Two-Bedroom Condo with Covered
6 FALLEN TREE COURT Unit 6D, Halethorpe, MD 21227
For Sale
$220,000
Updated kitchen, in-unit laundry, and a fireplace add practical features to this condo.
Property Size1,056 SF
Days on Market32
Property Features for 6 FALLEN TREE COURT Unit 6D
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
fireplace
covered rear deck
washer and dryer in unit
Building Details
Building Size
Year Built
Listing Agency:
RE/MAX Advantage Realty
Listed By:
Cynthia A Taylor · License MD #310771
(443) 831-1639
Source:
Bradkappel
Added: Oct 10
Changed: Nov 9
Last Checked: Nov 9 at 2:02PM
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 RE/MAX Advantage Realty
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Investment Insights
Based on property information with market context.
Set within River Chase, this two-bedroom, two-bath condo has an upgraded kitchen with granite countertops and updated cabinetry. The primary bedroom includes a private full bath and double closets. A fireplace, in-unit washer and dryer, and covered rear deck round out the interior and outdoor features. The hot water heater is 3 months old, and the HVAC system is 2 years old.
The property is within walking distance of the Marc train and public transportation, with access to I-95 and I-695. UMBC is nearby, and the covered deck looks toward tree-lined surroundings.
The property is within walking distance of the Marc train and public transportation, with access to I-95 and I-695. UMBC is nearby, and the covered deck looks toward tree-lined surroundings.
Key Highlights
- Two bedrooms and two full bathrooms
- Kitchen includes upgraded cabinets and granite countertops
- Primary bedroom has a private full bath and double closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,548
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,960
$251.0K
Cap Rate 7%
$179,257
$179.3K
Cap Rate 9%
$139,422
$139.4K
Market Conditions
NOI Build-Up for 1,056 SF
Gross rent
$24.6K $23.28/SF
− Vacancy
−$1.8K −$1.68/SF
EGI
$22.8K $21.60/SF
− OpEx
−$10.3K −$9.72/SF
NOI
$12.5K $11.88/SF
Area
Baltimore County, MD
Vacancy
7.20%
Lease Rate
$23.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,960
Cap Rate 7%
$179,257
Cap Rate 9%
$139,422
Alternative Uses
Best Use
Apartment 5plus
$179.3K
$156.9K – $209.1K
NOI $12,548 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$235.4K
$206.0K – $274.7K
NOI $16,480 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
117
Businesses Nearby
Explore this area
Business Placement
Demographics for 21227, MD
35,837
Population
14,260
Households
2.5
Avg Household Size
35
Median Age
27%
College-Educated
85%
High-School Grad
11.3 sq mi
ZIP Area
3,171
Density / Sq Mi
$83,620
Median Household Income
$52,643
Median Earnings
$1,347
Median Rent
$272,400
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Baltimore County, MD
Properties on Market for Residential income properties in Baltimore County
Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen, in-unit laundry, and a fireplace add practical features to this condo.
Where is this residential income property located?
The property is located at 6 FALLEN TREE COURT Unit 6D Halethorpe, MD.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms; Kitchen includes upgraded cabinets and granite countertops; Primary bedroom has a private full bath and double closets
