13314 FOREST DRIVE
About This Property
The lot provides both privacy and convenience, just minutes from major commuter routes including Route 50 and Route 301. Its central location places you within easy reach of Bowie Town Center, Downtown Annapolis, Washington, D.C., and Anne Arundel County, making it ideal for those who want to enjoy peaceful surroundings without sacrificing accessibility.
Bowie itself offers a wide range of amenities for residents, including a local university, a minor league baseball stadium, parks, shopping centers, and year-round community activities. With no homeowners association, you'll have the flexibility to design and build a home that fits your vision.
Whether you're looking for a quiet retreat close to nature or a central location with quick access to nearby cities, this lot offers the best of both worlds and a chance to create something truly special.
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Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 25, 2026 | Sold | ||
| Sold | |||
| Aug 20, 2026 | In contract | - | |
| In contract | |||
| Jul 16, 2026 | Price Decreased |
$165,000
↓ $20K
(10.8%) | |
| Price Decreased | |||
| Apr 8, 2026 | Price Decreased |
$185,000
↓ $15K
(7.5%) | |
| Price Decreased | |||
| Dec 26, 2025 | Price Decreased |
$200,000
↓ $40K
(16.7%) | |
| Price Decreased | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017