Single-Story Residential Income
For Sale
$639,990
13250 PETREL STREET Unit 1203, Clarksburg, MD 20871
New construction offers three bedrooms, two baths, and access to extensive community amenities.
Property Size1,887 SF
Days on Market63
Property Features for 13250 PETREL STREET Unit 1203
General Information
Standard status
Active
Size
1,887 SF
Property subtype
Unit/Flat/Apartment
Building Details
Building Size
1,887 SF
Year Built
2026
Listing Agency:
Keller Williams Realty Centre
Listed By:
Nickolaus B Waldner · License #589020
(443) 579-1516
Source:
Barnesrealestatecompany
Added: Aug 15
Changed: Oct 6
Last Checked: Oct 15 at 6:08AM
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 Keller Williams Realty Centre
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Investment Insights
Based on property information with market context.
This single-story residential income property at 13250 Petrel Street, Unit 1203, is a 2026-built condominium residence with 1,887 sq. ft. of open living space. The layout includes three bedrooms, two full baths, a kitchen with an oversized island, extensive cabinetry, a walk-in pantry, and an adjoining dining area. The primary suite features a dual vanity, soaking tub, walk-in shower, and walk-in closet. A private balcony, walk-in laundry room, and one-car garage add practical convenience.
The residence is within a controlled-access 55+ community in Clarksburg. Shared amenities include a clubhouse, fitness room, billiards room, movie theatre, golf simulator, and community gardens. Valet trash service is provided three times a week, and Clarksburg Premium Outlets are nearby for shopping and dining.
The residence is within a controlled-access 55+ community in Clarksburg. Shared amenities include a clubhouse, fitness room, billiards room, movie theatre, golf simulator, and community gardens. Valet trash service is provided three times a week, and Clarksburg Premium Outlets are nearby for shopping and dining.
Key Highlights
- 1,887 sq. ft. of open‑concept living space
- Three bedrooms and 2 full baths in a single‑story layout
- 2026‑built condominium residence in a controlled‑access 55+ community
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,157
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$623,140
$623.1K
Cap Rate 7%
$445,100
$445.1K
Cap Rate 9%
$346,189
$346.2K
Market Conditions
NOI Build-Up for 1,887 SF
Gross rent
$60.9K $32.28/SF
− Vacancy
−$4.3K −$2.26/SF
EGI
$56.6K $30.02/SF
− OpEx
−$25.5K −$13.51/SF
NOI
$31.2K $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%
$623,140
Cap Rate 7%
$445,100
Cap Rate 9%
$346,189
Alternative Uses
Best Use
Apartment 5plus
$445.1K
$389.5K – $519.3K
NOI $31,157 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$663.8K
$580.8K – $774.4K
NOI $46,466 @ 7.0% cap · market cap 7.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
271
Businesses Nearby
Explore this area
Business Placement
Demographics for 20871, MD
28,557
Population
8,915
Households
3.2
Avg Household Size
36
Median Age
68%
College-Educated
95%
High-School Grad
22.9 sq mi
ZIP Area
1,247
Density / Sq Mi
$177,120
Median Household Income
$81,360
Median Earnings
$2,312
Median Rent
$628,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - New construction offers three bedrooms, two baths, and access to extensive community amenities.
Where is this residential income property located?
The property is located at 13250 PETREL STREET Unit 1203 Clarksburg, MD.
What is the asking price?
The asking price for this property is $639,990.
What are key features of this property?
This property features: 1,887 sq. ft. of open‑concept living space; Three bedrooms and 2 full baths in a single‑story layout; 2026‑built condominium residence in a controlled‑access 55+ community
