Residential Income Property with
For Sale
$219,000
7537 WEATHER WORN WAY Unit F, Columbia, MD 21046
One-bedroom condominium with a fireplace, updated flooring, and a private outdoor living area.
Property Size936 SF
Price / SF$233.97
Days on Market48
Property Features for 7537 WEATHER WORN WAY Unit F
General Information
Standard status
Active
Size
936 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,078
Amenities
basketball courts
tennis courts
bike trails
community pool
common grounds
Building Details
Building Size
936 SF
Year Built
1984
Listing Agency:
Keller Williams Lucido Agency
Listed By:
Robert J Lucido · License #4037
(410) 465-6900
Source:
Thehulsmangroup
Added: Aug 20
Changed: Oct 3
Last Checked: Oct 5 at 10:23PM
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 Lucido Agency
Investment Insights
Based on property information with market context.
This one-bedroom condominium offers 936 finished square feet with one full bathroom and a practical residential layout. LVT flooring extends through the foyer and living room, where a fireplace anchors the main gathering space. The dining area opens to a private balcony with side walls, while the kitchen includes a gas cooktop, black appliances, Shaker-style cabinetry, and a pass-through to the living areas. A stacked washer and dryer are positioned in the hallway, and the bathroom includes ceramic tile flooring, built-in storage, and a tub/shower combination.
Built in 1984, the property is located at 7537 Weather Worn Way, Unit F, in Columbia, Maryland. Columbia Association amenities include basketball and tennis courts, bike trails, a community pool, and maintained common grounds.
Built in 1984, the property is located at 7537 Weather Worn Way, Unit F, in Columbia, Maryland. Columbia Association amenities include basketball and tennis courts, bike trails, a community pool, and maintained common grounds.
Key Highlights
- 936 finished square feet with 1 bedroom and 1 full bathroom
- Private balcony with side walls and wooded surroundings
- Living room fireplace and LVT flooring throughout the main interior
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,169
Cap Rate
5.56%
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 5.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$297.6K
$260.4K – $347.2K
NOI $20,830 @ 7.0% cap · market cap 9.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
501
Businesses Nearby
Explore this area
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 - One-bedroom condominium with a fireplace, updated flooring, and a private outdoor living area.
Where is this residential income property located?
The property is located at 7537 WEATHER WORN WAY Unit F Columbia, MD.
What is the asking price?
The asking price for this property is $219,000.
What are key features of this property?
This property features: 936 finished square feet with 1 bedroom and 1 full bathroom; Private balcony with side walls and wooded surroundings; Living room fireplace and LVT flooring throughout the main interior
