41
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4802 GRID STREET
About This Property
Step inside to discover a bright, open layout featuring spacious living areas that create a cozy focal point. The upper level offers three well-appointed bedrooms and two updated full baths. The finished lower level includes a fourth bedroom and full bath, making it perfect for guests, multigenerational living, or a private home office.
A brand-new backyard oasis elevates outdoor living-ideal for relaxing evenings and enjoying the scenery of the woods and plenty of space to play with your friends and family.
Additional highlights include a 2-car attached garage, public utilities, and a quiet community with low annual HOA fees. With nearly 3,000 finished square feet above grade, this home provides exceptional room to live, work, and grow.
Ideally situated close to shopping, dining, commuter routes, and parks, this home presents a rare opportunity to own a move-in-ready property in one of Bowie's most desirable locations. Don't miss it!
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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 |
|---|---|---|---|
| Apr 20, 2026 | Price Decreased |
$629,000
↓ $21K
(3.2%) | |
| Price Decreased | |||
| Mar 6, 2026 | Price Decreased |
$649,500
↓ $11K
(1.6%) | |
| Price Decreased | |||
| Dec 12, 2025 | Listed by EXP Realty, LLC | $660,000 | |
| Listed by EXP Realty, LLC | |||
| Apr 14, 2020 | No longer available | - | |
| No longer available | |||
| Dec 18, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017