Top-Floor Residential Income
For Sale
$285,000
5647 HARPERS FARM RD #F, Columbia, MD 21044
COLUMBIA, MD
Property Size1,314 SF
Price / SF$216.89
Days on Market54
Property Features for 5647 HARPERS FARM RD #F
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 1
Subdivision
DEERING WOODS
Elementary school district
HOWARD COUNTY PUBLIC SCHOOLS
Middle school district
HOWARD COUNTY PUBLIC SCHOOLS
High school district
HOWARD COUNTY PUBLIC SCHOOLS
Standard status
Active
Amenities
walking trails
Building Details
Year built
1977
Listing Agency:
One Bethesda
(240) 497-1700
Listed By:
Andrew J Ascienzo · License #5001752
(301) 602-1146
Added: Aug 14
Changed: Oct 2
Last Checked: Oct 6 at 10:06AM
MLS# MDHW2072236
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This top-floor garden-style condominium offers 1,314 square feet, with two bedrooms and two bathrooms. The kitchen provides ample counter space, and both bedrooms have generous closet space. The interior has been refreshed throughout.
Community walking trails are accessible directly outside the residence, and the shared grounds are maintained. Built in 1977, the unit is located at 5647 Harpers Farm Road in Columbia.
Community walking trails are accessible directly outside the residence, and the shared grounds are maintained. Built in 1977, the unit is located at 5647 Harpers Farm Road in Columbia.
Key Highlights
- Top‑floor garden‑style condominium
- 1,314 square feet with two bedrooms and two bathrooms
- Kitchen with ample counter space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,083
Cap Rate
5.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,660
$341.7K
Cap Rate 7%
$244,043
$244.0K
Cap Rate 9%
$189,811
$189.8K
Market Conditions
NOI Build-Up for 1,314 SF
Gross rent
$33.1K $25.20/SF
− Vacancy
−$2.1K −$1.56/SF
EGI
$31.1K $23.64/SF
− OpEx
−$14.0K −$10.64/SF
NOI
$17.1K $13.00/SF
Area
Columbia, MD
Vacancy
6.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,660
Cap Rate 7%
$244,043
Cap Rate 9%
$189,811
Alternative Uses
Best Use
Apartment 5plus
$244.0K
$213.5K – $284.7K
NOI $17,083 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$417.8K
$365.5K – $487.4K
NOI $29,243 @ 7.0% cap · market cap 10.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,145
Businesses Nearby
Explore this area
Business Placement
Demographics for 21044, MD
44,284
Population
19,776
Households
2.2
Avg Household Size
39
Median Age
67%
College-Educated
96%
High-School Grad
11.9 sq mi
ZIP Area
3,721
Density / Sq Mi
$132,924
Median Household Income
$69,565
Median Earnings
$2,096
Median Rent
$541,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom, two-bath residence has a kitchen with ample counter space.
Where is this residential income property located?
The property is located at 5647 HARPERS FARM RD #F Columbia, MD.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Top‑floor garden‑style condominium; 1,314 square feet with two bedrooms and two bathrooms; Kitchen with ample counter space
