Two-Bedroom Income
For Sale
$525,000
5750 BOU AVENUE Unit 618, Rockville, MD 20852
Condominium residence with a den, two storage spaces, and garage parking near Metro access and Pike & Rose.
Property Size1,400 SF
Price / SF$375
Days on Market43
Property Features for 5750 BOU AVENUE Unit 618
General Information
Standard status
Active
Size
1,400 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA + den
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$6,009
Building Details
Building Size
1,400 SF
Year Built
2007
Listing Agency:
Giant Realty, Inc.
Listed By:
Beom-Gu Yeo · License #594006
(703) 303-4886
Source:
Kerishull
Added: Aug 24
Changed: Oct 3
Last Checked: Oct 4 at 2:22PM
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 Giant Realty, Inc.
Investment Insights
Based on property information with market context.
This residential income property is a two-bedroom, two-bathroom condominium with an additional den, two storage spaces, and one garage parking space. The interior combines hardwood flooring in the primary living areas with carpeted bedrooms. Its kitchen includes granite countertops and stainless steel appliances, while building amenities support a convenient residential setting. Constructed in 2007, the property is located at 5750 BOU Avenue, Unit 618, in Rockville, Maryland. Metro access, shopping, and Pike & Rose are all identified as nearby, placing the residence within an established mixed-use area.
Key Highlights
- Two‑bedroom, two‑bathroom condominium with an additional den
- Two storage spaces included with the residence
- One garage parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,116
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$462,320
$462.3K
Cap Rate 7%
$330,229
$330.2K
Cap Rate 9%
$256,844
$256.8K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$45.2K $32.28/SF
− Vacancy
−$3.2K −$2.26/SF
EGI
$42.0K $30.02/SF
− OpEx
−$18.9K −$13.51/SF
NOI
$23.1K $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%
$462,320
Cap Rate 7%
$330,229
Cap Rate 9%
$256,844
Alternative Uses
Best Use
Apartment 5plus
$330.2K
$289.0K – $385.3K
NOI $23,116 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$492.5K
$430.9K – $574.6K
NOI $34,474 @ 7.0% cap · market cap 6.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,656
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with a den, two storage spaces, and garage parking near Metro access and Pike & Rose.
Where is this residential income property located?
The property is located at 5750 BOU AVENUE Unit 618 Rockville, MD.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom condominium with an additional den; Two storage spaces included with the residence; One garage parking space
