Two-Bedroom Residential
For Sale
$295,000
201 SECRETARIAT DRIVE Unit 201-B, Havre de Grace, MD 21078
The first-floor home has an open layout, updated flooring, and access to Bulle Rock community amenities.
Property Size1,585 SF
Price / SF$186.12
Days on Market37
Property Features for 201 SECRETARIAT DRIVE Unit 201-B
General Information
Standard status
Active
Size
1,585 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$3,340
Building Details
Building Size
1,585 SF
Year Built
2006
Listing Agency:
Corner House Realty
Listed By:
Eui Young Jang
(410) 218-2786
Source:
Ghimirehomes
Added: Sep 23
Changed: Oct 27
Last Checked: Oct 27 at 3:14AM
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 Corner House 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 1,585-square-foot, first-floor residence has two bedrooms, two bathrooms, and an open layout with 9-foot ceilings. Crown molding and updated flooring are among its interior features. The HVAC system and hot water heater were installed in 2026; the building dates to 2006.
Community membership provides access to a golf course, pickleball courts, swimming pools, walking paths, dining, and a Great Room available for private events.
Community membership provides access to a golf course, pickleball courts, swimming pools, walking paths, dining, and a Great Room available for private events.
Key Highlights
- Two bedrooms and two bathrooms on the first floor
- 1,585 square feet with an open layout
- 9‑foot ceilings and crown molding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,225
Cap Rate
7.19%
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 7.19%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$557.7K
$488.0K – $650.7K
NOI $39,039 @ 7.0% cap · market cap 13.23%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
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 - The first-floor home has an open layout, updated flooring, and access to Bulle Rock community amenities.
Where is this residential income property located?
The property is located at 201 SECRETARIAT DRIVE Unit 201-B Havre de Grace, MD.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms on the first floor; 1,585 square feet with an open layout; 9‑foot ceilings and crown molding
