One-Bedroom Residential Income
For Sale
$301,950
7710 WOODMONT AVENUE Unit 217, Bethesda, MD 20814
The 675-square-foot home has an open kitchen, in-unit laundry, and access to a fitness center and rooftop lounge.
Property Size675 SF
Price / SF$447.33
Days on Market35
Property Features for 7710 WOODMONT AVENUE Unit 217
General Information
Standard status
Active
Size
675 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,366
Amenities
fitness center
rooftop lounge
in-unit washer/dryer
Building Details
Building Size
675 SF
Year Built
2008
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 24
Changed: Oct 27
Last Checked: Oct 26 at 2:41PM
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 675-square-foot, one-bedroom, one-bath residence was built in 2008. Its open kitchen includes a bar-height seating area facing the family room, and laminate flooring runs throughout. The unit also has an oversized primary bathroom and a stackable washer and dryer. Building amenities include a fitness center and rooftop lounge.
At 7710 Woodmont Avenue in Bethesda, the property is steps from the Bethesda Metro and Marriott headquarters. Parking is not included; spaces may be available to rent from other building owners or in the neighboring garage. Water, sewer, and gas are included in the condominium fee.
The unit is subject to MPDU guidelines: purchasers must be first-time homebuyers who will occupy the residence. There are no income restrictions, and the building is not FHA approved.
At 7710 Woodmont Avenue in Bethesda, the property is steps from the Bethesda Metro and Marriott headquarters. Parking is not included; spaces may be available to rent from other building owners or in the neighboring garage. Water, sewer, and gas are included in the condominium fee.
The unit is subject to MPDU guidelines: purchasers must be first-time homebuyers who will occupy the residence. There are no income restrictions, and the building is not FHA approved.
Key Highlights
- 675‑square‑foot, one‑bedroom, one‑bath residence built in 2008
- Open kitchen with bar seating overlooking the family room; laminate flooring throughout
- In‑unit stackable washer and dryer and oversized primary bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,145
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,900
$222.9K
Cap Rate 7%
$159,214
$159.2K
Cap Rate 9%
$123,833
$123.8K
Market Conditions
NOI Build-Up for 675 SF
Gross rent
$21.8K $32.28/SF
− Vacancy
−$1.5K −$2.26/SF
EGI
$20.3K $30.02/SF
− OpEx
−$9.1K −$13.51/SF
NOI
$11.1K $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%
$222,900
Cap Rate 7%
$159,214
Cap Rate 9%
$123,833
Alternative Uses
Best Use
Apartment 5plus
$159.2K
$139.3K – $185.8K
NOI $11,145 @ 7.0% cap · market cap 3.69%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$237.4K
$207.8K – $277.0K
NOI $16,621 @ 7.0% cap · market cap 5.50%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
7,345
Businesses Nearby
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Business Placement
Demographics for 20814, MD
31,919
Population
15,388
Households
2.1
Avg Household Size
41
Median Age
84%
College-Educated
98%
High-School Grad
4.5 sq mi
ZIP Area
7,093
Density / Sq Mi
$150,401
Median Household Income
$90,050
Median Earnings
$2,329
Median Rent
$976,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 675-square-foot home has an open kitchen, in-unit laundry, and access to a fitness center and rooftop lounge.
Where is this residential income property located?
The property is located at 7710 WOODMONT AVENUE Unit 217 Bethesda, MD.
What is the asking price?
The asking price for this property is $301,950.
What are key features of this property?
This property features: 675‑square‑foot, one‑bedroom, one‑bath residence built in 2008; Open kitchen with bar seating overlooking the family room; laminate flooring throughout; In‑unit stackable washer and dryer and oversized primary bathroom
