Two-Bedroom Residential Condo with
New
For Sale
$485,000
5910 GREAT STAR DRIVE Unit 304, Clarksville, MD 21029
A third-floor home includes two full bathrooms, in-unit laundry, an attached garage, and a separate reserved parking space.
Property Size1,500 SF
Days on Market4
Property Features for 5910 GREAT STAR DRIVE Unit 304
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,683
Amenities
ceiling fans
in-unit washer and dryer
Building Details
Building Size
1,500 SF
Year Built
2003
Listing Agency:
EXP Realty, LLC
Listed By:
Blake James · License #5003233
(443) 472-1139
Source:
Thehulsmangroup
Added: Oct 21
Changed: Oct 23
Last Checked: Oct 23 at 5:04PM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
Built in 2003, this third-floor residential condo has two bedrooms, two full bathrooms, and a den. The kitchen and living area share an open layout, while the den offers an additional flexible room. Three ceiling fans, an in-unit washer and dryer, and an attached garage are included; a dedicated parking space is positioned in front of the garage.
The property is near the Village Center, shops, dining, walking paths, and Columbia Gym.
The property is near the Village Center, shops, dining, walking paths, and Columbia Gym.
Key Highlights
- Two bedrooms, two full bathrooms, and a den
- Third‑floor condo built in 2003
- Attached garage and an additional dedicated parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,501
Cap Rate
4.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$390,020
$390.0K
Cap Rate 7%
$278,586
$278.6K
Cap Rate 9%
$216,678
$216.7K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$37.8K $25.20/SF
− Vacancy
−$2.3K −$1.56/SF
EGI
$35.5K $23.64/SF
− OpEx
−$16.0K −$10.64/SF
NOI
$19.5K $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%
$390,020
Cap Rate 7%
$278,586
Cap Rate 9%
$216,678
Alternative Uses
Best Use
Apartment 5plus
$278.6K
$243.8K – $325.0K
NOI $19,501 @ 7.0% cap · market cap 4.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$476.9K
$417.3K – $556.4K
NOI $33,382 @ 7.0% cap · market cap 6.88%
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
Location Intelligence
Trade Area within ½ mile
279
Businesses Nearby
Explore this area
Business Placement
Demographics for 21029, MD
12,919
Population
4,155
Households
3.1
Avg Household Size
43
Median Age
82%
College-Educated
99%
High-School Grad
16.9 sq mi
ZIP Area
764
Density / Sq Mi
$250,001
Median Household Income
$115,700
Median Earnings
$3,501
Median Rent
$904,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A third-floor home includes two full bathrooms, in-unit laundry, an attached garage, and a separate reserved parking space.
Where is this residential income property located?
The property is located at 5910 GREAT STAR DRIVE Unit 304 Clarksville, MD.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: Two bedrooms, two full bathrooms, and a den; Third‑floor condo built in 2003; Attached garage and an additional dedicated parking space
