Two-Bedroom Residential
15706 EASTHAVEN COURT Unit 804, Bowie, MD 20716
For Sale
$239,997
Community features include a walking path, picnic area, and tot lots.
Property Size836 SF
Days on Market11
Property Features for 15706 EASTHAVEN COURT Unit 804
General Information
Standard status
Size
Property subtype
Additional Details
Highway Access
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
jog/walk path
picnic area
tot lots
wood-burning fireplace
front porch
Building Details
Building Size
Year Built
Listing Agency:
Blackwell Real Estate, LLC
Listed By:
Linda Antonini · License #643615
(410) 507-2467
Source:
Bradkappel
Added: Oct 30
Changed: Nov 8
Last Checked: Nov 8 at 4:29PM
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 Blackwell Real Estate, LLC
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Investment Insights
Based on property information with market context.
This second-floor condominium, built in 1989, has two bedrooms and two full bathrooms. The living area features vaulted ceilings, an arched window, a wood-burning fireplace offered as-is, and windows overlooking green space. The kitchen has granite countertops, stainless steel appliances, and LVP flooring. Both bedrooms offer substantial closet storage; the primary suite includes a walk-in closet and attached bath. A stackable washer and dryer are also included, and the unit has a front porch.
The community is less than a mile from Bowie Town Center, restaurants, Route 50, and commuter routes serving Baltimore, Annapolis, and Washington, DC. Community amenities include a walking path, picnic area, and tot lots. Open parking is available. The HOA covers exterior and common-area maintenance, lawn care, snow removal, and trash.
The community is less than a mile from Bowie Town Center, restaurants, Route 50, and commuter routes serving Baltimore, Annapolis, and Washington, DC. Community amenities include a walking path, picnic area, and tot lots. Open parking is available. The HOA covers exterior and common-area maintenance, lawn care, snow removal, and trash.
Key Highlights
- Two bedrooms and two full bathrooms in a second‑floor condominium
- Built in 1989
- Kitchen includes granite countertops, stainless steel appliances, and LVP flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,255
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,100
$225.1K
Cap Rate 7%
$160,786
$160.8K
Cap Rate 9%
$125,056
$125.1K
Market Conditions
NOI Build-Up for 836 SF
Gross rent
$21.8K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$20.5K $24.48/SF
− OpEx
−$9.2K −$11.01/SF
NOI
$11.3K $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%
$225,100
Cap Rate 7%
$160,786
Cap Rate 9%
$125,056
Alternative Uses
Best Use
Apartment 5plus
$160.8K
$140.7K – $187.6K
NOI $11,255 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$269.7K
$236.0K – $314.6K
NOI $18,878 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
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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 - Community features include a walking path, picnic area, and tot lots.
Where is this residential income property located?
The property is located at 15706 EASTHAVEN COURT Unit 804 Bowie, MD.
What is the asking price?
The asking price for this property is $239,997.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms in a second‑floor condominium; Built in 1989; Kitchen includes granite countertops, stainless steel appliances, and LVP flooring
