Residential Income Property with
For Sale
$374,990
406 BOLD RULER COURT Unit 406, Havre de Grace, MD 21078
An open-plan kitchen, dining area, and living room connect within the two-bedroom layout.
Property Size1,353 SF
Price / SF$277.15
Days on Market102
Property Features for 406 BOLD RULER COURT Unit 406
General Information
Standard status
Active
Size
1,353 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1.00
Amenities
private balcony
secure building entrance
Building Details
Building Size
1,353 SF
Year Built
2026
Listing Agency:
Builder Solutions Realty
Listed By:
Terri E Hill · License #629248
(410) 200-0626
Source:
Ghimirehomes
Added: Jul 20
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 Builder Solutions Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,353-square-foot residence has two bedrooms, two full bathrooms, and an open arrangement linking the living room, kitchen, and dining area. A private balcony extends the living space, while a one-car garage provides dedicated parking. The building also has elevator access and a secured entrance. Pets are permitted.
Built in 2026, the residence offers upgraded tile in both bathrooms and closet space in each bedroom.
Built in 2026, the residence offers upgraded tile in both bathrooms and closet space in each bedroom.
Key Highlights
- 1,353 square feet with two bedrooms and two full bathrooms
- Private balcony and one‑car garage
- Elevator access and secured building entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,118
Cap Rate
4.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$362,360
$362.4K
Cap Rate 7%
$258,829
$258.8K
Cap Rate 9%
$201,311
$201.3K
Market Conditions
NOI Build-Up for 1,353 SF
Gross rent
$35.2K $26.04/SF
− Vacancy
−$2.3K −$1.69/SF
EGI
$32.9K $24.35/SF
− OpEx
−$14.8K −$10.96/SF
NOI
$18.1K $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%
$362,360
Cap Rate 7%
$258,829
Cap Rate 9%
$201,311
Alternative Uses
Best Use
Apartment 5plus
$258.8K
$226.5K – $302.0K
NOI $18,118 @ 7.0% cap · market cap 4.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.1K
$416.6K – $555.4K
NOI $33,325 @ 7.0% cap · market cap 8.89%
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 - An open-plan kitchen, dining area, and living room connect within the two-bedroom layout.
Where is this residential income property located?
The property is located at 406 BOLD RULER COURT Unit 406 Havre de Grace, MD.
What is the asking price?
The asking price for this property is $374,990.
What are key features of this property?
This property features: 1,353 square feet with two bedrooms and two full bathrooms; Private balcony and one‑car garage; Elevator access and secured building entrance
