Residential Condo with Private
8270 STONE CROP DRIVE Unit J, Ellicott City, MD 21043
For Sale
New
$374,900
The two-bedroom home includes two full baths, an in-unit washer and dryer, and access to shared community amenities.
Property Size1,574 SF
Days on Market4
Property Features for 8270 STONE CROP DRIVE Unit J
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private balcony
in-unit washer/dryer
recreation center
indoor pool
outdoor pool
billiards room
clubhouse
fitness center
library
meeting rooms
party rooms
tennis courts
tot lots/playgrounds
walking paths
Building Details
Building Size
Year Built
Listing Agency:
Samson Properties
Listed By:
Wendy Slaughter · License MD #605856
(410) 440-5914
Source:
Bradkappel
Added: Nov 7
Changed: Nov 8
Last Checked: Nov 8 at 6:14PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This two-bedroom condominium has two full bathrooms, a separate dining room, and a kitchen with a breakfast bar and adjoining breakfast area. The kitchen includes a dishwasher, built-in microwave, and refrigerator. A private balcony opens from the breakfast area, and the unit also has an in-unit washer and dryer. The owner's suite features a walk-in closet and private bath; a second bedroom and hall bath complete the layout. Hardwood flooring is present in the entry, and crown molding and chair rail detailing add finish to the main living areas.
Located in a 55+ community in Ellicott City, the property was built in 2009. Shared facilities include indoor and outdoor pools, a recreation center, clubhouse, fitness center, library, billiards room, meeting and party rooms, tennis courts, playgrounds, and walking paths and sidewalks.
Located in a 55+ community in Ellicott City, the property was built in 2009. Shared facilities include indoor and outdoor pools, a recreation center, clubhouse, fitness center, library, billiards room, meeting and party rooms, tennis courts, playgrounds, and walking paths and sidewalks.
Key Highlights
- Two‑bedroom condominium with two full bathrooms
- Private balcony accessed from the breakfast area
- In‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,461
Cap Rate
5.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,220
$429.2K
Cap Rate 7%
$306,586
$306.6K
Cap Rate 9%
$238,456
$238.5K
Market Conditions
NOI Build-Up for 1,574 SF
Gross rent
$41.0K $26.04/SF
− Vacancy
−$2.0K −$1.25/SF
EGI
$39.0K $24.79/SF
− OpEx
−$17.6K −$11.16/SF
NOI
$21.5K $13.63/SF
Area
Howard County, MD
Vacancy
4.80%
Lease Rate
$26.04 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$429,220
Cap Rate 7%
$306,586
Cap Rate 9%
$238,456
Alternative Uses
Best Use
Apartment 5plus
$306.6K
$268.3K – $357.7K
NOI $21,461 @ 7.0% cap · market cap 5.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$583.7K
$510.8K – $681.0K
NOI $40,860 @ 7.0% cap · market cap 10.90%
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
110
Businesses Nearby
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Business Placement
Demographics for 21043, MD
48,775
Population
17,978
Households
2.7
Avg Household Size
39
Median Age
64%
College-Educated
95%
High-School Grad
17.1 sq mi
ZIP Area
2,852
Density / Sq Mi
$141,846
Median Household Income
$77,574
Median Earnings
$1,964
Median Rent
$607,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom home includes two full baths, an in-unit washer and dryer, and access to shared community amenities.
Where is this residential income property located?
The property is located at 8270 STONE CROP DRIVE Unit J Ellicott City, MD.
What is the asking price?
The asking price for this property is $374,900.
What are key features of this property?
This property features: Two‑bedroom condominium with two full bathrooms; Private balcony accessed from the breakfast area; In‑unit washer and dryer
