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Two-Bedroom Residential Income Unit
For Sale
$299,900

812 LONG DRIVE Unit 812-A, Aberdeen, MD 21001

Ground-floor layout includes a private entrance, patio, flex room, and updated finishes.

Property Size1,682 SF
Price / SF$178.30
Days on Market127

Property Features for 812 LONG DRIVE Unit 812-A

General Information

Standard status Active
Size 1,682 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Highway Access Yes

Taxes and HOA fees

Annual Taxes $3,842

Building Details

Building Size 1,682 SF
Year Built 2007
Listing Agency: Cummings & Co Realtors
Listed By: Lindsay Moiles · License #0663493
Source: Ghimirehomes
Added: Jun 26 Changed: Oct 27 Last Checked: Oct 26 at 2:26PM

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 Cummings & Co Realtors

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Investment Insights

Based on property information with market context.

This 1,682-square-foot residential income unit offers two bedrooms and two full bathrooms in a ground-floor layout. A private entrance opens to a foyer with a walk-in storage closet, followed by a living room and an eat-in kitchen with Corian countertops, stainless steel appliances, pantry, and patio access. The adjacent flex room has glass barn doors. The primary suite includes a walk-in closet, sitting area, and en-suite bathroom with a walk-in shower; the second full bath has a tub and shower combination.

A ground-floor patio connects to the unit, with access to parking and a utility closet. Improvements include a water filtration system installed in 2025, a microwave and stove from 2024, luxury vinyl flooring updated in 2024, and fresh paint. The property was built in 2007 and is in Aberdeen, Maryland, near I-95, Route 40, shopping, and restaurants.

Key Highlights

  • 1,682 square feet with 2 bedrooms and 2 full bathrooms
  • Ground‑floor unit with private entrance and patio access
  • Flex room with glass barn doors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,524
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,480 $450.5K
Cap Rate 7%
$321,771 $321.8K
Cap Rate 9%
$250,267 $250.3K
Market Conditions
NOI Build-Up for 1,682 SF
Gross rent
$43.8K $26.04/SF
− Vacancy
−$2.8K −$1.69/SF
EGI
$41.0K $24.35/SF
− OpEx
−$18.4K −$10.96/SF
NOI
$22.5K $13.39/SF
Area
Harford County, MD
Vacancy
6.50%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$450,480
Cap Rate 7%
$321,771
Cap Rate 9%
$250,267

Alternative Uses

Best Use
Apartment 5plus
$321.8K
$281.6K – $375.4K (±1% cap)
NOI $22,524 @ 7.0% cap · market cap 7.51%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$591.8K
$517.9K – $690.5K (±1% cap)
NOI $41,428 @ 7.0% cap · market cap 13.81%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

139
Businesses Nearby

Demographics for 21001, MD

25,714
Population
11,010
Households
2.3
Avg Household Size
38
Median Age
28%
College-Educated
92%
High-School Grad
30.0 sq mi
ZIP Area
857
Density / Sq Mi
$81,778
Median Household Income
$49,765
Median Earnings
$1,391
Median Rent
$267,400
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - Ground-floor layout includes a private entrance, patio, flex room, and updated finishes.
Where is this residential income property located?
The property is located at 812 LONG DRIVE Unit 812-A Aberdeen, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,682 square feet with 2 bedrooms and 2 full bathrooms; Ground‑floor unit with private entrance and patio access; Flex room with glass barn doors
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