Two-Bedroom Residential
For Sale
$299,000
200 SECRETARIAT DRIVE Unit 200-D, Havre de Grace, MD 21078
A first-floor residence offers a two-bedroom, two-bathroom layout within a residential income property.
Property Size1,585 SF
Price / SF$188.64
Days on Market21
Property Features for 200 SECRETARIAT DRIVE Unit 200-D
General Information
Standard status
Active
Size
1,585 SF
Property subtype
Penthouse Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,340
Building Details
Building Size
1,585 SF
Year Built
2006
Listing Agency:
Coldwell Banker Realty
Listed By:
David Marc Niedzialkowski · License #5004901
(443) 377-2672
Source:
Ghimirehomes
Added: Oct 9
Changed: Oct 27
Last Checked: Oct 26 at 2:26PM
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 Coldwell Banker Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential condo includes two bedrooms and two bathrooms across 1,585 square feet of interior space. Positioned on the first floor, the unit was built in 2006.
The property is located in Havre de Grace, Maryland.
The property is located in Havre de Grace, Maryland.
Key Highlights
- 1,585‑square‑foot first‑floor condo
- Two‑bedroom, two‑bathroom configuration
- Built in 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,225
Cap Rate
7.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$424,500
$424.5K
Cap Rate 7%
$303,214
$303.2K
Cap Rate 9%
$235,833
$235.8K
Market Conditions
NOI Build-Up for 1,585 SF
Gross rent
$41.3K $26.04/SF
− Vacancy
−$2.7K −$1.69/SF
EGI
$38.6K $24.35/SF
− OpEx
−$17.4K −$10.96/SF
NOI
$21.2K $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%
$424,500
Cap Rate 7%
$303,214
Cap Rate 9%
$235,833
Alternative Uses
Best Use
Apartment 5plus
$303.2K
$265.3K – $353.8K
NOI $21,225 @ 7.0% cap · market cap 7.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$557.7K
$488.0K – $650.7K
NOI $39,039 @ 7.0% cap · market cap 13.06%
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
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 21078, MD
20,321
Population
8,760
Households
2.3
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
675
Density / Sq Mi
$109,451
Median Household Income
$53,942
Median Earnings
$1,331
Median Rent
$355,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A first-floor residence offers a two-bedroom, two-bathroom layout within a residential income property.
Where is this residential income property located?
The property is located at 200 SECRETARIAT DRIVE Unit 200-D Havre de Grace, MD.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 1,585‑square‑foot first‑floor condo; Two‑bedroom, two‑bathroom configuration; Built in 2006
