One-Bedroom Residential Income
15756 EASTHAVEN COURT Unit 605, Bowie, MD 20716
For Sale
$199,900
The apartment-style residence includes a balcony, fireplace, and compact loft.
Property Size626 SF
Days on Market59
Property Features for 15756 EASTHAVEN COURT Unit 605
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
balcony
fireplace
small loft
Building Details
Building Size
Year Built
Listing Agency:
The Real Estate Store
Listed By:
CHRYSTAL N WORTHY
(240) 695-3849
Source:
Bradkappel
Added: Sep 12
Changed: Nov 8
Last Checked: Nov 8 at 5:04PM
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 The Real Estate Store
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Investment Insights
Based on property information with market context.
This one-bedroom apartment-style residence features a balcony, a fireplace, and a small loft. The property was built in 1989 and is being offered in as-is condition.
Shopping and public transportation are nearby. The sale is subject to the Freddie Mac First Look Initiative, which restricts offer consideration during the first 30 days of listing to owner-occupant and nonprofit buyers. The property is eligible under the initiative through 10/10/2026.
Shopping and public transportation are nearby. The sale is subject to the Freddie Mac First Look Initiative, which restricts offer consideration during the first 30 days of listing to owner-occupant and nonprofit buyers. The property is eligible under the initiative through 10/10/2026.
Key Highlights
- One‑bedroom apartment‑style residence with a small loft
- Balcony and fireplace
- Built in 1989
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,428
Cap Rate
4.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$168,560
$168.6K
Cap Rate 7%
$120,400
$120.4K
Cap Rate 9%
$93,644
$93.6K
Market Conditions
NOI Build-Up for 626 SF
Gross rent
$16.3K $26.04/SF
− Vacancy
−$978 −$1.56/SF
EGI
$15.3K $24.48/SF
− OpEx
−$6.9K −$11.01/SF
NOI
$8.4K $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%
$168,560
Cap Rate 7%
$120,400
Cap Rate 9%
$93,644
Alternative Uses
Best Use
Apartment 5plus
$120.4K
$105.4K – $140.5K
NOI $8,428 @ 7.0% cap · market cap 4.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$201.9K
$176.7K – $235.6K
NOI $14,136 @ 7.0% cap · market cap 7.07%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
913
Businesses Nearby
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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 - The apartment-style residence includes a balcony, fireplace, and compact loft.
Where is this residential income property located?
The property is located at 15756 EASTHAVEN COURT Unit 605 Bowie, MD.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: One‑bedroom apartment‑style residence with a small loft; Balcony and fireplace; Built in 1989
