Updated Residential Income
For Sale
$298,000
7111 WOODMONT AVENUE Unit 108, Bethesda, MD 20815
The one-bedroom layout includes an open kitchen and living area, in-unit laundry, and access to building amenities.
Property Size637 SF
Price / SF$467.82
Days on Market184
Property Features for 7111 WOODMONT AVENUE Unit 108
General Information
Standard status
Active
Size
637 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,350
Amenities
fitness center
assigned garage parking
bike rack
in-unit washer/dryer
renovated lobby
Building Details
Building Size
637 SF
Year Built
2000
Listing Agency:
Compass
Listed By:
Jennifer S Smira · License #639332
(202) 280-2060
Source:
Jackrealtygroup
Added: Apr 28
Changed: Oct 26
Last Checked: Oct 26 at 10:33AM
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 Compass
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 637-square-foot residential unit has one bedroom and one full bath, with an open arrangement connecting the kitchen, dining area, and living room. The kitchen features stainless steel appliances, granite counters, blue cabinetry, and a breakfast bar. The bedroom has a walk-in closet with built-in shelving and access to the bathroom, which can also be reached from the main living area. In-unit laundry and 8.5-foot ceilings add to the interior configuration.
Updates completed in 2024 include luxury vinyl flooring, interior paint, light fixtures, blinds, and a microwave. Building features include a fitness center, a renovated lobby, assigned garage parking, and a personal bike rack. The property is in Bethesda, with Bethesda Row, the Capital Crescent Trail, grocery and retail destinations, parks, NIH, Walter Reed, and Metro listed nearby.
Updates completed in 2024 include luxury vinyl flooring, interior paint, light fixtures, blinds, and a microwave. Building features include a fitness center, a renovated lobby, assigned garage parking, and a personal bike rack. The property is in Bethesda, with Bethesda Row, the Capital Crescent Trail, grocery and retail destinations, parks, NIH, Walter Reed, and Metro listed nearby.
Key Highlights
- 637‑square‑foot unit with one bedroom and one full bath
- Open kitchen, dining, and living areas; 8.5‑foot ceilings
- 2024 updates: luxury vinyl flooring, paint, light fixtures, blinds, and microwave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,518
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$210,360
$210.4K
Cap Rate 7%
$150,257
$150.3K
Cap Rate 9%
$116,867
$116.9K
Market Conditions
NOI Build-Up for 637 SF
Gross rent
$20.6K $32.28/SF
− Vacancy
−$1.4K −$2.26/SF
EGI
$19.1K $30.02/SF
− OpEx
−$8.6K −$13.51/SF
NOI
$10.5K $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%
$210,360
Cap Rate 7%
$150,257
Cap Rate 9%
$116,867
Alternative Uses
Best Use
Apartment 5plus
$150.3K
$131.5K – $175.3K
NOI $10,518 @ 7.0% cap · market cap 3.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$224.1K
$196.1K – $261.4K
NOI $15,686 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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
Frequently Asked Questions
What type of property is this?
Residential income property - The one-bedroom layout includes an open kitchen and living area, in-unit laundry, and access to building amenities.
Where is this residential income property located?
The property is located at 7111 WOODMONT AVENUE Unit 108 Bethesda, MD.
What is the asking price?
The asking price for this property is $298,000.
What are key features of this property?
This property features: 637‑square‑foot unit with one bedroom and one full bath; Open kitchen, dining, and living areas; 8.5‑foot ceilings; 2024 updates: luxury vinyl flooring, paint, light fixtures, blinds, and microwave
