Two-Bedroom Condominium with
For Sale
$275,000
1300 SCOTTSDALE DRIVE Unit 165, Bel Air, MD 21015
An open kitchen and family room connect to a balcony overlooking a wooded area.
Property Size1,310 SF
Price / SF$209.92
Days on Market24
Property Features for 1300 SCOTTSDALE DRIVE Unit 165
General Information
Standard status
Active
Size
1,310 SF
Property subtype
Penthouse Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,543
Amenities
balcony
gas fireplace
laundry room
community pool
tennis courts
exercise room
meeting center
Building Details
Building Size
1,310 SF
Year Built
1998
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Sandra E Herrmann · License #591558
(410) 790-2777
Source:
Ghimirehomes
Added: Oct 6
Changed: Oct 27
Last Checked: Oct 26 at 2:33PM
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 1,310-square-foot condominium was built in 1998 and features two bedrooms, two full bathrooms, and 9-foot ceilings. The kitchen has white cabinetry, an island, stainless steel appliances, and an adjoining eating nook; it opens to the family room, which includes a gas fireplace. Wood flooring, an in-unit laundry room with washer and dryer, and a balcony overlooking a wooded area complete the interior. The hot water heater and most windows are new, and the roof was replaced in 2025.
Community amenities include a pool, tennis courts, an exercise room, and a meeting center.
Community amenities include a pool, tennis courts, an exercise room, and a meeting center.
Key Highlights
- 1,310‑square‑foot condominium with two bedrooms and two full bathrooms
- Balcony overlooks a wooded area
- Open kitchen and family room with island, stainless steel appliances, and gas fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,542
Cap Rate
6.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,840
$350.8K
Cap Rate 7%
$250,600
$250.6K
Cap Rate 9%
$194,911
$194.9K
Market Conditions
NOI Build-Up for 1,310 SF
Gross rent
$34.1K $26.04/SF
− Vacancy
−$2.2K −$1.69/SF
EGI
$31.9K $24.35/SF
− OpEx
−$14.4K −$10.96/SF
NOI
$17.5K $13.39/SF
Area
Harford County, MD
Vacancy
6.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$350,840
Cap Rate 7%
$250,600
Cap Rate 9%
$194,911
Alternative Uses
Best Use
Apartment 5plus
$250.6K
$219.3K – $292.4K
NOI $17,542 @ 7.0% cap · market cap 6.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$460.9K
$403.3K – $537.8K
NOI $32,265 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Explore this area
Business Placement
Demographics for 21015, MD
30,400
Population
11,584
Households
2.6
Avg Household Size
41
Median Age
52%
College-Educated
96%
High-School Grad
31.2 sq mi
ZIP Area
974
Density / Sq Mi
$137,219
Median Household Income
$70,302
Median Earnings
$1,730
Median Rent
$418,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - An open kitchen and family room connect to a balcony overlooking a wooded area.
Where is this residential income property located?
The property is located at 1300 SCOTTSDALE DRIVE Unit 165 Bel Air, MD.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 1,310‑square‑foot condominium with two bedrooms and two full bathrooms; Balcony overlooks a wooded area; Open kitchen and family room with island, stainless steel appliances, and gas fireplace
