2-Bedroom Residential Income
For Sale
$221,500
4100 CHARDEL ROAD Unit 3B, Baltimore, MD 21236
An open-plan kitchen, dining, and living area connects the main spaces for everyday use.
Property Size1,100 SF
Price / SF$201.36
Days on Market91
Property Features for 4100 CHARDEL ROAD Unit 3B
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,980
Amenities
intercom system
security features
balcony
breakfast area
hardwood floors
upgraded countertops
recessed lighting
washer/dryer
landscaped grounds
common areas
Building Details
Building Size
1,100 SF
Year Built
1992
Listing Agency:
Real Broker, LLC
Listed By:
Carly Leonardo · License #0537547
(301) 491-6727
Source:
Ghimirehomes
Added: Jul 31
Changed: Oct 27
Last Checked: Oct 27 at 4:17AM
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 Real Broker, LLC
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 2-bedroom, 2-bathroom residential unit has an open arrangement connecting the kitchen, dining area, and living room. Hardwood flooring, upgraded countertops, and recessed lighting are among its interior features. The primary suite includes a walk-in closet and private bathroom, while a balcony overlooks trees and wooded surroundings. A breakfast area, washer and dryer, and other appliances are also included.
Built in 1992, the unit is located at 4100 Chardel Road, Unit 3B, in Baltimore. Community features include landscaped grounds and shared outdoor areas. The property also has an intercom system and security features.
Built in 1992, the unit is located at 4100 Chardel Road, Unit 3B, in Baltimore. Community features include landscaped grounds and shared outdoor areas. The property also has an intercom system and security features.
Key Highlights
- Two bedrooms and two bathrooms
- Open‑plan kitchen, dining, and living areas
- Primary suite with walk‑in closet and private bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,331
Cap Rate
6.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,620
$286.6K
Cap Rate 7%
$204,729
$204.7K
Cap Rate 9%
$159,233
$159.2K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$27.7K $25.20/SF
− Vacancy
−$1.7K −$1.51/SF
EGI
$26.1K $23.69/SF
− OpEx
−$11.7K −$10.66/SF
NOI
$14.3K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,620
Cap Rate 7%
$204,729
Cap Rate 9%
$159,233
Alternative Uses
Best Use
Apartment 5plus
$204.7K
$179.1K – $238.9K
NOI $14,331 @ 7.0% cap · market cap 6.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.5K
$230.6K – $307.5K
NOI $18,447 @ 7.0% cap · market cap 8.33%
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
745
Businesses Nearby
Explore this area
Business Placement
Demographics for 21236, MD
40,555
Population
16,267
Households
2.5
Avg Household Size
39
Median Age
40%
College-Educated
91%
High-School Grad
8.9 sq mi
ZIP Area
4,557
Density / Sq Mi
$92,130
Median Household Income
$56,457
Median Earnings
$1,591
Median Rent
$306,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - An open-plan kitchen, dining, and living area connects the main spaces for everyday use.
Where is this residential income property located?
The property is located at 4100 CHARDEL ROAD Unit 3B Baltimore, MD.
What is the asking price?
The asking price for this property is $221,500.
What are key features of this property?
This property features: Two bedrooms and two bathrooms; Open‑plan kitchen, dining, and living areas; Primary suite with walk‑in closet and private bath
