Two-Bedroom Residential
New
For Sale
$95,000
4408 FALLS BRIDGE DRIVE Unit K, Baltimore, MD 21211
The first-floor layout is adjacent to the laundry room.
Property Size638 SF
Days on Market5
Property Features for 4408 FALLS BRIDGE DRIVE Unit K
General Information
Standard status
Active
Size
638 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$1,836
Building Details
Building Size
638 SF
Year Built
1967
Listing Agency:
Valkenet Brokerage, LLC.
Listed By:
Thomas C Valkenet · License #5005805
(443) 400-5229
Source:
Thehulsmangroup
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:00PM
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 Valkenet Brokerage, LLC.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This residential unit has 2 BR and 1 BA on the first floor, beside the laundry room. Remodeling is scheduled for Spring, 2026.
The property is near I-83, with walking access to Poly H.S. and Medfield Elementary School. Grocery stores and other amenities are nearby.
The property is near I-83, with walking access to Poly H.S. and Medfield Elementary School. Grocery stores and other amenities are nearby.
Key Highlights
- 2 BR, 1 BA first‑floor unit
- Remodeled in Spring, 2026
- Adjacent to the laundry room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,312
Cap Rate
8.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$166,240
$166.2K
Cap Rate 7%
$118,743
$118.7K
Cap Rate 9%
$92,356
$92.4K
Market Conditions
NOI Build-Up for 638 SF
Gross rent
$16.1K $25.20/SF
− Vacancy
−$965 −$1.51/SF
EGI
$15.1K $23.69/SF
− OpEx
−$6.8K −$10.66/SF
NOI
$8.3K $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%
$166,240
Cap Rate 7%
$118,743
Cap Rate 9%
$92,356
Alternative Uses
Best Use
Apartment 5plus
$118.7K
$103.9K – $138.5K
NOI $8,312 @ 7.0% cap · market cap 8.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$152.8K
$133.7K – $178.3K
NOI $10,699 @ 7.0% cap · market cap 11.26%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
721
Businesses Nearby
Explore this area
Business Placement
Demographics for 21211, MD
17,721
Population
9,056
Households
2
Avg Household Size
37
Median Age
61%
College-Educated
93%
High-School Grad
2.9 sq mi
ZIP Area
6,111
Density / Sq Mi
$81,467
Median Household Income
$64,019
Median Earnings
$1,577
Median Rent
$274,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - The first-floor layout is adjacent to the laundry room.
Where is this residential income property located?
The property is located at 4408 FALLS BRIDGE DRIVE Unit K Baltimore, MD.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: 2 BR, 1 BA first‑floor unit; Remodeled in Spring, 2026; Adjacent to the laundry room
