The Forum

The Forum condos • Rockville

3 Properties Found. Page 1 of 1

Ideally Located & Value! Beautifully Maintained...

Photo of Listing #MDMC677850

$289,900 Active

  • 2 Beds
  • 2 Baths
  • 1,154 ft²

Residential

11801 Rockville Pike #803, Rockville, MD

MLS® #MDMC677850

Ideally Located & Value! Beautifully Maintained, Updated, 1154 Sf Of Spacious And Sunny Deluxe 2 Bedroom, 2 Bas. The New Granite, Stainless Steel Kitchen Has Been Upgraded Including The Bathrooms. Unit Boasts New Windows, New Wood Flooring, Freshly Painted,...

Superlative Condo With 2 Brs & 2 Bas On The 15t...

Photo of Listing #MDMC676902

$339,900 Active

  • 2 Beds
  • 2 Baths
  • 1,155 ft²

Residential

11801 Rockville Pike #1505, Rockville, MD

MLS® #MDMC676902

Superlative Condo With 2 Brs & 2 Bas On The 15th Floor Looking South Towards Bethesda. Completely Gutted And Reconfigured With All The Bells And Whistles. Unit Boasts A Contemporary Styling With 1,155 Sf And A Parking Space In The Garage. All Utilities A...

$1,000 Buyer Agent Bonus Is Available On This P...

REDUCED 7% Photo of Listing #MDMC666096

$139,900 Pending

  • 1 Beds
  • 1 Baths
  • 581 ft²

Residential

11801 Rockville Pike #409, Rockville, MD

MLS® #MDMC666096

$1,000 Buyer Agent Bonus Is Available On This Property. Buyer Agent Must Request The Bonus At Initial Offer. This Is A Fannie Mae Homepath Property. One Bedroom With Views Of Pool And Loads Of Closet Space Thruout. Fully Separate Bedroom On Quiet Floor I...

 

- see more Forum condominium info
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.  It's an all inclusive building with high condo fees that include all utilities.

Something to consider with The Forum Condos is the extremely high Rental rate to Owner occupied. 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 significant down payment of 20% or more.  I've seen buildings that get to this point, not allow the condo owners to rent out their units in the first 2 years of ownership.  Some buildings also 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.

Some units allow for 3-month rental agreements. And they also allow 3-month rentals.  The Forum offers everything from 1 bedroom units to 3 bedroom units -- with the 3 bedroom units rarely available. 

Resources, helpful links

- the Forum community web site
- 301-881-8247  

Georgetown Village condos - reviews & info Pike and Rose condos - reviews & info the Wisconsin condos - reviews & info
Luxmanor homes - reviews & info the Fallswood condos - reviews & info White Flint Station condos - reviews & info
Midtown Bethesda North condos - reviews & info the Gallery condos - reviews & info  
Old Georgetown Village condos -reviews & info the Sterling condos - reviews & info  

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Listing information last updated on September 21st, 2019 at 6:15pm EDT.