Two-Bedroom Residential Income
For Sale
$172,000
211 CROCKER DRIVE Unit 211-B, Bel Air, MD 21014
Updated interiors include an open living area, separate dining space, and a dedicated laundry room.
Property Size1,000 SF
Price / SF$172
Days on Market48
Property Features for 211 CROCKER DRIVE Unit 211-B
General Information
Standard status
Active
Size
1,000 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,643
Building Details
Building Size
1,000 SF
Year Built
1971
Listing Agency:
Cummings & Co. Realtors
Listed By:
John C Kantorski Jr. · License #631872
(410) 458-6312
Source:
Ghimirehomes
Added: Sep 12
Changed: Oct 27
Last Checked: Oct 26 at 3:01PM
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 1,000-square-foot residential income property offers two bedrooms, a hall bathroom, and an open main living area. A separate dining area connects to the kitchen, which has stainless steel appliances. New flooring extends throughout the unit, and a dedicated laundry room includes storage. The property was built in 1971 and has patio-level entry.
Key Highlights
- 1,000 square feet with two bedrooms
- Stainless steel kitchen appliances and separate dining area
- Dedicated laundry room with storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,391
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,820
$267.8K
Cap Rate 7%
$191,300
$191.3K
Cap Rate 9%
$148,789
$148.8K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$26.0K $26.04/SF
− Vacancy
−$1.7K −$1.69/SF
EGI
$24.3K $24.35/SF
− OpEx
−$11.0K −$10.96/SF
NOI
$13.4K $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%
$267,820
Cap Rate 7%
$191,300
Cap Rate 9%
$148,789
Alternative Uses
Best Use
Apartment 5plus
$191.3K
$167.4K – $223.2K
NOI $13,391 @ 7.0% cap · market cap 7.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$351.9K
$307.9K – $410.5K
NOI $24,630 @ 7.0% cap · market cap 14.32%
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
795
Businesses Nearby
Explore this area
Business Placement
Demographics for 21014, MD
38,395
Population
14,975
Households
2.6
Avg Household Size
41
Median Age
45%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,762
Density / Sq Mi
$113,825
Median Household Income
$59,656
Median Earnings
$1,571
Median Rent
$407,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors include an open living area, separate dining space, and a dedicated laundry room.
Where is this residential income property located?
The property is located at 211 CROCKER DRIVE Unit 211-B Bel Air, MD.
What is the asking price?
The asking price for this property is $172,000.
What are key features of this property?
This property features: 1,000 square feet with two bedrooms; Stainless steel kitchen appliances and separate dining area; Dedicated laundry room with storage
