2-Bedroom Residential
12 JULIET LANE Unit 104, Baltimore, MD 21236
For Sale
$197,000
Pending
Residents have off-street parking, while the association handles shared-area upkeep, lawn care, and snow removal.
Property Size985 SF
Days on Market90
Property Features for 12 JULIET LANE Unit 104
General Information
Standard status
Size
Property subtype
Taxes and HOA fees
Annual Taxes
Amenities
in-unit washer/dryer
off-street parking
Building Details
Building Size
Year Built
Construction
Listing Agency:
EXP Realty, LLC
Listed By:
Christopher T Drewer · License MD #594226
(410) 292-3218
Source:
Ghimirehomes
Added: Aug 14
Changed: Nov 8
Last Checked: Nov 10 at 6:50PM
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, LLC
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Investment Insights
Based on property information with market context.
This 985-square-foot, 2-bedroom, 2-bathroom condominium in Baltimore includes a kitchen equipped with a built-in microwave, electric range and oven, dishwasher, and refrigerator with icemaker. An in-unit washer and dryer are also included. The brick exterior dates to the building’s 1988 construction, and the unit has newer bathroom vanities, a newer water heater, upgraded smoke detectors, and an HVAC system installed in 2020.
The association manages common-area maintenance, lawn care, and snow removal. Off-street parking is available at the property, located at 12 Juliet Lane, Unit 104.
The association manages common-area maintenance, lawn care, and snow removal. Off-street parking is available at the property, located at 12 Juliet Lane, Unit 104.
Key Highlights
- 985‑square‑foot condominium with 2 bedrooms and 2 bathrooms
- HVAC system installed in 2020
- In‑unit washer and dryer; kitchen includes a built‑in microwave, electric range and oven, dishwasher, and refrigerator with icemaker
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,833
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,660
$256.7K
Cap Rate 7%
$183,329
$183.3K
Cap Rate 9%
$142,589
$142.6K
Market Conditions
NOI Build-Up for 985 SF
Gross rent
$24.8K $25.20/SF
− Vacancy
−$1.5K −$1.51/SF
EGI
$23.3K $23.69/SF
− OpEx
−$10.5K −$10.66/SF
NOI
$12.8K $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%
$256,660
Cap Rate 7%
$183,329
Cap Rate 9%
$142,589
Alternative Uses
Best Use
Apartment 5plus
$183.3K
$160.4K – $213.9K
NOI $12,833 @ 7.0% cap · market cap 6.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$236.0K
$206.5K – $275.3K
NOI $16,518 @ 7.0% cap · market cap 8.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
529
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
$306,800
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Baltimore, MD
Properties on Market for Residential income properties in Baltimore
Frequently Asked Questions
What type of property is this?
Residential income property - Residents have off-street parking, while the association handles shared-area upkeep, lawn care, and snow removal.
Where is this residential income property located?
The property is located at 12 JULIET LANE Unit 104 Baltimore, MD.
What is the asking price?
The asking price for this property is $197,000.
What are key features of this property?
This property features: 985‑square‑foot condominium with 2 bedrooms and 2 bathrooms; HVAC system installed in 2020; In‑unit washer and dryer; kitchen includes a built‑in microwave, electric range and oven, dishwasher, and refrigerator with icemaker
