Ground-Floor Residential Income
New
For Sale
$253,000
18500 SWEET AUTUMN DRIVE Unit 103, Gaithersburg, MD 20879
The two-bedroom, two-bath layout includes in-unit laundry and a private patio.
Property Size980 SF
Days on Market7
Property Features for 18500 SWEET AUTUMN DRIVE Unit 103
General Information
Standard status
Active
Size
980 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,627
Amenities
in-unit washer/dryer
private patio
Building Details
Building Size
980 SF
Year Built
1990
Listing Agency:
NetRealtyNow.com, LLC
Listed By:
Thomas S Hennerty · License #5092
(703) 581-8605
Source:
Thehulsmangroup
Added: Sep 30
Changed: Oct 3
Last Checked: Oct 4 at 2:18PM
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 NetRealtyNow.com, LLC
Investment Insights
Based on property information with market context.
This ground-level residential income property offers two bedrooms and two full bathrooms in a single-level layout. Wood flooring runs through the unit, and one bathroom has been renovated. The living room connects to a distinct dining area, while the kitchen contains a full-size washer and dryer. The primary bedroom has a walk-in closet, and a private patio extends the living space with an attached storage and utility room.
Built in 1990, the unit also includes an assigned parking space positioned in front of the building.
Built in 1990, the unit also includes an assigned parking space positioned in front of the building.
Key Highlights
- Ground‑floor unit with two bedrooms and two full bathrooms
- Living room opens to a separate dining area
- Kitchen includes a full‑size washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,181
Cap Rate
6.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,620
$323.6K
Cap Rate 7%
$231,157
$231.2K
Cap Rate 9%
$179,789
$179.8K
Market Conditions
NOI Build-Up for 980 SF
Gross rent
$31.6K $32.28/SF
− Vacancy
−$2.2K −$2.26/SF
EGI
$29.4K $30.02/SF
− OpEx
−$13.2K −$13.51/SF
NOI
$16.2K $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%
$323,620
Cap Rate 7%
$231,157
Cap Rate 9%
$179,789
Alternative Uses
Best Use
Apartment 5plus
$231.2K
$202.3K – $269.7K
NOI $16,181 @ 7.0% cap · market cap 6.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$344.7K
$301.7K – $402.2K
NOI $24,132 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
814
Businesses Nearby
Explore this area
Business Placement
Demographics for 20879, MD
26,176
Population
9,008
Households
2.9
Avg Household Size
37
Median Age
42%
College-Educated
87%
High-School Grad
8.6 sq mi
ZIP Area
3,044
Density / Sq Mi
$105,109
Median Household Income
$49,269
Median Earnings
$1,895
Median Rent
$433,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom, two-bath layout includes in-unit laundry and a private patio.
Where is this residential income property located?
The property is located at 18500 SWEET AUTUMN DRIVE Unit 103 Gaithersburg, MD.
What is the asking price?
The asking price for this property is $253,000.
What are key features of this property?
This property features: Ground‑floor unit with two bedrooms and two full bathrooms; Living room opens to a separate dining area; Kitchen includes a full‑size washer and dryer
