Updated Two-Bedroom
For Sale
$185,000
9836 HELLINGLY PLACE Unit 106, Montgomery Village, MD 20886
Open living space includes a fireplace, private balcony, and in-unit laundry.
Property Size847 SF
Days on Market202
Property Features for 9836 HELLINGLY PLACE Unit 106
General Information
Standard status
Active
Size
847 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,001
Amenities
pool
tennis courts
parking
in-unit washer/dryer
fireplace
private balcony
Building Details
Building Size
847 SF
Year Built
1983
Listing Agency:
YAMO Premier Properties LLC
Listed By:
Erica Brooke Green · License #5023160
(571) 217-1711
Source:
Thehulsmangroup
Added: Mar 19
Changed: Oct 6
Last Checked: Oct 5 at 8:46PM
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 YAMO Premier Properties LLC
Investment Insights
Based on property information with market context.
This two-bedroom, one-bath condominium was built in 1983 and features an open interior arrangement with a living area centered around a fireplace. The kitchen has been updated and connects directly with the main living space. A private balcony adds outdoor space, while in-unit laundry, bedroom storage, and ample closet capacity support daily use.
Residents have access to a community pool and tennis courts, along with plentiful parking. The property is near shopping, dining, and major commuter routes in Montgomery Village, providing convenient access to everyday services and regional travel.
Residents have access to a community pool and tennis courts, along with plentiful parking. The property is near shopping, dining, and major commuter routes in Montgomery Village, providing convenient access to everyday services and regional travel.
Key Highlights
- Two‑bedroom, one‑bath condominium built in 1983
- Updated kitchen connected to the main living area
- Private balcony and fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,985
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,700
$279.7K
Cap Rate 7%
$199,786
$199.8K
Cap Rate 9%
$155,389
$155.4K
Market Conditions
NOI Build-Up for 847 SF
Gross rent
$27.3K $32.28/SF
− Vacancy
−$1.9K −$2.26/SF
EGI
$25.4K $30.02/SF
− OpEx
−$11.4K −$13.51/SF
NOI
$14.0K $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%
$279,700
Cap Rate 7%
$199,786
Cap Rate 9%
$155,389
Alternative Uses
Best Use
Apartment 5plus
$199.8K
$174.8K – $233.1K
NOI $13,985 @ 7.0% cap · market cap 7.56%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$298.0K
$260.7K – $347.6K
NOI $20,857 @ 7.0% cap · market cap 11.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,433
Businesses Nearby
Explore this area
Business Placement
Demographics for 20886, MD
35,649
Population
13,024
Households
2.7
Avg Household Size
36
Median Age
43%
College-Educated
88%
High-School Grad
4.1 sq mi
ZIP Area
8,695
Density / Sq Mi
$98,767
Median Household Income
$48,530
Median Earnings
$1,863
Median Rent
$366,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Open living space includes a fireplace, private balcony, and in-unit laundry.
Where is this residential income property located?
The property is located at 9836 HELLINGLY PLACE Unit 106 Montgomery Village, MD.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath condominium built in 1983; Updated kitchen connected to the main living area; Private balcony and fireplace
