Residential Income Property with
For Sale
$209,900
5225 POOKS HILL ROAD Unit 708S, Bethesda, MD 20814
The seventh-floor home includes a south-facing balcony and access to indoor and outdoor pools, a gym, and on-site services.
Property Size981 SF
Price / SF$213.97
Days on Market138
Property Features for 5225 POOKS HILL ROAD Unit 708S
General Information
Standard status
Active
Size
981 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,131
Amenities
south-facing balcony
indoor pool
outdoor pool
fitness center
restaurant
convenience store
hair salon
library
underground parking
common parking lot
gated community
24-hour security
tennis courts
pickleball courts
Building Details
Building Size
981 SF
Year Built
1973
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Carolyn B Wescott · License #629112
(443) 867-7171
Source:
Jackrealtygroup
Added: Jun 13
Changed: Oct 27
Last Checked: Oct 26 at 3:17PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Set on the seventh floor, this residential unit has a south-facing balcony and a flexible living and dining area. The kitchen features white cabinetry, white appliances, and granite countertops. Bamboo flooring runs through the main living spaces, with wood-look porcelain tile in the bathroom and vinyl flooring in the kitchen. The bedroom has oversized windows, and closet systems add storage. The property was built in 1973.
Promenade residents have access to indoor and outdoor pools, a gym, restaurant, convenience store, hair salon, library, underground parking, and a common parking lot. The gated community has 24-hour security. The balcony faces south, with views toward Washington, DC, and the tennis and pickleball courts.
Promenade residents have access to indoor and outdoor pools, a gym, restaurant, convenience store, hair salon, library, underground parking, and a common parking lot. The gated community has 24-hour security. The balcony faces south, with views toward Washington, DC, and the tennis and pickleball courts.
Key Highlights
- 981 property size
- Seventh‑floor unit with a south‑facing balcony and views toward Washington, DC
- Kitchen has granite countertops, white appliances, and painted wood cabinetry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,198
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$323,960
$324.0K
Cap Rate 7%
$231,400
$231.4K
Cap Rate 9%
$179,978
$180.0K
Market Conditions
NOI Build-Up for 981 SF
Gross rent
$31.7K $32.28/SF
− Vacancy
−$2.2K −$2.26/SF
EGI
$29.5K $30.02/SF
− OpEx
−$13.3K −$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%
$323,960
Cap Rate 7%
$231,400
Cap Rate 9%
$179,978
Alternative Uses
Best Use
Apartment 5plus
$231.4K
$202.5K – $270.0K
NOI $16,198 @ 7.0% cap · market cap 7.72%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$345.1K
$302.0K – $402.6K
NOI $24,156 @ 7.0% cap · market cap 11.51%
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
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 - The seventh-floor home includes a south-facing balcony and access to indoor and outdoor pools, a gym, and on-site services.
Where is this residential income property located?
The property is located at 5225 POOKS HILL ROAD Unit 708S Bethesda, MD.
What is the asking price?
The asking price for this property is $209,900.
What are key features of this property?
This property features: 981 property size; Seventh‑floor unit with a south‑facing balcony and views toward Washington, DC; Kitchen has granite countertops, white appliances, and painted wood cabinetry
