Off-Market Condo: 57 at 801 Key Hwy, Baltimore, MD, 21230
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801 Key Hwy, Baltimore, MD, 21230

- #157

$750,000

Description

Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented long-term for an average of $2,420 per month, based on comparable local listings. Estimated long-term cap rate of -2.5%. Rarely available 1st floor unit located at the Ritz Carlton Residences. The interior is chic, sleek and primed for immediate enjoyment featuring a spacious living room with fireplace including a designated dining area with built-in wet bar. The smartly designed kitchen boasts all stainless Viking & Zephyr appliances, contemporary custom cabinetry, granite countertops and glass tile backsplash plus a breakfast bar. Finishing touches include designer window treatments, lighting and closet organizing systems. Conveys with a storage unit and 2 reserved garage parking spaces which are conveniently located to this units elevator. Enjoy a remarkable bluestone terrace with a privacy hedge border which connects to a beautiful open green space. Magnificent water and harbor views from the terrace. Come reside in the lap of luxury and white glove service at the Ritz-Carlton Residences!

Property Information
Monthly Rent
$2,420
Monthly HOA
$0
Rental Policy
STR Restrictions
Yearly Taxes
$0
Bedrooms
2
Bathrooms
3
SQFT
1,957
Furnished
unknown
Year built
2007
Listing Status
Off Market
MLS
MDBA2110456

Long-term Rental Potential
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$29,040

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,420/mo

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