Three-Bedroom Residential Income
For Sale
$399,999
10001 WINDSTREAM DRIVE Unit 806, Columbia, MD 21044
Three-bedroom residence with private storage, covered parking, and access to community amenities near Columbia shopping and entertainment.
Property Size1,440 SF
Days on Market52
Property Features for 10001 WINDSTREAM DRIVE Unit 806
General Information
Standard status
Active
Size
1,440 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,192
Amenities
in-unit laundry room
private storage units
secure building access
community pool
scenic walking paths
Building Details
Building Size
1,440 SF
Year Built
1990
Listing Agency:
Samson Properties
Listed By:
Angela Parrish · License #672915
(240) 378-0700
Source:
Thehulsmangroup
Added: Aug 15
Changed: Oct 3
Last Checked: Oct 4 at 2:55PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This 1990 residential income property is a three-bedroom, two-full-bath residence with a practical layout that includes separate living and dining areas, a galley kitchen, and an in-unit laundry room. The primary suite is accompanied by two additional bedrooms that can support guest accommodations or office use. Treetop views overlook Wilde Lake, while natural light and mature landscaping contribute to the interior and exterior setting. The property includes one covered garage parking space and two private storage units within the building.
Residents have access to secure building entry, park-like grounds, an outdoor community pool, and walking paths. Columbia Mall, the Merriweather District, restaurants, shopping, entertainment, and Wilde Lake trails are nearby, with access to major commuter routes also noted.
Residents have access to secure building entry, park-like grounds, an outdoor community pool, and walking paths. Columbia Mall, the Merriweather District, restaurants, shopping, entertainment, and Wilde Lake trails are nearby, with access to major commuter routes also noted.
Key Highlights
- Three‑bedroom, two‑full‑bath residence built in 1990
- One covered garage parking space included
- Two private storage units within the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,721
Cap Rate
4.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,420
$374.4K
Cap Rate 7%
$267,443
$267.4K
Cap Rate 9%
$208,011
$208.0K
Market Conditions
NOI Build-Up for 1,440 SF
Gross rent
$36.3K $25.20/SF
− Vacancy
−$2.2K −$1.56/SF
EGI
$34.0K $23.64/SF
− OpEx
−$15.3K −$10.64/SF
NOI
$18.7K $13.00/SF
Area
Columbia, MD
Vacancy
6.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$374,420
Cap Rate 7%
$267,443
Cap Rate 9%
$208,011
Alternative Uses
Best Use
Apartment 5plus
$267.4K
$234.0K – $312.0K
NOI $18,721 @ 7.0% cap · market cap 4.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$457.8K
$400.6K – $534.1K
NOI $32,047 @ 7.0% cap · market cap 8.01%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,264
Businesses Nearby
Explore this area
Business Placement
Demographics for 21044, MD
44,284
Population
19,776
Households
2.2
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
3,721
Density / Sq Mi
$132,924
Median Household Income
$69,565
Median Earnings
$2,096
Median Rent
$541,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-bedroom residence with private storage, covered parking, and access to community amenities near Columbia shopping and entertainment.
Where is this residential income property located?
The property is located at 10001 WINDSTREAM DRIVE Unit 806 Columbia, MD.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Three‑bedroom, two‑full‑bath residence built in 1990; One covered garage parking space included; Two private storage units within the building
