Financial
Distress signals
Property profile

1699 Yale Pl 350 Rockville, MD 20850

FOR LEASE
Other apartment buildings
Property ID
US40-0870021
405,742 SF 14.48 ac lot Built 1968
Last sale Jan 2023 · $90,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This two-bedroom, one-and-a-half-bath apartment is configured with an open living layout and a kitchen positioned for everyday use. The kitchen includes upgraded countertops and stainless steel appliances, including a refrigerator, stove, dishwasher, and disposal. The unit has an in-unit washer and dryer and does not rely on a shared laundry room. The primary bedroom and secondary bedroom are separated from the main living areas, and the apartment includes a walk-in closet for storage. Window

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2022

What does the county charge?
$813k
Tax billed · 2022
Assessed value · 2023$61.64M
Assessed land$5.48M
Assessed improvement$56.16M
Effective rate1.32%

Value estimate

· Sep 2026
$96.99M
$87.29M – $106.69M
CAP approach$103.07M
NOI build-up
Gross scheduled income$72k
Vacancy & credit loss−$5k
Operating expenses−$30k
NOI · 1,279.57% cap applied$37k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$3,508/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$434 – $5,834

Cap rate analysis

How does the asset earn?
1,279.57%
$37k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R30
JurisdictionMONTGOMERY

Location intelligence

Which uses thrive at this corner?
Best fit: Laundry Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundry Service9.6
Pawn Shop9.1
Barber Shop9.0

Location

1699 Yale Pl, Unit 350 Rockville, MD 20850
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
200 King Farm, Rockville, MD 20850 $135,500,000 Sep 2023 230,460 SF
355 Elmcroft, Rockville, MD 20850-5662 $123,000,000 Mar 2023 316,883 SF
255 Washington, Rockville, MD 20850-1703 $92,000,000 Oct 2021 243,000 SF
15251 Siesta Key, Rockville, MD 20850-5501 $110,000,000 Jul 2021 434,440 SF
70 Uppr Rock, Rockville, MD 20850-4239 $77,969,957 Jul 2021 658,721 SF
15250 Siesta Key, Rockville, MD 20850-5542 $97,850,000 Dec 2020 315,000 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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