Ground-Floor Residential
15815 EASTHAVEN COURT Unit 208, Bowie, MD 20716
For Sale
$235,000
The association handles exterior and common-area upkeep, lawn care, snow removal, and trash service.
Property Size858 SF
Days on Market155
Property Features for 15815 EASTHAVEN COURT Unit 208
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Public Transit
Units
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
CENTURY 21 New Millennium
Listed By:
Virginia Stephenson · License #609242
(301) 706-0189
Source:
Bradkappel
Added: Jun 8
Changed: Nov 8
Last Checked: Nov 8 at 5:45PM
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 CENTURY 21 New Millennium
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Investment Insights
Based on property information with market context.
This ground-level condominium at Vistas at Bowie New Town Center has two bedrooms and two bathrooms. Multiple windows bring in natural light and views of greenery. The building dates to 1989, and the association manages exterior and shared-area maintenance, lawn care, snow removal, and trash removal. Open parking is available, with two parking tags assigned to each unit.
Bowie Town Center, restaurants, banks, and the Community Recreation Center are about one mile away. Bowie State University and the MARC Train are also nearby, with Routes 50 and 301 accessible from the area.
Bowie Town Center, restaurants, banks, and the Community Recreation Center are about one mile away. Bowie State University and the MARC Train are also nearby, with Routes 50 and 301 accessible from the area.
Key Highlights
- Ground‑floor condominium with two bedrooms and two bathrooms
- Two parking tags per unit; open parking
- Association covers exterior and common‑area maintenance, lawn care, snow removal, and trash removal
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,551
Cap Rate
4.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,020
$231.0K
Cap Rate 7%
$165,014
$165.0K
Cap Rate 9%
$128,344
$128.3K
Market Conditions
NOI Build-Up for 858 SF
Gross rent
$22.3K $26.04/SF
− Vacancy
−$1.3K −$1.56/SF
EGI
$21.0K $24.48/SF
− OpEx
−$9.5K −$11.01/SF
NOI
$11.6K $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%
$231,020
Cap Rate 7%
$165,014
Cap Rate 9%
$128,344
Alternative Uses
Best Use
Apartment 5plus
$165.0K
$144.4K – $192.5K
NOI $11,551 @ 7.0% cap · market cap 4.92%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$276.8K
$242.2K – $322.9K
NOI $19,375 @ 7.0% cap · market cap 8.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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
$405,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/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 - The association handles exterior and common-area upkeep, lawn care, snow removal, and trash service.
Where is this residential income property located?
The property is located at 15815 EASTHAVEN COURT Unit 208 Bowie, MD.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Ground‑floor condominium with two bedrooms and two bathrooms; Two parking tags per unit; open parking; Association covers exterior and common‑area maintenance, lawn care, snow removal, and trash removal
