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Lake-View Residential Income Property
New
For Sale
$829,000

2900 STONE CLIFF DR #310, Baltimore, MD 21209

BALTIMORE, MD

Property Size2,300 SF
Price / SF$360.43
Days on Market7

Property Features for 2900 STONE CLIFF DR #310

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 2
Bathrooms 3
Full bathrooms 2
Half bathrooms 1
Rooms Bedroom 1, Bedroom 2
Subdivision THE BLUFFS AT QUARRY LAKE
Elementary school district BALTIMORE COUNTY PUBLIC SCHOOLS
Middle school district BALTIMORE COUNTY PUBLIC SCHOOLS
High school district BALTIMORE COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

pool
fitness center
jog/walking paths
community center
Lake
tennis courts
meeting room
secured entrance

Building Details

Year built 2007
Listing Agency: Baltimore Regional Center
Listed By: Aphy Liebno
Added: Sep 29 Changed: Sep 30 Last Checked: Oct 5 at 6:06PM
MLS# MDBC2176236

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located on the third floor, this approximately 2,300-square-foot residence has two bedrooms, a den or home office, a separate sitting room, and a spacious laundry room. The kitchen was renovated about five years ago and features quartz counters, an island, double ovens, a gas cooktop, a wine cooler, and extensive cabinetry. A stone fireplace anchors the living room, while the primary suite includes two closets and a walk-in shower. Both bedrooms offer lake views. The property also includes one garage parking space and a storage locker.

The home is within a gated community with a pool, fitness center, tennis courts, walking paths, elevators, and a community center. The Shops at The Quarry, with dining, retail, grocery, and pharmacy services, are within walking distance. The building was constructed in 2007.

Key Highlights

  • Approximately 2,300 sq. ft. of interior space
  • Third‑floor residence with lake views from both bedrooms
  • Renovated kitchen includes quartz countertops, an island, double ovens, gas cooktop, and wine cooler

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$29,965
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$599,300 $599.3K
Cap Rate 7%
$428,071 $428.1K
Cap Rate 9%
$332,944 $332.9K
Market Conditions
NOI Build-Up for 2,300 SF
Gross rent
$58.0K $25.20/SF
− Vacancy
−$3.5K −$1.51/SF
EGI
$54.5K $23.69/SF
− OpEx
−$24.5K −$10.66/SF
NOI
$30.0K $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%
$599,300
Cap Rate 7%
$428,071
Cap Rate 9%
$332,944

Alternative Uses

Best Use
Apartment 5plus
$428.1K
$374.6K – $499.4K (±1% cap)
NOI $29,965 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$551.0K
$482.1K – $642.9K (±1% cap)
NOI $38,571 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Crestview Condominium Complex 2900 3000 Condominium ... Association Or Organization

Suggested Use

Top Pick Hair Salon Restaurant Parking Lot & Garage Nail Salon HVAC Service Food Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

693
Businesses Nearby

Demographics for 21209, MD

28,659
Population
12,086
Households
2.4
Avg Household Size
37
Median Age
60%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
4,409
Density / Sq Mi
$87,669
Median Household Income
$57,694
Median Earnings
$1,640
Median Rent
$418,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - This third-floor residence includes a renovated kitchen, two bedrooms, a den, and one garage parking space.
Where is this residential income property located?
The property is located at 2900 STONE CLIFF DR #310 Baltimore, MD.
What is the asking price?
The asking price for this property is $829,000.
What are key features of this property?
This property features: Approximately 2,300 sq. ft. of interior space; Third‑floor residence with lake views from both bedrooms; Renovated kitchen includes quartz countertops, an island, double ovens, gas cooktop, and wine cooler
More about this property
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