Residential Income Property with
10021 VANDERBILT Unit 10, Rockville, MD 20850
For Sale
$350,000
The two-bedroom, two-bath layout features refreshed interiors, updated bathrooms, and treed views from the living room and bedrooms.
Property Size1,119 SF
Price / SF$312.78
Days on Market165
Property Features for 10021 VANDERBILT Unit 10
General Information
Standard status
Size
Property subtype
Additional Details
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
pool
tennis court
sport court
dog park
fireplace
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Patricia Karta · License #643744
(301) 943-6310
Source:
Signaturemoverealestate
Added: May 28
Changed: Nov 5
Last Checked: Nov 8 at 10:12AM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,119-square-foot residential property was built in 1992 and includes two bedrooms and two full bathrooms. Recent interior updates include new paint and carpet, while the kitchen offers ample storage and newer appliances. The primary bathroom has an updated walk-in shower, and the second bedroom is served by its own updated full bath. A fireplace and treed views from the living room and both bedrooms add to the interior features. A separate owner storage unit is positioned beside the unit entrance.
Community amenities include a pool, tennis court, sport court, and dog park. Downtown Crown is a few blocks away, and Rio Washingtonian Center is a short drive from the property. Windows have been replaced, and the warranty transfers to the new owner.
Community amenities include a pool, tennis court, sport court, and dog park. Downtown Crown is a few blocks away, and Rio Washingtonian Center is a short drive from the property. Windows have been replaced, and the warranty transfers to the new owner.
Key Highlights
- Two bedrooms and two full bathrooms in 1,119 square feet
- Built in 1992
- Living room and both bedrooms have treed views; living room includes a fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,476
Cap Rate
5.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,520
$369.5K
Cap Rate 7%
$263,943
$263.9K
Cap Rate 9%
$205,289
$205.3K
Market Conditions
NOI Build-Up for 1,119 SF
Gross rent
$36.1K $32.28/SF
− Vacancy
−$2.5K −$2.26/SF
EGI
$33.6K $30.02/SF
− OpEx
−$15.1K −$13.51/SF
NOI
$18.5K $16.51/SF
Area
Montgomery County, MD
Vacancy
7.00%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$369,520
Cap Rate 7%
$263,943
Cap Rate 9%
$205,289
Alternative Uses
Best Use
Apartment 5plus
$263.9K
$231.0K – $307.9K
NOI $18,476 @ 7.0% cap · market cap 5.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$393.6K
$344.4K – $459.3K
NOI $27,555 @ 7.0% cap · market cap 7.87%
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
689
Businesses Nearby
Explore this area
Business Placement
Demographics for 20850, MD
51,045
Population
22,468
Households
2.3
Avg Household Size
41
Median Age
67%
College-Educated
94%
High-School Grad
14.1 sq mi
ZIP Area
3,620
Density / Sq Mi
$122,691
Median Household Income
$77,679
Median Earnings
$2,277
Median Rent
$687,200
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Montgomery County, MD
Properties on Market for Residential income properties in Montgomery County
Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom, two-bath layout features refreshed interiors, updated bathrooms, and treed views from the living room and bedrooms.
Where is this residential income property located?
The property is located at 10021 VANDERBILT Unit 10 Rockville, MD.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms in 1,119 square feet; Built in 1992; Living room and both bedrooms have treed views; living room includes a fireplace
