Two-Bedroom Condominium with
For Sale
$229,000
11 LAUREL PATH COURT Unit 6-11, Baltimore, MD 21236
The 977-square-foot unit includes a sunroom, in-unit laundry, and a primary bedroom with a walk-in closet.
Property Size977 SF
Price / SF$234.39
Days on Market28
Property Features for 11 LAUREL PATH COURT Unit 6-11
General Information
Standard status
Active
Size
977 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$2,242
Amenities
balcony
in-unit laundry
Building Details
Building Size
977 SF
Year Built
1993
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Sandra L Klein · License #24423
(410) 459-0044
Source:
Genedru
Added: Oct 2
Changed: Oct 27
Last Checked: Oct 26 at 2:41PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This second-floor condominium offers 2 bedrooms and 2 full bathrooms across 977 square feet. The kitchen has stainless steel appliances, granite countertops, and cabinet storage. A sunroom connects the living room and dining area, with balcony access. The unit also includes a foyer coat closet, a full-size washer and dryer, and a separate storage area. The primary bedroom has a walk-in closet and an en-suite bathroom; the second bedroom can also serve as an office. HVAC was replaced in 2025, and the property was built in 1993.
Restaurants, shopping, parks, and entertainment venues are nearby, with access to I-95 and I-695.
Restaurants, shopping, parks, and entertainment venues are nearby, with access to I-95 and I-695.
Key Highlights
- 977‑square‑foot, second‑floor condominium with 2 bedrooms and 2 full bathrooms
- Sunroom and living room open to a balcony
- Kitchen features stainless steel appliances and granite countertops
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,729
Cap Rate
5.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,580
$254.6K
Cap Rate 7%
$181,843
$181.8K
Cap Rate 9%
$141,433
$141.4K
Market Conditions
NOI Build-Up for 977 SF
Gross rent
$24.6K $25.20/SF
− Vacancy
−$1.5K −$1.51/SF
EGI
$23.1K $23.69/SF
− OpEx
−$10.4K −$10.66/SF
NOI
$12.7K $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%
$254,580
Cap Rate 7%
$181,843
Cap Rate 9%
$141,433
Alternative Uses
Best Use
Apartment 5plus
$181.8K
$159.1K – $212.2K
NOI $12,729 @ 7.0% cap · market cap 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$234.1K
$204.8K – $273.1K
NOI $16,384 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
436
Businesses Nearby
Explore this area
Business Placement
Demographics for 21236, MD
40,555
Population
16,267
Households
2.5
Avg Household Size
39
Median Age
40%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
4,557
Density / Sq Mi
$92,130
Median Household Income
$56,457
Median Earnings
$1,591
Median Rent
$306,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 977-square-foot unit includes a sunroom, in-unit laundry, and a primary bedroom with a walk-in closet.
Where is this residential income property located?
The property is located at 11 LAUREL PATH COURT Unit 6-11 Baltimore, MD.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: 977‑square‑foot, second‑floor condominium with 2 bedrooms and 2 full bathrooms; Sunroom and living room open to a balcony; Kitchen features stainless steel appliances and granite countertops
