Upper-Level Residential Income
For Sale
$215,000
10625 MONTROSE AVENUE Unit 204, Bethesda, MD 20814
The unit includes a balcony and is part of a Bethesda community.
Property Size786 SF
Price / SF$273.54
Days on Market97
Property Features for 10625 MONTROSE AVENUE Unit 204
General Information
Standard status
Active
Size
786 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,596
Amenities
balcony
Building Details
Building Size
786 SF
Year Built
1966
Listing Agency:
RE/MAX Realty Services
Listed By:
Don E Stanley · License #62084
(301) 919-8287
Source:
Jackrealtygroup
Added: Jul 24
Changed: Oct 27
Last Checked: Oct 26 at 3:38PM
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 RE/MAX Realty Services
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Investment Insights
Based on property information with market context.
This residential unit, built in 1966, occupies an upper floor and has a balcony. It is located in a Bethesda community.
Grosvenor Metro is nearby, with NIH and Walter Reed Bethesda Medical also in the surrounding area. The property offers access to the Beltway and I-270.
Grosvenor Metro is nearby, with NIH and Walter Reed Bethesda Medical also in the surrounding area. The property offers access to the Beltway and I-270.
Key Highlights
- Upper‑floor unit with a balcony
- Built in 1966
- Near Grosvenor Metro, NIH, and Walter Reed Bethesda Medical
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,978
Cap Rate
6.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,560
$259.6K
Cap Rate 7%
$185,400
$185.4K
Cap Rate 9%
$144,200
$144.2K
Market Conditions
NOI Build-Up for 786 SF
Gross rent
$25.4K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$23.6K $30.02/SF
− OpEx
−$10.6K −$13.51/SF
NOI
$13.0K $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%
$259,560
Cap Rate 7%
$185,400
Cap Rate 9%
$144,200
Alternative Uses
Best Use
Apartment 5plus
$185.4K
$162.2K – $216.3K
NOI $12,978 @ 7.0% cap · market cap 6.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$276.5K
$241.9K – $322.6K
NOI $19,355 @ 7.0% cap · market cap 9.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
Explore this area
Business Placement
Demographics for 20814, MD
31,919
Population
15,388
Households
2.1
Avg Household Size
41
Median Age
84%
College-Educated
98%
High-School Grad
4.5 sq mi
ZIP Area
7,093
Density / Sq Mi
$150,401
Median Household Income
$90,050
Median Earnings
$2,329
Median Rent
$976,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The unit includes a balcony and is part of a Bethesda community.
Where is this residential income property located?
The property is located at 10625 MONTROSE AVENUE Unit 204 Bethesda, 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: Upper‑floor unit with a balcony; Built in 1966; Near Grosvenor Metro, NIH, and Walter Reed Bethesda Medical
