Top-Floor Residential Income
For Sale
$235,000
12307 BRAXFIELD COURT Unit 13, Rockville, MD 20852
The condominium includes a private balcony, a separate outdoor storage closet, and access to shared recreation amenities.
Property Size1,007 SF
Price / SF$233.37
Days on Market98
Property Features for 12307 BRAXFIELD COURT Unit 13
General Information
Standard status
Active
Size
1,007 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,370
Amenities
swimming pool
green spaces
Building Details
Building Size
1,007 SF
Year Built
1970
Listing Agency:
The Agency DC
Listed By:
Christian R Cortes · License #5020758
(540) 326-5662
Source:
Districtpropertygroup
Added: Jul 24
Changed: Oct 27
Last Checked: Oct 27 at 3:56AM
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 The Agency DC
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Investment Insights
Based on property information with market context.
This top-floor condominium in Bethesda Park has two bedrooms, one bathroom, and an open living and dining layout. Sliding glass doors connect the main living area to a private balcony, while a separate outdoor closet provides storage. The building dates to 1970.
Community features include a swimming pool, landscaped common areas, and parking. Twinbrook and White Flint Metro stations, Rockville Pike, Pike & Rose, and downtown Bethesda are all described as nearby, along with shopping, dining, entertainment, and major commuter routes.
Community features include a swimming pool, landscaped common areas, and parking. Twinbrook and White Flint Metro stations, Rockville Pike, Pike & Rose, and downtown Bethesda are all described as nearby, along with shopping, dining, entertainment, and major commuter routes.
Key Highlights
- Two‑bedroom, one‑bathroom condominium
- Top‑floor residence with a private balcony
- Separate outdoor storage closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,627
Cap Rate
7.08%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,540
$332.5K
Cap Rate 7%
$237,529
$237.5K
Cap Rate 9%
$184,744
$184.7K
Market Conditions
NOI Build-Up for 1,007 SF
Gross rent
$32.5K $32.28/SF
− Vacancy
−$2.3K −$2.26/SF
EGI
$30.2K $30.02/SF
− OpEx
−$13.6K −$13.51/SF
NOI
$16.6K $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%
$332,540
Cap Rate 7%
$237,529
Cap Rate 9%
$184,744
Alternative Uses
Best Use
Apartment 5plus
$237.5K
$207.8K – $277.1K
NOI $16,627 @ 7.0% cap · market cap 7.08%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$354.2K
$310.0K – $413.3K
NOI $24,797 @ 7.0% cap · market cap 10.55%
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 condominium includes a private balcony, a separate outdoor storage closet, and access to shared recreation amenities.
Where is this residential income property located?
The property is located at 12307 BRAXFIELD COURT Unit 13 Rockville, MD.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom condominium; Top‑floor residence with a private balcony; Separate outdoor storage closet
