Two-Bedroom
For Sale
$225,000
17821 BUEHLER ROAD Unit 101, Olney, MD 20832
The primary bedroom has a private half bath, with a full bathroom serving the rest of the residence.
Property Size897 SF
Days on Market13
Property Features for 17821 BUEHLER ROAD Unit 101
General Information
Standard status
Active
Size
897 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$85
Amenities
pool
playgrounds
Building Details
Building Size
897 SF
Year Built
1973
Listing Agency:
Pearson Smith Realty, LLC
Listed By:
Trina Larson · License #644924
(301) 758-9059
Source:
Thehulsmangroup
Added: Sep 24
Changed: Oct 5
Last Checked: Oct 4 at 4:35PM
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 Pearson Smith Realty, LLC
Investment Insights
Based on property information with market context.
This condominium in Camelback Village has two bedrooms and 1.5 bathrooms. The primary bedroom includes a private half bath, and an updated full bathroom serves the rest of the home. The kitchen has been updated, and the residence was built in 1973.
Community amenities include a swimming pool and playgrounds. The property is in Olney, Maryland, in Montgomery County, with shopping, restaurants, parks, recreation, and commuter routes nearby.
Community amenities include a swimming pool and playgrounds. The property is in Olney, Maryland, in Montgomery County, with shopping, restaurants, parks, recreation, and commuter routes nearby.
Key Highlights
- Two bedrooms and 1.5 bathrooms
- Private half bath in the primary bedroom
- Updated kitchen and full bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,811
Cap Rate
6.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,220
$296.2K
Cap Rate 7%
$211,586
$211.6K
Cap Rate 9%
$164,567
$164.6K
Market Conditions
NOI Build-Up for 897 SF
Gross rent
$29.0K $32.28/SF
− Vacancy
−$2.0K −$2.26/SF
EGI
$26.9K $30.02/SF
− OpEx
−$12.1K −$13.51/SF
NOI
$14.8K $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%
$296,220
Cap Rate 7%
$211,586
Cap Rate 9%
$164,567
Alternative Uses
Best Use
Apartment 5plus
$211.6K
$185.1K – $246.9K
NOI $14,811 @ 7.0% cap · market cap 6.58%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$315.5K
$276.1K – $368.1K
NOI $22,088 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - The primary bedroom has a private half bath, with a full bathroom serving the rest of the residence.
Where is this residential income property located?
The property is located at 17821 BUEHLER ROAD Unit 101 Olney, MD.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two bedrooms and 1.5 bathrooms; Private half bath in the primary bedroom; Updated kitchen and full bathroom
