Mies van der Rohe
4000 N CHARLES STREET 702 Baltimore, MD 21218
4000 N CHARLES STREET 702, Baltimore, MD, 21218
$310,000
For Sale
$310,000
Three-bedroom condominium in an architectural jewel with updated features.
Property Size1,505 SF
Price / SF$205.98
Days on Market491
Property Features for 4000 N CHARLES STREET 702
General Information
- Standard status
- Active
- Size
- 1,505 SF
- Property subtype
- Condo/Townhome
Building Details
- Year Built
- 1964
Listing agency
Long & Foster Real Estate, Inc.
(410) 456-2490
Listed by
Bill W Magruder
(410) 456-2490
Source
Exitrealty
Added: Mar 20, 2025 Updated: Jul 10 at 1:04PM Checked: Jul 22 at 10:07AM
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.
Investment Insights
Based on property information with market context.
This condominium is located in a Mies van der Rohe building. It features 1500 sq ft of usable space that can be configured as a two-bedroom with a den or a three-bedroom layout. The unit includes contemporary flooring in a soft, warm color, along with an updated kitchen and bathrooms. A stack washer and dryer are located within the unit. The building offers an on-site outdoor pool. The location provides convenient access to universities, schools, the Baltimore Museum of Art, Wyman Park, Charles Village, and Hampden. Parking is available for lease within the building.
Key Highlights
- Mies van der Rohe architectural significance.
- 1500 sq ft flexible layout (2 or 3 bedrooms).
- Updated kitchen and bathrooms.
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $34.0k | $22.56 |
| − Vacancy | −$2.2k | −$1.47 |
| EGI | $31.7k | $21.09 |
| − OpEx | −$14.3k | −$9.49 |
| NOI | $17.5k | $11.60 |
1,505 SF · lease $22.56/SF/yr · vacancy 6.50% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$249.4K
$218.3K – $291.0K
NOI $17,460 @ 7.0% cap · market cap 5.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$409.2K
$358.0K – $477.4K
NOI $28,643 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Highfield House Condominium
Condominium Complex
Green Plaque LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Residential income property - Three-bedroom condominium in an architectural jewel with updated features.
Where is this residential income property located?
The property is located at 4000 N CHARLES STREET 702 Baltimore, MD.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Mies van der Rohe architectural significance.; 1500 sq ft flexible layout (2 or 3 bedrooms).; Updated kitchen and bathrooms.
