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Two-Level Residential Income Property

18808 SPARKLING WATER DR #16-301, Germantown, MD 20874

For Sale
New
$345,000

GERMANTOWN, MD

Property SizeContact for details
Days on Market7

Property Features for 18808 SPARKLING WATER DR #16-301

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 1, Bedroom 3, Bedroom 2
Subdivision FOUNTAIN HILLS
Elementary school GERMANTOWN
Middle school ROBERTO W. CLEMENTE
High school NORTHWEST
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

private balcony
outdoor pool
tennis
basketball courts

Building Details

Year built 1999
Listing Agency: Chevy Chase Circle
Listed By: Brett G Souza
Added: Nov 4 Changed: Nov 10 Last Checked: Nov 10 at 9:06PM
MLS# MDMC2262796

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

Built in 1999, this two-level residential income property offers more than 1,400 square feet of living space. The main floor combines the kitchen, dining area, and living room in an open layout, with the living room opening onto a private balcony. Three bedrooms and two full bathrooms are also on this level. Upstairs, an open loft overlooks the main floor, and a laundry closet has a side-by-side washer and dryer. The kitchen is equipped with stainless steel appliances.

The condo fee includes water and three unassigned parking spaces. The monthly HOA fee includes use of an outdoor pool, tennis courts, and basketball courts.

Key Highlights

  • More than 1,400 square feet across two levels
  • Three bedrooms and two full bathrooms on the main level
  • Open loft overlooking the main living area

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

428
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 - Open living areas connect the kitchen, dining room, and balcony, with a loft above.
Where is this residential income property located?
The property is located at 18808 SPARKLING WATER DR #16-301 Germantown, MD.
What is the asking price?
The asking price for this property is $345,000.
What are key features of this property?
This property features: More than 1,400 square feet across two levels; Three bedrooms and two full bathrooms on the main level; Open loft overlooking the main living area
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