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Residential Income Condo with Balcony

7 SUNTOP COURT Unit 202, Baltimore, MD 21209

For Sale
$199,000

The second-floor residence includes in-unit laundry, a private balcony, and access to pool and tennis amenities.

Property Size1,353 SF
Price / SF$147.08
Days on Market196

Property Features for 7 SUNTOP COURT Unit 202

General Information

Standard status Active
Size 1,353 SF
Property subtype Unit/Flat/Apartment

Additional Details

HOA Fee $379
Highway Access Yes
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,939

Amenities

pool
tennis court
washer/dryer in unit

Building Details

Building Size 1,353 SF
Year Built 1975
Listing Agency: Cummings & Co. Realtors
Listed By: Allison Williamson · License MD #654908
Source: Ghimirehomes
Added: Apr 30 Changed: Nov 5 Last Checked: Nov 10 at 8:43AM

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 Cummings & Co. Realtors

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Investment Insights

Based on property information with market context.

This 1,353-square-foot, second-floor condo was built in 1975 and has two bedrooms, including a primary suite with an en-suite bath. Living and dining areas connect to a private balcony. The kitchen has cabinet and counter space, and a washer and dryer are located in the unit. The property also offers access to a pool and tennis court.

The condo is in Baltimore County, near shopping and dining, with access to I-83 and I-695.

Key Highlights

  • 1,353‑square‑foot, two‑bedroom condo
  • Second‑floor unit with a private balcony
  • Primary suite includes an en‑suite bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,627
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$352,540 $352.5K
Cap Rate 7%
$251,814 $251.8K
Cap Rate 9%
$195,856 $195.9K
Market Conditions
NOI Build-Up for 1,353 SF
Gross rent
$34.1K $25.20/SF
− Vacancy
−$2.0K −$1.51/SF
EGI
$32.0K $23.69/SF
− OpEx
−$14.4K −$10.66/SF
NOI
$17.6K $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%
$352,540
Cap Rate 7%
$251,814
Cap Rate 9%
$195,856

Alternative Uses

Best Use
Apartment 5plus
$251.8K
$220.3K – $293.8K (±1% cap)
NOI $17,627 @ 7.0% cap · market cap 8.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$324.1K
$283.6K – $378.2K (±1% cap)
NOI $22,690 @ 7.0% cap · market cap 11.40%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

434
Businesses Nearby

Demographics for 21209, MD

28,659
Population
12,086
Households
2.4
Avg Household Size
37
Median Age
60%
College-Educated
96%
High-School Grad
6.5 sq mi
ZIP Area
4,409
Density / Sq Mi
$87,669
Median Household Income
$57,694
Median Earnings
$1,640
Median Rent
$418,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Residential income properties in Baltimore, MD

$157 Jul
$152 Aug
$149 Sep
$144 Oct

Properties on Market for Residential income properties in Baltimore

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - The second-floor residence includes in-unit laundry, a private balcony, and access to pool and tennis amenities.
Where is this residential income property located?
The property is located at 7 SUNTOP COURT Unit 202 Baltimore, MD.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,353‑square‑foot, two‑bedroom condo; Second‑floor unit with a private balcony; Primary suite includes an en‑suite bath
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