$368,000
●
House -
Off Market
3611 MELFA LANE
BOWIE, MD 20715
5 Beds
2 Baths,
1
Half Bath
2,112 Ft²
$538,351
RealtyHop Estimate
49.58%
Since Apr 1, 2019
National-US
Primary Model
About This Property
BUYERS BACKED OUT OF CONTRACT! INSPECTIONS AND APPRAISAL @ 370k
COMPLETED. Freshly Painted/Carpeted Updated Colonial w/ 5BR 2.5BA
and Fenced Level Yard! Enter your foyer w/ wood floors which extend
into the Living Room that is flooded with natural light, and has a
wood fireplace. The oversized kitchen has plenty of newer cabinets,
Granite Countertops, Backsplash above every counter, and newer
appliances. The breakfast area is adjacent to the Patio door
leading to your hardscaped patio and Fenced Yard w/ Shed. Formal
Dining Room that leads to the kitchen/foyer has chair rail and
crown moulding, Laundry on main level, and the garage has been
converted to a 5th BR/Den. Upper Level has 4 amples sized Bedrooms:
Master Bedroom has it's own full bathroom. The hallway bath has an
oversized jacuzzi tub. Windows have been replaced
Unit Size
2,112 Ft²
Days on Market
-
Land Size
0.24 acres
Price per sqft
$170
Property Type
House
Property Taxes
$397
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: 30 days ago (Bright MLS #MDPG102536)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2022 | Sold | ||
| Sold | |||
| Nov 20, 2021 | No longer available | - | |
| No longer available | |||
| Nov 16, 2021 | Price Decreased |
$469,000
↓ $9K
(1.9%) | |
| Price Decreased | |||
| Oct 30, 2021 | Listed by Keller Williams Realty Centre | $478,000 | |
| Listed by Keller Williams Realty Centre | |||
| Aug 24, 2021 | Sold | ||
| Sold | |||
Show More
Property Highlights
Air Conditioning
Parking Available
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 Bowie
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Listed by: Vishal P Doddanna
Keller Williams Realty Centre
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDPG102536
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.
Keller Williams Realty Centre
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# MDPG102536
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