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Two-Bedroom Residential Income Property
For Sale
$502,561

7171 WOODMONT AVENUE Unit 306, Bethesda, MD 20815

The home includes in-unit laundry and access to a fitness center, yoga studio, and resident clubroom.

Property Size860 SF
Price / SF$584.37
Days on Market24

Property Features for 7171 WOODMONT AVENUE Unit 306

General Information

Standard status Active
Size 860 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $4,487

Amenities

24-hour concierge service
fitness center
yoga studio
business center
resident clubroom
hospitality suites
rooftop terrace
bicycle storage
package handling and notification services
dry-cleaning and laundry services
pet-friendly
guest parking
in-unit washer/dryer

Building Details

Building Size 860 SF
Year Built 2015
Listing Agency: Jack Realty Group
Listed By: John Pruski · License #BR98377715
Source: Jackrealtygroup
Added: Oct 5 Changed: Oct 27 Last Checked: Oct 26 at 2:55PM

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 860-square-foot residence in The Darcy has two bedrooms and two full bathrooms. Built in 2015, the home features a table-space kitchen with stainless steel appliances, a combined living and dining area, a walk-in closet in the primary suite, and an in-unit washer and dryer. The property is subject to Montgomery County Workforce Housing covenants and income restrictions.

Building amenities include a 24-hour concierge, fitness center, separate yoga studio, business center, and resident clubroom. Residents also have access to hospitality suites and a rooftop terrace at The Flats. Bicycle storage and package handling are available, along with optional services such as housekeeping and laundry.

The Darcy stands at Woodmont and Bethesda Avenues, with ground-floor retail and restaurants, cafes, shops, and theaters nearby. The Capital Crescent Trail is approximately one block away, and Bethesda Metro station is a few blocks from the building.

Key Highlights

  • 860‑square‑foot residence with two bedrooms and two full bathrooms
  • Subject to Montgomery County Workforce Housing covenants and income restrictions
  • Built in 2015

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$14,200
Cap Rate
2.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,000 $284.0K
Cap Rate 7%
$202,857 $202.9K
Cap Rate 9%
$157,778 $157.8K
Market Conditions
NOI Build-Up for 860 SF
Gross rent
$27.8K $32.28/SF
− Vacancy
−$1.9K −$2.26/SF
EGI
$25.8K $30.02/SF
− OpEx
−$11.6K −$13.51/SF
NOI
$14.2K $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%
$284,000
Cap Rate 7%
$202,857
Cap Rate 9%
$157,778

Alternative Uses

Best Use
Apartment 5plus
$202.9K
$177.5K – $236.7K (±1% cap)
NOI $14,200 @ 7.0% cap · market cap 2.83%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$302.5K
$264.7K – $353.0K (±1% cap)
NOI $21,177 @ 7.0% cap · market cap 4.21%
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

6,689
Businesses Nearby

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 home includes in-unit laundry and access to a fitness center, yoga studio, and resident clubroom.
Where is this residential income property located?
The property is located at 7171 WOODMONT AVENUE Unit 306 Bethesda, MD.
What is the asking price?
The asking price for this property is $502,561.
What are key features of this property?
This property features: 860‑square‑foot residence with two bedrooms and two full bathrooms; Subject to Montgomery County Workforce Housing covenants and income restrictions; Built in 2015
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