One-Bedroom Residential
For Sale
$129,500
4000 N CHARLES STREET N Unit 1605, Baltimore, MD 21218
Top-floor condominium with building amenities and furnishings available by buyer preference.
Property Size788 SF
Price / SF$164.34
Days on Market415
Property Features for 4000 N CHARLES STREET N Unit 1605
General Information
Standard status
Active
Size
788 SF
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
$2,700
Amenities
pool
fitness center
party room
doorman
on-site management
storage unit
Building Details
Building Size
788 SF
Year Built
1964
Listing Agency:
Monument Sotheby's International Realty
Listed By:
P. Kenerick Maher · License #502482
(410) 419-4321
Source:
Ghimirehomes
Added: Sep 10, 2025
Changed: Oct 27
Last Checked: Oct 26 at 3:15PM
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 Monument Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This 788-square-foot, one-bedroom, one-bath condominium occupies the top floor of The Highfield House, a 1964 building designed by Ludwig Mies van der Rohe and listed on the National Register of Historic Places. The home has an updated bathroom, a kitchen combining original details with later improvements, generous closet space, and a storage unit. Furnishings may remain or be removed; the washer and dryer convey as-is.
Building amenities include a doorman, 24-hour front desk, on-site management and maintenance, a pool, fitness center, and party room. The condo fee covers heat, air conditioning, gas, and hot water. Optional parking is available. The property is near Johns Hopkins University, the Baltimore Museum of Art, Loyola University Maryland, Union Memorial Hospital, and Sherwood Gardens. Rentals are not permitted at The Highfield House.
Building amenities include a doorman, 24-hour front desk, on-site management and maintenance, a pool, fitness center, and party room. The condo fee covers heat, air conditioning, gas, and hot water. Optional parking is available. The property is near Johns Hopkins University, the Baltimore Museum of Art, Loyola University Maryland, Union Memorial Hospital, and Sherwood Gardens. Rentals are not permitted at The Highfield House.
Key Highlights
- 788‑square‑foot, one‑bedroom, one‑bath top‑floor condominium
- Built in 1964; designed by Ludwig Mies van der Rohe
- Building is listed on the National Register of Historic Places
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,142
Cap Rate
7.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,840
$182.8K
Cap Rate 7%
$130,600
$130.6K
Cap Rate 9%
$101,578
$101.6K
Market Conditions
NOI Build-Up for 788 SF
Gross rent
$17.8K $22.56/SF
− Vacancy
−$1.2K −$1.47/SF
EGI
$16.6K $21.09/SF
− OpEx
−$7.5K −$9.49/SF
NOI
$9.1K $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%
$182,840
Cap Rate 7%
$130,600
Cap Rate 9%
$101,578
Alternative Uses
Best Use
Apartment 5plus
$130.6K
$114.3K – $152.4K
NOI $9,142 @ 7.0% cap · market cap 7.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$214.2K
$187.5K – $250.0K
NOI $14,997 @ 7.0% cap · market cap 11.58%
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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Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor condominium with building amenities and furnishings available by buyer preference.
Where is this residential income property located?
The property is located at 4000 N CHARLES STREET N Unit 1605 Baltimore, MD.
What is the asking price?
The asking price for this property is $129,500.
What are key features of this property?
This property features: 788‑square‑foot, one‑bedroom, one‑bath top‑floor condominium; Built in 1964; designed by Ludwig Mies van der Rohe; Building is listed on the National Register of Historic Places
