2-Bedroom Condominium
For Sale
$204,900
7206 BOGLEY ROAD Unit 202, Baltimore, MD 21244
Positioned on the building’s second level, the residence has two full bathrooms.
Property Size1,118 SF
Days on Market12
Property Features for 7206 BOGLEY ROAD Unit 202
General Information
Standard status
Active
Size
1,118 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Average Monthly Rent
$1,945
Taxes and HOA fees
Annual Taxes
$3,235
Building Details
Building Size
1,118 SF
Year Built
1996
Listing Agency:
Globex Realty Inc.
Listed By:
Ashok Shah · License #591230
(301) 806-0547
Source:
Thehulsmangroup
Added: Oct 8
Changed: Oct 11
Last Checked: Oct 19 at 2:14PM
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 Globex Realty Inc.
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Investment Insights
Based on property information with market context.
This condominium unit has two bedrooms and two full bathrooms, with a second-level position in the building. The property was built in 1996 and is available immediately for sale or rent.
Key Highlights
- Two‑bedroom condominium with two full bathrooms
- Located on the building’s second level
- Built in 1996
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,566
Cap Rate
7.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$291,320
$291.3K
Cap Rate 7%
$208,086
$208.1K
Cap Rate 9%
$161,844
$161.8K
Market Conditions
NOI Build-Up for 1,118 SF
Gross rent
$28.2K $25.20/SF
− Vacancy
−$1.7K −$1.51/SF
EGI
$26.5K $23.69/SF
− OpEx
−$11.9K −$10.66/SF
NOI
$14.6K $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%
$291,320
Cap Rate 7%
$208,086
Cap Rate 9%
$161,844
Alternative Uses
Best Use
Apartment 5plus
$208.1K
$182.1K – $242.8K
NOI $14,566 @ 7.0% cap · market cap 7.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$267.8K
$234.4K – $312.5K
NOI $18,749 @ 7.0% cap · market cap 9.15%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
532
Businesses Nearby
Explore this area
Business Placement
Demographics for 21244, MD
38,015
Population
15,006
Households
2.5
Avg Household Size
36
Median Age
35%
College-Educated
90%
High-School Grad
14.1 sq mi
ZIP Area
2,696
Density / Sq Mi
$84,849
Median Household Income
$45,367
Median Earnings
$1,538
Median Rent
$271,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Positioned on the building’s second level, the residence has two full bathrooms.
Where is this residential income property located?
The property is located at 7206 BOGLEY ROAD Unit 202 Baltimore, MD.
What is the asking price?
The asking price for this property is $204,900.
What are key features of this property?
This property features: Two‑bedroom condominium with two full bathrooms; Located on the building’s second level; Built in 1996
