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Renovated One-Bedroom Condo
For Sale
$225,000

3801 CANTERBURY ROAD Unit 611, Baltimore, MD 21218

Residents have access to a 24-hour doorman and front desk, along with deeded garage parking.

Property Size856 SF
Price / SF$262.85
Days on Market174

Property Features for 3801 CANTERBURY ROAD Unit 611

General Information

Standard status Active
Size 856 SF
Total Parking Spaces 1
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Tuscany-Canterbury

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $4,396

Amenities

24-hour doorman and front desk
additional storage in the garage

Building Details

Building Size 856 SF
Year Built 1990
Listing Agency: Berkshire Hathaway HomeServices Homesale Realty
Listed By: Stanley S Zerden · License #605133
Source: Genedru
Added: May 9 Changed: Oct 27 Last Checked: Oct 26 at 4:40PM

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 Berkshire Hathaway HomeServices Homesale Realty

Rey
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Investment Insights

Based on property information with market context.

This renovated condominium offers one bedroom and one bathroom across 856 square feet. The unit was built in 1990 and includes a deeded garage parking space, plus additional storage in the garage.

The building provides a 24-hour doorman and front desk. JHU Homewood Field is directly across from the property.

Key Highlights

  • Renovated 1‑bedroom, 1‑bathroom condo with 856 square feet
  • Deeded garage parking space included, with additional garage storage
  • Building has a 24‑hour doorman and front desk

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$9,931
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,620 $198.6K
Cap Rate 7%
$141,871 $141.9K
Cap Rate 9%
$110,344 $110.3K
Market Conditions
NOI Build-Up for 856 SF
Gross rent
$19.3K $22.56/SF
− Vacancy
−$1.3K −$1.47/SF
EGI
$18.1K $21.09/SF
− OpEx
−$8.1K −$9.49/SF
NOI
$9.9K $11.60/SF
Area
ZIP 21218
Vacancy
6.50%
Lease Rate
$22.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,620
Cap Rate 7%
$141,871
Cap Rate 9%
$110,344

Alternative Uses

Best Use
Apartment 5plus
$141.9K
$124.1K – $165.5K (±1% cap)
NOI $9,931 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$232.7K
$203.6K – $271.5K (±1% cap)
NOI $16,291 @ 7.0% cap · market cap 7.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

2,075
Businesses Nearby

Demographics for 21218, MD

46,238
Population
21,751
Households
2.1
Avg Household Size
34
Median Age
44%
College-Educated
90%
High-School Grad
4.3 sq mi
ZIP Area
10,753
Density / Sq Mi
$58,378
Median Household Income
$38,316
Median Earnings
$1,239
Median Rent
$229,800
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 - Residents have access to a 24-hour doorman and front desk, along with deeded garage parking.
Where is this residential income property located?
The property is located at 3801 CANTERBURY ROAD Unit 611 Baltimore, MD.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Renovated 1‑bedroom, 1‑bathroom condo with 856 square feet; Deeded garage parking space included, with additional garage storage; Building has a 24‑hour doorman and front desk
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