Two-Bedroom Condominium with
For Sale
$339,999
2703 OAK LEAF COURT Unit 2703, Odenton, MD 21113
Single-level layout includes a gas fireplace, private outdoor space, and in-unit laundry.
Property Size1,332 SF
Price / SF$255.25
Days on Market163
Property Features for 2703 OAK LEAF COURT Unit 2703
General Information
Standard status
Active
Size
1,332 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Amenities
gas fireplace
private patio
in-unit laundry
extra outdoor storage
Murphy bed
community pool
fitness center
nature trails
bike paths
Building Details
Building Size
1,332 SF
Year Built
1999
Listing Agency:
Douglas Realty LLC
Listed By:
Sonia M Graham · License #658206
(443) 720-9491
Source:
Canopy-re
Added: May 21
Changed: Oct 27
Last Checked: Oct 26 at 2:35PM
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 Douglas Realty LLC
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Investment Insights
Based on property information with market context.
This 1,332-square-foot condominium offers two bedrooms and two full bathrooms in a single-level layout. The main living area connects to a private patio with additional outdoor storage and features a gas fireplace. The primary bedroom has a walk-in closet and an ensuite bathroom with dual vanities and a soaking tub. A second bedroom includes built-in shelving and a Murphy bed. In-unit laundry and a recently replaced refrigerator are also included, and the home was built in 1999.
The condominium is in Piney Orchard, with Fort Meade, NSA, Odenton MARC Station, and major commuter routes a short drive away. Community amenities include a pool, fitness center, nature trails, and bike paths.
The condominium is in Piney Orchard, with Fort Meade, NSA, Odenton MARC Station, and major commuter routes a short drive away. Community amenities include a pool, fitness center, nature trails, and bike paths.
Key Highlights
- Two bedrooms and two full bathrooms
- 1,332 square feet of single‑level living
- Private patio with outdoor storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,977
Cap Rate
5.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$359,540
$359.5K
Cap Rate 7%
$256,814
$256.8K
Cap Rate 9%
$199,744
$199.7K
Market Conditions
NOI Build-Up for 1,332 SF
Gross rent
$34.8K $26.16/SF
− Vacancy
−$2.2K −$1.62/SF
EGI
$32.7K $24.54/SF
− OpEx
−$14.7K −$11.04/SF
NOI
$18.0K $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%
$359,540
Cap Rate 7%
$256,814
Cap Rate 9%
$199,744
Alternative Uses
Best Use
Apartment 5plus
$256.8K
$224.7K – $299.6K
NOI $17,977 @ 7.0% cap · market cap 5.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$389.6K
$340.9K – $454.6K
NOI $27,275 @ 7.0% cap · market cap 8.02%
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
175
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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Frequently Asked Questions
What type of property is this?
Residential income property - Single-level layout includes a gas fireplace, private outdoor space, and in-unit laundry.
Where is this residential income property located?
The property is located at 2703 OAK LEAF COURT Unit 2703 Odenton, MD.
What is the asking price?
The asking price for this property is $339,999.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms; 1,332 square feet of single‑level living; Private patio with outdoor storage
