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One-Bedroom Residential Income Property
For Sale
$335,000

11710 OLD GEORGETOWN ROAD Unit 1404, Bethesda, MD 20852

Updated interiors and a secure underground parking space complement this one-bedroom residence.

Property Size758 SF
Price / SF$441.95
Days on Market98

Property Features for 11710 OLD GEORGETOWN ROAD Unit 1404

General Information

Standard status Active
Size 758 SF
Total Parking Spaces 1
Property subtype 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 $3,694

Amenities

concierge service
outdoor swimming pool
fitness center
billiards room
business center
social lounges
common areas
in-unit washer/dryer

Building Details

Building Size 758 SF
Year Built 2001
Listing Agency: Jack Realty Group
Listed By: John Pruski · License #BR98377715
Source: Jackrealtygroup
Added: Jul 23 Changed: Oct 26 Last Checked: Oct 26 at 4:02PM

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 Jack Realty Group

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Investment Insights

Based on property information with market context.

Unit 1404 is a one-bedroom, one-bath residence with an open layout, new flooring, fresh paint, and a refreshed kitchen with stainless-steel appliances. The bedroom has a walk-in closet with access to the bathroom, which also opens to the hallway. A new washer and dryer and a newer water heater, approximately 1-2 years old, are additional updates. One secure underground garage parking space is included.

The Gallery’s shared amenities include concierge service, an outdoor pool, fitness center, billiards room, business center, social lounges, and common areas. Pike and Rose is a block away, and North Bethesda Metro on the Red Line is nearby. I-495 and I-270 provide regional road access.

Key Highlights

  • One‑bedroom, one‑bath residence with an open layout
  • Kitchen updated with stainless‑steel appliances; new flooring and fresh paint
  • Walk‑in bedroom closet connects to the bathroom, which also has hallway access

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,516
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$250,320 $250.3K
Cap Rate 7%
$178,800 $178.8K
Cap Rate 9%
$139,067 $139.1K
Market Conditions
NOI Build-Up for 758 SF
Gross rent
$24.5K $32.28/SF
− Vacancy
−$1.7K −$2.26/SF
EGI
$22.8K $30.02/SF
− OpEx
−$10.2K −$13.51/SF
NOI
$12.5K $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%
$250,320
Cap Rate 7%
$178,800
Cap Rate 9%
$139,067

Alternative Uses

Best Use
Apartment 5plus
$178.8K
$156.5K – $208.6K (±1% cap)
NOI $12,516 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$266.6K
$233.3K – $311.1K (±1% cap)
NOI $18,665 @ 7.0% cap · market cap 5.57%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

1
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,974
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential income property - Updated interiors and a secure underground parking space complement this one-bedroom residence.
Where is this residential income property located?
The property is located at 11710 OLD GEORGETOWN ROAD Unit 1404 Bethesda, MD.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath residence with an open layout; Kitchen updated with stainless‑steel appliances; new flooring and fresh paint; Walk‑in bedroom closet connects to the bathroom, which also has hallway access
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