Residential Income Property with
For Sale
$340,000
403 BOLD RULER COURT Unit 404, Havre de Grace, MD 21078
A fourth-floor condominium includes secure elevator access and a garage with main-floor entry.
Property Size1,303 SF
Price / SF$260.94
Days on Market27
Property Features for 403 BOLD RULER COURT Unit 404
General Information
Standard status
Active
Size
1,303 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Penthouse Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,010
Amenities
clubhouse
indoor/outdoor pools
fitness center
golf access
Building Details
Building Size
1,303 SF
Year Built
2022
Listing Agency:
American Premier Realty, LLC
Listed By:
Christal L Ghio · License #668586
(443) 910-1765
Source:
Ghimirehomes
Added: Oct 3
Changed: Oct 27
Last Checked: Oct 26 at 2:55PM
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 American Premier Realty, LLC
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Investment Insights
Based on property information with market context.
This 1,303-square-foot condominium was built in 2022 and occupies the fourth floor of a gated community. The two-bedroom, two-bath layout includes an open living area, built-in shelving, luxury vinyl plank flooring, stainless steel appliances, and granite countertops. The primary bedroom has a walk-in closet and private bath. A single garage with main-floor access is included, and secure elevator service reaches the residence. Furnishings may be purchased separately through a separate agreement.
Community amenities include a clubhouse, indoor and outdoor pools, a fitness center, and golf access.
Community amenities include a clubhouse, indoor and outdoor pools, a fitness center, and golf access.
Key Highlights
- 1,303‑square‑foot condominium built in 2022
- Two bedrooms and two bathrooms on the fourth floor
- Single garage with main‑floor access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,449
Cap Rate
5.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,980
$349.0K
Cap Rate 7%
$249,271
$249.3K
Cap Rate 9%
$193,878
$193.9K
Market Conditions
NOI Build-Up for 1,303 SF
Gross rent
$33.9K $26.04/SF
− Vacancy
−$2.2K −$1.69/SF
EGI
$31.7K $24.35/SF
− OpEx
−$14.3K −$10.96/SF
NOI
$17.4K $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%
$348,980
Cap Rate 7%
$249,271
Cap Rate 9%
$193,878
Alternative Uses
Best Use
Apartment 5plus
$249.3K
$218.1K – $290.8K
NOI $17,449 @ 7.0% cap · market cap 5.13%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$458.5K
$401.2K – $534.9K
NOI $32,093 @ 7.0% cap · market cap 9.44%
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
31
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - A fourth-floor condominium includes secure elevator access and a garage with main-floor entry.
Where is this residential income property located?
The property is located at 403 BOLD RULER COURT Unit 404 Havre de Grace, MD.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 1,303‑square‑foot condominium built in 2022; Two bedrooms and two bathrooms on the fourth floor; Single garage with main‑floor access
