3-Bedroom Residential Income
For Sale
$299,900
12301 BRAXFIELD COURT Unit 13, Rockville, MD 20852
The condo fee covers all utilities, and the home offers a single-level layout with three bedrooms.
Property Size1,227 SF
Price / SF$244.42
Days on Market22
Property Features for 12301 BRAXFIELD COURT Unit 13
General Information
Standard status
Active
Size
1,227 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,322
Building Details
Building Size
1,227 SF
Year Built
1970
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Jose A Semorile
(202) 549-7500
Source:
Jackrealtygroup
Added: Oct 8
Changed: Oct 26
Last Checked: Oct 26 at 3:40PM
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 TTR Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,227-square-foot condominium, built in 1970, has three bedrooms and two full bathrooms arranged on one level. The interior includes connected living and dining areas, a kitchen, and private bedroom space. Condo fees cover all utilities.
The residence is in Rockville, with shopping, dining, parks, recreational amenities, major commuter routes, and Metro among the area’s cited destinations.
The residence is in Rockville, with shopping, dining, parks, recreational amenities, major commuter routes, and Metro among the area’s cited destinations.
Key Highlights
- 1,227‑square‑foot condominium
- Three bedrooms and two full bathrooms
- Single‑level layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,259
Cap Rate
6.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$405,180
$405.2K
Cap Rate 7%
$289,414
$289.4K
Cap Rate 9%
$225,100
$225.1K
Market Conditions
NOI Build-Up for 1,227 SF
Gross rent
$39.6K $32.28/SF
− Vacancy
−$2.8K −$2.26/SF
EGI
$36.8K $30.02/SF
− OpEx
−$16.6K −$13.51/SF
NOI
$20.3K $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%
$405,180
Cap Rate 7%
$289,414
Cap Rate 9%
$225,100
Alternative Uses
Best Use
Apartment 5plus
$289.4K
$253.2K – $337.7K
NOI $20,259 @ 7.0% cap · market cap 6.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$431.6K
$377.7K – $503.6K
NOI $30,214 @ 7.0% cap · market cap 10.07%
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
1,185
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 - The condo fee covers all utilities, and the home offers a single-level layout with three bedrooms.
Where is this residential income property located?
The property is located at 12301 BRAXFIELD COURT Unit 13 Rockville, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 1,227‑square‑foot condominium; Three bedrooms and two full bathrooms; Single‑level layout
