Lake-View Residential Income
For Sale
$800,000
3100 STONE CLIFF DRIVE Unit 206, Baltimore, MD 21209
Second-floor residence with two bedrooms, a den, eat-in kitchen, and private patio overlooking Quarry Lake.
Property Size2,216 SF
Price / SF$361.01
Days on Market18
Property Features for 3100 STONE CLIFF DRIVE Unit 206
General Information
Standard status
Active
Size
2,216 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,716
Building Details
Building Size
2,216 SF
Year Built
2013
Buildings
1
Listing Agency:
Redfin Corp
Listed By:
Courtney Chase · License #641254
(410) 300-6899
Source:
Thehulsmangroup
Added: Sep 18
Changed: Oct 3
Last Checked: Oct 4 at 5:11PM
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 Redfin Corp
Investment Insights
Based on property information with market context.
Unit 206 is a second-floor residential income property in the 3100 building at The Bluffs at Quarry Lake. Built in 2013, the 2,216-square-foot residence includes two bedrooms plus a den, an eat-in kitchen, and multiple living areas. A large private patio extends the living space and faces Quarry Lake, with water views also visible from the bedroom and second-bedroom work area.
The property is located at 3100 Stone Cliff Drive in Baltimore, Maryland. The residence includes space for everyday living, dining, work, and exercise, while HOA documents govern applicable pet rules and restrictions.
The property is located at 3100 Stone Cliff Drive in Baltimore, Maryland. The residence includes space for everyday living, dining, work, and exercise, while HOA documents govern applicable pet rules and restrictions.
Key Highlights
- 2,216‑square‑foot second‑floor Unit 206
- Two bedrooms plus a den
- Large private patio with Quarry Lake views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,871
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$577,420
$577.4K
Cap Rate 7%
$412,443
$412.4K
Cap Rate 9%
$320,789
$320.8K
Market Conditions
NOI Build-Up for 2,216 SF
Gross rent
$55.8K $25.20/SF
− Vacancy
−$3.4K −$1.51/SF
EGI
$52.5K $23.69/SF
− OpEx
−$23.6K −$10.66/SF
NOI
$28.9K $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%
$577,420
Cap Rate 7%
$412,443
Cap Rate 9%
$320,789
Alternative Uses
Best Use
Apartment 5plus
$412.4K
$360.9K – $481.2K
NOI $28,871 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$530.9K
$464.5K – $619.4K
NOI $37,162 @ 7.0% cap · market cap 4.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor residence with two bedrooms, a den, eat-in kitchen, and private patio overlooking Quarry Lake.
Where is this residential income property located?
The property is located at 3100 STONE CLIFF DRIVE Unit 206 Baltimore, MD.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 2,216‑square‑foot second‑floor Unit 206; Two bedrooms plus a den; Large private patio with Quarry Lake views
