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Water-View Residential Income Property

630 WARBLER WAY Unit 12, Chester, MD 21619

For Sale
$549,950

Ground-level living, a private patio, and an attached garage support convenient day-to-day use.

Property Size2,000 SF
Price / SF$274.98
Days on Market48

Property Features for 630 WARBLER WAY Unit 12

General Information

Standard status Active
Size 2,000 SF
Total Parking Spaces 1
Property subtype Unit/Flat/Apartment

Units

Multifamily Units 1
Parking per Unit 1

Taxes and HOA fees

Annual Taxes $5,654

Amenities

electric fireplace
private patio
climate-controlled storage
clubhouse
indoor pool
outdoor pool
fitness center
yoga studio
game rooms
library
gathering spaces
pickleball
tennis
bocce
walking and biking trails
kayak and paddleboard launch
fishing and boat pier
dog park
waterfront beach area
fire pits
tiki bar

Building Details

Building Size 2,000 SF
Year Built 2025
Listing Agency: RE/MAX Executive
Listed By: Ralph S. Kennedy · License MD #5002746
Source: Chesapeakebayproperties
Added: Sep 29 Changed: Nov 15 Last Checked: Nov 14 at 7:52AM

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 RE/MAX Executive

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Investment Insights

Based on property information with market context.

Built in 2025, this residence has an open living area, two bedroom suites, a separate office, and water views. The kitchen includes quartz counters, upgraded cabinetry, GE Cafe appliances, double wall ovens, and a tile backsplash. An electric fireplace, luxury vinyl plank flooring, remote-controlled window treatments, climate-controlled storage, and an attached one-car garage are among its additional features. The primary suite has patio access and a walk-in closet, while a private patio provides outdoor space at ground level.

The home is part of Four Seasons at Kent Island, where the 24,000-square-foot Chester House clubhouse offers pools, fitness and yoga facilities, a library, game rooms, and gathering areas. Community amenities also include tennis, pickleball, trails, a kayak and paddleboard launch, a fishing and boat pier, and a waterfront beach area. Kent Island is minutes from the Bay Bridge, with access to Annapolis, Baltimore, Washington, DC, and Maryland’s Eastern Shore.

Key Highlights

  • Built in 2025 with water views and ground‑level living
  • Two bedroom suites, a private office, and an attached one‑car garage
  • Kitchen features quartz countertops, upgraded cabinetry, GE Cafe appliances, and double wall ovens

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$23,764
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$475,280 $475.3K
Cap Rate 7%
$339,486 $339.5K
Cap Rate 9%
$264,044 $264.0K
Market Conditions
NOI Build-Up for 2,000 SF
Gross rent
$46.6K $23.28/SF
− Vacancy
−$3.4K −$1.68/SF
EGI
$43.2K $21.60/SF
− OpEx
−$19.4K −$9.72/SF
NOI
$23.8K $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%
$475,280
Cap Rate 7%
$339,486
Cap Rate 9%
$264,044

Alternative Uses

Best Use
Apartment 5plus
$339.5K
$297.1K – $396.1K (±1% cap)
NOI $23,764 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$543.8K
$475.8K – $634.4K (±1% cap)
NOI $38,064 @ 7.0% cap · market cap 6.92%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

20
Businesses Nearby

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

Frequently Asked Questions

What type of property is this?
Residential income property - Ground-level living, a private patio, and an attached garage support convenient day-to-day use.
Where is this residential income property located?
The property is located at 630 WARBLER WAY Unit 12 Chester, MD.
What is the asking price?
The asking price for this property is $549,950.
What are key features of this property?
This property features: Built in 2025 with water views and ground‑level living; Two bedroom suites, a private office, and an attached one‑car garage; Kitchen features quartz countertops, upgraded cabinetry, GE Cafe appliances, and double wall ovens
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