Two-Bedroom Residential Income
For Sale
$310,000
11801 ROCKVILLE PIKE Unit 813, Rockville, MD 20852
An open living-dining plan, private owner’s bedroom with ensuite bath, and walk-in closet shape this condominium’s layout.
Property Size1,144 SF
Price / SF$270.98
Days on Market74
Property Features for 11801 ROCKVILLE PIKE Unit 813
General Information
Standard status
Active
Size
1,144 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Road Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,959
Amenities
24/7 front desk concierge
swimming pool
fitness center
tennis courts
playground
party room
Building Details
Building Size
1,144 SF
Year Built
1968
Listing Agency:
RLAH @properties
Listed By:
Ali Velasco · License #Sp98374281
(202) 655-6464
Source:
Jackrealtygroup
Added: Aug 17
Changed: Oct 27
Last Checked: Oct 26 at 3:17PM
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 RLAH @properties
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Investment Insights
Based on property information with market context.
This 1,144-square-foot condominium has two bedrooms and an open living and dining area. Large windows provide treetop views, while the kitchen has stainless steel appliances. The owner’s bedroom includes a private bathroom and walk-in closet. The unit is being sold in as-is condition.
At 11801 Rockville Pike, the building is across the street from Pike & Rose and near the North Bethesda Metro station on the Red Line. Whole Foods, Harris Teeter, Target, restaurants, and entertainment are also nearby.
Building amenities include a 24-hour front desk, swimming pool, fitness center, tennis courts, playground, and party room. The condo fee covers gas, electricity, and water, as well as assigned parking. The building was constructed in 1968.
At 11801 Rockville Pike, the building is across the street from Pike & Rose and near the North Bethesda Metro station on the Red Line. Whole Foods, Harris Teeter, Target, restaurants, and entertainment are also nearby.
Building amenities include a 24-hour front desk, swimming pool, fitness center, tennis courts, playground, and party room. The condo fee covers gas, electricity, and water, as well as assigned parking. The building was constructed in 1968.
Key Highlights
- Two‑bedroom condominium with 1,144 square feet
- Open living and dining area with large windows and treetop views
- Kitchen equipped with stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,889
Cap Rate
6.09%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$377,780
$377.8K
Cap Rate 7%
$269,843
$269.8K
Cap Rate 9%
$209,878
$209.9K
Market Conditions
NOI Build-Up for 1,144 SF
Gross rent
$36.9K $32.28/SF
− Vacancy
−$2.6K −$2.26/SF
EGI
$34.3K $30.02/SF
− OpEx
−$15.5K −$13.51/SF
NOI
$18.9K $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%
$377,780
Cap Rate 7%
$269,843
Cap Rate 9%
$209,878
Alternative Uses
Best Use
Apartment 5plus
$269.8K
$236.1K – $314.8K
NOI $18,889 @ 7.0% cap · market cap 6.09%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$402.4K
$352.1K – $469.5K
NOI $28,170 @ 7.0% cap · market cap 9.09%
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
Paved road access
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
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Frequently Asked Questions
What type of property is this?
Residential income property - An open living-dining plan, private owner’s bedroom with ensuite bath, and walk-in closet shape this condominium’s layout.
Where is this residential income property located?
The property is located at 11801 ROCKVILLE PIKE Unit 813 Rockville, MD.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Two‑bedroom condominium with 1,144 square feet; Open living and dining area with large windows and treetop views; Kitchen equipped with stainless steel appliances
