Two-Bedroom Condominium with
For Sale
$574,990
11710 OLD GEORGETOWN ROAD Unit 602, North Bethesda, MD 20852
Residents have access to a fitness center, swimming pool, concierge, club room, billiards room, and courtyard.
Property Size1,419 SF
Price / SF$405.21
Days on Market245
Property Features for 11710 OLD GEORGETOWN ROAD Unit 602
General Information
Standard status
Active
Size
1,419 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,158
Amenities
24 hour concierge
fitness center
swimming pool
club room
billiards room
courtyard
private balcony
gas fireplace
Building Details
Building Size
1,419 SF
Year Built
2001
Listing Agency:
Compass
Listed By:
District Property Group
(202) 286-1658
Source:
Districtpropertygroup
Added: Feb 28
Changed: Oct 27
Last Checked: Oct 26 at 5:15PM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,130-square-foot condominium has two bedrooms and two bathrooms, with a living and dining area centered around a gas fireplace. A private balcony extends the living space outdoors. Both bedrooms receive natural light and include closet storage; the unit also has a full hall bathroom and new carpeting. The water heater was replaced in 2025, and a transferable home warranty provides one year of coverage after closing.
The Gallery at White Flint provides a 24-hour concierge, fitness center, swimming pool, club room, billiards room, and courtyard. The property is near Route 355, Pike and Rose, and the North Bethesda Metro station.
The Gallery at White Flint provides a 24-hour concierge, fitness center, swimming pool, club room, billiards room, and courtyard. The property is near Route 355, Pike and Rose, and the North Bethesda Metro station.
Key Highlights
- Two bedrooms and two bathrooms in 1,130 square feet
- Private balcony and gas fireplace
- Water heater replaced in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,429
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$468,580
$468.6K
Cap Rate 7%
$334,700
$334.7K
Cap Rate 9%
$260,322
$260.3K
Market Conditions
NOI Build-Up for 1,419 SF
Gross rent
$45.8K $32.28/SF
− Vacancy
−$3.2K −$2.26/SF
EGI
$42.6K $30.02/SF
− OpEx
−$19.2K −$13.51/SF
NOI
$23.4K $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%
$468,580
Cap Rate 7%
$334,700
Cap Rate 9%
$260,322
Alternative Uses
Best Use
Apartment 5plus
$334.7K
$292.9K – $390.5K
NOI $23,429 @ 7.0% cap · market cap 4.07%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$499.2K
$436.8K – $582.4K
NOI $34,942 @ 7.0% cap · market cap 6.08%
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 - Residents have access to a fitness center, swimming pool, concierge, club room, billiards room, and courtyard.
Where is this residential income property located?
The property is located at 11710 OLD GEORGETOWN ROAD Unit 602 North Bethesda, MD.
What is the asking price?
The asking price for this property is $574,990.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 1,130 square feet; Private balcony and gas fireplace; Water heater replaced in 2025
