Ground-Level Residential
2497 AMBER ORCHARD COURT E Unit 102, Odenton, MD 21113
For Sale
$325,000
Two bedrooms, two full bathrooms, and a separate flex room provide a practical residential layout.
Property Size1,393 SF
Days on Market32
Property Features for 2497 AMBER ORCHARD COURT E Unit 102
General Information
Standard status
Size
Property subtype
Additional Details
Public Transit
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
indoor swimming pool
outdoor swimming pool
fitness center
clubhouse
playgrounds
scenic walking trails
Building Details
Building Size
Year Built
Listing Agency:
Douglas Realty LLC
Listed By:
Ashley Yost · License MD #5004267
(443) 336-5403
Source:
Bradkappel
Added: Oct 11
Changed: Nov 11
Last Checked: Nov 10 at 6:45PM
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 Douglas Realty LLC
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Investment Insights
Based on property information with market context.
This 2002 ground-level condominium has two bedrooms, two full bathrooms, and an additional office or flex room. The living and dining areas connect to a kitchen with cabinet and counter space, while a patio and additional storage round out the unit. Recent updates include new flooring and paint.
Chestnut Point residents have access to indoor and outdoor pools, a fitness center, a clubhouse, playgrounds, and walking trails. Shopping, dining, the Odenton MARC station, Fort Meade, NSA, and major commuter routes are identified nearby.
Chestnut Point residents have access to indoor and outdoor pools, a fitness center, a clubhouse, playgrounds, and walking trails. Shopping, dining, the Odenton MARC station, Fort Meade, NSA, and major commuter routes are identified nearby.
Key Highlights
- Ground‑level condo with 2 bedrooms and 2 full bathrooms
- Separate office or flex room
- New flooring and paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,800
Cap Rate
5.78%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$376,000
$376.0K
Cap Rate 7%
$268,571
$268.6K
Cap Rate 9%
$208,889
$208.9K
Market Conditions
NOI Build-Up for 1,393 SF
Gross rent
$36.4K $26.16/SF
− Vacancy
−$2.3K −$1.62/SF
EGI
$34.2K $24.54/SF
− OpEx
−$15.4K −$11.04/SF
NOI
$18.8K $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%
$376,000
Cap Rate 7%
$268,571
Cap Rate 9%
$208,889
Alternative Uses
Best Use
Apartment 5plus
$268.6K
$235.0K – $313.3K
NOI $18,800 @ 7.0% cap · market cap 5.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.5K
$356.6K – $475.4K
NOI $28,524 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
193
Businesses Nearby
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Business Placement
Demographics for 21113, MD
35,670
Population
16,103
Households
2.2
Avg Household Size
36
Median Age
51%
College-Educated
98%
High-School Grad
15.0 sq mi
ZIP Area
2,378
Density / Sq Mi
$125,081
Median Household Income
$68,955
Median Earnings
$2,152
Median Rent
$401,900
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Anne Arundel County, MD
Properties on Market for Residential income properties in Anne Arundel County
Frequently Asked Questions
What type of property is this?
Residential income property - Two bedrooms, two full bathrooms, and a separate flex room provide a practical residential layout.
Where is this residential income property located?
The property is located at 2497 AMBER ORCHARD COURT E Unit 102 Odenton, MD.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Ground‑level condo with 2 bedrooms and 2 full bathrooms; Separate office or flex room; New flooring and paint
