Residential Income Property with
3 STONEHENGE CIRCLE Unit 1, Baltimore, MD 21208
For Sale
New
$199,900
Patio-level condo features an open main living area and a separate office nook.
Property Size1,083 SF
Days on Market6
Property Features for 3 STONEHENGE CIRCLE Unit 1
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
community pool
Building Details
Building Size
Year Built
Listing Agency:
Cummings & Co. Realtors
Listed By:
John C Kantorski Jr. · License MD #631872
(410) 458-6312
Source:
Thehulsmangroup
Added: Nov 6
Changed: Nov 10
Last Checked: Nov 10 at 2:32PM
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
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This patio-level condominium, built in 1970, has an open main living area with tile flooring and updated finishes. The kitchen has been renovated, and a separate nook provides flexible interior space. The primary suite includes generous closet space and an adjoining bathroom. A patio extends the living area outdoors.
Residents have access to a community pool and sidewalks. Shopping, restaurants, and parks are nearby in Pikesville.
Residents have access to a community pool and sidewalks. Shopping, restaurants, and parks are nearby in Pikesville.
Key Highlights
- Patio‑level condominium with outdoor patio
- Renovated kitchen and open main living area
- Separate nook for office or other uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,110
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$282,200
$282.2K
Cap Rate 7%
$201,571
$201.6K
Cap Rate 9%
$156,778
$156.8K
Market Conditions
NOI Build-Up for 1,083 SF
Gross rent
$27.3K $25.20/SF
− Vacancy
−$1.6K −$1.51/SF
EGI
$25.7K $23.69/SF
− OpEx
−$11.5K −$10.66/SF
NOI
$14.1K $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%
$282,200
Cap Rate 7%
$201,571
Cap Rate 9%
$156,778
Alternative Uses
Best Use
Apartment 5plus
$201.6K
$176.4K – $235.2K
NOI $14,110 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.5K
$227.0K – $302.7K
NOI $18,162 @ 7.0% cap · market cap 9.09%
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
102
Businesses Nearby
Explore this area
Business Placement
Demographics for 21208, MD
35,007
Population
16,397
Households
2.1
Avg Household Size
46
Median Age
49%
College-Educated
94%
High-School Grad
12.6 sq mi
ZIP Area
2,778
Density / Sq Mi
$90,822
Median Household Income
$55,620
Median Earnings
$1,672
Median Rent
$313,400
Median Home Value
Market
Average Price Trend$/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 - Patio-level condo features an open main living area and a separate office nook.
Where is this residential income property located?
The property is located at 3 STONEHENGE CIRCLE Unit 1 Baltimore, MD.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Patio‑level condominium with outdoor patio; Renovated kitchen and open main living area; Separate nook for office or other uses
