Updated Residential Income
For Sale
$339,990
7111 WOODMONT AVE #316, Bethesda, MD 20815
BETHESDA, MD
Property Size712 SF
Price / SF$477.51
Days on Market173
Property Features for 7111 WOODMONT AVE #316
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
1
Bathrooms
1
Full bathrooms
1
Rooms
Bedroom 1
Subdivision
DOWNTOWN BETHESDA
Elementary school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status
Active
Amenities
on-site gym
in-unit washer/dryer
Building Details
Year built
2000
Listing Agency:
Woodley Park
(202) 483-6300
Listed By:
Cheongah Gray
Added: Apr 17
Changed: Sep 3
Last Checked: Oct 6 at 3:06AM
MLS# MDMC2227660
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 712 sq ft condominium at 7111 Woodmont Ave #316 offers one-bedroom living space within a 2000-built residential property. Improvements include upgraded kitchen appliances and a refreshed bathroom with a new vanity and toilet. An in-unit washer/dryer, spacious closet, and assigned garage parking space add practical convenience.
The property is in downtown Bethesda near Metro service, shops, restaurants, parks, and the Capital Crescent Trail. Residents also have access to an on-site gym. The condominium permits pets subject to size restrictions, providing additional flexibility for occupants.
The property is in downtown Bethesda near Metro service, shops, restaurants, parks, and the Capital Crescent Trail. Residents also have access to an on-site gym. The condominium permits pets subject to size restrictions, providing additional flexibility for occupants.
Key Highlights
- 712 sq ft one‑bedroom condominium at 7111 Woodmont Ave #316, Bethesda, MD 20815
- Built in 2000 with upgraded kitchen appliances
- Updated bathroom includes a new vanity and toilet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,756
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,120
$235.1K
Cap Rate 7%
$167,943
$167.9K
Cap Rate 9%
$130,622
$130.6K
Market Conditions
NOI Build-Up for 712 SF
Gross rent
$23.0K $32.28/SF
− Vacancy
−$1.6K −$2.26/SF
EGI
$21.4K $30.02/SF
− OpEx
−$9.6K −$13.51/SF
NOI
$11.8K $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%
$235,120
Cap Rate 7%
$167,943
Cap Rate 9%
$130,622
Alternative Uses
Best Use
Apartment 5plus
$167.9K
$147.0K – $195.9K
NOI $11,756 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$250.5K
$219.2K – $292.2K
NOI $17,533 @ 7.0% cap · market cap 5.16%
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
5,427
Businesses Nearby
Explore this area
Business Placement
Demographics for 20815, MD
31,517
Population
14,192
Households
2.2
Avg Household Size
46
Median Age
85%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,836
Density / Sq Mi
$198,243
Median Household Income
$106,711
Median Earnings
$2,408
Median Rent
$1,230,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom unit with assigned garage parking, in-unit laundry, and access to an on-site fitness center.
Where is this residential income property located?
The property is located at 7111 WOODMONT AVE #316 Bethesda, MD.
What is the asking price?
The asking price for this property is $339,990.
What are key features of this property?
This property features: 712 sq ft one‑bedroom condominium at 7111 Woodmont Ave #316, Bethesda, MD 20815; Built in 2000 with upgraded kitchen appliances; Updated bathroom includes a new vanity and toilet
