Second-Floor Condominium with
For Sale
$334,900
705 HARVEST RUN DRIVE Unit 203, Odenton, MD 21113
Updated finishes, a private outdoor area, and access to shared recreation serve this two-bedroom, two-bath home.
Property Size1,198 SF
Price / SF$279.55
Days on Market149
Property Features for 705 HARVEST RUN DRIVE Unit 203
General Information
Standard status
Active
Size
1,198 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,361
Amenities
indoor pool
outdoor pool
fitness center
tennis courts
playgrounds
walking trails
nature preserve
private balcony
Building Details
Building Size
1,198 SF
Year Built
2000
Listing Agency:
Columbia Company Ventures LLC
Listed By:
David L Carl · License #581704
(202) 271-4570
Source:
Canopy-re
Added: Jun 4
Changed: Oct 27
Last Checked: Oct 27 at 4:11AM
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 Columbia Company Ventures LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on the second floor, this 1,198-square-foot condominium has two bedrooms and two full bathrooms. The living and dining areas connect with an updated kitchen featuring new appliances and workspace. Recent improvements include fresh paint, new flooring, and contemporary bathroom updates. The primary bedroom has its own bathroom, while the second bedroom is served by the hall bath. A private balcony provides outdoor space. The building was constructed in 2000, and the Front Foot Fee has been paid in full.
Community amenities include indoor and outdoor pools, a fitness center, tennis courts, playgrounds, walking and nature trails, and access to the Piney Orchard Nature Preserve. Shopping, restaurants, and grocery options are nearby. Commuter connections include the Odenton MARC station, Fort Meade, NSA, BWI Airport, and routes 32, 97, 100, and 295.
Community amenities include indoor and outdoor pools, a fitness center, tennis courts, playgrounds, walking and nature trails, and access to the Piney Orchard Nature Preserve. Shopping, restaurants, and grocery options are nearby. Commuter connections include the Odenton MARC station, Fort Meade, NSA, BWI Airport, and routes 32, 97, 100, and 295.
Key Highlights
- Two bedrooms and two full bathrooms in 1,198 square feet
- Second‑floor unit with a private balcony
- Kitchen includes new appliances and workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,168
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,360
$323.4K
Cap Rate 7%
$230,971
$231.0K
Cap Rate 9%
$179,644
$179.6K
Market Conditions
NOI Build-Up for 1,198 SF
Gross rent
$31.3K $26.16/SF
− Vacancy
−$1.9K −$1.62/SF
EGI
$29.4K $24.54/SF
− OpEx
−$13.2K −$11.04/SF
NOI
$16.2K $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%
$323,360
Cap Rate 7%
$230,971
Cap Rate 9%
$179,644
Alternative Uses
Best Use
Apartment 5plus
$231.0K
$202.1K – $269.5K
NOI $16,168 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$350.4K
$306.6K – $408.9K
NOI $24,531 @ 7.0% cap · market cap 7.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
225
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Updated finishes, a private outdoor area, and access to shared recreation serve this two-bedroom, two-bath home.
Where is this residential income property located?
The property is located at 705 HARVEST RUN DRIVE Unit 203 Odenton, MD.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms in 1,198 square feet; Second‑floor unit with a private balcony; Kitchen includes new appliances and workspace
