2728;1f3e1; Attention Bowie Home Shoppers! 2728; 3710 Excalibur Ct #203 just hit the market at $335,000 - and the seller is even covering transfer & recordation taxes. That means your upfront costs could be way lower than you think: 1f4a5; VA Buyers: $0 down 1f4a5; Conventional Buyers: As little as… Read More $10,050 down 1f4a5; FHA Buyers: About $11,725 down That's right - you could own this home with less than the price of a used car in cash to start. 1f449; Keep in mind: there will still be closing costs with the title company (lender fees, title fees, escrows, etc.), but this is one of the most affordable paths into homeownership you'll see in Bowie right now. 1f4cd; Convenient location, modern living, and a payment that makes sense. 1f4f2; Message me today to schedule a showing or to run the numbers for your situation. Your search ends here with this sunlit, 2nd - floor Covington Condominium offering 2 bedrooms, 2 full baths, and 1,354 sq ft of open-plan living. Enter into an inviting great room anchored by a gas fireplace and luxury vinyl plank floors that flow seamlessly into a chef-ready kitchen appointed with granite counters, breakfast bar seating, stainless-steel appliances, and a walk-in pantry. Unwind on your private balcony overlooking mature trees or retreat to the spacious primary suite complete with a walk-in closet and ensuite bath featuring a soaking tub and separate glass-door shower. Laundry hookups in-unit add everyday convenience, while one assigned parking space plus guest permits ensure hassle-free arrivals. - - - Here are a few of the recent upgrades!! - - brand new washer and dryer -brand new hot water heater- -brand new smart thermostat- -paint throughout the whole house- -brand new light fixtures in the hallway, kitchen, primary bedroom, and primary bathroom- -brand new outlet and light switch face plates- -brand new doorknobs on all doors- -turf on the balcony- Community and Area Amenities Secured building with outdoor community pool and tot lot/playground. Walking distance to two scenic lakes, ideal for morning strolls or weekend picnics. Just 0.9 mi to Collington Plaza and Mill Branch Shopping Center, and roughly 1 mi to Bowie Town Center's dining, retail, and entertainment options. Minutes to Bowie State University and easy access to Bowie State MARC station for effortless commutes to Washington, D.C., with Baltimore/Washington International (BWI) and Reagan National Airports both within 23-24 mi. Top-rated Prince George's County public schools, parks, bike trails, and recreation centers all within a short drive. Rental Market Analysis for Investors - The Bowie, MD rental market remains robust and investor-friendly: - Average rent across all unit types in Bowie sits at $2,800/month as of late August 2025, down just $95 from last year, reflecting stable demand and a ''warm'' market temperature. - Two-bedroom, two-bath condos in this complex typically command $2,200/month in gross rent, with water included in the HOA fee, translating to approximately - 2,200 22c5; 12 335,000 2248; 0.079 or a 7.9% gross rent yield. - Vacancy rates in Bowie have historically trended low thanks to strong job growth, excellent schools, and proximity to federal, tech, and healthcare employers - an outlook expected to continue into 2025. - Renters value the walkable shopping, nearby lakes, and community pool access offered here, helping maintain occupancy and reduce turnover costs. - Key Investor Takeaways - Steady average rents and high gross yields in the 7-8% range. - Low vacancies driven by Bowie's employment centers and quality-of-life amenities. - Water, exterior maintenance, snow removal, trash, and common-area utilities covered by HOA, simplifying expense management. - Potential to boost net returns through targeted upgrades (e.g., refreshed kitchen hardware, smart-home thermostats) thanks to strong rental demand. - Read Less
Courtesy of Vic Brocato, Long & Foster Real Estate, Inc. [email protected]
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