Newark Duplex on Large
For Sale
$419,900
7109 DAFFODIL LN RD, Newark, MD 21841
Investment property featuring two units on 3.2 acres.
Property Size1,600 SF
Price / SF$262.44
Days on Market324
Property Features for 7109 DAFFODIL LN RD
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Multi-family
Listing Agency:
Coldwell Banker/Bud Church Rea
Listed By:
Ken Church · License #305250
(410) 524-7888
Source:
Opal-realestate
Added: Nov 27, 2025
Changed: Oct 6
Last Checked: Oct 16 at 8:37AM
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 Coldwell Banker/Bud Church Rea
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Investment Insights
Based on property information with market context.
This is an investment property located in Newark, Maryland, featuring a duplex situated on 3.2 acres. The property offers the potential for expansion to include another cottage or home, subject to verification with Worcester County. The duplex consists of two units, both connected to central water and sewer. The first unit includes two bedrooms, two bathrooms, a full kitchen, and a washer and dryer. The second unit features one bedroom, one bathroom, a full kitchen, and a washer and dryer. This property presents an opportunity for income generation or personal residence with rental income from the other unit. Showings require 24-hour notice.
Key Highlights
- Income‑generating duplex property.
- Large 3.2‑acre lot with expansion potential (subject to verification).
- Two separate units, each with a full kitchen and washer/dryer.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,783
Cap Rate
4.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,660
$335.7K
Cap Rate 7%
$239,757
$239.8K
Cap Rate 9%
$186,478
$186.5K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$25.9K $16.20/SF
− Vacancy
−$1.9K −$1.22/SF
EGI
$24.0K $14.99/SF
− OpEx
−$7.2K −$4.50/SF
NOI
$16.8K $10.49/SF
Area
Worcester County, MD
Vacancy
7.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,660
Cap Rate 7%
$239,757
Cap Rate 9%
$186,478
Alternative Uses
Best Use
Multifamily LT 5
$239.8K
$209.8K – $279.7K
NOI $16,783 @ 7.0% cap · market cap 4.00%
Second Best
Apartment 5plus
$215.1K
$188.2K – $251.0K
NOI $15,058 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$384.5K
$336.4K – $448.6K
NOI $26,915 @ 7.0% cap · market cap 6.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
Explore this area
Business Placement
Demographics for 21841, MD
903
Population
455
Households
2
Avg Household Size
44
Median Age
21%
College-Educated
97%
High-School Grad
28.2 sq mi
ZIP Area
32
Density / Sq Mi
$78,036
Median Household Income
$50,903
Median Earnings
$1,677
Median Rent
$326,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Investment property featuring two units on 3.2 acres.
Where is this duplex located?
The property is located at 7109 DAFFODIL LN RD Newark, MD.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: Income‑generating duplex property.; Large 3.2‑acre lot with expansion potential (subject to verification).; Two separate units, each with a full kitchen and washer/dryer.
