Top-Floor Residential Income
For Sale
$210,000
7 HAMILL ROAD Unit 7F, Baltimore, MD 21210
A one-bedroom residence in a gated community features a private balcony and hardwood flooring.
Property Size821 SF
Days on Market9
Property Features for 7 HAMILL ROAD Unit 7F
General Information
Standard status
Active
Size
821 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$3,713
Building Details
Building Size
821 SF
Year Built
1971
Listing Agency:
Compass Home Group, LLC
Listed By:
Alivia Heath · License #679741
(240) 313-8419
Source:
Thehulsmangroup
Added: Sep 28
Changed: Oct 5
Last Checked: Oct 5 at 10:06PM
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 Compass Home Group, LLC
Investment Insights
Based on property information with market context.
This top-floor, one-bedroom residence has hardwood floors in the entry, dining room, living room, and bedroom. The kitchen includes cherry cabinetry, granite counters, gas cooking, and tile flooring. A private balcony is accessed from the dining area, and the bedroom has a walk-in closet. Community laundry and a private storage unit for each residence are on the lower level. The building dates to 1971.
The gated community is near shops, restaurants, pools, medical offices, a yoga studio, a salon, and a small park. Whole Foods, additional retail and dining, private schools, and I-83 are also nearby.
The gated community is near shops, restaurants, pools, medical offices, a yoga studio, a salon, and a small park. Whole Foods, additional retail and dining, private schools, and I-83 are also nearby.
Key Highlights
- Top‑floor, one‑bedroom residence with a private balcony
- Gated community with pools, community laundry, and a private storage unit for each residence
- Kitchen has cherry cabinetry, granite countertops, and gas cooking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,696
Cap Rate
5.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,920
$213.9K
Cap Rate 7%
$152,800
$152.8K
Cap Rate 9%
$118,844
$118.8K
Market Conditions
NOI Build-Up for 821 SF
Gross rent
$20.7K $25.20/SF
− Vacancy
−$1.2K −$1.51/SF
EGI
$19.4K $23.69/SF
− OpEx
−$8.8K −$10.66/SF
NOI
$10.7K $13.03/SF
Area
Baltimore, MD
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,920
Cap Rate 7%
$152,800
Cap Rate 9%
$118,844
Alternative Uses
Best Use
Apartment 5plus
$152.8K
$133.7K – $178.3K
NOI $10,696 @ 7.0% cap · market cap 5.09%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$196.7K
$172.1K – $229.5K
NOI $13,768 @ 7.0% cap · market cap 6.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
630
Businesses Nearby
Explore this area
Business Placement
Demographics for 21210, MD
14,441
Population
5,416
Households
2.7
Avg Household Size
32
Median Age
83%
College-Educated
98%
High-School Grad
3.4 sq mi
ZIP Area
4,247
Density / Sq Mi
$108,929
Median Household Income
$43,474
Median Earnings
$1,498
Median Rent
$521,700
Median Home Value
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence in a gated community features a private balcony and hardwood flooring.
Where is this residential income property located?
The property is located at 7 HAMILL ROAD Unit 7F Baltimore, MD.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Top‑floor, one‑bedroom residence with a private balcony; Gated community with pools, community laundry, and a private storage unit for each residence; Kitchen has cherry cabinetry, granite countertops, and gas cooking
