Residential Condo with
23 HAMILL ROAD Unit 23E, Baltimore, MD 21210
For Sale
$255,000
Three bedrooms, two full bathrooms, and updated kitchen components support comfortable residential use.
Property Size1,564 SF
Days on Market17
Property Features for 23 HAMILL ROAD Unit 23E
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
balcony
storage locker
landscaped grounds
security patrols
video security
gated community
washer
dryer
dishwasher
walk-in closet
built-ins
Building Details
Building Size
Year Built
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
Listed By:
Andrew Undem · License MD #646143
(410) 322-3670
Source:
Thehulsmangroup
Added: Oct 26
Changed: Nov 7
Last Checked: Nov 10 at 1:55PM
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 Berkshire Hathaway HomeServices Homesale Realty
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Investment Insights
Based on property information with market context.
This three-bedroom condo has two full bathrooms and a west-facing balcony. The primary bedroom includes a walk-in closet and a second closet, while built-in features in the third bedroom offer flexibility for a home office or den. The washer, dryer, dishwasher, and kitchen countertops were replaced in 2024, and an additional storage locker is included.
The home is within the gated Cross Keys community in Baltimore. Security patrols and video monitoring cover the community’s main roads. Shopping and dining are accessible nearby, and Village Square is undergoing redevelopment with new restaurants and shops planned for the community.
The home is within the gated Cross Keys community in Baltimore. Security patrols and video monitoring cover the community’s main roads. Shopping and dining are accessible nearby, and Village Square is undergoing redevelopment with new restaurants and shops planned for the community.
Key Highlights
- Three‑bedroom condo with two full bathrooms
- West‑facing balcony
- Primary bedroom has a walk‑in closet and an additional closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,376
Cap Rate
7.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$407,520
$407.5K
Cap Rate 7%
$291,086
$291.1K
Cap Rate 9%
$226,400
$226.4K
Market Conditions
NOI Build-Up for 1,564 SF
Gross rent
$39.4K $25.20/SF
− Vacancy
−$2.4K −$1.51/SF
EGI
$37.0K $23.69/SF
− OpEx
−$16.7K −$10.66/SF
NOI
$20.4K $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%
$407,520
Cap Rate 7%
$291,086
Cap Rate 9%
$226,400
Alternative Uses
Best Use
Apartment 5plus
$291.1K
$254.7K – $339.6K
NOI $20,376 @ 7.0% cap · market cap 7.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$374.7K
$327.9K – $437.1K
NOI $26,228 @ 7.0% cap · market cap 10.29%
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
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 21210, MD
14,441
Population
5,416
Households
2.7
Avg Household Size
32
Median Age
83%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,247
Density / Sq Mi
$108,929
Median Household Income
$43,474
Median Earnings
$1,498
Median Rent
$521,700
Median Home Value
Market
Average Price Trend$/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 - Three bedrooms, two full bathrooms, and updated kitchen components support comfortable residential use.
Where is this residential income property located?
The property is located at 23 HAMILL ROAD Unit 23E Baltimore, MD.
What is the asking price?
The asking price for this property is $255,000.
What are key features of this property?
This property features: Three‑bedroom condo with two full bathrooms; West‑facing balcony; Primary bedroom has a walk‑in closet and an additional closet
