Residential Income Property with
For Sale
$249,900
7563 WEATHER WORN WAY Unit A, Columbia, MD 21046
The two-bedroom condo faces open green space and mature trees from its private outdoor area.
Property Size1,146 SF
Days on Market11
Property Features for 7563 WEATHER WORN WAY Unit A
General Information
Standard status
Active
Size
1,146 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,664
Building Details
Building Size
1,146 SF
Year Built
1983
Listing Agency:
Realty Advantage of Maryland LLC
Listed By:
Eva G Vasco · License #595671
(240) 505-6861
Source:
Thehulsmangroup
Added: Sep 25
Changed: Oct 3
Last Checked: Oct 4 at 5:45PM
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 Realty Advantage of Maryland LLC
Investment Insights
Based on property information with market context.
Built in 1983, this two-bedroom, one-bathroom condo has an updated interior with a kitchen breakfast bar and a living room centered on a two-sided fireplace. Rear glass doors open to a private patio overlooking open green space and mature trees. A water heater was installed in August 2026.
The property is part of The Pines at Dickinson community in Columbia, Maryland.
The property is part of The Pines at Dickinson community in Columbia, Maryland.
Key Highlights
- Two‑bedroom, one‑bathroom condo
- Private patio faces open green space and mature trees
- Updated kitchen includes a breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,899
Cap Rate
5.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$297,980
$298.0K
Cap Rate 7%
$212,843
$212.8K
Cap Rate 9%
$165,544
$165.5K
Market Conditions
NOI Build-Up for 1,146 SF
Gross rent
$28.9K $25.20/SF
− Vacancy
−$1.8K −$1.56/SF
EGI
$27.1K $23.64/SF
− OpEx
−$12.2K −$10.64/SF
NOI
$14.9K $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%
$297,980
Cap Rate 7%
$212,843
Cap Rate 9%
$165,544
Alternative Uses
Best Use
Apartment 5plus
$212.8K
$186.2K – $248.3K
NOI $14,899 @ 7.0% cap · market cap 5.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$364.3K
$318.8K – $425.1K
NOI $25,504 @ 7.0% cap · market cap 10.21%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
252
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 two-bedroom condo faces open green space and mature trees from its private outdoor area.
Where is this residential income property located?
The property is located at 7563 WEATHER WORN WAY Unit A Columbia, MD.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom condo; Private patio faces open green space and mature trees; Updated kitchen includes a breakfast bar
