Three-Bedroom Residential
190 HARRIER WAY Unit 24, Chester, MD 21619
For Sale
$675,000
Open living areas connect the kitchen, dining space, and living room, with a porch overlooking ponds.
Property Size2,602 SF
Price / SF$259.62
Days on Market14
Property Features for 190 HARRIER WAY Unit 24
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
walk-out porch
indoor swimming pool
outdoor swimming pool
tennis courts
playgrounds
fire pits
community pier
kayak park with launch
water access
clubhouse
fitness facilities
gathering rooms
bar areas with televisions
walking trails
Building Details
Building Size
Year Built
Listing Agency:
Coldwell Banker Realty
Listed By:
Dee Dee R McCracken · License MD #604708
(410) 739-7571
Source:
Bradkappel
Added: Nov 2
Changed: Nov 13
Last Checked: Nov 14 at 11:51AM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 2023 condominium offers approximately 2,600 square feet, with three bedrooms and 2.5 baths. The kitchen, dining area, and living room share an open layout, and the residence also includes a walk-out porch. The primary suite has a sitting room and two walk-in closets; the two other bedrooms each have a walk-in closet and share a full bath. Kitchen finishes include 42-inch cabinets and white quartz countertops with gray veining. Seasonal views of the Chester River are noted from the porch.
The home is within the Four Seasons community, which has indoor and outdoor pools, tennis courts, playgrounds, fire pits, a community pier, a kayak park with launch, and water access. Community facilities include a 22,000-square-foot clubhouse, fitness facilities, gathering rooms in each building, and social spaces with bar areas and televisions. Walking trails are available within the community and just outside it. The property is described as a close commute to the Bay Bridge, shopping, churches, and doctors.
The home is within the Four Seasons community, which has indoor and outdoor pools, tennis courts, playgrounds, fire pits, a community pier, a kayak park with launch, and water access. Community facilities include a 22,000-square-foot clubhouse, fitness facilities, gathering rooms in each building, and social spaces with bar areas and televisions. Walking trails are available within the community and just outside it. The property is described as a close commute to the Bay Bridge, shopping, churches, and doctors.
Key Highlights
- Three‑bedroom, 2.5‑bath condominium with approximately 2,600 square feet
- Built in 2023
- Primary suite includes a sitting room and two walk‑in closets; both additional bedrooms have walk‑in closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,893
Cap Rate
4.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,860
$617.9K
Cap Rate 7%
$441,329
$441.3K
Cap Rate 9%
$343,256
$343.3K
Market Conditions
NOI Build-Up for 2,600 SF
Gross rent
$60.5K $23.28/SF
− Vacancy
−$4.4K −$1.68/SF
EGI
$56.2K $21.60/SF
− OpEx
−$25.3K −$9.72/SF
NOI
$30.9K $11.88/SF
Area
Queen Anne's County, MD
Vacancy
7.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$617,860
Cap Rate 7%
$441,329
Cap Rate 9%
$343,256
Alternative Uses
Best Use
Apartment 5plus
$441.3K
$386.2K – $514.9K
NOI $30,893 @ 7.0% cap · market cap 4.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$706.9K
$618.5K – $824.7K
NOI $49,483 @ 7.0% cap · market cap 7.33%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
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Demographics for 21619, MD
6,598
Population
3,002
Households
2.2
Avg Household Size
48
Median Age
37%
College-Educated
92%
High-School Grad
9.3 sq mi
ZIP Area
709
Density / Sq Mi
$100,359
Median Household Income
$55,450
Median Earnings
$1,845
Median Rent
$459,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Open living areas connect the kitchen, dining space, and living room, with a porch overlooking ponds.
Where is this residential income property located?
The property is located at 190 HARRIER WAY Unit 24 Chester, MD.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Three‑bedroom, 2.5‑bath condominium with approximately 2,600 square feet; Built in 2023; Primary suite includes a sitting room and two walk‑in closets; both additional bedrooms have walk‑in closets
