Residential Income Property with
For Sale
$239,000
17820 BUEHLER ROAD Unit 176, Olney, MD 20832
Updated condominium with refreshed interiors, outdoor balcony space, and access to a shared community pool.
Property Size996 SF
Days on Market68
Property Features for 17820 BUEHLER ROAD Unit 176
General Information
Standard status
Active
Size
996 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$2,273
Building Details
Building Size
996 SF
Year Built
1973
Listing Agency:
EXP Realty, LLC
Listed By:
Dalila Campos · License #659858
(240) 888-4908
Source:
Thehulsmangroup
Added: Aug 22
Changed: Oct 25
Last Checked: Oct 28 at 2:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This condominium offers three bedrooms, one full bathroom, and one half bathroom within the Camelback Village community. Interior updates include fresh paint, new flooring, and renovated stairs. A balcony faces the main street and adds outdoor space to the residence.
Residents have access to a community pool. The property is near shopping centers, restaurants, a library, major roads, and everyday amenities in Olney, Maryland.
Residents have access to a community pool. The property is near shopping centers, restaurants, a library, major roads, and everyday amenities in Olney, Maryland.
Key Highlights
- Three‑bedroom condominium with one full bath and one half bath
- Fresh paint, updated flooring, and renovated stairs
- Balcony overlooking the main street
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,445
Cap Rate
6.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,900
$328.9K
Cap Rate 7%
$234,929
$234.9K
Cap Rate 9%
$182,722
$182.7K
Market Conditions
NOI Build-Up for 996 SF
Gross rent
$32.2K $32.28/SF
− Vacancy
−$2.3K −$2.26/SF
EGI
$29.9K $30.02/SF
− OpEx
−$13.5K −$13.51/SF
NOI
$16.4K $16.51/SF
Area
Montgomery County, MD
Vacancy
7.00%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$328,900
Cap Rate 7%
$234,929
Cap Rate 9%
$182,722
Alternative Uses
Best Use
Apartment 5plus
$234.9K
$205.6K – $274.1K
NOI $16,445 @ 7.0% cap · market cap 6.88%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$350.4K
$306.6K – $408.8K
NOI $24,526 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
1,805
Businesses Nearby
Explore this area
Business Placement
Demographics for 20832, MD
25,969
Population
8,581
Households
3
Avg Household Size
43
Median Age
64%
College-Educated
96%
High-School Grad
9.6 sq mi
ZIP Area
2,705
Density / Sq Mi
$166,892
Median Household Income
$72,309
Median Earnings
$2,429
Median Rent
$601,300
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Updated condominium with refreshed interiors, outdoor balcony space, and access to a shared community pool.
Where is this residential income property located?
The property is located at 17820 BUEHLER ROAD Unit 176 Olney, MD.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Three‑bedroom condominium with one full bath and one half bath; Fresh paint, updated flooring, and renovated stairs; Balcony overlooking the main street
