Top-Floor 1-Bedroom
For Sale
$195,000
10578 CROSS FOX LANE Unit E2, Columbia, MD 21044
The occupied unit has bamboo flooring, a current lease, and access to shared laundry in the building.
Property Size757 SF
Price / SF$257.60
Days on Market159
Property Features for 10578 CROSS FOX LANE Unit E2
General Information
Standard status
Active
Size
757 SF
Property subtype
Penthouse Unit/Flat/Apartment
Financials
Gross Income
$16,200
Average Monthly Rent
$1,350
Site & Location
Neighborhood
Faulkner Ridge
Highway Access
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,179
Amenities
shared laundry room
Building Details
Building Size
757 SF
Year Built
1975
Tenancy
Single
Listing Agency:
eXp Realty
Listed By:
Gene Dru Team
Source:
Genedru
Added: May 23
Changed: Oct 27
Last Checked: Oct 26 at 2:48PM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 757-square-foot, one-bedroom, one-bathroom condominium occupies the top floor of a building constructed in 1975. Bamboo flooring runs throughout the unit, and residents have access to a shared laundry room. The property is tenant occupied under a lease that continues through 2/28/27. Water, sewer, and trash are included in the condo fee.
The unit is near The Shoppes at Wilde Lake, Columbia Town Center, The Mall in Columbia, Merriweather Post Pavilion, the Merriweather District, Johns Hopkins Howard County Medical Center, and Howard Community College. Commuter access includes routes 29 and 32.
The unit is near The Shoppes at Wilde Lake, Columbia Town Center, The Mall in Columbia, Merriweather Post Pavilion, the Merriweather District, Johns Hopkins Howard County Medical Center, and Howard Community College. Commuter access includes routes 29 and 32.
Key Highlights
- 757‑square‑foot condominium with one bedroom and one bathroom
- Top‑floor unit with bamboo flooring throughout
- Tenant occupied under lease through 2/28/27
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,842
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$196,840
$196.8K
Cap Rate 7%
$140,600
$140.6K
Cap Rate 9%
$109,356
$109.4K
Market Conditions
NOI Build-Up for 757 SF
Gross rent
$19.1K $25.20/SF
− Vacancy
−$1.2K −$1.56/SF
EGI
$17.9K $23.64/SF
− OpEx
−$8.1K −$10.64/SF
NOI
$9.8K $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%
$196,840
Cap Rate 7%
$140,600
Cap Rate 9%
$109,356
Alternative Uses
Best Use
Apartment 5plus
$140.6K
$123.0K – $164.0K
NOI $9,842 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$240.7K
$210.6K – $280.8K
NOI $16,847 @ 7.0% cap · market cap 8.64%
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
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,000
Businesses Nearby
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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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - The occupied unit has bamboo flooring, a current lease, and access to shared laundry in the building.
Where is this residential income property located?
The property is located at 10578 CROSS FOX LANE Unit E2 Columbia, MD.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 757‑square‑foot condominium with one bedroom and one bathroom; Top‑floor unit with bamboo flooring throughout; Tenant occupied under lease through 2/28/27
