921 Bowie Drive
About This Property
Located in the sought after Grand Heritage subdivision, this home also offers access to incredible amenities including a resort style pool with a waterslide, fitness center, and a very kid friendly environment. With the amenities located right at the end of the street, convenience and community come together perfectly.
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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 |
|---|---|---|---|
| Sep 2, 2026 | Sold | ||
| Sold | |||
| Aug 12, 2026 | In contract | - | |
| In contract | |||
| Jun 27, 2026 | Price Decreased |
$294,990
↓ $5K
(1.7%) | |
| Price Decreased | |||
| Jun 8, 2026 | Price Decreased |
$299,989
↓ $1
(0%) | |
| Price Decreased | |||
| Apr 17, 2026 | Listed by RE/MAX DFW Associates | $299,990 | |
| Listed by RE/MAX DFW Associates | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017