Furnished Condo with Private
For Sale
$359,999
11710 OLD GEORGETOWN ROAD Unit 1321, North Bethesda, MD 20852
The 13th-floor residence includes in-unit laundry, assigned garage parking, and access to shared building amenities.
Property Size792 SF
Price / SF$454.54
Days on Market47
Property Features for 11710 OLD GEORGETOWN ROAD Unit 1321
General Information
Standard status
Active
Size
792 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Furnished
Yes
Public Transit
Yes
Multifamily Units
1
Amenities
24/7 concierge
fitness center
pool
business center
community room
in-unit washer/dryer
private balcony
hardwood floors
stainless steel appliances
outfitted closets
Building Details
Building Size
792 SF
Year Built
2001
Listing Agency:
Serhant
Listed By:
Natalie Ramirez · License #676115
(240) 485-7351
Source:
Canopy-re
Added: Sep 14
Changed: Oct 27
Last Checked: Oct 26 at 3:30PM
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 Serhant
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on the 13th floor, this furnished, one-bedroom, one-bathroom condo offers 792 square feet of living space. Interior features include hardwood flooring, stainless steel appliances, outfitted closets, and a washer and dryer. A private balcony overlooks Rockville Pike. The unit also comes with two storage spaces and assigned garage parking; visitor and street parking are available as well.
Building amenities include a 24-hour concierge, fitness center, pool, business center, and community room. North Bethesda Metro, Pike & Rose, restaurants, and shops are within walking distance. Built in 2001, the property combines a defined residential layout with building services and nearby transit, dining, and retail options.
Building amenities include a 24-hour concierge, fitness center, pool, business center, and community room. North Bethesda Metro, Pike & Rose, restaurants, and shops are within walking distance. Built in 2001, the property combines a defined residential layout with building services and nearby transit, dining, and retail options.
Key Highlights
- Furnished 1‑bedroom, 1‑bathroom condo with 792 square feet
- Located on the 13th floor with a private balcony overlooking Rockville Pike
- Hardwood floors, stainless steel appliances, in‑unit washer and dryer, and outfitted closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,077
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,540
$261.5K
Cap Rate 7%
$186,814
$186.8K
Cap Rate 9%
$145,300
$145.3K
Market Conditions
NOI Build-Up for 792 SF
Gross rent
$25.6K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$23.8K $30.02/SF
− OpEx
−$10.7K −$13.51/SF
NOI
$13.1K $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%
$261,540
Cap Rate 7%
$186,814
Cap Rate 9%
$145,300
Alternative Uses
Best Use
Apartment 5plus
$186.8K
$163.5K – $218.0K
NOI $13,077 @ 7.0% cap · market cap 3.63%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$278.6K
$243.8K – $325.0K
NOI $19,502 @ 7.0% cap · market cap 5.42%
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
3,590
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
Frequently Asked Questions
What type of property is this?
Residential income property - The 13th-floor residence includes in-unit laundry, assigned garage parking, and access to shared building amenities.
Where is this residential income property located?
The property is located at 11710 OLD GEORGETOWN ROAD Unit 1321 North Bethesda, MD.
What is the asking price?
The asking price for this property is $359,999.
What are key features of this property?
This property features: Furnished 1‑bedroom, 1‑bathroom condo with 792 square feet; Located on the 13th floor with a private balcony overlooking Rockville Pike; Hardwood floors, stainless steel appliances, in‑unit washer and dryer, and outfitted closets
