Two-Bedroom Residential
For Sale
$459,990
402 BOLD RULER COURT Unit 208, Havre de Grace, MD 21078
Designed for residents 55 and older, the home includes a private study and garage.
Property Size1,864 SF
Price / SF$246.78
Days on Market73
Property Features for 402 BOLD RULER COURT Unit 208
General Information
Standard status
Active
Size
1,864 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Building Details
Building Size
1,864 SF
Year Built
2026
Buildings
1
Listing Agency:
Builder Solutions Realty
Listed By:
Terri E Hill · License #629248
(410) 200-0626
Source:
Ghimirehomes
Added: Aug 18
Changed: Oct 27
Last Checked: Oct 26 at 3:09PM
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 Builder Solutions Realty
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Investment Insights
Based on property information with market context.
This 1,864-square-foot condominium was built in 2026 and is in an elevator building designated for residents 55 and older. The floor plan includes two bedrooms, two full bathrooms, a powder room, and a private study. A kitchen with an island, walk-in pantry, and appliances opens to the living and dining area. The owner’s suite and main living area each connect to the private balcony. Windows on three sides and only two shared walls are features of this layout. The home also has a laundry room and a private one-car garage.
The property is one of two buildings in the community identified for residents 55 and older. Custom paint, upgraded trim, and finishes are included in the interior. Storage areas and oversized garages are available for purchase.
The property is one of two buildings in the community identified for residents 55 and older. Custom paint, upgraded trim, and finishes are included in the interior. Storage areas and oversized garages are available for purchase.
Key Highlights
- 1,864‑square‑foot condominium built in 2026
- Two bedrooms, two full bathrooms, a powder room, and a private study
- Private balcony with access from the living area and owner’s suite
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,961
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,220
$499.2K
Cap Rate 7%
$356,586
$356.6K
Cap Rate 9%
$277,344
$277.3K
Market Conditions
NOI Build-Up for 1,864 SF
Gross rent
$48.5K $26.04/SF
− Vacancy
−$3.2K −$1.69/SF
EGI
$45.4K $24.35/SF
− OpEx
−$20.4K −$10.96/SF
NOI
$25.0K $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%
$499,220
Cap Rate 7%
$356,586
Cap Rate 9%
$277,344
Alternative Uses
Best Use
Apartment 5plus
$356.6K
$312.0K – $416.0K
NOI $24,961 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$655.9K
$573.9K – $765.2K
NOI $45,911 @ 7.0% cap · market cap 9.98%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Explore this area
Business Placement
Demographics for 21078, MD
20,321
Population
8,760
Households
2.3
Avg Household Size
46
Median Age
41%
College-Educated
93%
High-School Grad
30.1 sq mi
ZIP Area
675
Density / Sq Mi
$109,451
Median Household Income
$53,942
Median Earnings
$1,331
Median Rent
$355,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Designed for residents 55 and older, the home includes a private study and garage.
Where is this residential income property located?
The property is located at 402 BOLD RULER COURT Unit 208 Havre de Grace, MD.
What is the asking price?
The asking price for this property is $459,990.
What are key features of this property?
This property features: 1,864‑square‑foot condominium built in 2026; Two bedrooms, two full bathrooms, a powder room, and a private study; Private balcony with access from the living area and owner’s suite
