11801 ROCKVILLE PIKE • NORTH BETHESDA, Maryland 20852
1Bedroom(s)
1Bathroom(s)
23Picture(s)
871Sqft
Spacious 1 bedroom, 1 full and 1 1/2 baths Unit. Lots of natural light and fabulous view . Contemporary styling with 871 sq ft of living space. Features includes: 24-hour desk and security, ample amenities like outdoor pool, tennis court, exercise facilities, party room and tot lot.
Stunning large condo with an unmatched view of Sugarloaf Mountain from the 14th floor. New Kitchen. New hardwood floors, new paint. New contemporary light fixtures. Lots of closet space including large walk- in closet in Master. New elevators, hallways being redone1/2 block to North Bethesda Redline Metro.
SUPERB LOCATION IN NORTH BETHESDA! DO NOT MISS THIS PROPERTY! Beautiful one bedroom condo at The Forum!! Move in ready condo that features a spacious living area, a large bedroom, and an updated kitchen! Unit is located directly next to the elevator for easy access to and from the unit! Also, you can enjoy the laundry room right next to your unit! Across the street from Pike and Rose shopping, Re
Welcome home to a fully renovated 1BR/1.5BA condo at The Forum in North Bethesda! This bright, sixth floor unit offers an open layout with sparkling kitchen, modern bathrooms, fresh paint, tasteful lighting, updated windows and HVAC, plus new electrical.
The Forum Condominium at 11801 Rockville Pike, Rockville, MD 20852 has a prime location in the newly rebranded North Bethesda. The location is phenomenal but the condo is severely dated compared to The Gallery at White Flint, The Sterling Condos, and 930 Rose Condos among others close by.
Something to consider with The Forum Condos is the extremely high rental rate compared with owner occupied units. It’s currently around 50% renters. This can be an issue for various reasons. Many Lenders won’t finance a condo in a building with this high a concentration of Renters. Thus a buyer would need to find a Portfolio Loan that would require a down payment of 20% or more. I’ve seen buildings that get to this point, and not allow the condo owners to rent out their units in the first 2 years of ownership. Some buildings won’t allow FHA financing because the rate of default is much higher with these buyers. A building’s health is in decline in this situation. Current owners may have a hard time selling, new buyers buying… and bottomline values are affected. Thus it becomes more and more a building of rental opportunities. It’s an all inclusive building with high condo fees, but they do include all utilities. Some units allow for 3-month rentals. The Forum can be a good investment opportunity. – the Forum community web site, 301-881-8247 READ MORE…
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BJ Matson, Realtor® 301-881-8900
Taylor Properties
Montgomery County, Maryland Real Estate Agent
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