3710 Excalibur Ct Apt 203, Bowie, MD 20716

Your search ends here with this sunlit, third-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. Community and Area Amenities Secured, elevator-served 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 12 335,000 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.

Property Features