Residential Income Property with
For Sale
$244,900
1310 SHERIDAN PLACE Unit 27, Bel Air, MD 21015
The 2-bedroom, 1-bath unit includes a private balcony and access to community recreation amenities.
Property Size750 SF
Price / SF$326.53
Days on Market97
Property Features for 1310 SHERIDAN PLACE Unit 27
General Information
Standard status
Active
Size
750 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,308
Amenities
private balcony
in-unit laundry
swimming pool
tennis courts
fitness center
community room
Building Details
Building Size
750 SF
Year Built
1994
Year Renovated
2026
Listing Agency:
Cummings & Co Realtors
Listed By:
Monica M. Richardson · License #667863
(410) 218-7554
Source:
Ghimirehomes
Added: Jul 25
Changed: Oct 27
Last Checked: Oct 26 at 3:56PM
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 Cummings & Co Realtors
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 750-square-foot residential income property has two bedrooms and one bathroom. Interior updates include new carpeting and paint, along with a bathroom renovation completed in June 2026. The air conditioning unit and hot water heater were replaced in 2024. Stainless steel kitchen appliances date to 2017, and a separate laundry room provides storage space. A private balcony faces the community tennis courts and swimming pool.
Taylor Ridge residents have access to a fitness center, tennis courts, a swimming pool, and a community room with kitchen facilities. The unit also includes a range, dishwasher, built-in microwave, refrigerator, washer, and dryer.
Taylor Ridge residents have access to a fitness center, tennis courts, a swimming pool, and a community room with kitchen facilities. The unit also includes a range, dishwasher, built-in microwave, refrigerator, washer, and dryer.
Key Highlights
- 750‑square‑foot unit with 2 bedrooms and 1 bathroom
- Private balcony overlooking the community tennis courts and swimming pool
- Bathroom renovation completed in June 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,043
Cap Rate
4.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,860
$200.9K
Cap Rate 7%
$143,471
$143.5K
Cap Rate 9%
$111,589
$111.6K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$19.5K $26.04/SF
− Vacancy
−$1.3K −$1.69/SF
EGI
$18.3K $24.35/SF
− OpEx
−$8.2K −$10.96/SF
NOI
$10.0K $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%
$200,860
Cap Rate 7%
$143,471
Cap Rate 9%
$111,589
Alternative Uses
Best Use
Apartment 5plus
$143.5K
$125.5K – $167.4K
NOI $10,043 @ 7.0% cap · market cap 4.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.9K
$230.9K – $307.9K
NOI $18,473 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - The 2-bedroom, 1-bath unit includes a private balcony and access to community recreation amenities.
Where is this residential income property located?
The property is located at 1310 SHERIDAN PLACE Unit 27 Bel Air, MD.
What is the asking price?
The asking price for this property is $244,900.
What are key features of this property?
This property features: 750‑square‑foot unit with 2 bedrooms and 1 bathroom; Private balcony overlooking the community tennis courts and swimming pool; Bathroom renovation completed in June 2026
