Two-Bedroom Residential Income
For Sale
$285,000
10636 MONTROSE AVENUE Unit 101, Bethesda, MD 20814
The condo includes a private balcony, an in-building laundry room, and community access to a pool and tennis courts.
Property Size1,064 SF
Price / SF$267.86
Days on Market236
Property Features for 10636 MONTROSE AVENUE Unit 101
General Information
Standard status
Active
Size
1,064 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
$3,056
Amenities
pool
tennis courts
clubhouse
playground
on-site laundry
Building Details
Building Size
1,064 SF
Year Built
1966
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Mar 6
Changed: Oct 26
Last Checked: Oct 26 at 3:18PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 1,064-square-foot, two-bedroom, one-bathroom condo was built in 1966 and features oak-look LVP flooring, granite kitchen counters, stainless steel appliances, and an updated bathroom. The living and dining area opens to a private balcony. The primary bedroom has two closets, and a storage unit is included. Laundry is located in the building. The condo fee covers electricity, gas, water, heat, and air conditioning; parking passes are included.
Residents have access to a pool, tennis courts, two clubhouses, and a playground. The property is less than a mile from the Capital Beltway, Grosvenor Metro station, and Garrett Park MARC station. A Route 6 bus stop is in front of the building, with service to Metro and Westfield Montgomery Mall. Rock Creek Park and the Strathmore Music Center are nearby.
Residents have access to a pool, tennis courts, two clubhouses, and a playground. The property is less than a mile from the Capital Beltway, Grosvenor Metro station, and Garrett Park MARC station. A Route 6 bus stop is in front of the building, with service to Metro and Westfield Montgomery Mall. Rock Creek Park and the Strathmore Music Center are nearby.
Key Highlights
- 1,064‑square‑foot condo with 2 bedrooms and 1 bathroom
- Private balcony off the living and dining area
- Kitchen has granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,568
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$351,360
$351.4K
Cap Rate 7%
$250,971
$251.0K
Cap Rate 9%
$195,200
$195.2K
Market Conditions
NOI Build-Up for 1,064 SF
Gross rent
$34.3K $32.28/SF
− Vacancy
−$2.4K −$2.26/SF
EGI
$31.9K $30.02/SF
− OpEx
−$14.4K −$13.51/SF
NOI
$17.6K $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%
$351,360
Cap Rate 7%
$250,971
Cap Rate 9%
$195,200
Alternative Uses
Best Use
Apartment 5plus
$251.0K
$219.6K – $292.8K
NOI $17,568 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$374.3K
$327.5K – $436.7K
NOI $26,200 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property 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
Frequently Asked Questions
What type of property is this?
Residential income property - The condo includes a private balcony, an in-building laundry room, and community access to a pool and tennis courts.
Where is this residential income property located?
The property is located at 10636 MONTROSE AVENUE Unit 101 Bethesda, MD.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: 1,064‑square‑foot condo with 2 bedrooms and 1 bathroom; Private balcony off the living and dining area; Kitchen has granite countertops and stainless steel appliances
