First-Floor Residential Income
For Sale
$429,900
7201 TRAVERTINE DRIVE Unit 104, Baltimore, MD 21209
Two-bedroom condominium with a den, private balcony, oversized garage, and access to community amenities.
Property Size1,474 SF
Days on Market116
Property Features for 7201 TRAVERTINE DRIVE Unit 104
General Information
Standard status
Active
Size
1,474 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$4,060
Building Details
Building Size
1,474 SF
Year Built
2007
Listing Agency:
Cummings & Co. Realtors
Listed By:
Richard M Waxman · License #665025
(240) 508-3975
Source:
Thehulsmangroup
Added: Jun 19
Changed: Oct 9
Last Checked: Oct 11 at 12:27PM
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
Investment Insights
Based on property information with market context.
This first-floor condominium at Highlands at Quarry Lake offers nearly 1,500 square feet with two bedrooms, two bathrooms, and a flexible den. The residence includes engineered hardwood laminate flooring, a private balcony, and views toward mature trees, landscaped grounds, and the community walking path. The primary suite features tray ceilings, a sitting area, and a walk-in closet, while the second bedroom also provides walk-in storage.
The property includes an oversized garage, additional storage space, and a private two-car driveway. Garage access connects conveniently to the building entrance near the residence. Community amenities include a clubhouse with scheduled social activities and an outdoor pool. Shopping and dining are within walking distance, and I-695 provides regional commuting access. Built in 2007, the condominium is located at 7201 Travertine Drive, Unit 104, in Baltimore, Maryland.
The property includes an oversized garage, additional storage space, and a private two-car driveway. Garage access connects conveniently to the building entrance near the residence. Community amenities include a clubhouse with scheduled social activities and an outdoor pool. Shopping and dining are within walking distance, and I-695 provides regional commuting access. Built in 2007, the condominium is located at 7201 Travertine Drive, Unit 104, in Baltimore, Maryland.
Key Highlights
- Nearly 1,500 square feet with 2 bedrooms, 2 bathrooms, and a den
- First‑floor condominium with private balcony and views of mature trees and landscaped grounds
- Oversized garage with storage and private two‑car driveway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,204
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$384,080
$384.1K
Cap Rate 7%
$274,343
$274.3K
Cap Rate 9%
$213,378
$213.4K
Market Conditions
NOI Build-Up for 1,474 SF
Gross rent
$37.1K $25.20/SF
− Vacancy
−$2.2K −$1.51/SF
EGI
$34.9K $23.69/SF
− OpEx
−$15.7K −$10.66/SF
NOI
$19.2K $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%
$384,080
Cap Rate 7%
$274,343
Cap Rate 9%
$213,378
Alternative Uses
Best Use
Apartment 5plus
$274.3K
$240.1K – $320.1K
NOI $19,204 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$353.1K
$309.0K – $412.0K
NOI $24,719 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
Explore this area
Business Placement
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
View Realmo Analytics
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 - Two-bedroom condominium with a den, private balcony, oversized garage, and access to community amenities.
Where is this residential income property located?
The property is located at 7201 TRAVERTINE DRIVE Unit 104 Baltimore, MD.
What is the asking price?
The asking price for this property is $429,900.
What are key features of this property?
This property features: Nearly 1,500 square feet with 2 bedrooms, 2 bathrooms, and a den; First‑floor condominium with private balcony and views of mature trees and landscaped grounds; Oversized garage with storage and private two‑car driveway
