$450,000
●
House -
Off Market
12403 KEMBRIDGE DRIVE
BOWIE, MD 20715
3 Beds
2 Baths
2,015 Ft²
$2,317
Est. Monthly
About This Property
AMAZING OPPORTUNITY to own this fantastic 3 Bedroom 2 Full Bath
Rancher style home with generous square footage, very good bones
and many high quality updates! Improvements include a newer roof,
all windows & doors replaced, newer HVAC system, recent kitchen
appliances & laundry equipment, a new fully rebuilt driveway and a
huge family room addition. There is a large living room with a wood
burning fireplace that opens to the dining room. The kitchen
has space for a table and a sliding glass door to a brick patio.
This wonderful home simply needs some cosmetic attention and TLC.
All original asbestos flooring has been abated and the floors
sealed. The home is full of natural light and has a large,
private back yard too! Other bonuses include a shed and
screened back porch. At this price, it is a good value with
room for sweat equity. You Must See Inside to Realize the
Promise! Look in the documents section for a package with
information on a variety of renovation items and their costs as
well as financing options for several different styles of
renovation loans!
Unit Size
2,015 Ft²
Days on Market
-
Land Size
0.22 acres
Price per sqft
$174
Property Type
House
Property Taxes
$598
HOA Dues
-
Year Built
1963
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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: 9 months ago (Bright MLS #MDPG2185718)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2026 | Sold | ||
| Sold | |||
| Dec 14, 2025 | In contract | - | |
| In contract | |||
| Dec 10, 2025 | Listed by RE/MAX Realty Services | $350,000 | |
| Listed by RE/MAX Realty Services | |||
Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Bowie
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Listed by: Melinda A Butterfield
RE/MAX Realty Services
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDPG2185718
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 Realty Services
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDPG2185718
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