One-Bedroom Residential Income
For Sale
$360,000
11710 OLD GEORGETOWN ROAD N Unit 1120, North Bethesda, MD 20852
Wood flooring, in-unit laundry, and garage parking support a practical condominium setup.
Property Size796 SF
Price / SF$452.26
Days on Market21
Property Features for 11710 OLD GEORGETOWN ROAD N Unit 1120
General Information
Standard status
Active
Size
796 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,026
Amenities
fitness center
swimming pool
24-hour security
in-unit laundry
garage parking
Building Details
Building Size
796 SF
Year Built
2003
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Shaivanthi Gupta · License #512834
(240) 899-7424
Source:
Canopy-re
Added: Oct 10
Changed: Oct 27
Last Checked: Oct 26 at 12:47PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This one-bedroom condominium offers 796 square feet of interior space, wood flooring, and laundry within the unit. The property was built in 2003 and includes garage parking. Residents can use the community fitness center and swimming pool, with 24-hour security also provided.
The property is in North Bethesda, near the North Bethesda Metro, Pike & Rose, shopping, restaurants, and major commuter routes.
The property is in North Bethesda, near the North Bethesda Metro, Pike & Rose, shopping, restaurants, and major commuter routes.
Key Highlights
- One‑bedroom condominium with 796 square feet
- Built in 2003
- Wood flooring and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,143
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,860
$262.9K
Cap Rate 7%
$187,757
$187.8K
Cap Rate 9%
$146,033
$146.0K
Market Conditions
NOI Build-Up for 796 SF
Gross rent
$25.7K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$23.9K $30.02/SF
− OpEx
−$10.8K −$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%
$262,860
Cap Rate 7%
$187,757
Cap Rate 9%
$146,033
Alternative Uses
Best Use
Apartment 5plus
$187.8K
$164.3K – $219.1K
NOI $13,143 @ 7.0% cap · market cap 3.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$280.0K
$245.0K – $326.7K
NOI $19,601 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.
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Open 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
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Frequently Asked Questions
What type of property is this?
Residential income property - Wood flooring, in-unit laundry, and garage parking support a practical condominium setup.
Where is this residential income property located?
The property is located at 11710 OLD GEORGETOWN ROAD N Unit 1120 North Bethesda, MD.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: One‑bedroom condominium with 796 square feet; Built in 2003; Wood flooring and in‑unit laundry
