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Three-Bedroom Residential Income Property
For Sale
$245,000

3815 SUNNYFIELD COURT Unit 1C, Hampstead, MD 21074

A ground-floor condo pairs in-unit laundry with a private patio and a flexible third bedroom.

Property Size1,400 SF
Price / SF$175
Days on Market41

Property Features for 3815 SUNNYFIELD COURT Unit 1C

General Information

Standard status Active
Size 1,400 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 3BR/2BA
Multifamily Units 1

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $2,670

Amenities

private patio
in-unit laundry

Building Details

Building Size 1,400 SF
Year Built 2000
Listing Agency: Coldwell Banker Realty
Listed By: Lee S Moreno · License #649964
Source: Cornerstoneagencymd
Added: Sep 20 Changed: Oct 27 Last Checked: Oct 26 at 3:41PM

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 Coldwell Banker Realty

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Investment Insights

Based on property information with market context.

This 1,400-square-foot, three-bedroom, two-bath condo was built in 2000 and occupies the first floor. The third bedroom can also serve as an office or guest room. Luxury vinyl plank flooring runs throughout, and the kitchen has quartz countertops and appliances installed in 2020. The home also includes in-unit laundry and a private ground-level patio.

The property is near Route 30, Greenmount Station restaurant, a Super Walmart, and other shopping and dining options.

Key Highlights

  • 1,400‑square‑foot condo with three bedrooms and two bathrooms
  • First‑floor unit with a private ground‑level patio
  • Third bedroom offers an alternative office or guest‑room setup

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,717
Cap Rate
6.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,340 $314.3K
Cap Rate 7%
$224,529 $224.5K
Cap Rate 9%
$174,633 $174.6K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$30.2K $21.60/SF
− Vacancy
−$1.7K −$1.19/SF
EGI
$28.6K $20.41/SF
− OpEx
−$12.9K −$9.19/SF
NOI
$15.7K $11.23/SF
Area
Carroll County, MD
Vacancy
5.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$314,340
Cap Rate 7%
$224,529
Cap Rate 9%
$174,633

Alternative Uses

Best Use
Apartment 5plus
$224.5K
$196.5K – $262.0K (±1% cap)
NOI $15,717 @ 7.0% cap · market cap 6.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$519.2K
$454.3K – $605.7K (±1% cap)
NOI $36,344 @ 7.0% cap · market cap 14.83%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

302
Businesses Nearby

Demographics for 21074, MD

15,279
Population
6,158
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
97%
High-School Grad
37.7 sq mi
ZIP Area
405
Density / Sq Mi
$101,462
Median Household Income
$60,865
Median Earnings
$1,212
Median Rent
$349,900
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 - A ground-floor condo pairs in-unit laundry with a private patio and a flexible third bedroom.
Where is this residential income property located?
The property is located at 3815 SUNNYFIELD COURT Unit 1C Hampstead, MD.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 1,400‑square‑foot condo with three bedrooms and two bathrooms; First‑floor unit with a private ground‑level patio; Third bedroom offers an alternative office or guest‑room setup
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