Renovated Residential Income
For Sale
$215,000
9625 WHITEACRE ROAD Unit C-4, Columbia, MD 21045
A first-floor, walk-out condominium features two bedrooms, in-unit laundry, and a private patio.
Property Size953 SF
Days on Market12
Property Features for 9625 WHITEACRE ROAD Unit C-4
General Information
Standard status
Active
Size
953 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$651
Amenities
in-unit laundry
private patio
outdoor courts
Building Details
Building Size
953 SF
Year Built
1969
Listing Agency:
Keller Williams Gateway LLC
Listed By:
Gabriel M Dutton · License #647863
(443) 756-4878
Source:
Thehulsmangroup
Added: Sep 24
Changed: Oct 5
Last Checked: Oct 4 at 5:03PM
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 Keller Williams Gateway LLC
Investment Insights
Based on property information with market context.
This renovated first-floor condominium has two bedrooms, a Jack-and-Jill bath with separate vanity areas, and a dedicated laundry room. The primary bedroom measures 13'5" x 13' and includes a walk-in closet; the second bedroom has a double-wide closet. The living room extends over 20 feet and opens to a brick-paved patio enclosed by a privacy wall. Updates include a kitchen with quartz counters, new cabinetry and stainless steel appliances, along with new flooring, light fixtures, bath exhaust fans and a shower surround.
The patio faces open green space and mature trees. Outdoor courts in the community are a short walk away. The property is in Oakland Mills, Columbia, and was built in 1969.
The patio faces open green space and mature trees. Outdoor courts in the community are a short walk away. The property is in Oakland Mills, Columbia, and was built in 1969.
Key Highlights
- First‑floor, walk‑out condominium with two bedrooms
- Primary bedroom measures 13'5" x 13' and has a walk‑in closet
- Living room extends over 20 feet and opens to a private, brick‑paved patio
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,390
Cap Rate
5.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$247,800
$247.8K
Cap Rate 7%
$177,000
$177.0K
Cap Rate 9%
$137,667
$137.7K
Market Conditions
NOI Build-Up for 953 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%
$247,800
Cap Rate 7%
$177,000
Cap Rate 9%
$137,667
Alternative Uses
Best Use
Apartment 5plus
$177.0K
$154.9K – $206.5K
NOI $12,390 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$303.0K
$265.1K – $353.5K
NOI $21,209 @ 7.0% cap · market cap 9.86%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
375
Businesses Nearby
Explore this area
Business Placement
Demographics for 21045, MD
39,321
Population
15,826
Households
2.5
Avg Household Size
38
Median Age
57%
College-Educated
94%
High-School Grad
9.7 sq mi
ZIP Area
4,054
Density / Sq Mi
$117,323
Median Household Income
$62,522
Median Earnings
$1,768
Median Rent
$438,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - A first-floor, walk-out condominium features two bedrooms, in-unit laundry, and a private patio.
Where is this residential income property located?
The property is located at 9625 WHITEACRE ROAD Unit C-4 Columbia, MD.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: First‑floor, walk‑out condominium with two bedrooms; Primary bedroom measures 13'5" x 13' and has a walk‑in closet; Living room extends over 20 feet and opens to a private, brick‑paved patio
