrounds, and landscaped green areas.
The condominium is near Bowie Town Center and Allen Pond Park, as well as shopping, dining, and entertainment. Routes 50 and 301 and I-495 provide regional connections to Washington, D.C., Annapolis, Fort Meade, NSA, and BWI Airport.
The condominium is near Bowie Town Center and Allen Pond Park, as well as shopping, dining, and entertainment. Routes 50 and 301 and I-495 provide regional connections to Washington, D.C., Annapolis, Fort Meade, NSA, and BWI Airport.
Key Highlights
- Two bedrooms and two full baths in a top‑level condominium
- Private balcony, walk‑in closet, and en‑suite bath
- Kitchen with breakfast bar, ample cabinetry, and generous counter space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,833
Cap Rate
5.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,660
$456.7K
Cap Rate 7%
$326,186
$326.2K
Cap Rate 9%
$253,700
$253.7K
Market Conditions
NOI Build-Up for 1,696 SF
Gross rent
$44.2K $26.04/SF
− Vacancy
−$2.6K −$1.56/SF
EGI
$41.5K $24.48/SF
− OpEx
−$18.7K −$11.01/SF
NOI
$22.8K $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%
$456,660
Cap Rate 7%
$326,186
Cap Rate 9%
$253,700
Alternative Uses
Best Use
Apartment 5plus
$326.2K
$285.4K – $380.6K
NOI $22,833 @ 7.0% cap · market cap 5.71%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$547.1K
$478.7K – $638.3K
NOI $38,299 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
Demographics for 20720, MD
25,702
Population
8,658
Households
3
Avg Household Size
41
Median Age
59%
College-Educated
95%
High-School Grad
14.7 sq mi
ZIP Area
1,748
Density / Sq Mi
$162,976
Median Household Income
$72,998
Median Earnings
$3,162
Median Rent
$545,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - Top-floor residence with a private balcony, in-unit laundry, elevator access, and assigned parking.
Where is this residential income property located?
The property is located at 12800 LIBERTYS DELIGHT DRIVE Unit 306 Bowie, MD.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Two bedrooms and two full baths in a top‑level condominium; Private balcony, walk‑in closet, and en‑suite bath; Kitchen with breakfast bar, ample cabinetry, and generous counter space
