One-Bedroom Condo with
For Sale
$165,000
9800 GEORGIA AVENUE Unit 25-301, Silver Spring, MD 20902
Third-floor residence with an open layout, balcony, and access to shared recreation amenities.
Property Size775 SF
Price / SF$212.90
Days on Market356
Property Features for 9800 GEORGIA AVENUE Unit 25-301
General Information
Standard status
Active
Size
775 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,089
Amenities
balcony
community pool
tennis courts
basketball courts
walking paths
tot lots
grilling areas
gated community
dog park
laundry room
Building Details
Building Size
775 SF
Year Built
1969
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Nov 6, 2025
Changed: Oct 27
Last Checked: Oct 26 at 2:34PM
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 775-square-foot, third-floor condo was built in 1969 and has an open floor plan, a large bedroom, and a balcony overlooking natural surroundings. Residents have access to a community pool, tennis and basketball courts, walking paths, play areas, grilling areas, and a pet park. The community is gated, with a well-lit parking lot and a secure laundry room offering complimentary washers and dryers. Utilities are included in the condo fee.
The bus stop is 200 feet away, and Forest Glen Metro Station is a two-minute walk. The property is near major routes, the I-495 Beltway, Holy Cross Hospital, and shopping, with access to Washington, DC, downtown Silver Spring, and Wheaton.
The bus stop is 200 feet away, and Forest Glen Metro Station is a two-minute walk. The property is near major routes, the I-495 Beltway, Holy Cross Hospital, and shopping, with access to Washington, DC, downtown Silver Spring, and Wheaton.
Key Highlights
- 775‑square‑foot, third‑floor condo with an open floor plan and balcony
- Large bedroom; built in 1969
- Bus stop 200 feet away and a two‑minute walk to Forest Glen Metro Station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,796
Cap Rate
7.76%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,920
$255.9K
Cap Rate 7%
$182,800
$182.8K
Cap Rate 9%
$142,178
$142.2K
Market Conditions
NOI Build-Up for 775 SF
Gross rent
$25.0K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$23.3K $30.02/SF
− OpEx
−$10.5K −$13.51/SF
NOI
$12.8K $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%
$255,920
Cap Rate 7%
$182,800
Cap Rate 9%
$142,178
Alternative Uses
Best Use
Apartment 5plus
$182.8K
$160.0K – $213.3K
NOI $12,796 @ 7.0% cap · market cap 7.76%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$272.6K
$238.6K – $318.1K
NOI $19,084 @ 7.0% cap · market cap 11.57%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
Explore this area
Business Placement
Demographics for 20902, MD
52,533
Population
18,759
Households
2.8
Avg Household Size
36
Median Age
47%
College-Educated
83%
High-School Grad
7.6 sq mi
ZIP Area
6,912
Density / Sq Mi
$111,408
Median Household Income
$49,887
Median Earnings
$2,088
Median Rent
$531,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Third-floor residence with an open layout, balcony, and access to shared recreation amenities.
Where is this residential income property located?
The property is located at 9800 GEORGIA AVENUE Unit 25-301 Silver Spring, MD.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 775‑square‑foot, third‑floor condo with an open floor plan and balcony; Large bedroom; built in 1969; Bus stop 200 feet away and a two‑minute walk to Forest Glen Metro Station
