$440,000
●
House -
Off Market
13803 OLD JERICHO PARK ROAD
BOWIE, MD 20720
3 Beds
3 Baths
2,295 Ft²
$3,115
Est. Monthly
4.19%
Cap Rate
About This Property
Rare opportunity! This 1.18-acre property on Old Jericho Park
Road offers exceptional potential for investors and developers.
While the existing home requires updates, the true value lies
in the land and its prime location directly across from state-owned
property slated for new Bowie State University development recently
announced by the Governor. With its proximity to Bowie State
University, MARC train station, major commute routes (Rt.197,
Rt.50, and the Baltimore-Washinton Parkway) this site is uniquely
positioned for future growth. The property's size,
visibility, and strategic location make it especially attractive
for those exploring commercial or mixed-use possibilities.
Don't miss this change to buy this large parcel in an area
poised for transformation -- perfect for a forward-looking buyer
seeking to be a part of the Prince George's County's next chapter.
Unit Size
2,295 Ft²
Days on Market
-
Land Size
1.18 acres
Price per sqft
$227
Property Type
House
Property Taxes
$561
HOA Dues
-
Year Built
1964
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Cap Rate Calculator
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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: 7 months ago (Bright MLS #MDPG2166494)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 30, 2026 | Sold | ||
| Sold | |||
| Apr 14, 2026 | In contract | - | |
| In contract | |||
| Nov 1, 2025 | Price Decreased |
$520,000
↓ $130K
(20%) | |
| Price Decreased | |||
| Sep 8, 2025 | Listed by Realty Transaction Services, LLC | $650,000 | |
| Listed by Realty Transaction Services, LLC | |||
| Mar 10, 2006 | Sold | ||
| Sold | |||
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Property Highlights
Air Conditioning
Fireplace
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 Prince George's
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Listed by: Wanda J. Rogers
Realty Transaction Services, LLC
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDPG2166494
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Realty Transaction Services, LLC
Last Updated: 10 hours ago
Data Source: Bright MLS , MLS# MDPG2166494
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