Two-Bedroom Residential
For Sale
$215,000
230 STONY RUN LANE Unit 5G, Baltimore, MD 21210
A first-floor layout combines a private entrance with in-unit laundry and separate storage.
Property Size1,190 SF
Days on Market20
Property Features for 230 STONY RUN LANE Unit 5G
General Information
Standard status
Active
Size
1,190 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,631
Amenities
in-unit laundry
private storage unit
Building Details
Building Size
1,190 SF
Year Built
1925
Construction
Mediterranean
Listing Agency:
Cummings & Co. Realtors
Listed By:
Stephen Travieso · License #673653
(443) 722-1811
Source:
Thehulsmangroup
Added: Sep 23
Changed: Oct 9
Last Checked: Oct 11 at 11:13AM
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
Investment Insights
Based on property information with market context.
This two-bedroom, one-bath residence occupies the first floor of a building constructed in 1925. The unit has its own entrance, windows on three sides, and a living room adjoining the dining area. A separate flexible area offers additional interior space. The kitchen is updated, and laundry is located inside the unit. A second exterior door connects to a private storage unit.
Permitted parking is available just outside the entrance. The property is at 230 Stony Run Lane in Baltimore.
Permitted parking is available just outside the entrance. The property is at 230 Stony Run Lane in Baltimore.
Key Highlights
- Two bedrooms and one full bath
- First‑floor unit with a private entrance
- Windows on three sides
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,504
Cap Rate
7.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,080
$310.1K
Cap Rate 7%
$221,486
$221.5K
Cap Rate 9%
$172,267
$172.3K
Market Conditions
NOI Build-Up for 1,190 SF
Gross rent
$30.0K $25.20/SF
− Vacancy
−$1.8K −$1.51/SF
EGI
$28.2K $23.69/SF
− OpEx
−$12.7K −$10.66/SF
NOI
$15.5K $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%
$310,080
Cap Rate 7%
$221,486
Cap Rate 9%
$172,267
Alternative Uses
Best Use
Apartment 5plus
$221.5K
$193.8K – $258.4K
NOI $15,504 @ 7.0% cap · market cap 7.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$285.1K
$249.5K – $332.6K
NOI $19,956 @ 7.0% cap · market cap 9.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,155
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A first-floor layout combines a private entrance with in-unit laundry and separate storage.
Where is this residential income property located?
The property is located at 230 STONY RUN LANE Unit 5G Baltimore, MD.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Two bedrooms and one full bath; First‑floor unit with a private entrance; Windows on three sides
