1-Bedroom Residential Income
For Sale
$198,888
159 TALBOTT STREET Unit 159, Rockville, MD 20852
A top-floor residence includes in-unit laundry and a separate storage unit within the building.
Property Size729 SF
Price / SF$272.82
Days on Market27
Property Features for 159 TALBOTT STREET Unit 159
General Information
Standard status
Active
Size
729 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,429
Amenities
in-unit washer/dryer
storage unit
Building Details
Building Size
729 SF
Year Built
1965
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 3
Changed: Oct 27
Last Checked: Oct 26 at 3:48PM
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 729-square-foot, one-bedroom residence is on the building’s top floor. Its layout includes a foyer, living room, formal dining area, kitchen, full bathroom, and a dedicated laundry space with an in-unit washer and dryer. A separate storage unit in the building is included. The unit was freshly painted and has updated kitchen appliances. The building dates to 1965.
The property is at 159 Talbott Street in Rockville, with access to Rockville Pike, Twinbrook Metro station, I-270, and I-495. NIH and Joint Base Bethesda are also identified as accessible destinations. Shopping, dining, and entertainment options are nearby.
The property is at 159 Talbott Street in Rockville, with access to Rockville Pike, Twinbrook Metro station, I-270, and I-495. NIH and Joint Base Bethesda are also identified as accessible destinations. Shopping, dining, and entertainment options are nearby.
Key Highlights
- 729‑square‑foot, one‑bedroom unit on the building’s top floor
- Separate storage unit in the building included
- In‑unit washer and dryer in a dedicated laundry area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,037
Cap Rate
6.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,740
$240.7K
Cap Rate 7%
$171,957
$172.0K
Cap Rate 9%
$133,744
$133.7K
Market Conditions
NOI Build-Up for 729 SF
Gross rent
$23.5K $32.28/SF
− Vacancy
−$1.6K −$2.26/SF
EGI
$21.9K $30.02/SF
− OpEx
−$9.8K −$13.51/SF
NOI
$12.0K $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%
$240,740
Cap Rate 7%
$171,957
Cap Rate 9%
$133,744
Alternative Uses
Best Use
Apartment 5plus
$172.0K
$150.5K – $200.6K
NOI $12,037 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$256.4K
$224.4K – $299.2K
NOI $17,951 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,368
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 - A top-floor residence includes in-unit laundry and a separate storage unit within the building.
Where is this residential income property located?
The property is located at 159 TALBOTT STREET Unit 159 Rockville, MD.
What is the asking price?
The asking price for this property is $198,888.
What are key features of this property?
This property features: 729‑square‑foot, one‑bedroom unit on the building’s top floor; Separate storage unit in the building included; In‑unit washer and dryer in a dedicated laundry area
