Condominium with Private
For Sale
$399,900
5750 BOU AVENUE Unit 610, Rockville, MD 20852
A one-bedroom home with a den includes assigned parking, in-unit laundry, and dedicated storage.
Property Size1,074 SF
Price / SF$372.35
Days on Market170
Property Features for 5750 BOU AVENUE Unit 610
General Information
Standard status
Active
Size
1,074 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR+den
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,666
Amenities
rooftop pool
fitness center
24-hour concierge
private theater room
hotel room for guests
rooftop lounge
in-unit washer and dryer
private patio
storage space
Building Details
Building Size
1,074 SF
Year Built
2007
Listing Agency:
Redfin Corp
Listed By:
Thomas K Paolini · License #627794
(301) 471-4302
Source:
Dmvliving
Added: May 13
Changed: Oct 27
Last Checked: Oct 27 at 3:36AM
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 Redfin Corp
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Investment Insights
Based on property information with market context.
This 1,074-square-foot condominium has one bedroom, a den, and an open living and dining area connected to a 600-square-foot private patio. Hardwood flooring was installed in September 2022. The kitchen has granite countertops and stainless steel appliances, and the unit includes a washer and dryer, assigned parking, and dedicated storage. Patio furniture and window treatments are included. The building was constructed in 2007.
Building amenities include a rooftop pool and lounge, fitness center, theater room, guest hotel room, and 24-hour concierge. The property is just off Rockville Pike, with access to shopping, dining, Metro, and major commuter routes.
Building amenities include a rooftop pool and lounge, fitness center, theater room, guest hotel room, and 24-hour concierge. The property is just off Rockville Pike, with access to shopping, dining, Metro, and major commuter routes.
Key Highlights
- 600‑square‑foot private patio
- 1,074‑square‑foot residence with one bedroom and a den
- Hardwood flooring installed in September 2022
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,733
Cap Rate
4.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$354,660
$354.7K
Cap Rate 7%
$253,329
$253.3K
Cap Rate 9%
$197,033
$197.0K
Market Conditions
NOI Build-Up for 1,074 SF
Gross rent
$34.7K $32.28/SF
− Vacancy
−$2.4K −$2.26/SF
EGI
$32.2K $30.02/SF
− OpEx
−$14.5K −$13.51/SF
NOI
$17.7K $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%
$354,660
Cap Rate 7%
$253,329
Cap Rate 9%
$197,033
Alternative Uses
Best Use
Apartment 5plus
$253.3K
$221.7K – $295.6K
NOI $17,733 @ 7.0% cap · market cap 4.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$377.8K
$330.6K – $440.8K
NOI $26,447 @ 7.0% cap · market cap 6.61%
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 - A one-bedroom home with a den includes assigned parking, in-unit laundry, and dedicated storage.
Where is this residential income property located?
The property is located at 5750 BOU AVENUE Unit 610 Rockville, MD.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: 600‑square‑foot private patio; 1,074‑square‑foot residence with one bedroom and a den; Hardwood flooring installed in September 2022
