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4 Monroe St #909
D- Composite 39.32
Why this score? — see what drove the D- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

  • ARV discount +12.6/15.0
  • 1% rule +9.7/10.0
  • Schools +5.0/10.0
  • Livability +4.2/5.0
  • Condition / age +3.8/5.0
  • Rent growth +2.4/5.0
  • Cash flow +1.7/30.0
  • DSCR +0.0/10.0
  • Appreciation +0.0/10.0

$145,000

4 Monroe St #909 · Rockville, MD 20850
1 bd · 1.0 ba · 870 sqft · Condo · 181 Days on market
Built 1971 Good condition $167/sqft · 11% below area Est $163k · 11% under $1242/mo HOA · 58% of rent ↓ 3% since listing

🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Welcome to Unit 909 at 4 Monroe Street, a bright and stylish condo located right in Rockville Town Square, where everything you need is truly at your doorstep. The condo fee covers virtually all utilities including electricity, gas, heating, water, security, gym facility, and so much more! This home offers the ease of low-maintenance living paired with the energy of a vibrant downtown setting—perfect for anyone who loves convenience, walkability, and connection. Rockville has a rich history dating back to the 1700s and became an important hub once the railroad arrived in the 1800s. Today, it’s known as a thriving city that blends history with modern living, offering great public spaces, dining, and easy commuting options—all centered around Rockville Town Square. Step outside the building and you’re immediately surrounded by everyday essentials and local favorites. Dawson’s Market, a popular local grocery store, and Trader Joe's are right downstairs, along with coffee shops, salons, and fitness studios. Enjoy dining options like La Canela, Fontina Grille, Pho Nom Nom, and Starbucks, all just steps away. Shopping is effortless with boutiques and services throughout Town Square, and larger retailers like Safeway and Target are only a short drive away. For outdoor enjoyment, Rockville Town Square Park and Mattie J. T. Stepanek Park are within walking distance, offering green space, events, and places to relax. Within a 15-minute drive, you’ll find Rock Creek Regional Park, Cabin John Regional Park, and Lake Needwood, perfect for trails, picnics, and outdoor activities. Commuters will love the unbeatable access to transportation. The Rockville Metro Station (Red Line) and MARC Train (Brunswick Line) are just a short walk, providing direct routes to Washington, DC and beyond. Major commuter routes including I-270 and Route 355 are minutes away, making travel throughout the region simple and efficient. Reagan International (DCA) and Dulles International (IAD) airport are only about 30 minutes away as well making travel for work or pleasure a breeze. With its prime location, walkable lifestyle, and connection to everything Rockville has to offer, this unit delivers the best of downtown living in one of Montgomery County’s most dynamic communities.

Key facts

  • $1,242 HOA
  • Garage
  • Community pool

Neighborhood map

Property Rental comp Retail Costco Walmart Transit Schools Stadiums Fortune 500 · Circle radius: 6.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 1-bed/1.0-bath condo listed at $145k. Condition is rated good.

Deal economics

  • At list price, monthly cash flow is $-557 ($-7k/yr) — negative.
  • To cash-flow at today's rent, offer at most $64k (55.6% below list).
  • Meets the 1% rule at list price ($2k rent vs $145k).
  • Recommended offer: $64k (55.6% below list) — sets the bar for cash-flow.
  • Cap rate 1.7% vs local median 2.4% in Rockville — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.

Location & tenants

  • Location reads 83/100 on livability (#28 in MD, #998 nationally) — a professional / high-income tenant draw. Strengths: commute A+, employment A+, health & safety A+; Watch: cost of living F.
  • Montgomery County Public Schools (suburban): math 27% / reading 45% proficiency, ranked #3 of 24 in MD (top 12%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Zoned schools: Beall Elementary (math 39% / reading 41%, grade F, #100 of 860 statewide, top 12%, 497 students, 30% FRL); Julius West Middle (math 23% / reading 53%, grade F, #31 of 225 statewide, top 15%, 1,325 students, 40% FRL); Richard Montgomery High (math 68% / reading 77%, grade B+, #33 of 222 statewide, top 14%, 2,390 students, 33% FRL).
  • Zoned-school proficiency averages 50% at this address vs 36% district-wide (+14 pts) — the actual schools serving this property are materially stronger than the Montgomery County Public Schools average implies; a family-tenant draw the district grade alone would hide.
  • Market conditions: Rents soft (-0.3%/yr); 286 active listings in the ZIP; 24 comparable units currently listed for rent nearby; rentals lingering (median 66d on market — plan ~5-8 weeks vacancy on turnover, expect pricing pressure); 67% of comp listings sitting > 30 days — soft ceiling on asking rent; high-income renter base; 3,880 units permitted in Montgomery County in 2024 (2,054 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $1k of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
  • Montgomery County population projected at +27% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.

Negotiation context

  • It's been on market 181 days — a 12% lower offer ($128k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts; this cycle's ask has dropped $12k (8%) from the opening price — seller is motivated, your offer sets the floor, not the list.

Risks & watch-outs

  • Watch-outs: HOA is 58% of rent.
Recommended offer $64,386 (55.6% below list)

Questions for the listing agent

  1. What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
  2. It's been on market 181 days. Have you received any prior offers? Is the seller open to a 56% concession, seller financing, or rate buy-down credit?
  3. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
  4. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  5. Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
  6. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  7. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  8. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
  9. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  10. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
  11. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
  12. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

1% rule
1.47%
Cap rate
1.68%
Cash-on-cash
-16.47%
DSCR
0.27
GRM
5.7

CMA / ARV

ARV (median comp)
$163,481
List price
$145,000
Delta
-11.30%
Verdict
UNDERPRICED
Comps
20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
Address Dist Beds/Ba Sqft Sold Price $/sf Match
4 Monroe St #304 0.00mi 1/1.0 870 (0%) 0mo $142,000 $163 100
118 Monroe St #506 0.12mi 1/1.0 876 (+1%) 3mo $155,000 $177 91
501 Hungerford Dr #337 0.59mi 1/1.0 877 (+1%) 0mo $245,000 $279 70
22 Courthouse Sq #407 0.28mi 2/2.0 (+1) 917 (+5%) 2mo $365,000 $398 67
38 Maryland Ave #405 0.26mi 1/1.0 765 (-12%) 3mo $314,000 $410 66
24 Courthouse Sq #603 0.27mi 1/1.0 739 (-15%) 2mo $280,000 $379 61
102 N Horners Ln 0.33mi 2/1.0 (+1) 748 (-14%) 3mo $399,200 $534 54
1302 Coral Sea Dr 1.15mi 2/1.0 (+1) 806 (-7%) 1mo $460,000 $571 47
528 Beall Ave 1.02mi 2/2.0 (+1) 936 (+8%) 2mo $580,000 $620 42
876 College Pkwy #201 1.29mi 2/1.0 (+1) 999 (+15%) 1mo $257,000 $257 34
860 College Pkwy #202 1.41mi 2/1.5 (+1) 997 (+15%) 2mo $270,000 $271 32
878 College Pkwy #101 1.34mi 2/1.5 (+1) 996 (+14%) 3mo $276,000 $277 32

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.0% rent growth · sell at horizon

5-year hold
IRR
-59.4%
Equity multiple
-0.59×
Total profit
$-64,441
Equity at exit
$21,620
10-year hold
IRR
Equity multiple
-2.02×
Total profit
$-122,756
Equity at exit
$12,537

Cash invested: $40,600 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

Overall (STATE)
27 Tenant-Leaning
State Maryland
27 Tenant-Leaning · D+14
County
— inherits STATE
City
— inherits STATE
Failure-to-pay is dismissed if cured before judgment; Baltimore has just-cause; strict deposit rules.

Active competition Active MLS

For sale now
0 active · 3 under contract

Closed sales set the value; these active listings set current market conditions and a practical price ceiling.

ZIP-level market 20850

Rents YoY
-0.3%
Active inventory
286
Price-to-rent
5.7×

Monthly cashflow live

Estimated rent
$2,135 high interval (Pro) →
Mortgage (P&I)
$760
Tax est. 1.5%
$181 /mo · $2,175/yr
Insurance
$60
HOA
$1,242
Vacancy / Maint / Mgmt
$448
Net cashflow
$-557

Break-even live

Break-even rent $2,841
Max offer price $64,386
Occupancy floor

Sensitivity live

Price -10% $-457 -5% $-507 +0% $-557 +5% $-607 +10% $-657
Rent -10% $-726 -5% $-641 +0% $-557 +5% $-473 +10% $-388
Rate -1.0pp $-484 -0.5pp $-520 base $-557 +0.5pp $-595 +1.0pp $-633

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

Down payment
$36,250
Closing costs
$4,350
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Cash invested
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

Rent comps 24 comps

AddressBedsBaths SqftRent$/sqft DOM Units Dist
10 Monroe St Unit 302 Rockville, MD 1.0 1.0 821 $2,100 $2.56 4d 1 0.01mi
6 Monroe St Unit 6-301 Rockville, MD 2.0 2.0 1053 $2,550 $2.42 64d 1 0.02mi
20 Monroe St Unit 20-102 Rockville, MD 1.0 1.0 702 $1,850 $2.64 93d 1 0.04mi
118 Monroe St Unit 1008 Rockville, MD 1.0 1.0 877 $2,250 $2.57 93d 1 0.09mi
118 Monroe St Rockville, MD 1.0 1.0 870 $2,249 $2.59 27d 1 0.09mi
4 Monroe St Unit 4-308 Rockville, MD 1.0 1.0 870 $1,900 $2.18 66d 1 0.10mi
112 Monroe St Unit 20 Rockville, MD 1.0 1.0 821 $1,500 $1.83 10d 1 0.10mi
102 Monroe St Rockville, MD 2.0 2.0 1053 $2,500 $2.37 93d 1 0.12mi
102 Monroe St #201 Rockville, MD 2.0 2.0 1053 $2,500 $2.37 42d 1 0.12mi
33 Monroe St Rockville, MD 2.0 1.0–2.0 865 $2,686 $3.10 0d 22 0.16mi
44 Maryland Ave Rockville, MD 2.0 1.0–2.0 873 $3,031 $3.47 0d 20 0.22mi
24 Courthouse Sq Rockville, MD 1.0 1.0 657 $1,959 $2.98 73d 1 0.26mi
38 Maryland Ave Rockville, MD 1.0 1.0 780 $2,175 $2.79 93d 1 0.26mi
24 Courthouse Sq Unit 6th Rockville, MD 1.0 1.0 657 $1,959 $2.98 93d 1 0.27mi
24 Courthouse Sq Rockville, MD 1.0 1.0 656 $1,954 $2.98 93d 2 0.29mi
20 Maryland Ave Rockville, MD 2.0 1.0–2.0 1118 $2,685 $2.40 0d 31 0.33mi
100 1st St Rockville, MD 1.0–2.0 1.0–2.0 1172 $2,212 $1.89 1d 9 0.51mi
501 Hungerford Dr Rockville, MD 1.0 1.0 1009 $1,722 $1.71 93d 2 0.61mi
501 Hungerford Dr Rockville, MD 1.0 1.0 865 $2,098 $2.42 73d 2 0.61mi
501 Hungerford Dr #110 Rockville, MD 1.0 1.0 877 $2,100 $2.39 62d 1 0.62mi
155 Talbott St #155 Rockville, MD 2.0 1.0 898 $1,200 $1.34 93d 1 1.09mi
868 College Pkwy Rockville, MD 2.0 1.0 991 $1,795 $1.81 10d 1 1.34mi
868 College Pkwy #102 Rockville, MD 1.0 1.0 795 $1,750 $2.20 36d 1 1.43mi
438 College Pkwy Rockville, MD 1.0 1.0 855 $1,752 $2.05 93d 1 1.43mi

HOA detail $1,242/mo · $14,904/yr condo

Likely covers
watergaselectricgymsecurity
Assessments
None detected in remarks — confirm with the listing agent.

Listing history 50 events

  1. 2026-08-03
    days on market $145,000 Active 181 DOM
  2. 2026-07-31
    days on market $145,000 Active 178 DOM
  3. 2026-07-30
    days on market $145,000 Active 176 DOM
  4. 2026-07-28
    days on market $145,000 Active 175 DOM
  5. 2026-07-26
    days on market $145,000 Active 173 DOM
  6. 2026-07-24
    days on market $145,000 Active 171 DOM
  7. 2026-07-23
    days on market $145,000 Active 170 DOM
  8. 2026-07-22
    days on market $145,000 Active 169 DOM
  9. 2026-07-21
    days on market $145,000 Active 168 DOM
  10. 2026-07-20
    days on market $145,000 Active 167 DOM
  11. 2026-07-18
    days on market $145,000 Active 165 DOM
  12. 2026-07-18
    days on market $145,000 Active 164 DOM
  13. 2026-07-16
    days on market $145,000 Active 163 DOM
  14. 2026-07-15
    days on market $145,000 Active 162 DOM
  15. 2026-07-14
    days on market $145,000 Active 161 DOM
  16. 2026-07-13
    days on market $145,000 Active 160 DOM
  17. 2026-07-13
    days on market $145,000 Active 159 DOM
  18. 2026-07-11
    days on market $145,000 Active 158 DOM
  19. 2026-07-10
    days on market $145,000 Active 157 DOM
  20. 2026-07-09
    days on market $145,000 Active 156 DOM
  21. 2026-07-07
    days on market $145,000 Active 154 DOM
  22. 2026-07-06
    days on market $145,000 Active 153 DOM
  23. 2026-07-06
    days on market $145,000 Active 152 DOM
  24. 2026-07-05
    days on market $145,000 Active 151 DOM
  25. 2026-07-03
    days on market $145,000 Active 150 DOM
  26. 2026-07-02
    days on market $145,000 Active 149 DOM
  27. 2026-07-01
    days on market $145,000 Active 148 DOM
  28. 2026-06-30
    days on market $145,000 Active 147 DOM
  29. 2026-06-29
    days on market $145,000 Active 146 DOM
  30. 2026-06-28
    days on market $145,000 Active 145 DOM
  31. 2026-06-27
    days on market $145,000 Active 144 DOM
  32. 2026-06-26
    days on market $145,000 Active 143 DOM
  33. 2026-06-24
    days on market $145,000 Active 141 DOM
  34. 2026-06-22
    days on market $145,000 Active 139 DOM
  35. 2026-06-21
    days on market $145,000 Active 138 DOM
  36. 2026-06-18
    days on market $145,000 Active 135 DOM
  37. 2026-06-17
    days on market $145,000 Active 134 DOM
  38. 2026-06-16
    days on market $145,000 Active 133 DOM
  39. 2026-06-15
    days on market $145,000 Active 132 DOM
  40. 2026-06-13
    days on market $145,000 Active 130 DOM
  41. 2026-06-09
    days on market $145,000 Active 126 DOM
  42. 2026-06-08
    days on market $145,000 Active 125 DOM
  43. 2026-06-07
    days on market $145,000 Active 124 DOM
  44. 2026-06-03
    pricedays on market $145,000 Active 120 DOM
  45. 2026-06-02
    days on market $153,000 Active 119 DOM
  46. 2026-06-01
    days on market $153,000 Active 118 DOM
  47. 2026-05-31
    days on market $153,000 Active 117 DOM
  48. 2026-04-08
    price $153,000 2322-char remark
    Show marketing remark (2322 chars)

    Welcome to Unit 909 at 4 Monroe Street, a bright and stylish condo located right in Rockville Town Square, where everything you need is truly at your doorstep. The condo fee covers virtually all utilities including electricity, gas, heating, water, security, gym facility, and so much more! This home offers the ease of low-maintenance living paired with the energy of a vibrant downtown setting—perfect for anyone who loves convenience, walkability, and connection. Rockville has a rich history dating back to the 1700s and became an important hub once the railroad arrived in the 1800s. Today, it’s known as a thriving city that blends history with modern living, offering great public spaces, dining, and easy commuting options—all centered around Rockville Town Square. Step outside the building and you’re immediately surrounded by everyday essentials and local favorites. Dawson’s Market, a popular local grocery store, and Trader Joe's are right downstairs, along with coffee shops, salons, and fitness studios. Enjoy dining options like La Canela, Fontina Grille, Pho Nom Nom, and Starbucks, all just steps away. Shopping is effortless with boutiques and services throughout Town Square, and larger retailers like Safeway and Target are only a short drive away. For outdoor enjoyment, Rockville Town Square Park and Mattie J. T. Stepanek Park are within walking distance, offering green space, events, and places to relax. Within a 15-minute drive, you’ll find Rock Creek Regional Park, Cabin John Regional Park, and Lake Needwood, perfect for trails, picnics, and outdoor activities. Commuters will love the unbeatable access to transportation. The Rockville Metro Station (Red Line) and MARC Train (Brunswick Line) are just a short walk, providing direct routes to Washington, DC and beyond. Major commuter routes including I-270 and Route 355 are minutes away, making travel throughout the region simple and efficient. Reagan International (DCA) and Dulles International (IAD) airport are only about 30 minutes away as well making travel for work or pleasure a breeze. With its prime location, walkable lifestyle, and connection to everything Rockville has to offer, this unit delivers the best of downtown living in one of Montgomery County’s most dynamic communities.

  49. 2026-03-12
    status Active 2322-char remark
    Show marketing remark (2322 chars)

    Welcome to Unit 909 at 4 Monroe Street, a bright and stylish condo located right in Rockville Town Square, where everything you need is truly at your doorstep. The condo fee covers virtually all utilities including electricity, gas, heating, water, security, gym facility, and so much more! This home offers the ease of low-maintenance living paired with the energy of a vibrant downtown setting—perfect for anyone who loves convenience, walkability, and connection. Rockville has a rich history dating back to the 1700s and became an important hub once the railroad arrived in the 1800s. Today, it’s known as a thriving city that blends history with modern living, offering great public spaces, dining, and easy commuting options—all centered around Rockville Town Square. Step outside the building and you’re immediately surrounded by everyday essentials and local favorites. Dawson’s Market, a popular local grocery store, and Trader Joe's are right downstairs, along with coffee shops, salons, and fitness studios. Enjoy dining options like La Canela, Fontina Grille, Pho Nom Nom, and Starbucks, all just steps away. Shopping is effortless with boutiques and services throughout Town Square, and larger retailers like Safeway and Target are only a short drive away. For outdoor enjoyment, Rockville Town Square Park and Mattie J. T. Stepanek Park are within walking distance, offering green space, events, and places to relax. Within a 15-minute drive, you’ll find Rock Creek Regional Park, Cabin John Regional Park, and Lake Needwood, perfect for trails, picnics, and outdoor activities. Commuters will love the unbeatable access to transportation. The Rockville Metro Station (Red Line) and MARC Train (Brunswick Line) are just a short walk, providing direct routes to Washington, DC and beyond. Major commuter routes including I-270 and Route 355 are minutes away, making travel throughout the region simple and efficient. Reagan International (DCA) and Dulles International (IAD) airport are only about 30 minutes away as well making travel for work or pleasure a breeze. With its prime location, walkable lifestyle, and connection to everything Rockville has to offer, this unit delivers the best of downtown living in one of Montgomery County’s most dynamic communities.

  50. 2026-02-10
    historical 2322-char remark
    Show marketing remark (2322 chars)

    Welcome to Unit 909 at 4 Monroe Street, a bright and stylish condo located right in Rockville Town Square, where everything you need is truly at your doorstep. The condo fee covers virtually all utilities including electricity, gas, heating, water, security, gym facility, and so much more! This home offers the ease of low-maintenance living paired with the energy of a vibrant downtown setting—perfect for anyone who loves convenience, walkability, and connection. Rockville has a rich history dating back to the 1700s and became an important hub once the railroad arrived in the 1800s. Today, it’s known as a thriving city that blends history with modern living, offering great public spaces, dining, and easy commuting options—all centered around Rockville Town Square. Step outside the building and you’re immediately surrounded by everyday essentials and local favorites. Dawson’s Market, a popular local grocery store, and Trader Joe's are right downstairs, along with coffee shops, salons, and fitness studios. Enjoy dining options like La Canela, Fontina Grille, Pho Nom Nom, and Starbucks, all just steps away. Shopping is effortless with boutiques and services throughout Town Square, and larger retailers like Safeway and Target are only a short drive away. For outdoor enjoyment, Rockville Town Square Park and Mattie J. T. Stepanek Park are within walking distance, offering green space, events, and places to relax. Within a 15-minute drive, you’ll find Rock Creek Regional Park, Cabin John Regional Park, and Lake Needwood, perfect for trails, picnics, and outdoor activities. Commuters will love the unbeatable access to transportation. The Rockville Metro Station (Red Line) and MARC Train (Brunswick Line) are just a short walk, providing direct routes to Washington, DC and beyond. Major commuter routes including I-270 and Route 355 are minutes away, making travel throughout the region simple and efficient. Reagan International (DCA) and Dulles International (IAD) airport are only about 30 minutes away as well making travel for work or pleasure a breeze. With its prime location, walkable lifestyle, and connection to everything Rockville has to offer, this unit delivers the best of downtown living in one of Montgomery County’s most dynamic communities.

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$25,625
− Mortgage interest
−$8,122
− Property taxes
−$2,175
− Insurance
−$725
− Repairs & maintenance
−$2,050
− Management
−$2,050
− HOA
−$14,904
− Depreciation
−$4,218
Taxable loss
−$8,620
combined federal + state — saved on this device
Est. tax savings @ 24.0%
+$2,069
After-tax cash flow
$-4,617/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Condition & rehab AI · 12 photos

Good 75/100 Cosmetic rehab Est. rehab $4,350–$13,050 screening

This well-maintained condo in Rockville Town Square offers a bright and stylish living space with low-maintenance living and easy access to amenities. A fresh coat of paint and updated countertops would significantly enhance its resale value.

Repairs flagged

  • Minor Kitchen cabinets — Aesthetic update needed
  • Minor Bathroom paint — Fresh paint would improve appearance

Value-add opportunities

  • Resale Paint kitchen cabinets — Fresh paint would improve appearance and value
  • Resale Paint bathroom walls — Fresh paint would improve appearance and value
  • Resale Replace kitchen countertops — Fresh countertops would improve functionality and value
  • Resale Replace bathroom fixtures — Fresh fixtures would improve functionality and value

ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.

D Composite school gradezoned avg 50/100

Zoned Schools

Elementary Beall Elementary F MD #100/860 Nat'l #19,354/41,679 Middle Julius West Middle F MD #31/225 Nat'l #6,571/14,009 High Richard Montgomery High B+ MD #33/222 Nat'l #1,843/17,239

Schools (NCES district)

District
Montgomery County Public Schools
NCES district ID
2400480
Math proficiency
27% ▼ -21.00%
Reading proficiency
45% ▼ -10.00%
Median HH income
$97,191
Composite
35.62/100
National rank
#4889
State rank
#3 of 24 in MD
A Composite livability gradescore 83/100

Livability — Rockville

Score
83/100
State rank
#28
US rank
#998

Category grades

Amenities A Commute A+ Cost of living F Crime A- Employment A+ Housing A- Health & safety A+ User ratings B

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Rockville, MD
County
Montgomery County · 1,173,231 people
City population
113,479
Metro
Washington-Arlington-Alexandria, DC-VA-MD-WV
Population (ZIP)
50,353
Household income
$125,950
Rent vs Own
49.7% rent · 50.3% own
Severe rent burden
14% of renters

Population outlook (Montgomery County) Hauer SSP2

Today (2025)
1,173,231 people
By 2030
1,237,402 · +5.5%
By 2040
1,365,115 · +16.4%
By 2050
1,491,592 · +27.1%
By 2075
1,803,893 · +53.8%
By 2100
2,035,619 · +73.5%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Highly diverse neighborhood (Simpson 0.72)
Race & ethnicity
White 43% Asian 25% Hispanic / Latino 13% Black 12% Two or more races 10%
Hispanic origin (detail)
Mexican 1% Dominican 1%
Common ancestry
Romanian 3% Scotch-Irish 3% Italian 3%
Foreign-born
35% · China, Canada, South Korea
Languages at home
59% English-only · Chinese 12% Spanish 8% Other Indo-European 6%

Political lean MEDSL · Montgomery

2024 margin
Solid D (+53.3) · D 75.2% · R 21.9% · Other 2.9%
2008→2024 swing
+8.7pp toward D · 2008: 44.6pp · 2024: 53.3pp
All cycles
2024: D+53.3 2020: D+59.6 2016: D+55.5 2012: D+43.4 2008: D+44.6

Not yet ingested

Civics

Price history

-2.5% since first listed
5 events — show timeline
  • 2026-04-08 Price Changed $153,000 BRIGHT MLS
  • 2026-03-12 Relisted BRIGHT MLS
  • 2026-02-10 Listing Removed BRIGHT MLS
  • 2026-01-05 Listed $157,000 BRIGHT MLS
  • 2026-01-01 Coming Soon $157,000 BRIGHT MLS

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…