11013 MAIDEN DR
About This Property
Nestled in the heart of Bowie, Maryland, this charming property offers suburban tranquility with urban convenience. The well-manicured lawn and mature trees create inviting curb appeal, while the spacious interior is flooded with natural light, highlighting the large windows throughout. The home features separate living, dining, and kitchen areas, providing comfortable spaces for everyday living. The kitchen boasts modern appliances and ample cabinet space. The master bedroom includes an en-suite bathroom, offering a private retreat. Additional bedrooms provide space for family or guests. The basement includes a fitting for a second half bath, offering potential for customization. For added convenience, the home is wired for smart technology, allowing control of lights, heating, and the security system via phone. The backyard is a gardener's paradise, perfect for outdoor gatherings and entertaining. The shed is fully electric, providing additional utility. The neighborhood is vibrant, with cherry blossoms blooming in early spring. Conveniently located near major highways such as I-95, I-495, and Route 50, as well as shopping centers like Bowie Town Center, offering a variety of dining and entertainment options, including the Bowie Performance Center and Magic Johnson movie theater. This home offers not just comfort, but a lifestyle tailored to modern living in Bowie, Maryland.
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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 |
|---|---|---|---|
| Jun 28, 2024 | Sold | ||
| Sold | |||
| May 31, 2024 | In contract | - | |
| In contract | |||
| May 14, 2024 | Price Decreased |
$535,000
↓ $15K
(2.7%) | |
| Price Decreased | |||
| Apr 25, 2024 | Listed by Keller Williams Capital Properties | $550,000 | |
| Listed by Keller Williams Capital Properties | |||
| Feb 23, 2022 | Sold | ||
| Sold | |||
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About Mitchellville
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017