Residential Income Property with
For Sale
$339,990
259 BECKENHAM CIRCLE Unit 404, Bel Air, MD 21014
The two-bedroom residence includes an upper-level loft and a private balcony within a 55+ community.
Property Size1,750 SF
Price / SF$194.28
Days on Market238
Property Features for 259 BECKENHAM CIRCLE Unit 404
General Information
Standard status
Active
Size
1,750 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,808
Amenities
private balcony
Building Details
Building Size
1,750 SF
Year Built
2009
Listing Agency:
Boyle & Kahoe Real Estate
Listed By:
Donald Potter · License #5015209
(443) 504-8485
Source:
Ghimirehomes
Added: Mar 5
Changed: Oct 27
Last Checked: Oct 26 at 3:37PM
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 Boyle & Kahoe Real Estate
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Investment Insights
Based on property information with market context.
This two-level condominium offers 1,750 square feet, with two bedrooms, vaulted ceilings and an open-concept layout. The primary bedroom has an en-suite bath, while the second bedroom connects privately to a Jack-and-Jill bathroom. An upstairs loft adds flexible interior space, and a private balcony provides outdoor access. The residence was built in 2009 and is located in a 55+ community.
Shopping, dining and everyday services are described as minutes away, along with major commuter routes.
Shopping, dining and everyday services are described as minutes away, along with major commuter routes.
Key Highlights
- 1,750‑square‑foot, two‑level condominium
- Two bedrooms, including a primary suite with en‑suite bath
- Second bedroom has private access to a Jack‑and‑Jill bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,434
Cap Rate
6.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,680
$468.7K
Cap Rate 7%
$334,771
$334.8K
Cap Rate 9%
$260,378
$260.4K
Market Conditions
NOI Build-Up for 1,750 SF
Gross rent
$45.6K $26.04/SF
− Vacancy
−$3.0K −$1.69/SF
EGI
$42.6K $24.35/SF
− OpEx
−$19.2K −$10.96/SF
NOI
$23.4K $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%
$468,680
Cap Rate 7%
$334,771
Cap Rate 9%
$260,378
Alternative Uses
Best Use
Apartment 5plus
$334.8K
$292.9K – $390.6K
NOI $23,434 @ 7.0% cap · market cap 6.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$615.8K
$538.8K – $718.4K
NOI $43,103 @ 7.0% cap · market cap 12.68%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,148
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom residence includes an upper-level loft and a private balcony within a 55+ community.
Where is this residential income property located?
The property is located at 259 BECKENHAM CIRCLE Unit 404 Bel Air, MD.
What is the asking price?
The asking price for this property is $339,990.
What are key features of this property?
This property features: 1,750‑square‑foot, two‑level condominium; Two bedrooms, including a primary suite with en‑suite bath; Second bedroom has private access to a Jack‑and‑Jill bathroom
