Two-Bedroom Residential Income
7210 DARBY DOWNS Unit L, Elkridge, MD 21075
For Sale
New
$335,000
An open kitchen and living arrangement includes a breakfast bar, private balcony, and laundry within the unit.
Property Size1,400 SF
Days on Market7
Property Features for 7210 DARBY DOWNS Unit L
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Highway Access
Taxes and HOA fees
Annual Taxes
Amenities
private balcony
in-unit laundry
Building Details
Building Size
Year Built
Listing Agency:
Keller Williams Realty Centre
Listed By:
Anne Boone · License #654647
(443) 710-5142
Source:
Thehulsmangroup
Added: Nov 1
Changed: Nov 7
Last Checked: Nov 6 at 5:44PM
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 Keller Williams Realty Centre
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This third-floor end-unit condo has 2 bedrooms and 2 full bathrooms, with an open layout connecting the kitchen, dining area, and living room. A separate flexible area, private balcony, assigned parking space, and in-unit laundry add to the unit’s features. The primary bedroom includes two closets, one of them a walk-in. The building dates to 2007.
Interior work includes fresh paint and new flooring completed in 2023, followed by new kitchen appliances in 2024. The kitchen also has a breakfast bar and cabinet storage. The property is near I-95, I-195, I-895, Route 1, and Route 100, as well as shopping and dining.
Interior work includes fresh paint and new flooring completed in 2023, followed by new kitchen appliances in 2024. The kitchen also has a breakfast bar and cabinet storage. The property is near I-95, I-195, I-895, Route 1, and Route 100, as well as shopping and dining.
Key Highlights
- Third‑floor end‑unit condo with 2 bedrooms and 2 full bathrooms
- Private balcony, assigned parking space, and in‑unit laundry
- Primary bedroom has two closets, including a walk‑in
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,088
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,760
$381.8K
Cap Rate 7%
$272,686
$272.7K
Cap Rate 9%
$212,089
$212.1K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$36.5K $26.04/SF
− Vacancy
−$1.7K −$1.25/SF
EGI
$34.7K $24.79/SF
− OpEx
−$15.6K −$11.16/SF
NOI
$19.1K $13.63/SF
Area
Howard County, MD
Vacancy
4.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$381,760
Cap Rate 7%
$272,686
Cap Rate 9%
$212,089
Alternative Uses
Best Use
Apartment 5plus
$272.7K
$238.6K – $318.1K
NOI $19,088 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$519.2K
$454.3K – $605.7K
NOI $36,344 @ 7.0% cap · market cap 10.85%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
362
Businesses Nearby
Explore this area
Business Placement
Demographics for 21075, MD
35,900
Population
13,191
Households
2.7
Avg Household Size
34
Median Age
58%
College-Educated
94%
High-School Grad
13.9 sq mi
ZIP Area
2,583
Density / Sq Mi
$133,321
Median Household Income
$69,892
Median Earnings
$2,108
Median Rent
$439,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - An open kitchen and living arrangement includes a breakfast bar, private balcony, and laundry within the unit.
Where is this residential income property located?
The property is located at 7210 DARBY DOWNS Unit L Elkridge, MD.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Third‑floor end‑unit condo with 2 bedrooms and 2 full bathrooms; Private balcony, assigned parking space, and in‑unit laundry; Primary bedroom has two closets, including a walk‑in
