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10308 BALD HILL ROAD
About This Property
A standout feature is the main-level in-law suite with its own separate entrance, kitchenette, and full bathroom-ideal for extended family, guests, or exploring potential rental use. The finished basement also offers an exterior entrance, a fireplace, and a full bathroom, creating even more possibilities. Rental use is subject to applicable county requirements and approvals.
The main level offers inviting living and dining rooms and a kitchen renovated approximately four years ago, featuring stainless steel appliances, generous cabinetry, and ample workspace. Upstairs, three bedrooms, a full bathroom, and warm wood flooring provide comfortable everyday living. A finished storage room on the lower level adds useful bonus space for hobbies, a home gym, or organization.
Outside, a low-maintenance deck and patio invite weekend cookouts, outdoor dining, and relaxing evenings overlooking a backyard framed by mature trees. A neighborhood park with a playground and tennis court is just down the street, with a golf course nearby.
Major updates add to the appeal: HVAC replaced in 2024, new windows installed in 2025, a water heater replaced in 2023, and roof and siding replaced approximately six years ago. Additional features include a 200-amp main electrical panel, a supplemental panel, and an electric-vehicle charger in the driveway.
Enjoy convenient access to shopping and dining, including Wegmans, Costco, Nordstrom Rack, HomeGoods, and Home Depot. Nearby transit options include Blue and Silver Line service at Largo Metro and Orange Line, MARC, and Amtrak connections at New Carrollton. With easy access to Route 50 and the Capital Beltway, this Bowie home brings together space, convenience, and possibilities. Come see how it can work for you!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 5, 2026 | Price Decreased |
$470,000
↓ $23K
(4.6%) | |
| Price Decreased | |||
| Oct 16, 2026 | Price Decreased |
$492,500
↓ $3K
(0.5%) | |
| Price Decreased | |||
| Sep 9, 2026 | Relisted | $495,000 | |
| Relisted | |||
| Sep 4, 2026 | In contract | - | |
| In contract | |||
| Aug 27, 2026 | Listed by RLAH @properties | $495,000 | |
| Listed by RLAH @properties | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017