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Renovated Two-Bedroom Condo

170 TALBOTT STREET #205, Rockville, MD 20852

For Sale
$220,000

Updated kitchen and private balcony overlook Woodmont Country Club fairways.

Property Size800 SF
Price / SF$275
Days on Market417

Property Features for 170 TALBOTT STREET #205

General Information

Standard status Active
Size 800 SF
Property subtype Apartment

Units

Unit Mix 1 x 2BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Amenities

private balcony
on-site laundry
extra storage
non-smoking building
Central A/C
Forced Air
Built-In Microwave
Dishwasher
Disposal
Refrigerator
Stove
Deck, Cable TV Available, Phone Available, Sewer Available, Water Available

Building Details

Year Built 1961
Listing Agency: Keller Williams Realty Centre
Listed By: Ali Kalarestaghi · License #604974
Source: Kw
Added: Sep 18, 2025 Changed: Nov 6 Last Checked: Nov 8 at 8:16AM

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 second-floor residential income property offers approximately 800 square feet with two bedrooms and one bathroom. The interior has been renovated with a redesigned kitchen featuring cabinetry, stainless steel appliances, granite countertops, built-in microwave, dishwasher, disposal, refrigerator, and stove. Central A/C and forced air support year-round comfort, while the unit also includes ample closet space and updated bathroom finishes.

A private balcony overlooks the fairways at Woodmont Country Club, with mature trees contributing to the surrounding park-like setting. The property provides abundant parking, on-site laundry, and additional storage in a non-smoking building. Rockville Pike shops and dining are nearby, Twinbrook Metro is 1.2 miles away, Montgomery College is under 3 miles away, and Reagan National and Dulles airports are 18 miles and 28 miles away, respectively.

Key Highlights

  • Approximately 800 square feet with 2 bedrooms and 1 bathroom
  • Second‑floor condo with private balcony views of Woodmont Country Club fairways
  • Renovated kitchen with granite countertops and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,209
Cap Rate
6.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$264,180 $264.2K
Cap Rate 7%
$188,700 $188.7K
Cap Rate 9%
$146,767 $146.8K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$25.8K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$24.0K $30.02/SF
− OpEx
−$10.8K −$13.51/SF
NOI
$13.2K $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%
$264,180
Cap Rate 7%
$188,700
Cap Rate 9%
$146,767

Alternative Uses

Best Use
Apartment 5plus
$188.7K
$165.1K – $220.2K (±1% cap)
NOI $13,209 @ 7.0% cap · market cap 6.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$281.4K
$246.2K – $328.3K (±1% cap)
NOI $19,699 @ 7.0% cap · market cap 8.95%
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

Location Intelligence

Trade Area within ½ mile

1,559
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Residential income properties in Montgomery County, MD

$278 Jul
$263 Aug
$238 Sep
$278 Oct

Properties on Market for Residential income properties in Montgomery County

Jul
Aug
Sep
Oct

Frequently Asked Questions

What type of property is this?
Residential income property - Updated kitchen and private balcony overlook Woodmont Country Club fairways.
Where is this residential income property located?
The property is located at 170 TALBOTT STREET #205 Rockville, MD.
What is the asking price?
The asking price for this property is $220,000.
What are key features of this property?
This property features: Approximately 800 square feet with 2 bedrooms and 1 bathroom; Second‑floor condo with private balcony views of Woodmont Country Club fairways; Renovated kitchen with granite countertops and stainless steel appliances
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