Condominium with Garage
New
For Sale
$266,500
5750 BOU AVENUE, Rockville, MD 20852
An 810-square-foot home pairs in-unit laundry and a private balcony with building amenities including a rooftop pool and fitness center.
Property Size810 SF
Price / SF$329.01
Days on Market6
Property Features for 5750 BOU AVENUE
General Information
Standard status
Active
Size
810 SF
Total Parking Spaces
1
Property subtype
Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Amenities
24-hour concierge
rooftop pool
fitness center
theater room
billard room
pet-friendly
rentable guest suite
Building Details
Year Built
2007
Listing Agency:
Streamline Management, LLC.
(301) 656-8765
Listed By:
Barbara Frost · License #0225086860
(443) 873-3397
Source:
Cummingsrealtors
Added: Oct 16
Changed: Oct 21
Last Checked: Oct 20 at 9:49PM
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 Streamline Management, LLC.
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Investment Insights
Based on property information with market context.
Built in 2007, this 810-square-foot condominium has an open living and dining area connected to the kitchen, which features Italian cabinetry, a granite island, gas cooking and a new refrigerator. The living room opens onto a private balcony. Custom closets, in-unit laundry, updated sink fixtures and a smart thermostat add practical features, while an assigned corner space is provided in the building garage.
Building amenities include a 24-hour concierge, rooftop pool, fitness center, theater and billiard rooms, and a guest suite available to rent. Twinbrook and North Bethesda Metro stations are each about a 10-minute walk away. Montrose Crossing Shopping Center is nearby, with Pike & Rose also within walking distance.
The unit is subject to MPDU requirements: the purchaser must be a first-time homebuyer who has not owned property in the past five years and must occupy the home. Investor purchases are not permitted.
Building amenities include a 24-hour concierge, rooftop pool, fitness center, theater and billiard rooms, and a guest suite available to rent. Twinbrook and North Bethesda Metro stations are each about a 10-minute walk away. Montrose Crossing Shopping Center is nearby, with Pike & Rose also within walking distance.
The unit is subject to MPDU requirements: the purchaser must be a first-time homebuyer who has not owned property in the past five years and must occupy the home. Investor purchases are not permitted.
Key Highlights
- 810‑square‑foot condominium built in 2007
- Assigned spacious corner parking space in the building garage
- Private balcony, custom closets and in‑unit laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,374
Cap Rate
5.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$267,480
$267.5K
Cap Rate 7%
$191,057
$191.1K
Cap Rate 9%
$148,600
$148.6K
Market Conditions
NOI Build-Up for 810 SF
Gross rent
$26.1K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$24.3K $30.02/SF
− OpEx
−$10.9K −$13.51/SF
NOI
$13.4K $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%
$267,480
Cap Rate 7%
$191,057
Cap Rate 9%
$148,600
Alternative Uses
Best Use
Apartment 5plus
$191.1K
$167.2K – $222.9K
NOI $13,374 @ 7.0% cap · market cap 5.02%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$284.9K
$249.3K – $332.4K
NOI $19,946 @ 7.0% cap · market cap 7.48%
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
4,656
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - An 810-square-foot home pairs in-unit laundry and a private balcony with building amenities including a rooftop pool and fitness center.
Where is this residential income property located?
The property is located at 5750 BOU AVENUE Rockville, MD.
What is the asking price?
The asking price for this property is $266,500.
What are key features of this property?
This property features: 810‑square‑foot condominium built in 2007; Assigned spacious corner parking space in the building garage; Private balcony, custom closets and in‑unit laundry
