Two-Bedroom Condo with
14 CLOVERWOOD COURT Unit 201, Baltimore, MD 21221
For Sale
$145,000
The two-bedroom, one-bath layout includes a covered balcony and a recently installed HVAC system.
Property Size739 SF
Price / SF$196.21
Days on Market82
Property Features for 14 CLOVERWOOD COURT Unit 201
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Tenant in Place
Taxes and HOA fees
Annual Taxes
Amenities
private covered balcony
Building Details
Building Size
Year Built
Listing Agency:
Marsh Realty
Listed By:
Craig P Marsh · License MD #634396
(301) 875-5978
Source:
Ghimirehomes
Added: Aug 22
Changed: Nov 10
Last Checked: Nov 10 at 9:31PM
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 Marsh Realty
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 1990 condo has two bedrooms, one full bathroom, and a living area that opens to the dining space. Sliding doors connect the living room to a private covered balcony. The kitchen includes cabinet and counter space, and the unit has vinyl plank flooring, replacement windows, a new sliding patio door, and a new HVAC system.
The residence is in Baltimore, Maryland, with shopping, dining, commuter routes, and everyday services described as accessible from the area.
The residence is in Baltimore, Maryland, with shopping, dining, commuter routes, and everyday services described as accessible from the area.
Key Highlights
- Two bedrooms and one full bathroom
- Private covered balcony accessed from the living room
- New HVAC system, vinyl plank flooring, windows, and sliding patio door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,628
Cap Rate
6.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$192,560
$192.6K
Cap Rate 7%
$137,543
$137.5K
Cap Rate 9%
$106,978
$107.0K
Market Conditions
NOI Build-Up for 739 SF
Gross rent
$18.6K $25.20/SF
− Vacancy
−$1.1K −$1.51/SF
EGI
$17.5K $23.69/SF
− OpEx
−$7.9K −$10.66/SF
NOI
$9.6K $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%
$192,560
Cap Rate 7%
$137,543
Cap Rate 9%
$106,978
Alternative Uses
Best Use
Apartment 5plus
$137.5K
$120.4K – $160.5K
NOI $9,628 @ 7.0% cap · market cap 6.64%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$177.0K
$154.9K – $206.6K
NOI $12,393 @ 7.0% cap · market cap 8.55%
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
259
Businesses Nearby
Explore this area
Business Placement
Demographics for 21221, MD
43,381
Population
18,364
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
15.0 sq mi
ZIP Area
2,892
Density / Sq Mi
$67,368
Median Household Income
$44,416
Median Earnings
$1,305
Median Rent
$266,800
Median Home Value
Market
Average Price Trend$/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 - The two-bedroom, one-bath layout includes a covered balcony and a recently installed HVAC system.
Where is this residential income property located?
The property is located at 14 CLOVERWOOD COURT Unit 201 Baltimore, MD.
What is the asking price?
The asking price for this property is $145,000.
What are key features of this property?
This property features: Two bedrooms and one full bathroom; Private covered balcony accessed from the living room; New HVAC system, vinyl plank flooring, windows, and sliding patio door
