Residential Income Property with
For Sale
$330,000
2159 SCOTTS CROSSING COURT Unit 1, Annapolis, MD 21401
The lower-level residence connects its open living and dining space to a walk-out patio.
Property Size1,090 SF
Price / SF$302.75
Days on Market114
Property Features for 2159 SCOTTS CROSSING COURT Unit 1
General Information
Standard status
Active
Size
1,090 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,334
Amenities
patio
Building Details
Building Size
1,090 SF
Year Built
2001
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Amy L Juras · License #584286
(410) 353-2123
Source:
Chesapeakerealestateassociates
Added: Jul 9
Changed: Oct 26
Last Checked: Oct 26 at 3:43PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 1,090-square-foot residential property was built in 2001. Its lower-level layout includes an open living and dining area, a kitchen with Silestone counters, a breakfast bar and dining nook, and large windows overlooking wooded surroundings. A patio is accessible directly from the property. Recent improvements include carpet and interior paint; appliance and system dates include HVAC (2023), stove (2025), dishwasher (2024), dryer (2023), microwave (2024), hot water heater (2019), washer (2019) and refrigerator (2013).
The property is in Annapolis, near Annapolis Mall, Trader Joe’s, Whole Foods and Anne Arundel Medical Center. Route 50, I-97 and downtown Annapolis are also nearby.
The property is in Annapolis, near Annapolis Mall, Trader Joe’s, Whole Foods and Anne Arundel Medical Center. Route 50, I-97 and downtown Annapolis are also nearby.
Key Highlights
- 1,090 square feet; built in 2001
- Lower‑level layout with direct patio access
- Open living and dining area; kitchen includes Silestone countertops and a breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,711
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$294,220
$294.2K
Cap Rate 7%
$210,157
$210.2K
Cap Rate 9%
$163,456
$163.5K
Market Conditions
NOI Build-Up for 1,090 SF
Gross rent
$28.5K $26.16/SF
− Vacancy
−$1.8K −$1.62/SF
EGI
$26.7K $24.54/SF
− OpEx
−$12.0K −$11.04/SF
NOI
$14.7K $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%
$294,220
Cap Rate 7%
$210,157
Cap Rate 9%
$163,456
Alternative Uses
Best Use
Apartment 5plus
$210.2K
$183.9K – $245.2K
NOI $14,711 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$318.9K
$279.0K – $372.0K
NOI $22,320 @ 7.0% cap · market cap 6.76%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,532
Businesses Nearby
Explore this area
Business Placement
Demographics for 21401, MD
39,308
Population
19,293
Households
2
Avg Household Size
44
Median Age
61%
College-Educated
96%
High-School Grad
19.9 sq mi
ZIP Area
1,975
Density / Sq Mi
$119,296
Median Household Income
$67,845
Median Earnings
$2,106
Median Rent
$580,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The lower-level residence connects its open living and dining space to a walk-out patio.
Where is this residential income property located?
The property is located at 2159 SCOTTS CROSSING COURT Unit 1 Annapolis, MD.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 1,090 square feet; built in 2001; Lower‑level layout with direct patio access; Open living and dining area; kitchen includes Silestone countertops and a breakfast bar
