Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,005,000
Apartment buildings
301 Main St Westminster, MD 21157-5597
Entity Owned
4-yr Hold
Property ID
US40-2050327
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1987
Construction
BRICK
Total area
2,544 SF
Lot
0.31 ac (13,664 SF)
Zoning code
DOWNT
APN
07-053096
UPID
US40-2050327
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Master Landscaping Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$900k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.01M
Owner & transaction history
East Coast Real Estate Investments · 4 yrs held
East Coast Real Estate Investments
since 2022
Last sale
$1.1M
5 recorded transactions
Zoning & alternative use
DOWNT · Westminster, MD
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Westminster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Westminster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$875,000
ML approach
$900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.01M
Range $905k – $1.11M · ±10% · vs last sale $1.13M (May 9 2022)
Last sale anchor
$1.13M
May 9 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$395 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$17,402
Tax year 2023
Assessed value
$1,029,700
Assessed 2023
Previous assessed
$1,029,700
+0.0% YoY
Effective rate
1.69%
On assessed value
Assessed land
$149,300
Assessed improvement
$880,400
Land market value
$149,300
Improvement market value
$880,400
Total market value
$1,029,700
Applied tax rate
71.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1987
Construction
BRICK
Heating
HEAT PUMP
Buildings
2
Stories
3
Units
15
Total area
2,544 SF
Lot
0.31 ac (13,664 SF)
Zoning code
DOWNT
APN
07-053096
UPID
US40-2050327
Jurisdiction
CARROLL
Zoning & alternative use
DOWNT · Westminster, MDZoning DOWNT · permitted uses
DOWNT · Westminster, MD
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1987
Construction
BRICK
Heating
HEAT PUMP
Stories
3
Buildings
2
Units
15
Lot
0.31 ac
Current owner
From public records · entity-resolved
East Coast Real Estate Investments
Entity
Mailing address
2320 S KAYS ML RD, FINKSBURG, MD 21048-2171
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 9, 2022
$1,125,000
East Coast Real Estate Investments
301 E Main Street LLC
Deed
$843,750 · Farmers & Merchants Bank
Apr 30, 2008
$1,076,250
301 E Main Street LLC
Jeffrey,edward G & Teresa N
Grant Deed
$861,000 · Sovereign Bank
Feb 3, 2004
$860,000
Edward G Jefferey
Choice Realty Rentals Two LLC
Grant Deed
$688,000 · Bank Of Hanover & Trust Co
Jun 7, 2002
$662,500
Choice Realty Rentals Two LLC
Cobbs Creek Properties LLC
Grant Deed
$470,000 · Sandy Spring Bank
—
—
301 E Main Street LLC
—
Deed Of Trust
related
$813,750 · Bay-vanguard Fsb
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 301 Main St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
