Residential Income Property with
For Sale
$195,000
3102 CARDINAL WY Unit 3102-H, Abingdon, MD 21009
A second-floor layout combines open living and dining areas with a sunroom and private balcony.
Property Size962 SF
Price / SF$202.70
Days on Market30
Property Features for 3102 CARDINAL WY Unit 3102-H
General Information
Standard status
Active
Size
962 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Highway Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,580
Building Details
Building Size
962 SF
Year Built
1992
Listing Agency:
Cummings & Co Realtors
Listed By:
Lana Ophardt · License #574191
(443) 540-1801
Source:
Ghimirehomes
Added: Oct 1
Changed: Oct 27
Last Checked: Oct 26 at 2:55PM
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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Investment Insights
Based on property information with market context.
This 962-square-foot, second-floor residential income property was built in 1992. Its open layout connects the living room and dining area, with a breakfast bar between them. A sunroom off the living space opens to a private balcony. The primary bedroom includes a walk-in closet. Recent interior work includes fresh paint and new carpet in the primary bedroom; windows, a washing machine, a microwave, and a heat pump were also replaced in 2016.
The property is near I-95 and Routes 924 and 24, with grocery stores, shopping centers, restaurants, medical facilities, walking trails, and parks in the surrounding area.
The property is near I-95 and Routes 924 and 24, with grocery stores, shopping centers, restaurants, medical facilities, walking trails, and parks in the surrounding area.
Key Highlights
- 962‑square‑foot second‑floor residence
- Sunroom with access to a private balcony
- Open living and dining areas with a breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,882
Cap Rate
6.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,640
$257.6K
Cap Rate 7%
$184,029
$184.0K
Cap Rate 9%
$143,133
$143.1K
Market Conditions
NOI Build-Up for 962 SF
Gross rent
$25.1K $26.04/SF
− Vacancy
−$1.6K −$1.69/SF
EGI
$23.4K $24.35/SF
− OpEx
−$10.5K −$10.96/SF
NOI
$12.9K $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%
$257,640
Cap Rate 7%
$184,029
Cap Rate 9%
$143,133
Alternative Uses
Best Use
Apartment 5plus
$184.0K
$161.0K – $214.7K
NOI $12,882 @ 7.0% cap · market cap 6.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$338.5K
$296.2K – $394.9K
NOI $23,694 @ 7.0% cap · market cap 12.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
603
Businesses Nearby
Explore this area
Business Placement
Demographics for 21009, MD
31,835
Population
13,106
Households
2.4
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
11.4 sq mi
ZIP Area
2,793
Density / Sq Mi
$117,017
Median Household Income
$62,845
Median Earnings
$1,680
Median Rent
$335,100
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A second-floor layout combines open living and dining areas with a sunroom and private balcony.
Where is this residential income property located?
The property is located at 3102 CARDINAL WY Unit 3102-H Abingdon, MD.
What is the asking price?
The asking price for this property is $195,000.
What are key features of this property?
This property features: 962‑square‑foot second‑floor residence; Sunroom with access to a private balcony; Open living and dining areas with a breakfast bar
