Residential Income Property with
New
For Sale
$250,000
6330 BAYBERRY COURT Unit 810, Elkridge, MD 21075
A two-bedroom, one-bath condo includes a private outdoor space and access to community recreation amenities.
Property Size830 SF
Days on Market6
Property Features for 6330 BAYBERRY COURT Unit 810
General Information
Standard status
Active
Size
830 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,067
Amenities
pool
play area
Building Details
Building Size
830 SF
Year Built
1994
Listing Agency:
Redfin Corp
Listed By:
Marianne K Gregory · License #654511
(410) 258-9598
Source:
Thehulsmangroup
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 4 at 4:51PM
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 Redfin Corp
Investment Insights
Based on property information with market context.
Built in 1994, this Elkridge condo has two bedrooms, one bathroom, an open living and dining layout, and a private balcony. The two-bedroom arrangement allows for flexible room use, while the shared community amenities include a swimming pool and play area.
Rockburn Branch Park, the Elkridge Branch of the Howard County Library, shopping, and dining are nearby. The property also offers access to major commuter routes, with Columbia, BWI, Fort Meade, and Baltimore among the destinations identified in the surrounding area.
Rockburn Branch Park, the Elkridge Branch of the Howard County Library, shopping, and dining are nearby. The property also offers access to major commuter routes, with Columbia, BWI, Fort Meade, and Baltimore among the destinations identified in the surrounding area.
Key Highlights
- Two bedrooms and one bathroom
- Private balcony
- Community swimming pool and play area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,317
Cap Rate
4.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,340
$226.3K
Cap Rate 7%
$161,671
$161.7K
Cap Rate 9%
$125,744
$125.7K
Market Conditions
NOI Build-Up for 830 SF
Gross rent
$21.6K $26.04/SF
− Vacancy
−$1.0K −$1.25/SF
EGI
$20.6K $24.79/SF
− OpEx
−$9.3K −$11.16/SF
NOI
$11.3K $13.63/SF
Area
Howard County, MD
Vacancy
4.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,340
Cap Rate 7%
$161,671
Cap Rate 9%
$125,744
Alternative Uses
Best Use
Apartment 5plus
$161.7K
$141.5K – $188.6K
NOI $11,317 @ 7.0% cap · market cap 4.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$307.8K
$269.3K – $359.1K
NOI $21,547 @ 7.0% cap · market cap 8.62%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
407
Businesses Nearby
Explore this area
Business Placement
Demographics for 21075, MD
35,900
Population
13,191
Households
2.7
Avg Household Size
34
Median Age
58%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,583
Density / Sq Mi
$133,321
Median Household Income
$69,892
Median Earnings
$2,108
Median Rent
$439,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom, one-bath condo includes a private outdoor space and access to community recreation amenities.
Where is this residential income property located?
The property is located at 6330 BAYBERRY COURT Unit 810 Elkridge, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Two bedrooms and one bathroom; Private balcony; Community swimming pool and play area
