Top-Floor Residential Income
For Sale
$185,900
109 CROSS KEYS ROAD Unit R109F, Baltimore, MD 21210
Condominium residence with updated interiors, private outdoor space, covered parking, and access to community recreation amenities.
Property Size821 SF
Days on Market80
Property Features for 109 CROSS KEYS ROAD Unit R109F
General Information
Standard status
Active
Size
821 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$3,421
Building Details
Building Size
821 SF
Year Built
1970
Listing Agency:
Coldwell Banker Realty
Listed By:
Shelley L Walter · License #680973
(717) 968-1923
Source:
Thehulsmangroup
Added: Aug 3
Changed: Oct 19
Last Checked: Oct 19 at 12:42PM
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 Coldwell Banker Realty
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.
This top-floor condominium is part of a residential income property built in 1970. The residence has hardwood flooring, an updated kitchen and bathroom, and a private balcony oriented toward tree views in a park-like setting. An in-unit washer and dryer, additional storage, and deeded covered parking directly beneath the building add practical convenience.
Community amenities include swimming pools, tennis courts, and walking trails. The property is also described as being near cafes and shops within a village-style setting.
Community amenities include swimming pools, tennis courts, and walking trails. The property is also described as being near cafes and shops within a village-style setting.
Key Highlights
- Top‑floor condominium with private balcony and tree views
- Updated kitchen and bathroom with hardwood flooring
- In‑unit washer and dryer included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,696
Cap Rate
5.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,920
$213.9K
Cap Rate 7%
$152,800
$152.8K
Cap Rate 9%
$118,844
$118.8K
Market Conditions
NOI Build-Up for 821 SF
Gross rent
$20.7K $25.20/SF
− Vacancy
−$1.2K −$1.51/SF
EGI
$19.4K $23.69/SF
− OpEx
−$8.8K −$10.66/SF
NOI
$10.7K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,920
Cap Rate 7%
$152,800
Cap Rate 9%
$118,844
Alternative Uses
Best Use
Apartment 5plus
$152.8K
$133.7K – $178.3K
NOI $10,696 @ 7.0% cap · market cap 5.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$196.7K
$172.1K – $229.5K
NOI $13,768 @ 7.0% cap · market cap 7.41%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
865
Businesses Nearby
Explore this area
Business Placement
Demographics for 21210, MD
14,441
Population
5,416
Households
2.7
Avg Household Size
32
Median Age
83%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,247
Density / Sq Mi
$108,929
Median Household Income
$43,474
Median Earnings
$1,498
Median Rent
$521,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with updated interiors, private outdoor space, covered parking, and access to community recreation amenities.
Where is this residential income property located?
The property is located at 109 CROSS KEYS ROAD Unit R109F Baltimore, MD.
What is the asking price?
The asking price for this property is $185,900.
What are key features of this property?
This property features: Top‑floor condominium with private balcony and tree views; Updated kitchen and bathroom with hardwood flooring; In‑unit washer and dryer included
