Ground-Level Residential Income
For Sale
$285,000
13401 FOUNTAIN CLUB DR #14T-3, Germantown, MD 20874
Two-bedroom condominium with two full bathrooms, central air conditioning, and a ground-level layout.
Property Size1,161 SF
Price / SF$245.48
Days on Market250
Property Features for 13401 FOUNTAIN CLUB DR #14T-3
General Information
Standard status
Active
Size
1,161 SF
Property subtype
Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Amenities
Central A/C
Forced Air
Dishwasher
Disposal
Dryer
Exhaust Fan
Oven/Range - Gas
Refrigerator
Washer
Building Details
Building Size
1,161 SF
Year Built
1997
Listing Agency:
Greater Howard County
Listed By:
Walter Fuentes · License #5016085
(301) 821-1548
Source:
Kw
Added: Feb 11
Changed: Oct 16
Last Checked: Oct 16 at 7:23AM
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 Greater Howard County
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Investment Insights
Based on property information with market context.
Located at 13401 Fountain Club Dr #14T-3 in Germantown, this ground-level condominium contains approximately 1,161 square feet with two bedrooms and two full bathrooms. The layout is suited to everyday residential use, with separate sleeping and bath areas within a single-level plan.
Interior systems and appliances include central A/C, forced air, a gas oven/range, refrigerator, dishwasher, disposal, washer, dryer, and exhaust fan. Constructed in 1997, the property is identified as a residential income property within the Fountain Hills community.
Interior systems and appliances include central A/C, forced air, a gas oven/range, refrigerator, dishwasher, disposal, washer, dryer, and exhaust fan. Constructed in 1997, the property is identified as a residential income property within the Fountain Hills community.
Key Highlights
- Approximately 1,161 sq. ft. of ground‑level condominium space
- Two bedrooms and two full bathrooms
- Central A/C and forced‑air heating
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,170
Cap Rate
6.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$383,400
$383.4K
Cap Rate 7%
$273,857
$273.9K
Cap Rate 9%
$213,000
$213.0K
Market Conditions
NOI Build-Up for 1,161 SF
Gross rent
$37.5K $32.28/SF
− Vacancy
−$2.6K −$2.26/SF
EGI
$34.9K $30.02/SF
− OpEx
−$15.7K −$13.51/SF
NOI
$19.2K $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%
$383,400
Cap Rate 7%
$273,857
Cap Rate 9%
$213,000
Alternative Uses
Best Use
Apartment 5plus
$273.9K
$239.6K – $319.5K
NOI $19,170 @ 7.0% cap · market cap 6.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$408.4K
$357.4K – $476.5K
NOI $28,589 @ 7.0% cap · market cap 10.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
419
Businesses Nearby
Explore this area
Business Placement
Demographics for 20874, MD
62,908
Population
23,081
Households
2.7
Avg Household Size
37
Median Age
49%
College-Educated
90%
High-School Grad
22.7 sq mi
ZIP Area
2,771
Density / Sq Mi
$109,648
Median Household Income
$57,436
Median Earnings
$1,938
Median Rent
$385,300
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom condominium with two full bathrooms, central air conditioning, and a ground-level layout.
Where is this residential income property located?
The property is located at 13401 FOUNTAIN CLUB DR #14T-3 Germantown, MD.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: Approximately 1,161 sq. ft. of ground‑level condominium space; Two bedrooms and two full bathrooms; Central A/C and forced‑air heating
