Townhouse-Style
For Sale
$450,000
5818 INMAN PARK CIRCLE Unit 210, Rockville, MD 20852
The 1,288-square-foot residence has three bedrooms and three bathrooms, with a wraparound balcony and community recreation amenities.
Property Size1,288 SF
Price / SF$349.38
Days on Market23
Property Features for 5818 INMAN PARK CIRCLE Unit 210
General Information
Standard status
Active
Size
1,288 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Asking Price
$450,000
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,172
Amenities
in-unit washer/dryer
balcony
wood-burning fireplace
extra exterior storage
community pool
clubhouse
fitness center
tennis courts
pickleball courts
indoor racquetball court
squash court
walking trails
tot lots
Building Details
Building Size
1,288 SF
Year Built
1987
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 6
Changed: Oct 27
Last Checked: Oct 26 at 2:35PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 1,288-square-foot townhouse-style condominium was built in 1987 and has three bedrooms and three bathrooms. The main level features wood flooring, crown molding, a wood-burning fireplace, and a bedroom with an adjoining bathroom. Upstairs, the primary suite includes a walk-in closet and private bathroom. The kitchen has stainless steel appliances, granite countertops, and under-cabinet lighting; the upper level has new carpeting. A wraparound balcony faces wooded surroundings, and the unit also includes a washer and dryer and exterior storage by the entry. There is no unit above it.
Residents have access to community pools, a clubhouse, fitness center, tennis and pickleball courts, indoor racquetball and squash courts, walking trails, and tot lots. Water is included in the condo fees. The property is within the Montgomery County Public Schools system and has access to Grosvenor-Strathmore Metro, MARC train service, I-495, and I-270. Nearby destinations include Grosvenor Market, Strathmore Music Hall, Pike & Rose, and Wildwood Shopping Center.
Residents have access to community pools, a clubhouse, fitness center, tennis and pickleball courts, indoor racquetball and squash courts, walking trails, and tot lots. Water is included in the condo fees. The property is within the Montgomery County Public Schools system and has access to Grosvenor-Strathmore Metro, MARC train service, I-495, and I-270. Nearby destinations include Grosvenor Market, Strathmore Music Hall, Pike & Rose, and Wildwood Shopping Center.
Key Highlights
- 1,288‑square‑foot townhouse‑style condo with 3 bedrooms and 3 bathrooms
- Wraparound balcony overlooking wooded surroundings
- Main‑level bedroom has its own bathroom; primary suite includes a walk‑in closet and private bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,266
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$425,320
$425.3K
Cap Rate 7%
$303,800
$303.8K
Cap Rate 9%
$236,289
$236.3K
Market Conditions
NOI Build-Up for 1,288 SF
Gross rent
$41.6K $32.28/SF
− Vacancy
−$2.9K −$2.26/SF
EGI
$38.7K $30.02/SF
− OpEx
−$17.4K −$13.51/SF
NOI
$21.3K $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%
$425,320
Cap Rate 7%
$303,800
Cap Rate 9%
$236,289
Alternative Uses
Best Use
Apartment 5plus
$303.8K
$265.8K – $354.4K
NOI $21,266 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$453.1K
$396.5K – $528.6K
NOI $31,716 @ 7.0% cap · market cap 7.05%
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
1,005
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 1,288-square-foot residence has three bedrooms and three bathrooms, with a wraparound balcony and community recreation amenities.
Where is this residential income property located?
The property is located at 5818 INMAN PARK CIRCLE Unit 210 Rockville, MD.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 1,288‑square‑foot townhouse‑style condo with 3 bedrooms and 3 bathrooms; Wraparound balcony overlooking wooded surroundings; Main‑level bedroom has its own bathroom; primary suite includes a walk‑in closet and private bathroom
