One-Bedroom Home with Enclosed
For Sale
$159,000
5715 HARPERS FARM ROAD Unit C, Columbia, MD 21044
An enclosed patio extends the living area beyond the connected family room, dining space, and kitchen.
Property Size898 SF
Price / SF$177.06
Days on Market62
Property Features for 5715 HARPERS FARM ROAD Unit C
General Information
Standard status
Active
Size
898 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Swansfield
Highway Access
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,963
Amenities
enclosed patio
Building Details
Building Size
898 SF
Year Built
1977
Listing Agency:
Coldwell Banker Realty
Listed By:
Tony Zowd · License #602313
(443) 610-9462
Source:
Genedru
Added: Aug 28
Changed: Oct 27
Last Checked: Oct 26 at 2:48PM
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 Coldwell Banker Realty
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Investment Insights
Based on property information with market context.
This 898-square-foot home has one bedroom and one bathroom. The family room connects with the dining area and kitchen, while an enclosed patio provides additional space. The property was built in 1977.
Access to Route 29, I-95, and the ICC is noted. The home’s layout brings its principal living and dining spaces together, with the patio as a separate enclosed area.
Access to Route 29, I-95, and the ICC is noted. The home’s layout brings its principal living and dining spaces together, with the patio as a separate enclosed area.
Key Highlights
- 898 square feet of living space
- One bedroom and one bathroom
- Enclosed patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,675
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,500
$233.5K
Cap Rate 7%
$166,786
$166.8K
Cap Rate 9%
$129,722
$129.7K
Market Conditions
NOI Build-Up for 898 SF
Gross rent
$22.6K $25.20/SF
− Vacancy
−$1.4K −$1.56/SF
EGI
$21.2K $23.64/SF
− OpEx
−$9.6K −$10.64/SF
NOI
$11.7K $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%
$233,500
Cap Rate 7%
$166,786
Cap Rate 9%
$129,722
Alternative Uses
Best Use
Apartment 5plus
$166.8K
$145.9K – $194.6K
NOI $11,675 @ 7.0% cap · market cap 7.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$285.5K
$249.8K – $333.1K
NOI $19,985 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Yes
Highway access
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 - An enclosed patio extends the living area beyond the connected family room, dining space, and kitchen.
Where is this residential income property located?
The property is located at 5715 HARPERS FARM ROAD Unit C Columbia, MD.
What is the asking price?
The asking price for this property is $159,000.
What are key features of this property?
This property features: 898 square feet of living space; One bedroom and one bathroom; Enclosed patio
