Residential Income Property with
New
For Sale
$210,000
7591 WEATHER WORN WAY Unit C, Columbia, MD 21046
Updated condominium features in-unit laundry, a fireplace, and a tree-surrounded outdoor deck.
Property Size952 SF
Days on Market5
Property Features for 7591 WEATHER WORN WAY Unit C
General Information
Standard status
Active
Size
952 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,299
Amenities
wood-burning fireplace
south-facing deck
in-unit laundry
Building Details
Building Size
952 SF
Year Built
1986
Listing Agency:
Monument Sotheby's International Realty
Listed By:
Jason W Perlow · License #640992
(410) 456-3370
Source:
Thehulsmangroup
Added: Oct 15
Changed: Oct 19
Last Checked: Oct 19 at 2:51PM
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 Monument Sotheby's International Realty
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Investment Insights
Based on property information with market context.
This condominium, built in 1986, has a combined living and dining area with a wood-burning fireplace. The refreshed kitchen includes granite countertops, a granite slab backsplash, and stainless steel appliances. Luxury vinyl plank flooring, upgraded lighting, recessed lights, and in-unit laundry are also among the interior features. A second bedroom can also serve as a den, and closets and a utility area provide additional storage.
A south-facing deck overlooks mature trees. The home is in Columbia’s Kings Contrivance community, with access to walking and biking trails, recreational facilities, tennis courts, shopping, and dining. The condominium fee covers common-area and exterior maintenance, lawn care, snow removal, trash service, and water and sewer.
A south-facing deck overlooks mature trees. The home is in Columbia’s Kings Contrivance community, with access to walking and biking trails, recreational facilities, tennis courts, shopping, and dining. The condominium fee covers common-area and exterior maintenance, lawn care, snow removal, trash service, and water and sewer.
Key Highlights
- South‑facing deck overlooking mature trees
- Updated kitchen with granite countertops, granite slab backsplash, and stainless steel appliances
- Combined living and dining area with a wood‑burning fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,377
Cap Rate
5.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,540
$247.5K
Cap Rate 7%
$176,814
$176.8K
Cap Rate 9%
$137,522
$137.5K
Market Conditions
NOI Build-Up for 952 SF
Gross rent
$24.0K $25.20/SF
− Vacancy
−$1.5K −$1.56/SF
EGI
$22.5K $23.64/SF
− OpEx
−$10.1K −$10.64/SF
NOI
$12.4K $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%
$247,540
Cap Rate 7%
$176,814
Cap Rate 9%
$137,522
Alternative Uses
Best Use
Apartment 5plus
$176.8K
$154.7K – $206.3K
NOI $12,377 @ 7.0% cap · market cap 5.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$302.7K
$264.8K – $353.1K
NOI $21,186 @ 7.0% cap · market cap 10.09%
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
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 - Updated condominium features in-unit laundry, a fireplace, and a tree-surrounded outdoor deck.
Where is this residential income property located?
The property is located at 7591 WEATHER WORN WAY Unit C 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: South‑facing deck overlooking mature trees; Updated kitchen with granite countertops, granite slab backsplash, and stainless steel appliances; Combined living and dining area with a wood‑burning fireplace
