$475,000
●
House -
Off Market
3820 IRONGATE LN
BOWIE, MD 20715
4 Beds
2 Baths
1,575 Ft²
$460,771
RealtyHop Estimate
0.17%
Since Jul 1, 2023
National-US
Primary Model
About This Property
Welcome home to beautifully maintained Cape Cod tucked away in the
quiet I section of Bowie. Your are greeting by large gorgeous
driveway, 2 car garage, and covered porch. The home's first level
has 2 bedrooms, 1 full bath, living area, kitchen, and huge
laundry/mud room. Upper level has owners suite, full bath, and 4th
bedroom. Flat backyard is perfect for entertaining with its custom
built firepit, porch, and lots of space for gardening, games,
cookouts, and relaxation . Property opens to woods/Patuxent
tributary and comes with a lifetime 15x8 shed for all your toys and
tools. Garage has been painted and insulated and easily fits 2
cars. Upgraded 50 year architectural shingle roof 2022 and new
furnace install 2022. The owners treat the property with pride and
it shows! Walking distance to elementary, shopping, restaurants,
and grocery. **Offer deadline Sunday 5/14/23 by Noon**
Unit Size
1,575 Ft²
Days on Market
-
Land Size
0.28 acres
Price per sqft
$292
Property Type
House
Property Taxes
$412
HOA Dues
-
Year Built
1966
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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: 4 years ago (Bright MLS #MDPG2072180)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 27, 2023 | Sold | ||
| Sold | |||
| May 15, 2023 | In contract | - | |
| In contract | |||
| May 8, 2023 | Relisted | $449,900 | |
| Relisted | |||
| May 8, 2023 | Price Increased |
$460,000
↑ $10K
(2.2%) | |
| Price Increased | |||
| Mar 26, 2023 | In contract | - | |
| In contract | |||
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Property Highlights
Air Conditioning
Garage
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Type
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Baths
ft²
Price/ft²
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Listed On
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HOA + Taxes
About Bowie
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Listed by: Erin Clark
Long & Foster Real Estate, Inc.
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDPG2072180
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.
Long & Foster Real Estate, Inc.
Last Updated: 8 hours ago
Data Source: Bright MLS , MLS# MDPG2072180
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