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Two-Bedroom Garden-Style Condominium
For Sale
$440,000

11750 OLD GEORGETOWN ROAD Unit 2136, North Bethesda, MD 20852

Ground-level home with two covered garage spaces, private storage, and access to community amenities.

Property Size1,333 SF
Price / SF$330.08
Days on Market65

Property Features for 11750 OLD GEORGETOWN ROAD Unit 2136

General Information

Standard status Active
Size 1,333 SF
Total Parking Spaces 2
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 $4,639

Amenities

outdoor pool
fitness center
concierge
party room
business center
grilling stations
bike storage
secure access
landscaped common areas
on-site management
private storage unit
handicap accessible

Building Details

Building Size 1,333 SF
Year Built 1999
Construction garden-style
Listing Agency: Compass
Listed By: Adam Chasen · License #656557
Source: Districtpropertygroup
Added: Aug 27 Changed: Oct 27 Last Checked: Oct 27 at 3:21AM

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 1,333-square-foot, ground-level condominium was built in 1999 and has two bedrooms and two full bathrooms. Interior features include KitchenAid stainless steel appliances, cherry cabinetry, upgraded countertops and flooring, ceiling fans, and a laundry room with upgraded cabinetry. The primary suite has an en-suite bathroom and generous closet space. Two assigned covered garage spaces, including a van-accessible space, and a private storage unit are included.

Community amenities include an outdoor pool, fitness center, concierge, party room, business center, grilling stations, bike storage, secure access, and on-site management. White Flint Station is adjacent to the North Bethesda Metro Red Line station. Pike & Rose, Whole Foods, Wegmans, Trader Joe’s, dining, shopping, and entertainment are nearby.

Key Highlights

  • 1,333 square feet with 2 bedrooms and 2 full bathrooms
  • Ground‑level residence with handicap accessibility
  • Two assigned covered garage spaces, including a handicap/van‑accessible space

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,009
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$440,180 $440.2K
Cap Rate 7%
$314,414 $314.4K
Cap Rate 9%
$244,544 $244.5K
Market Conditions
NOI Build-Up for 1,333 SF
Gross rent
$43.0K $32.28/SF
− Vacancy
−$3.0K −$2.26/SF
EGI
$40.0K $30.02/SF
− OpEx
−$18.0K −$13.51/SF
NOI
$22.0K $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%
$440,180
Cap Rate 7%
$314,414
Cap Rate 9%
$244,544

Alternative Uses

Best Use
Apartment 5plus
$314.4K
$275.1K – $366.8K (±1% cap)
NOI $22,009 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$468.9K
$410.3K – $547.1K (±1% cap)
NOI $32,824 @ 7.0% cap · market cap 7.46%
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

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 - Ground-level home with two covered garage spaces, private storage, and access to community amenities.
Where is this residential income property located?
The property is located at 11750 OLD GEORGETOWN ROAD Unit 2136 North Bethesda, MD.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: 1,333 square feet with 2 bedrooms and 2 full bathrooms; Ground‑level residence with handicap accessibility; Two assigned covered garage spaces, including a handicap/van‑accessible space
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