Third-Floor Residential Income
15683 EASTHAVEN COURT Unit 1206, Bowie, MD 20716
For Sale
$207,850
Interior updates include new carpet, fresh paint, and a loft suited to storage or office use.
Property Size780 SF
Days on Market74
Property Features for 15683 EASTHAVEN COURT Unit 1206
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private porch
loft
Building Details
Building Size
Year Built
Listing Agency:
Home Towne Real Estate
Listed By:
William J Sammons · License MD #635430
(410) 708-8858
Source:
Bradkappel
Added: Sep 2
Changed: Nov 12
Last Checked: Nov 12 at 2:43PM
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 Home Towne Real Estate
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Investment Insights
Based on property information with market context.
This third-floor residential unit has a private porch and a loft that can serve as storage or office space. Recent interior work includes new carpet and a fresh coat of paint. The property was built in 1988.
Bowie Town Center and Jerry’s Seafood are each 0.3 miles away. Allen Pond Park, with 85 acres of grounds and trails, is one mile from the property. Routes 50 and 301 provide nearby road access.
Bowie Town Center and Jerry’s Seafood are each 0.3 miles away. Allen Pond Park, with 85 acres of grounds and trails, is one mile from the property. Routes 50 and 301 provide nearby road access.
Key Highlights
- Third‑floor unit with a private porch
- Loft offers storage or office space
- New carpet and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,501
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,020
$210.0K
Cap Rate 7%
$150,014
$150.0K
Cap Rate 9%
$116,678
$116.7K
Market Conditions
NOI Build-Up for 780 SF
Gross rent
$20.3K $26.04/SF
− Vacancy
−$1.2K −$1.56/SF
EGI
$19.1K $24.48/SF
− OpEx
−$8.6K −$11.01/SF
NOI
$10.5K $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%
$210,020
Cap Rate 7%
$150,014
Cap Rate 9%
$116,678
Alternative Uses
Best Use
Apartment 5plus
$150.0K
$131.3K – $175.0K
NOI $10,501 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$251.6K
$220.2K – $293.6K
NOI $17,614 @ 7.0% cap · market cap 8.47%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
Explore this area
Business Placement
Demographics for 20716, MD
22,874
Population
9,492
Households
2.4
Avg Household Size
41
Median Age
49%
College-Educated
94%
High-School Grad
11.5 sq mi
ZIP Area
1,989
Density / Sq Mi
$122,683
Median Household Income
$66,987
Median Earnings
$2,140
Median Rent
$405,900
Median Home Value
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Market
Average Price Trend$/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 - Interior updates include new carpet, fresh paint, and a loft suited to storage or office use.
Where is this residential income property located?
The property is located at 15683 EASTHAVEN COURT Unit 1206 Bowie, MD.
What is the asking price?
The asking price for this property is $207,850.
What are key features of this property?
This property features: Third‑floor unit with a private porch; Loft offers storage or office space; New carpet and fresh paint
