One-Bedroom Residential
For Sale
$329,000
11710 OLD GEORGETOWN ROAD Unit 722, North Bethesda, MD 20852
An open layout links the living area and kitchen, with a washer and dryer inside the unit.
Property Size783 SF
Price / SF$420.18
Days on Market67
Property Features for 11710 OLD GEORGETOWN ROAD Unit 722
General Information
Standard status
Active
Size
783 SF
Elevators
Yes
Property subtype
Penthouse 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
$3,970
Amenities
outdoor swimming pool
fitness and exercise center
community center
concierge service
in-unit washer and dryer
Building Details
Building Size
783 SF
Year Built
2001
Listing Agency:
Century 21 Redwood Realty
Listed By:
Tien T Nguyen · License #578535
(301) 806-4858
Source:
Canopy-re
Added: Aug 25
Changed: Oct 27
Last Checked: Oct 26 at 12:08PM
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 Century 21 Redwood Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 783-square-foot condo has one bedroom, one bathroom, and an open arrangement connecting the kitchen with the living area. The interior was freshly painted and fitted with new carpeting. A washer and dryer are located in the unit, and elevator access is nearby. The building dates to 2001 and offers underground garage parking, an outdoor pool, a fitness center, a community room, and concierge service.
The property is in North Bethesda, near Pike & Rose, Whole Foods, Strathmore Music Center, shopping, dining, and entertainment. The North Bethesda Metro is also nearby, with access to I-270 and I-495.
The property is in North Bethesda, near Pike & Rose, Whole Foods, Strathmore Music Center, shopping, dining, and entertainment. The North Bethesda Metro is also nearby, with access to I-270 and I-495.
Key Highlights
- 783‑square‑foot, one‑bedroom, one‑bathroom condo
- Fresh paint and new carpeting
- In‑unit washer and dryer; elevator nearby
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,928
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,560
$258.6K
Cap Rate 7%
$184,686
$184.7K
Cap Rate 9%
$143,644
$143.6K
Market Conditions
NOI Build-Up for 783 SF
Gross rent
$25.3K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$23.5K $30.02/SF
− OpEx
−$10.6K −$13.51/SF
NOI
$12.9K $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%
$258,560
Cap Rate 7%
$184,686
Cap Rate 9%
$143,644
Alternative Uses
Best Use
Apartment 5plus
$184.7K
$161.6K – $215.5K
NOI $12,928 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$275.4K
$241.0K – $321.4K
NOI $19,281 @ 7.0% cap · market cap 5.86%
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
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 - An open layout links the living area and kitchen, with a washer and dryer inside the unit.
Where is this residential income property located?
The property is located at 11710 OLD GEORGETOWN ROAD Unit 722 North Bethesda, MD.
What is the asking price?
The asking price for this property is $329,000.
What are key features of this property?
This property features: 783‑square‑foot, one‑bedroom, one‑bathroom condo; Fresh paint and new carpeting; In‑unit washer and dryer; elevator nearby
