Duplex with Detached
For Sale
$250,000
Pending
30 BOND STREET, Westminster, MD 21157
Two separate apartments feature individual kitchens, with the upper unit accessed through a private entrance.
Property Size1,290 SF
Days on Market11
Property Features for 30 BOND STREET
General Information
Standard status
Pending
Size
1,290 SF
Total Parking Spaces
2
Property subtype
Duplex
Units
Unit Mix
1 x 2BR, 1 x 1BR
Multifamily Units
2
Building Details
Year Built
1900
Listing Agency:
RE/MAX Solutions
(410) 871-4300
Listed By:
Ivy K Gifford · License #RSR001022
(443) 398-4599
Source:
Cummingsrealtors
Added: Sep 26
Changed: Oct 4
Last Checked: Oct 5 at 7:32PM
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 RE/MAX Solutions
Investment Insights
Based on property information with market context.
This 1,290-square-foot duplex, built in 1900, is arranged as two apartments. The main-level unit has been used as a two-bedroom residence and includes a kitchen, full bathroom, living area, original wood floors, and access to the basement and rear yard. The upper apartment has its own entrance, kitchen, sitting and living space, bedroom, and full bathroom. A detached two-car garage stands behind the property.
At 30 Bond Street in Westminster, the property sits across from Belle Grove Square, with park views from the front. It is being sold in its current condition.
At 30 Bond Street in Westminster, the property sits across from Belle Grove Square, with park views from the front. It is being sold in its current condition.
Key Highlights
- Two apartments in a 1,290‑square‑foot duplex
- Main‑level apartment used as a two‑bedroom unit
- Upper apartment has a private entrance, kitchen, bedroom, and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,764
Cap Rate
6.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,280
$335.3K
Cap Rate 7%
$239,486
$239.5K
Cap Rate 9%
$186,267
$186.3K
Market Conditions
NOI Build-Up for 1,290 SF
Gross rent
$25.1K $19.44/SF
− Vacancy
−$1.1K −$0.87/SF
EGI
$23.9K $18.57/SF
− OpEx
−$7.2K −$5.57/SF
NOI
$16.8K $13.00/SF
Area
Carroll County, MD
Vacancy
4.50%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,280
Cap Rate 7%
$239,486
Cap Rate 9%
$186,267
Alternative Uses
Best Use
Multifamily LT 5
$239.5K
$209.6K – $279.4K
NOI $16,764 @ 7.0% cap · market cap 6.71%
Second Best
Apartment 5plus
$206.9K
$181.0K – $241.4K
NOI $14,482 @ 7.0% cap · market cap 5.79%
Theoretical Best
Office A
$478.4K
$418.6K – $558.1K
NOI $33,488 @ 7.0% cap · market cap 13.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,373
Businesses Nearby
Explore this area
Business Placement
Demographics for 21157, MD
38,584
Population
15,466
Households
2.5
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
77.7 sq mi
ZIP Area
497
Density / Sq Mi
$102,835
Median Household Income
$50,254
Median Earnings
$1,236
Median Rent
$394,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate apartments feature individual kitchens, with the upper unit accessed through a private entrance.
Where is this duplex located?
The property is located at 30 BOND STREET Westminster, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two apartments in a 1,290‑square‑foot duplex; Main‑level apartment used as a two‑bedroom unit; Upper apartment has a private entrance, kitchen, bedroom, and full bath
