$325,000
●
House -
Off Market
1205 PENNINGTON LANE
BOWIE, MD 20716
3 Beds
2 Baths
$520,676
RealtyHop Estimate
57.78%
Since Feb 1, 2018
National-US
Primary Model
About This Property
Great flow open floor plan Devon model! Secluded garden setting.
Foyer closets hold all your coats & bags. DR & LR allow for great
entertaining. Lovely FR off eat-in kitchen has gas fireplace. Solar
panels save on electric bill. Sunroom leads to big fenced yard with
shed & seating area for fun times. Garage totally organized with
special system. Near Pointer Ridge Shopping Center & post office.
Unit Size
-
Days on Market
-
Land Size
0.35 acres
Price per sqft
-
Property Type
House
Property Taxes
$371
HOA Dues
-
Year Built
1969
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Last updated: 6 months ago (Bright MLS #1000036325)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2024 | Sold | ||
| Sold | |||
| Jul 5, 2024 | In contract | - | |
| In contract | |||
| Jun 28, 2024 | Listed by Bennett Realty Solutions | $490,000 | |
| Listed by Bennett Realty Solutions | |||
| | |||
|
This wonderful Devon Rambler boosts a 3 Br, 2 BA, 2-car side entry garage, on a large corner lot surrounded in privacy by landscaping and a fence backyard. One level living in the poplar Pointer Ridge subdivision of Bowie. Enter the home from the covered patio into a spacious open concept living (w/pool table that will convey with the home) and dining room. Just off the dining room you'll find an updated kitchen with a breakfast nook and sliding doors to the large Sunroom, that bring in tons of natural light and give you easy access to your backyard. The family room sits just off the dining room and features a brick fireplace. On the opposite side of the home and down the hall are two secondary bedrooms, the hall bathroom, and the large primary bedroom with an ensuite bathroom. All three of the bedrooms are generous in size. There's a tub in the hall bathroom and the primary bathroom has a walk in shower. The laundry room is just off the kitchen and has a door for access to your 2 car garage. Water heater was replaced in 2024. Buyer to take over Solar Lease.
| |||
| Feb 8, 2018 | Sold | ||
| Sold | |||
| Sep 2, 2017 | Listed | $350,000 | |
| Listed | |||
| | |||
|
Great flow open floor plan Devon model! Secluded garden setting. Foyer closets hold all your coats & bags. DR & LR allow for great entertaining. Lovely FR off eat-in kitchen has gas fireplace. Solar panels save on electric bill. Sunroom leads to big fenced yard with shed & seating area for fun times. Garage totally organized with special system. Near Pointer Ridge Shopping Center & post office.
| |||
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Property Highlights
Garage
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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About Bowie
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Listed by: Dorte Engel
RE/MAX Leading Edge
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# 1000036325
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
RE/MAX Leading Edge
Last Updated: 5 hours ago
Data Source: Bright MLS , MLS# 1000036325
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