Residential Income Property with
New
For Sale
$299,900
20 AMBERSTONE COURT Unit H, Annapolis, MD 21403
The three-bedroom condo features an open living area and a wood-burning fireplace.
Property Size1,119 SF
Days on Market5
Property Features for 20 AMBERSTONE COURT Unit H
General Information
Standard status
Active
Size
1,119 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,152
Amenities
Community Center
Fitness Center
In-ground Pool
Wood Burning Fireplace
Building Details
Building Size
1,119 SF
Year Built
1995
Listing Agency:
Keller Williams Flagship
Listed By:
Christopher Sidoriak · License #655522
(443) 538-5743
Source:
Bradkappel
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 11 at 2:41PM
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 Keller Williams Flagship
Investment Insights
Based on property information with market context.
This mid-level condominium has three bedrooms, two full bathrooms, an open living area, and a balcony overlooking a wooded backdrop. Interior features include a wood-burning fireplace, stainless steel kitchen appliances, new LVP flooring, new bedroom carpet, a renovated hall bathroom, and fresh paint.
Residents of Annapolis Overlook have access to a community center, fitness center, and in-ground pool. Downtown Annapolis is minutes away.
Residents of Annapolis Overlook have access to a community center, fitness center, and in-ground pool. Downtown Annapolis is minutes away.
Key Highlights
- Three bedrooms and two full bathrooms
- Mid‑level condo with balcony and wooded outlook
- Wood‑burning fireplace and stainless steel kitchen appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,102
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,040
$302.0K
Cap Rate 7%
$215,743
$215.7K
Cap Rate 9%
$167,800
$167.8K
Market Conditions
NOI Build-Up for 1,119 SF
Gross rent
$29.3K $26.16/SF
− Vacancy
−$1.8K −$1.62/SF
EGI
$27.5K $24.54/SF
− OpEx
−$12.4K −$11.04/SF
NOI
$15.1K $13.50/SF
Area
Anne Arundel County, MD
Vacancy
6.20%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$302,040
Cap Rate 7%
$215,743
Cap Rate 9%
$167,800
Alternative Uses
Best Use
Apartment 5plus
$215.7K
$188.8K – $251.7K
NOI $15,102 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$327.3K
$286.4K – $381.9K
NOI $22,914 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
406
Businesses Nearby
Explore this area
Business Placement
Demographics for 21403, MD
31,521
Population
15,479
Households
2
Avg Household Size
42
Median Age
58%
College-Educated
91%
High-School Grad
9.3 sq mi
ZIP Area
3,389
Density / Sq Mi
$115,068
Median Household Income
$64,638
Median Earnings
$1,872
Median Rent
$566,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - The three-bedroom condo features an open living area and a wood-burning fireplace.
Where is this residential income property located?
The property is located at 20 AMBERSTONE COURT Unit H Annapolis, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Three bedrooms and two full bathrooms; Mid‑level condo with balcony and wooded outlook; Wood‑burning fireplace and stainless steel kitchen appliances
