Top-Floor
For Sale
$385,000
11800 OLD GEORGETOWN ROAD Unit 1410, North Bethesda, MD 20852
Two bedrooms and two bathrooms are arranged around an open living area and kitchen.
Property Size1,214 SF
Price / SF$317.13
Days on Market24
Property Features for 11800 OLD GEORGETOWN ROAD Unit 1410
General Information
Standard status
Active
Size
1,214 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
$4,918
Amenities
pool
hot tub
gym
bike room
storage locker
Building Details
Building Size
1,214 SF
Year Built
1999
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 7
Changed: Oct 26
Last Checked: Oct 30 at 12:30PM
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.
This 1,214-square-foot condominium, built in 1999, has two bedrooms and two bathrooms. The kitchen opens to the main living area and features granite counters and stainless steel appliances. Hardwood flooring, updated lighting, newer bedroom carpet, and custom closet and storage shelving are among the interior features. HVAC and the water heater have been updated, and the balcony has a screen door.
The unit includes two deeded parking spaces just outside the residence and a large storage locker. On-site amenities include an outdoor pool, hot tub, gym, and bike room. North Bethesda Metro and Pike and Rose are described as steps away; White Flint station is also mentioned.
The unit includes two deeded parking spaces just outside the residence and a large storage locker. On-site amenities include an outdoor pool, hot tub, gym, and bike room. North Bethesda Metro and Pike and Rose are described as steps away; White Flint station is also mentioned.
Key Highlights
- 1,214‑square‑foot condominium with 2 bedrooms and 2 bathrooms
- Two deeded designated parking spaces located outside the unit
- Large storage locker included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,045
Cap Rate
5.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$400,900
$400.9K
Cap Rate 7%
$286,357
$286.4K
Cap Rate 9%
$222,722
$222.7K
Market Conditions
NOI Build-Up for 1,214 SF
Gross rent
$39.2K $32.28/SF
− Vacancy
−$2.7K −$2.26/SF
EGI
$36.4K $30.02/SF
− OpEx
−$16.4K −$13.51/SF
NOI
$20.0K $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%
$400,900
Cap Rate 7%
$286,357
Cap Rate 9%
$222,722
Alternative Uses
Best Use
Apartment 5plus
$286.4K
$250.6K – $334.1K
NOI $20,045 @ 7.0% cap · market cap 5.21%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$427.1K
$373.7K – $498.2K
NOI $29,894 @ 7.0% cap · market cap 7.76%
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
3,273
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
Frequently Asked Questions
What type of property is this?
Residential income property - Two bedrooms and two bathrooms are arranged around an open living area and kitchen.
Where is this residential income property located?
The property is located at 11800 OLD GEORGETOWN ROAD Unit 1410 North Bethesda, MD.
What is the asking price?
The asking price for this property is $385,000.
What are key features of this property?
This property features: 1,214‑square‑foot condominium with 2 bedrooms and 2 bathrooms; Two deeded designated parking spaces located outside the unit; Large storage locker included
