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    6702 Queens Ferry Rd Baltimore, MD 21239

    View on Map
    Sponsored
    For Sale
    $449,900

    MULTI_FAMILY - Cape Cod - BALTIMORE, MD

    Property size:
    2,470 SF
    Lot size:
    0.17 Acres
    Days on Market:
    8
    Last Refresh:
    Mar 6 at 12:06 pm

    Property Features for 6702 Queens Ferry Rd

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Dining Room, Basement
    Parking
    1
    Parking features
    Garage - Attached, Driveway
    Interior features
    2nd Kitchen, Bathroom - Stall Shower, Bathroom - Tub Shower, Ceiling Fan(s), Combination Dining/Living, Entry Level Bedroom, Kitchen - Gourmet, Upgraded Countertops, Walk-in Closet(s), Wood Floors
    Fireplace
    1
    Appliances
    Refrigerator, Oven/Range - Electric, Dishwasher, Microwave, Disposal, Dryer, Washer
    Size
    2,470 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Forced Air
    Cooling system
    Central Air, Ceiling Fan(s)

    Building Details

    Year built
    1955
    Number of units
    2
    Building materials
    Brick
    Architectural style
    Cape Cod

    We can help!

    Listing Contact
    Christopher J Cooke

    Berkshire Hathaway HomeServices Homesale Realty (717) 286-9913

    Listing agent Christopher J Cooke (410) 814-2408 License #596183

    Listing date Feb 27, 2026

    MLS# MDBC2132880 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Spacious Cape Cod with Income Potential

    This spacious and beautifully updated Cape Cod offers three fully finished levels of versatile living space. The main level features rich hardwood flooring, a generous living room with a cozy fireplace, and a separate dining area. The chef's kitchen includes granite countertops, stainless steel appliances, and ample cabinetry. There are two well-sized bedrooms and a stylishly updated full bath on this level. Upstairs, you'll find three additional bedrooms and another full bath, suitable for guest rooms, home offices, or playrooms. The fully finished basement functions as a private in-law suite or potential rental unit, complete with its own full kitchen, spacious living area, bedroom, and full bath, offering an opportunity to offset the mortgage or host long-term guests. The property has an expansive backyard, ideal for gardening, entertaining, or relaxing. A one-car garage and additional driveway parking are included. The property, located in Baltimore, MD, is zoned as a single family property and does not have separate meters for the basement unit. The property size is 2470 square feet and the lot size is 0.17 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Baltimore
    County
    Baltimore
    State
    Maryland
    Longitude
    -76.58539
    Latitude
    39.37745

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    FAQs

    What type of property is this?
    Duplex - Updated Cape Cod with finished basement suite and large backyard.
    Where is this duplex located?
    The property is located at 6702 Queens Ferry Rd Baltimore, MD.
    What is the asking price?
    The asking price for this property is $449,900.
    What are key features of this property?
    This property features: - Finished basement with full kitchen, living area, bedroom, and bath offers in-law suite or rental potential.; - Five bedrooms and two full baths on the upper levels provide flexible living space.; - Updated Chef's kitchen features granite countertops and stainless steel appliances.
    (443) 802-2728
    Request Owner's contact information
    6702 Queens Ferry Rd Baltimore, MD 21239
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    Baltimore, MD 21239
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6702 Queens Ferry Rd Baltimore, MD 21239
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    We can help!
    Listing Contact
    Christopher J Cooke
    Real Estate License ID: 596183
    (443) 802-2728 (410) 814-2408 (410) 814-2400
    Learn more
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