Ground-Floor Condominium with Private
For Sale
$250,000
6420 GREEN FIELD ROAD N Unit 805, Elkridge, MD 21075
A full interior renovation includes an updated kitchen and baths, in-unit laundry, and convenient access to the patio.
Property Size863 SF
Days on Market12
Property Features for 6420 GREEN FIELD ROAD N Unit 805
General Information
Standard status
Active
Size
863 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$3,261
Building Details
Building Size
863 SF
Year Built
1989
Listing Agency:
LPT Realty, LLC
Listed By:
William Brady Sipes · License #5007665
(443) 974-0251
Source:
Thehulsmangroup
Added: Sep 24
Changed: Oct 3
Last Checked: Oct 4 at 2:30PM
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 LPT Realty, LLC
Investment Insights
Based on property information with market context.
This two-bedroom, two-bathroom condominium is on the ground floor and was remodeled in 2026. Interior improvements include luxury vinyl plank flooring, fresh paint, updated lighting and ceiling fans, and a wood-burning fireplace. Sliding French doors open from the living room to a private patio. The renovated kitchen has stainless steel appliances, a ceramic cooktop, tiled backsplash, shaker cabinetry, and a granite breakfast bar. Both full bathrooms have been updated, and the unit includes a dedicated laundry room with washer and dryer. Two assigned parking spaces are included.
The property is in Elkridge, with access to major roadways, the MARC train station, BWI Airport, shopping, local parks, and the Elkridge Library. NSA/Fort Meade and the BWI business district are also nearby. The condo fee covers water, exterior building maintenance, lawn care, snow removal, and insurance.
The property is in Elkridge, with access to major roadways, the MARC train station, BWI Airport, shopping, local parks, and the Elkridge Library. NSA/Fort Meade and the BWI business district are also nearby. The condo fee covers water, exterior building maintenance, lawn care, snow removal, and insurance.
Key Highlights
- Two‑bedroom, two‑bathroom condominium remodeled in 2026
- Ground‑floor layout with private patio and wood‑burning fireplace
- Renovated kitchen with stainless steel appliances, ceramic cooktop, and granite breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,767
Cap Rate
4.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,340
$235.3K
Cap Rate 7%
$168,100
$168.1K
Cap Rate 9%
$130,744
$130.7K
Market Conditions
NOI Build-Up for 863 SF
Gross rent
$22.5K $26.04/SF
− Vacancy
−$1.1K −$1.25/SF
EGI
$21.4K $24.79/SF
− OpEx
−$9.6K −$11.16/SF
NOI
$11.8K $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%
$235,340
Cap Rate 7%
$168,100
Cap Rate 9%
$130,744
Alternative Uses
Best Use
Apartment 5plus
$168.1K
$147.1K – $196.1K
NOI $11,767 @ 7.0% cap · market cap 4.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$320.0K
$280.0K – $373.4K
NOI $22,403 @ 7.0% cap · market cap 8.96%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
354
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 full interior renovation includes an updated kitchen and baths, in-unit laundry, and convenient access to the patio.
Where is this residential income property located?
The property is located at 6420 GREEN FIELD ROAD N Unit 805 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‑bedroom, two‑bathroom condominium remodeled in 2026; Ground‑floor layout with private patio and wood‑burning fireplace; Renovated kitchen with stainless steel appliances, ceramic cooktop, and granite breakfast bar
