One-Level Residential Income
7515 WEATHER WORN WAY Unit F, Columbia, MD 21046
For Sale
$210,000
The condo features an open living and dining area, private balcony, and in-unit laundry.
Property Size936 SF
Days on Market12
Property Features for 7515 WEATHER WORN WAY Unit F
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
wood-burning fireplace
in-unit washer and dryer
private balcony
community swimming pool
Building Details
Building Size
Year Built
Listing Agency:
Northrop Realty
Listed By:
Tricia Matala · License #656568
(301) 651-0297
Source:
Thehulsmangroup
Added: Oct 29
Changed: Nov 3
Last Checked: Nov 8 at 3:21PM
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 Northrop Realty
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Investment Insights
Based on property information with market context.
This one-level condo has an open layout connecting the living and dining areas, with a wood-burning fireplace and a kitchen pass-through. The kitchen includes a stainless steel refrigerator and dishwasher, while a stacked washer and dryer are located inside the unit. Recent updates include fresh paint, new carpeting, and a new A/C. A private balcony extends the living space outdoors, with views toward a tree-lined setting.
The property is in Columbia, near commuter routes, shopping, dining, and entertainment. Dickenson Park and a community swimming pool are steps away. Built in 1984, the condo offers single-level living with outdoor space and shared community amenities.
The property is in Columbia, near commuter routes, shopping, dining, and entertainment. Dickenson Park and a community swimming pool are steps away. Built in 1984, the condo offers single-level living with outdoor space and shared community amenities.
Key Highlights
- One‑level condo with an open living and dining layout
- Wood‑burning fireplace and kitchen pass‑through
- Private balcony overlooks a tree‑lined setting
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,169
Cap Rate
5.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,380
$243.4K
Cap Rate 7%
$173,843
$173.8K
Cap Rate 9%
$135,211
$135.2K
Market Conditions
NOI Build-Up for 936 SF
Gross rent
$23.6K $25.20/SF
− Vacancy
−$1.5K −$1.56/SF
EGI
$22.1K $23.64/SF
− OpEx
−$10.0K −$10.64/SF
NOI
$12.2K $13.00/SF
Area
Columbia, MD
Vacancy
6.20%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$243,380
Cap Rate 7%
$173,843
Cap Rate 9%
$135,211
Alternative Uses
Best Use
Apartment 5plus
$173.8K
$152.1K – $202.8K
NOI $12,169 @ 7.0% cap · market cap 5.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$297.6K
$260.4K – $347.2K
NOI $20,830 @ 7.0% cap · market cap 9.92%
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
248
Businesses Nearby
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Business Placement
Demographics for 21046, MD
16,023
Population
6,361
Households
2.5
Avg Household Size
37
Median Age
62%
College-Educated
98%
High-School Grad
7.8 sq mi
ZIP Area
2,054
Density / Sq Mi
$126,549
Median Household Income
$70,187
Median Earnings
$2,099
Median Rent
$469,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The condo features an open living and dining area, private balcony, and in-unit laundry.
Where is this residential income property located?
The property is located at 7515 WEATHER WORN WAY Unit F Columbia, MD.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: One‑level condo with an open living and dining layout; Wood‑burning fireplace and kitchen pass‑through; Private balcony overlooks a tree‑lined setting
