Updated Condominium
For Sale
$205,000
12405 BRAXFIELD COURT Unit 504, Rockville, MD 20852
The residence includes a private balcony overlooking trees and open greenspace, with community amenities available to residents.
Property Size1,036 SF
Price / SF$197.88
Days on Market14
Property Features for 12405 BRAXFIELD COURT Unit 504
General Information
Standard status
Active
Size
1,036 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,458
Amenities
private balcony
pool
tennis courts
playgrounds
landscaped grounds
Building Details
Building Size
1,036 SF
Year Built
1970
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 16
Changed: Oct 27
Last Checked: Oct 26 at 3:19PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 1,036-square-foot condominium was built in 1970 and has updated flooring, fresh paint, a renovated kitchen and bath, and a private balcony facing trees and open greenspace. The primary bedroom has two large closets, and the unit also includes a separate storage area.
Community facilities include a pool, tennis courts, playgrounds, and landscaped grounds. The condo fee covers utilities and access to community amenities.
Twinbrook Metro, Pike & Rose, shopping, restaurants, I-270, and I-495 are described as minutes away.
Community facilities include a pool, tennis courts, playgrounds, and landscaped grounds. The condo fee covers utilities and access to community amenities.
Twinbrook Metro, Pike & Rose, shopping, restaurants, I-270, and I-495 are described as minutes away.
Key Highlights
- 1,036‑square‑foot condominium built in 1970
- Updated flooring, kitchen, and bath; fresh paint
- Private balcony overlooking trees and open greenspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,106
Cap Rate
8.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,120
$342.1K
Cap Rate 7%
$244,371
$244.4K
Cap Rate 9%
$190,067
$190.1K
Market Conditions
NOI Build-Up for 1,036 SF
Gross rent
$33.4K $32.28/SF
− Vacancy
−$2.3K −$2.26/SF
EGI
$31.1K $30.02/SF
− OpEx
−$14.0K −$13.51/SF
NOI
$17.1K $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%
$342,120
Cap Rate 7%
$244,371
Cap Rate 9%
$190,067
Alternative Uses
Best Use
Apartment 5plus
$244.4K
$213.8K – $285.1K
NOI $17,106 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$364.4K
$318.9K – $425.2K
NOI $25,511 @ 7.0% cap · market cap 12.44%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
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
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Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes a private balcony overlooking trees and open greenspace, with community amenities available to residents.
Where is this residential income property located?
The property is located at 12405 BRAXFIELD COURT Unit 504 Rockville, MD.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 1,036‑square‑foot condominium built in 1970; Updated flooring, kitchen, and bath; fresh paint; Private balcony overlooking trees and open greenspace
