Residential Income Property with
11710 OLD GEORGETOWN ROAD Unit 214, N Bethesda, MD 20852
For Sale
$564,000
Updated corner residence with two bedrooms, two full bathrooms, elevator access, and assigned underground garage parking.
Property Size1,305 SF
Price / SF$432.18
Days on Market54
Property Features for 11710 OLD GEORGETOWN ROAD Unit 214
General Information
Standard status
Size
Elevators
Property subtype
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
outdoor pool
fitness center
courtyard
convenience store
24-hour staffed front desk
Building Details
Building Size
Year Built
Listing Agency:
RLAH @properties
Listed By:
Bridgette M Ruttkay · License #658627
(240) 463-1141
Source:
Kerishull
Added: Sep 16
Changed: Nov 7
Last Checked: Nov 6 at 3:23PM
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 RLAH @properties
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Investment Insights
Based on property information with market context.
This second-floor corner residence at The Gallery at White Flint offers 1,305 square feet with two bedrooms and two full bathrooms. The interior includes a living area with a gas fireplace and access to a private balcony, an updated kitchen with white quartz countertops, stainless steel appliances, a gas range, and backsplash, plus vinyl flooring in the main living areas. The primary suite includes a walk-in closet and remodeled ensuite bathroom with a walk-in shower, while the second remodeled bathroom has a tub. An in-unit washer and dryer and assigned underground garage parking add practical convenience. The home was built in 2001 and has elevator access.
Community amenities include an outdoor pool, fitness center, courtyard, convenience store, and 24-hour staffed front desk. The property is located at 11710 Old Georgetown Road, Unit 214, in North Bethesda, Maryland, one block from the Metro station and Pike and Rose.
Community amenities include an outdoor pool, fitness center, courtyard, convenience store, and 24-hour staffed front desk. The property is located at 11710 Old Georgetown Road, Unit 214, in North Bethesda, Maryland, one block from the Metro station and Pike and Rose.
Key Highlights
- 1,305‑square‑foot second‑floor corner residence
- Two bedrooms and two full bathrooms
- Private balcony connected to the living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,547
Cap Rate
3.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$430,940
$430.9K
Cap Rate 7%
$307,814
$307.8K
Cap Rate 9%
$239,411
$239.4K
Market Conditions
NOI Build-Up for 1,305 SF
Gross rent
$42.1K $32.28/SF
− Vacancy
−$2.9K −$2.26/SF
EGI
$39.2K $30.02/SF
− OpEx
−$17.6K −$13.51/SF
NOI
$21.5K $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%
$430,940
Cap Rate 7%
$307,814
Cap Rate 9%
$239,411
Alternative Uses
Best Use
Apartment 5plus
$307.8K
$269.3K – $359.1K
NOI $21,547 @ 7.0% cap · market cap 3.82%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$459.1K
$401.7K – $535.6K
NOI $32,135 @ 7.0% cap · market cap 5.70%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,590
Businesses Nearby
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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
$646,100
Median Home Value
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Market
Average Price Trend$/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 - Updated corner residence with two bedrooms, two full bathrooms, elevator access, and assigned underground garage parking.
Where is this residential income property located?
The property is located at 11710 OLD GEORGETOWN ROAD Unit 214 N Bethesda, MD.
What is the asking price?
The asking price for this property is $564,000.
What are key features of this property?
This property features: 1,305‑square‑foot second‑floor corner residence; Two bedrooms and two full bathrooms; Private balcony connected to the living area
