Corner Residential Income
For Sale
$625,000
11710 OLD GEORGETOWN ROAD Unit 1526, North Bethesda, MD 20852
This high-rise residence combines two bedrooms and two full bathrooms with a private balcony.
Property Size1,788 SF
Price / SF$349.55
Days on Market183
Property Features for 11710 OLD GEORGETOWN ROAD Unit 1526
General Information
Standard status
Active
Size
1,788 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,021
Building Details
Building Size
1,788 SF
Year Built
2001
Listing Agency:
Bethesda Realty Group LLC
Listed By:
Ivan A Luka III · License #527954
(301) 230-3200
Source:
Canopy-re
Added: May 1
Changed: Oct 26
Last Checked: Oct 26 at 1:38PM
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 Bethesda Realty Group LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Set on the sixth floor of a high-rise completed in 2001, this corner residence offers 1,419 square feet with two bedrooms and two full bathrooms. The open living area includes a gas fireplace, while a private balcony extends the space outdoors and captures broad views, including sunrise vistas.
Pike & Rose and the North Bethesda/White Flint Metro are within walking distance. The property is in North Bethesda, Maryland.
Pike & Rose and the North Bethesda/White Flint Metro are within walking distance. The property is in North Bethesda, Maryland.
Key Highlights
- 1,419‑square‑foot corner residence with two bedrooms and two full bathrooms
- Private balcony with panoramic views
- Living room has a gas fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,522
Cap Rate
4.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$590,440
$590.4K
Cap Rate 7%
$421,743
$421.7K
Cap Rate 9%
$328,022
$328.0K
Market Conditions
NOI Build-Up for 1,788 SF
Gross rent
$57.7K $32.28/SF
− Vacancy
−$4.0K −$2.26/SF
EGI
$53.7K $30.02/SF
− OpEx
−$24.2K −$13.51/SF
NOI
$29.5K $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%
$590,440
Cap Rate 7%
$421,743
Cap Rate 9%
$328,022
Alternative Uses
Best Use
Apartment 5plus
$421.7K
$369.0K – $492.0K
NOI $29,522 @ 7.0% cap · market cap 4.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$629.0K
$550.4K – $733.8K
NOI $44,028 @ 7.0% cap · market cap 7.04%
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 - This high-rise residence combines two bedrooms and two full bathrooms with a private balcony.
Where is this residential income property located?
The property is located at 11710 OLD GEORGETOWN ROAD Unit 1526 North Bethesda, MD.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,419‑square‑foot corner residence with two bedrooms and two full bathrooms; Private balcony with panoramic views; Living room has a gas fireplace
