Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    1078 Brightleaf Ct Arnold, MD 21012

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $520,000

    Updated duplex in Arnold, MD, near college and trails.

    Lot size:
    0.11 Acres

    Property Features for 1078 Brightleaf Ct

    General Information

    Lot size
    0.11 Acres

    Building Details

    Year built
    1978

    We can help!

    Listing Contact
    Michelle Joan Boretti
    Source: Elliman

    Listing Agent: Michelle Joan Boretti

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Renovated Duplex Near Community College

    This renovated duplex is situated in a cul-de-sac near the community college in Arnold, Maryland. The property features new appliances, including a refrigerator, stove, and microwave. All three levels are fully finished, with outside access on the first and second levels. A front porch provides an outdoor seating area. The property is located one block from College Parkway and one block from the inter-county paved walking, biking, and running trail. The fenced backyard includes a shed. The property has been professionally landscaped, and a new deck has been added off the lower level in the back.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Clothing Store Building Supply Gym & Fitness Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Arnold
    County
    Anne Arundel
    State
    Maryland
    Longitude
    -76.5001259
    Latitude
    39.0489953

    Nearby Similar for Sale

    • $2,100,000
      1.50 Acres

      Waterfront Property with Development Potential

      Private waterfront property with mid-century modern residence and development potential.
      243 Haverton Rd, Arnold, MD 21012
      View Details
    • $164,900

      Dogwood 55+ Mobile Home

      Double wide home in a 55+ community.
      1277 Ritchie Hwy, Arnold, MD 21012
      View Details
    • $298,000

      Two-Bedroom Condo Near Annapolis

      Two-level condo near College Parkway, shopping, and downtown Annapolis.
      1410 Greendale Ct, Arnold, MD 21012
      View Details
    • $475,000
      2,089 SF

      Flex Building Near Annapolis

      Flex building with office space, near Annapolis and Chesapeake Bay.
      1244 Ritchie Hwy, Arnold, MD 21012
      View Details
    • $425,000

      Residential Property in Arnold, MD

      Residential property for sale in Arnold, Maryland. Coming Soon!
      330 Carronade Way, Arnold, MD 21012
      View Details
    • $430,000

      Carronade Way Specialty Property

      Specialty property available for sale.
      332 Carronade Way, Arnold, MD 21012
      View Details
    • $1,900,000

      Phillips Drive Specialty Property

      Specialty property available for sale on Phillips Drive.
      975 Phillips Dr, Arnold, MD 21012
      View Details
    • $699,000

      Bay Green Drive Property

      Property for sale on Bay Green Drive, Arnold, MD.
      537 Bay Green Dr, Arnold, MD 21012
      View Details
    • $1,895,000

      Riverside Drive Specialty Property

      Specialty property available for sale on Riverside Drive.
      817 Riverside Dr, Arnold, MD 21012
      View Details
    • $575,000

      Andrew Hill Road Specialty Property

      Specialty property available for sale on Andrew Hill Road.
      618 Andrew Hill Rd, Arnold, MD 21012
      View Details
    • $489,900

      Specialty Property in Arnold, Maryland

      Specialty property available for sale in Arnold, Maryland.
      249 Overleaf Dr, Arnold, MD 21012
      View Details
    • $589,900

      Specialty Property for Sale

      Specialty property available for purchase.
      19 Roe Ln, Arnold, MD 21012
      View Details

    FAQs

    What type of property is this?
    Duplex - Updated duplex in Arnold, MD, near college and trails.
    Where is this duplex located?
    The property is located at 1078 Brightleaf Ct Arnold, MD.
    What is the asking price?
    The asking price for this property is $520,000.
    What are key features of this property?
    This property features: - Completely renovated and updated duplex.; - Located a block away from the inter county walking/biking/running paved trail.; - Large, fenced and professionally landscaped backyard with shed.
    (410) 980-5906
    Request Owner's contact information
    1078 Brightleaf Ct Arnold, MD 21012
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1078 Brightleaf Ct
    Arnold, MD 21012
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1078 Brightleaf Ct Arnold, MD 21012
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Michelle Joan Boretti
    (410) 980-5906
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.