Two-Bedroom Residential
3908 N CHARLES STREET Unit 1102, Baltimore, MD 21218
For Sale
$395,000
An upper-floor residence combines renovated kitchen finishes, in-unit laundry, individual climate control and garage parking.
Property Size1,849 SF
Price / SF$213.63
Days on Market77
Property Features for 3908 N CHARLES STREET Unit 1102
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Neighborhood
Units
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Amenities
fitness room
outdoor terrace
24-hour front-desk service
full-time building management
wine storage
unfinished basement storage
valet service
Building Details
Building Size
Year Built
Construction
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
Listed By:
Jake Boone · License MD #55582
(410) 917-2129
Source:
Genedru
Added: Aug 27
Changed: Nov 10
Last Checked: Nov 10 at 8:35AM
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
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Investment Insights
Based on property information with market context.
Located on the 11th floor of The Warrington, this 1,849-square-foot residence has two bedrooms and two bathrooms. Living and dining rooms feature parquet flooring and detailed millwork, while a renovated kitchen has granite counters, stainless steel appliances and gas cooking. An adjoining laundry room adds convenience. The primary suite includes ample closet space and a marble bathroom with a jetted tub and separate walk-in shower. Individual heating and cooling units serve each room.
The 1928 building offers a staffed front desk, full-time management, a fitness room and a landscaped terrace. The residence includes one garage parking space on the building’s second level, along with dedicated unfinished basement storage and access to wine storage. Valet service is available.
The 1928 building offers a staffed front desk, full-time management, a fitness room and a landscaped terrace. The residence includes one garage parking space on the building’s second level, along with dedicated unfinished basement storage and access to wine storage. Valet service is available.
Key Highlights
- 1,849‑square‑foot residence on the 11th floor
- Two bedrooms and two bathrooms
- One garage parking space on the building’s second level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,451
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,020
$429.0K
Cap Rate 7%
$306,443
$306.4K
Cap Rate 9%
$238,344
$238.3K
Market Conditions
NOI Build-Up for 1,849 SF
Gross rent
$41.7K $22.56/SF
− Vacancy
−$2.7K −$1.47/SF
EGI
$39.0K $21.09/SF
− OpEx
−$17.6K −$9.49/SF
NOI
$21.5K $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%
$429,020
Cap Rate 7%
$306,443
Cap Rate 9%
$238,344
Alternative Uses
Best Use
Apartment 5plus
$306.4K
$268.1K – $357.5K
NOI $21,451 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$502.7K
$439.9K – $586.5K
NOI $35,190 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
835
Businesses Nearby
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Business Placement
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
$229,800
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Baltimore, MD
Properties on Market for Residential income properties in Baltimore
Frequently Asked Questions
What type of property is this?
Residential income property - An upper-floor residence combines renovated kitchen finishes, in-unit laundry, individual climate control and garage parking.
Where is this residential income property located?
The property is located at 3908 N CHARLES STREET Unit 1102 Baltimore, MD.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 1,849‑square‑foot residence on the 11th floor; Two bedrooms and two bathrooms; One garage parking space on the building’s second level
