Residential Income Property with
830 WARBLER WAY Unit 2833, Chester, MD 21619
For Sale
$679,990
The home pairs a dedicated office with an attached garage and a two-bedroom layout.
Property Size1,900 SF
Days on Market55
Property Features for 830 WARBLER WAY Unit 2833
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Multifamily Units
Building Details
Building Size
Year Built
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty - OP
Listed By:
David M Willman · License MD #97312
(443) 668-0535
Source:
Bradkappel
Added: Sep 22
Changed: Nov 12
Last Checked: Nov 14 at 12:18PM
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 Berkshire Hathaway HomeServices PenFed Realty - OP
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 2026, this two-bedroom home has 2.5 baths and an attached one-car garage. The main living area includes a dry bar and electric fireplace, while a separate office has French doors. The kitchen is equipped with a gas cooktop, range hood, single oven, microwave, dishwasher, pendant lighting, tile backsplash, and quartz counters. Luxury vinyl plank flooring runs through the home; both full baths have tile floors. The owner’s bath features double sinks, quartz counters, and a walk-in shower with a seat and handheld wand.
The described finishes and features may differ from those in the property photographs.
The described finishes and features may differ from those in the property photographs.
Key Highlights
- Two bedrooms and 2.5 baths
- Built in 2026 with an attached one‑car garage
- Separate office with French doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,576
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,520
$451.5K
Cap Rate 7%
$322,514
$322.5K
Cap Rate 9%
$250,844
$250.8K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$44.2K $23.28/SF
− Vacancy
−$3.2K −$1.68/SF
EGI
$41.0K $21.60/SF
− OpEx
−$18.5K −$9.72/SF
NOI
$22.6K $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%
$451,520
Cap Rate 7%
$322,514
Cap Rate 9%
$250,844
Alternative Uses
Best Use
Apartment 5plus
$322.5K
$282.2K – $376.3K
NOI $22,576 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$516.6K
$452.0K – $602.7K
NOI $36,161 @ 7.0% cap · market cap 5.32%
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
Explore this area
Business Placement
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 - The home pairs a dedicated office with an attached garage and a two-bedroom layout.
Where is this residential income property located?
The property is located at 830 WARBLER WAY Unit 2833 Chester, MD.
What is the asking price?
The asking price for this property is $679,990.
What are key features of this property?
This property features: Two bedrooms and 2.5 baths; Built in 2026 with an attached one‑car garage; Separate office with French doors
