Two-Bedroom Elevator
For Sale
$334,900
820 WEMBLEY DRIVE Unit 3A, Hampstead, MD 21074
A single-level layout combines open living and dining areas with a sunroom and private balcony.
Property Size1,000 SF
Price / SF$334.90
Days on Market384
Property Features for 820 WEMBLEY DRIVE Unit 3A
General Information
Standard status
Active
Size
1,000 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Building Details
Building Size
1,000 SF
Year Built
2025
Listing Agency:
RE/MAX Solutions
Listed By:
Sonya Francis · License #583501
(443) 220-6560
Source:
Cornerstoneagencymd
Added: Oct 12, 2025
Changed: Oct 26
Last Checked: Oct 26 at 2:36PM
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 RE/MAX Solutions
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This newly built residential condominium offers two bedrooms and two full bathrooms on one level. The open living and dining areas connect to a sunroom, with a private balcony and additional storage providing further usable space. An elevator serves the condominium building, and the home was completed in 2025.
Located in Hampstead, the property is at 820 Wembley Drive, Unit 3A. The residence contains 1,000 square feet and is designed for low-maintenance living.
Located in Hampstead, the property is at 820 Wembley Drive, Unit 3A. The residence contains 1,000 square feet and is designed for low-maintenance living.
Key Highlights
- Two bedrooms and two full bathrooms
- 1,000 square feet
- Completed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,227
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,540
$224.5K
Cap Rate 7%
$160,386
$160.4K
Cap Rate 9%
$124,744
$124.7K
Market Conditions
NOI Build-Up for 1,000 SF
Gross rent
$21.6K $21.60/SF
− Vacancy
−$1.2K −$1.19/SF
EGI
$20.4K $20.41/SF
− OpEx
−$9.2K −$9.19/SF
NOI
$11.2K $11.23/SF
Area
Carroll County, MD
Vacancy
5.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$224,540
Cap Rate 7%
$160,386
Cap Rate 9%
$124,744
Alternative Uses
Best Use
Apartment 5plus
$160.4K
$140.3K – $187.1K
NOI $11,227 @ 7.0% cap · market cap 3.35%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$370.9K
$324.5K – $432.7K
NOI $25,960 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
171
Businesses Nearby
Explore this area
Business Placement
Demographics for 21074, MD
15,279
Population
6,158
Households
2.5
Avg Household Size
42
Median Age
36%
College-Educated
97%
High-School Grad
37.7 sq mi
ZIP Area
405
Density / Sq Mi
$101,462
Median Household Income
$60,865
Median Earnings
$1,212
Median Rent
$349,900
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A single-level layout combines open living and dining areas with a sunroom and private balcony.
Where is this residential income property located?
The property is located at 820 WEMBLEY DRIVE Unit 3A Hampstead, MD.
What is the asking price?
The asking price for this property is $334,900.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms; 1,000 square feet; Completed in 2025
