One-Bedroom Residential
For Sale
$225,000
11801 ROCKVILLE PIKE Unit 814, Rockville, MD 20852
Condominium fees cover electricity, gas, and water, with access to on-site recreation and services.
Property Size871 SF
Price / SF$258.32
Days on Market16
Property Features for 11801 ROCKVILLE PIKE Unit 814
General Information
Standard status
Active
Size
871 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,312
Amenities
24-hour concierge
outdoor pool
exercise room
party room
tennis courts
Building Details
Building Size
871 SF
Year Built
1968
Listing Agency:
Compass
Listed By:
District Property Group
(202) 286-1658
Source:
Districtpropertygroup
Added: Oct 14
Changed: Oct 27
Last Checked: Oct 27 at 3:33AM
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 871-square-foot residence has one bedroom, one full bathroom, and a separate powder room. The layout includes an open living area, a spacious primary bedroom, and ample closet storage. The building dates to 1968.
Community features include a 24-hour concierge, outdoor pool, exercise room, party room, and tennis courts. Electricity, gas, and water are included in the condominium fee.
Pike & Rose is across the street, and the North Bethesda (White Flint) Metro station is within walking distance. I-270 and the Beltway are also accessible from the property.
Community features include a 24-hour concierge, outdoor pool, exercise room, party room, and tennis courts. Electricity, gas, and water are included in the condominium fee.
Pike & Rose is across the street, and the North Bethesda (White Flint) Metro station is within walking distance. I-270 and the Beltway are also accessible from the property.
Key Highlights
- 871‑square‑foot residence with one bedroom, one full bath, and a powder room
- Condominium fee includes electricity, gas, and water
- Community amenities include a 24‑hour concierge, outdoor pool, exercise room, party room, and tennis courts
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,381
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,620
$287.6K
Cap Rate 7%
$205,443
$205.4K
Cap Rate 9%
$159,789
$159.8K
Market Conditions
NOI Build-Up for 871 SF
Gross rent
$28.1K $32.28/SF
− Vacancy
−$2.0K −$2.26/SF
EGI
$26.1K $30.02/SF
− OpEx
−$11.8K −$13.51/SF
NOI
$14.4K $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%
$287,620
Cap Rate 7%
$205,443
Cap Rate 9%
$159,789
Alternative Uses
Best Use
Apartment 5plus
$205.4K
$179.8K – $239.7K
NOI $14,381 @ 7.0% cap · market cap 6.39%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$306.4K
$268.1K – $357.5K
NOI $21,448 @ 7.0% cap · market cap 9.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
1
Residential units
Yes
Highway 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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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium fees cover electricity, gas, and water, with access to on-site recreation and services.
Where is this residential income property located?
The property is located at 11801 ROCKVILLE PIKE Unit 814 Rockville, MD.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 871‑square‑foot residence with one bedroom, one full bath, and a powder room; Condominium fee includes electricity, gas, and water; Community amenities include a 24‑hour concierge, outdoor pool, exercise room, party room, and tennis courts
