Two-Bedroom Residential Income
For Sale
$205,000
5225 POOKS HILL ROAD Unit 426S, Bethesda, MD 20814
A renovated co-op residence pairs flexible living space with a reserved garage parking space and community amenities.
Property Size1,117 SF
Price / SF$183.53
Days on Market33
Property Features for 5225 POOKS HILL ROAD Unit 426S
General Information
Standard status
Active
Size
1,117 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Road Access
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$3,062
Amenities
private balcony
indoor pool
outdoor pool
fitness center
tennis courts
pickleball courts
spa services
on-site dining
market
library
community spaces
gated community
Building Details
Building Size
1,117 SF
Year Built
1973
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 28
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 1,117-square-foot, two-bedroom, one-bath residence occupies the fourth floor of The Promenade. Wood floors and large windows complement an open living and dining area, while the updated kitchen has quartz counters, white cabinetry, a tile backsplash, and a breakfast bar. Pocket doors give the second bedroom flexibility, and storage includes two closets with built-in shelving plus a primary-bedroom walk-in closet with custom organization. The bathroom features a glass-enclosed walk-in shower. A private balcony overlooks landscaped community grounds, and one reserved garage parking space is included. The building dates to 1973.
The gated community offers indoor and outdoor pools, fitness facilities, tennis and pickleball courts, spa services, dining, a market, library, and shared gathering areas. Utilities included in the monthly co-op fee are cable TV, water, sewer, and HVAC. The property has access to major commuter routes, Bethesda, and nearby walking and biking trails.
The gated community offers indoor and outdoor pools, fitness facilities, tennis and pickleball courts, spa services, dining, a market, library, and shared gathering areas. Utilities included in the monthly co-op fee are cable TV, water, sewer, and HVAC. The property has access to major commuter routes, Bethesda, and nearby walking and biking trails.
Key Highlights
- Two‑bedroom, one‑bath residence with 1,117 square feet
- Fourth‑floor unit in The Promenade, built in 1973
- Private balcony overlooking landscaped grounds
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,443
Cap Rate
9.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$368,860
$368.9K
Cap Rate 7%
$263,471
$263.5K
Cap Rate 9%
$204,922
$204.9K
Market Conditions
NOI Build-Up for 1,117 SF
Gross rent
$36.1K $32.28/SF
− Vacancy
−$2.5K −$2.26/SF
EGI
$33.5K $30.02/SF
− OpEx
−$15.1K −$13.51/SF
NOI
$18.4K $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%
$368,860
Cap Rate 7%
$263,471
Cap Rate 9%
$204,922
Alternative Uses
Best Use
Apartment 5plus
$263.5K
$230.5K – $307.4K
NOI $18,443 @ 7.0% cap · market cap 9.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$392.9K
$343.8K – $458.4K
NOI $27,505 @ 7.0% cap · market cap 13.42%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
455
Businesses Nearby
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Business Placement
Demographics for 20814, MD
31,919
Population
15,388
Households
2.1
Avg Household Size
41
Median Age
84%
College-Educated
98%
High-School Grad
4.5 sq mi
ZIP Area
7,093
Density / Sq Mi
$150,401
Median Household Income
$90,050
Median Earnings
$2,329
Median Rent
$976,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A renovated co-op residence pairs flexible living space with a reserved garage parking space and community amenities.
Where is this residential income property located?
The property is located at 5225 POOKS HILL ROAD Unit 426S Bethesda, MD.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath residence with 1,117 square feet; Fourth‑floor unit in The Promenade, built in 1973; Private balcony overlooking landscaped grounds
