One-Bedroom
For Sale
$300,000
7111 WOODMONT AVENUE Unit 308, Bethesda, MD 20815
An open living area pairs with an in-unit washer and dryer for everyday convenience.
Property Size633 SF
Price / SF$473.93
Days on Market50
Property Features for 7111 WOODMONT AVENUE Unit 308
General Information
Standard status
Active
Size
633 SF
Elevators
Yes
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
$4,129
Amenities
fitness center
secure underground parking
pet-friendly community
Building Details
Building Size
633 SF
Year Built
2000
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
juan umanzor Jr. · License #577426
(301) 907-7600
Source:
Jackrealtygroup
Added: Sep 9
Changed: Oct 26
Last Checked: Oct 26 at 10:28AM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This 633-square-foot condominium has one bedroom and one bathroom, with an open living area framed by a panoramic window. The kitchen is equipped with stainless steel appliances, while a walk-in closet and in-unit washer and dryer add practical storage and household functionality. The building was constructed in 2000 and provides elevator service, a fitness center, secure underground parking, and a pet-friendly community setting.
The residence is in Downtown Bethesda, near Bethesda Row, Woodmont Triangle, Capital Crescent Trail, NIH, Walter Reed, and the Bethesda Metro Station. Dining, shopping, entertainment, parks, and outdoor spaces are also identified in the surrounding area, with access to Washington, D.C., and major commuter routes.
The residence is in Downtown Bethesda, near Bethesda Row, Woodmont Triangle, Capital Crescent Trail, NIH, Walter Reed, and the Bethesda Metro Station. Dining, shopping, entertainment, parks, and outdoor spaces are also identified in the surrounding area, with access to Washington, D.C., and major commuter routes.
Key Highlights
- 633‑square‑foot condominium with one bedroom and one bathroom
- Open living area with a panoramic window
- Kitchen includes stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,452
Cap Rate
3.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,040
$209.0K
Cap Rate 7%
$149,314
$149.3K
Cap Rate 9%
$116,133
$116.1K
Market Conditions
NOI Build-Up for 633 SF
Gross rent
$20.4K $32.28/SF
− Vacancy
−$1.4K −$2.26/SF
EGI
$19.0K $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%
$209,040
Cap Rate 7%
$149,314
Cap Rate 9%
$116,133
Alternative Uses
Best Use
Apartment 5plus
$149.3K
$130.7K – $174.2K
NOI $10,452 @ 7.0% cap · market cap 3.48%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$222.7K
$194.8K – $259.8K
NOI $15,587 @ 7.0% cap · market cap 5.20%
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 - An open living area pairs with an in-unit washer and dryer for everyday convenience.
Where is this residential income property located?
The property is located at 7111 WOODMONT AVENUE Unit 308 Bethesda, MD.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 633‑square‑foot condominium with one bedroom and one bathroom; Open living area with a panoramic window; Kitchen includes stainless steel appliances
