One-Bedroom Condominium with
For Sale
$212,000
170 TALBOTT STREET Unit 202, Rockville, MD 20852
An opened kitchen and living area create a connected layout, with a sliding door leading to the exterior deck.
Property Size645 SF
Price / SF$328.68
Days on Market21
Property Features for 170 TALBOTT STREET Unit 202
General Information
Standard status
Active
Size
645 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,325
Building Details
Building Size
645 SF
Year Built
1961
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 9
Changed: Oct 27
Last Checked: Oct 26 at 3:54PM
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 second-floor condominium has one bedroom and one bathroom, with 645 sq. ft. per tax records. The kitchen was renovated around 2016, replacing the original galley layout with an open connection to the living and dining area. Finishes include white shaker-style cabinets, granite countertops, a granite-topped island and stainless steel appliances. A sliding glass door opens to the exterior deck. The bedroom has a walk-in closet with built-in shelving, and the bathroom includes a tub and shower with a tiled surround.
Built in 1961, the unit is in the Woodmont Spring community in Rockville, just off Rockville Pike. Shopping, dining and bus routes are nearby, and Twinbrook Metro is about a mile away. The condo fee covers water, sewer and trash; parking is unassigned in the community lot.
Built in 1961, the unit is in the Woodmont Spring community in Rockville, just off Rockville Pike. Shopping, dining and bus routes are nearby, and Twinbrook Metro is about a mile away. The condo fee covers water, sewer and trash; parking is unassigned in the community lot.
Key Highlights
- 645 sq. ft. one‑bedroom, one‑bath condominium
- Second‑floor unit with exterior deck access from the living and dining area
- Kitchen renovation around 2016 added an island, granite counters and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,650
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$213,000
$213.0K
Cap Rate 7%
$152,143
$152.1K
Cap Rate 9%
$118,333
$118.3K
Market Conditions
NOI Build-Up for 645 SF
Gross rent
$20.8K $32.28/SF
− Vacancy
−$1.5K −$2.26/SF
EGI
$19.4K $30.02/SF
− OpEx
−$8.7K −$13.51/SF
NOI
$10.6K $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%
$213,000
Cap Rate 7%
$152,143
Cap Rate 9%
$118,333
Alternative Uses
Best Use
Apartment 5plus
$152.1K
$133.1K – $177.5K
NOI $10,650 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$226.9K
$198.5K – $264.7K
NOI $15,883 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,559
Businesses Nearby
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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 - An opened kitchen and living area create a connected layout, with a sliding door leading to the exterior deck.
Where is this residential income property located?
The property is located at 170 TALBOTT STREET Unit 202 Rockville, MD.
What is the asking price?
The asking price for this property is $212,000.
What are key features of this property?
This property features: 645 sq. ft. one‑bedroom, one‑bath condominium; Second‑floor unit with exterior deck access from the living and dining area; Kitchen renovation around 2016 added an island, granite counters and stainless steel appliances
