Renovated One-Bedroom
For Sale
$239,900
Pending
5700 BREWER HOUSE CIRCLE Unit T3-11, Rockville, MD 20852
The home includes an in-unit washer and dryer, an eat-in kitchen, and access to community recreation amenities.
Property Size682 SF
Days on Market189
Property Features for 5700 BREWER HOUSE CIRCLE Unit T3-11
General Information
Standard status
Pending
Size
682 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,680
Amenities
in-unit washer/dryer
jogging walking trail
tennis courts
outdoor pool
Building Details
Building Size
682 SF
Year Built
1986
Listing Agency:
RE/MAX Town Center
Listed By:
William Joe Preston Jr. · License #631409
(301) 613-5084
Source:
Dmvliving
Added: Apr 26
Changed: Oct 29
Last Checked: Oct 27 at 3:39AM
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 RE/MAX Town Center
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Investment Insights
Based on property information with market context.
This 682-square-foot condominium has one bedroom and one full bathroom. Recent interior work includes fresh paint, new flooring, an updated bathroom, and a new kitchen. The layout also features a large bedroom with ample closet space, an oversized kitchen with an eat-in area, and an in-unit washer and dryer.
Residents have access to a jogging and walking trail, tennis courts, and an outdoor pool. The property is a short walk from the Grosvenor Metro Red Line station, with I-495 and I-270 a few minutes away by car. The location is between Rockville and Bethesda.
Residents have access to a jogging and walking trail, tennis courts, and an outdoor pool. The property is a short walk from the Grosvenor Metro Red Line station, with I-495 and I-270 a few minutes away by car. The location is between Rockville and Bethesda.
Key Highlights
- 682‑square‑foot, one‑bedroom condominium with one full bathroom
- Recent updates include new flooring, paint, a kitchen, and a bathroom
- In‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,261
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$225,220
$225.2K
Cap Rate 7%
$160,871
$160.9K
Cap Rate 9%
$125,122
$125.1K
Market Conditions
NOI Build-Up for 682 SF
Gross rent
$22.0K $32.28/SF
− Vacancy
−$1.5K −$2.26/SF
EGI
$20.5K $30.02/SF
− OpEx
−$9.2K −$13.51/SF
NOI
$11.3K $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%
$225,220
Cap Rate 7%
$160,871
Cap Rate 9%
$125,122
Alternative Uses
Best Use
Apartment 5plus
$160.9K
$140.8K – $187.7K
NOI $11,261 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$239.9K
$209.9K – $279.9K
NOI $16,794 @ 7.0% cap · market cap 7.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
893
Businesses Nearby
Explore this area
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
Frequently Asked Questions
What type of property is this?
Residential income property - The home includes an in-unit washer and dryer, an eat-in kitchen, and access to community recreation amenities.
Where is this residential income property located?
The property is located at 5700 BREWER HOUSE CIRCLE Unit T3-11 Rockville, MD.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: 682‑square‑foot, one‑bedroom condominium with one full bathroom; Recent updates include new flooring, paint, a kitchen, and a bathroom; In‑unit washer and dryer
