Two-Bedroom Residential Income
11800 OLD GEORGETOWN ROAD Unit 1414, Rockville, MD 20852
For Sale
$419,900
Corner residence with two full bathrooms, a private balcony, in-unit laundry, and two assigned garage spaces.
Property Size1,238 SF
Price / SF$339.18
Days on Market102
Property Features for 11800 OLD GEORGETOWN ROAD Unit 1414
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Public Transit
Units
Unit Mix
Multifamily Units
Parking per Unit
Taxes and HOA fees
Annual Taxes
Amenities
hardwood flooring
granite countertops
stainless steel appliances
breakfast bar
private balcony
in-unit laundry
outdoor swimming pool
jacuzzi
fitness center
resident lounge
party room
bar
library
business center
Amazon Hub lockers
shared EV chargers
landscaped outdoor gathering spaces
barbecue areas
Building Details
Building Size
Year Built
Listing Agency:
Serhant
Listed By:
Barak Sky · License #628823
(301) 742-5759
Source:
Horsefarmsandcountryhomes
Added: Jul 30
Changed: Nov 7
Last Checked: Nov 7 at 6:15PM
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 Serhant
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Investment Insights
Based on property information with market context.
This 1,238-square-foot corner residence, built in 1999, has two bedrooms, two full bathrooms, and an open living and dining area connected to the kitchen. The kitchen includes granite countertops, stainless steel appliances, cabinetry, and a breakfast bar. A private balcony, two walk-in closets, and in-unit laundry add to the layout. Two assigned garage parking spaces are included.
Community amenities include an outdoor pool and jacuzzi, fitness center, resident lounge and party room, library, business center, Amazon Hub lockers, shared EV chargers, landscaped gathering areas, and barbecue spaces. The property is on Old Georgetown Road in Rockville, with Pike & Rose, Whole Foods, and the White Flint Metro nearby. I-270 and I-495 provide access to major commuter routes.
Community amenities include an outdoor pool and jacuzzi, fitness center, resident lounge and party room, library, business center, Amazon Hub lockers, shared EV chargers, landscaped gathering areas, and barbecue spaces. The property is on Old Georgetown Road in Rockville, with Pike & Rose, Whole Foods, and the White Flint Metro nearby. I-270 and I-495 provide access to major commuter routes.
Key Highlights
- 1,238‑square‑foot residence with two bedrooms and two full bathrooms
- Two assigned garage parking spaces
- Private balcony and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,441
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,820
$408.8K
Cap Rate 7%
$292,014
$292.0K
Cap Rate 9%
$227,122
$227.1K
Market Conditions
NOI Build-Up for 1,238 SF
Gross rent
$40.0K $32.28/SF
− Vacancy
−$2.8K −$2.26/SF
EGI
$37.2K $30.02/SF
− OpEx
−$16.7K −$13.51/SF
NOI
$20.4K $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%
$408,820
Cap Rate 7%
$292,014
Cap Rate 9%
$227,122
Alternative Uses
Best Use
Apartment 5plus
$292.0K
$255.5K – $340.7K
NOI $20,441 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$435.5K
$381.1K – $508.1K
NOI $30,485 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
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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
3,273
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
$646,100
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Montgomery County, MD
Properties on Market for Residential income properties in Montgomery County
Frequently Asked Questions
What type of property is this?
Residential income property - Corner residence with two full bathrooms, a private balcony, in-unit laundry, and two assigned garage spaces.
Where is this residential income property located?
The property is located at 11800 OLD GEORGETOWN ROAD Unit 1414 Rockville, MD.
What is the asking price?
The asking price for this property is $419,900.
What are key features of this property?
This property features: 1,238‑square‑foot residence with two bedrooms and two full bathrooms; Two assigned garage parking spaces; Private balcony and in‑unit laundry
