Two-Level Residential Income
For Sale
$295,000
10707 HAMPTON MILL TERRACE Unit 407, Rockville, MD 20852
A one-bedroom layout includes a private deck, dedicated storage, and access to shared recreation facilities.
Property Size799 SF
Price / SF$369.21
Days on Market60
Property Features for 10707 HAMPTON MILL TERRACE Unit 407
General Information
Standard status
Active
Size
799 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,028
Amenities
pool
tennis courts
clubhouse
fitness facilities
Building Details
Building Size
799 SF
Year Built
1987
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 31
Changed: Oct 27
Last Checked: Oct 26 at 3:48PM
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 two-level condo in the Gables of Tuckerman has one bedroom and one bathroom across 799 square feet. Interior features include hardwood flooring, an updated kitchen, a refreshed bathroom, and a new water heater. A deck, a separate storage unit, and ample parking add practical features. The property was built in 1987.
The Rockville residence is minutes from Grosvenor Metro, I-270, I-495, Pike & Rose, Whole Foods, shopping, dining, and scenic trails. Community facilities include a pool, tennis courts, a clubhouse, and fitness facilities.
The Rockville residence is minutes from Grosvenor Metro, I-270, I-495, Pike & Rose, Whole Foods, shopping, dining, and scenic trails. Community facilities include a pool, tennis courts, a clubhouse, and fitness facilities.
Key Highlights
- Two‑level, 799‑square‑foot condo with 1 bedroom and 1 bathroom
- Updated kitchen, hardwood flooring, refreshed bathroom, and new water heater
- Private deck and separate storage unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,192
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,840
$263.8K
Cap Rate 7%
$188,457
$188.5K
Cap Rate 9%
$146,578
$146.6K
Market Conditions
NOI Build-Up for 799 SF
Gross rent
$25.8K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$24.0K $30.02/SF
− OpEx
−$10.8K −$13.51/SF
NOI
$13.2K $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%
$263,840
Cap Rate 7%
$188,457
Cap Rate 9%
$146,578
Alternative Uses
Best Use
Apartment 5plus
$188.5K
$164.9K – $219.9K
NOI $13,192 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$281.1K
$245.9K – $327.9K
NOI $19,675 @ 7.0% cap · market cap 6.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,005
Businesses Nearby
Explore this area
Business Placement
Demographics for 20852, MD
48,347
Population
23,023
Households
2.1
Avg Household Size
38
Median Age
74%
College-Educated
94%
High-School Grad
8.1 sq mi
ZIP Area
5,969
Density / Sq Mi
$121,496
Median Household Income
$74,519
Median Earnings
$2,212
Median Rent
$646,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom layout includes a private deck, dedicated storage, and access to shared recreation facilities.
Where is this residential income property located?
The property is located at 10707 HAMPTON MILL TERRACE Unit 407 Rockville, MD.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: Two‑level, 799‑square‑foot condo with 1 bedroom and 1 bathroom; Updated kitchen, hardwood flooring, refreshed bathroom, and new water heater; Private deck and separate storage unit
