Corner Residential Income
For Sale
$410,000
11801 ROCKVILLE PIK #212, Rockville, MD 20852
ROCKVILLE, MD
Property Size1,695 SF
Price / SF$241.89
Days on Market135
Property Features for 11801 ROCKVILLE PIK #212
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 3, Bedroom 1
Subdivision
THE FORUM
Elementary school
LUXMANOR
Middle school
TILDEN
High school
WALTER JOHNSON
Elementary school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status
Active
Amenities
24-hour concierge service
outdoor pool
tennis courts
tot lot
picnic area
fitness center
party room
laundry rooms
Building Details
Year built
1968
Listing Agency:
Potomac Village
(301) 299-6000
Listed By:
Ethel Skenderis
Added: Jun 19
Changed: Oct 27
Last Checked: Oct 31 at 6:06AM
MLS# MDMC2241060
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 3-bedroom, 2.5-bath corner residence occupies an end-unit position with windows on three sides and 1,695 SF of living area. The updated kitchen includes stainless steel appliances, a gas range, built-in microwave, granite countertops, and wood flooring. Hardwood floors, widened doorways, customized closet systems, and a primary suite with dual vanities and a walk-in shower add to the interior features. One garage parking space conveys with the property, and the condominium fee includes all utilities.
Residents have access to a 24-hour concierge, outdoor pool, tennis courts, tot lot, picnic area, fitness center, and party room. The property is one block from the White Flint Metro Station and directly across from Pike & Rose, with dining, shopping, entertainment, and Strathmore Music Center nearby. Laundry rooms are located on each floor; potential future in-unit laundry installation is subject to condominium requirements and approvals.
Residents have access to a 24-hour concierge, outdoor pool, tennis courts, tot lot, picnic area, fitness center, and party room. The property is one block from the White Flint Metro Station and directly across from Pike & Rose, with dining, shopping, entertainment, and Strathmore Music Center nearby. Laundry rooms are located on each floor; potential future in-unit laundry installation is subject to condominium requirements and approvals.
Key Highlights
- 1,695 SF end‑unit residence with windows on three sides
- Three bedrooms and 2.5 baths
- Updated kitchen with stainless steel appliances, gas range, microwave, granite, and wood flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,987
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,740
$559.7K
Cap Rate 7%
$399,814
$399.8K
Cap Rate 9%
$310,967
$311.0K
Market Conditions
NOI Build-Up for 1,695 SF
Gross rent
$54.7K $32.28/SF
− Vacancy
−$3.8K −$2.26/SF
EGI
$50.9K $30.02/SF
− OpEx
−$22.9K −$13.51/SF
NOI
$28.0K $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%
$559,740
Cap Rate 7%
$399,814
Cap Rate 9%
$310,967
Alternative Uses
Best Use
Apartment 5plus
$399.8K
$349.8K – $466.5K
NOI $27,987 @ 7.0% cap · market cap 6.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$596.3K
$521.7K – $695.6K
NOI $41,738 @ 7.0% cap · market cap 10.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
3,678
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 - End-unit residence with updated finishes, extensive community amenities, garage parking, and convenient Metro access.
Where is this residential income property located?
The property is located at 11801 ROCKVILLE PIK #212 Rockville, MD.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1,695 SF end‑unit residence with windows on three sides; Three bedrooms and 2.5 baths; Updated kitchen with stainless steel appliances, gas range, microwave, granite, and wood flooring
