Manor Woods, MD
Single Family · 3 bd · 2 ba · 1,535 sqft · 5202 Myer Court, Rockville, MD
The numbers
Price
$465,000
ARV
$765,000
Est. rehab
$140,000
Proj. spread · 26%
~$160,000
Projected gross spread = ARV − price − rehab. Excludes closing, holding, and selling costs.
Photos
Exterior of 5202 Myer Court, Rockville MD
12 photos · tap a photo to view it full screen.
The opportunity
Fix & flip in Rockville's desirable Manor Woods (20853) — a 1966 rancher on a quiet cul-de-sac, minutes to the Red Line Metro, schools, shopping, and Rock Creek Park trails. 2,679 total sqft: 1,535 above grade (3 bd / 2 ba) plus a 1,144 sqft finished walkout basement and an enclosed sunroom.
Numbers from the seller: purchase $465K, estimated rehab $140K, ARV $765K — roughly a $160K gross spread before closing, holding, and selling costs. The ARV is well-supported: comparable Manor Woods homes have closed between $708K and $800K.
Important: this needs structural work. A structural engineer's report is available with repairs identified, and the $140K rehab is intended to include them — underwrite carefully, and budget for a roof and HVAC that work now but are aged. Sold sight unseen; best-and-final offers due Jun 26, closing Jun 30 (extension possible).
Property
Property type
Single Family
Beds / Baths
3 bd · 2 ba
Living area
1,535 sqft
Lot size
11,151 sqft
Year built
1966
Condition
Full rehab including identified structural repairs (engineer report available); roof/HVAC working but plan to replace
Highlights
- Manor Woods rancher on a quiet cul-de-sac — minutes to Red Line Metro, schools, shopping & Rock Creek Park trails
- 2,679 total sqft: 1,535 above grade + 1,144 sqft walkout basement, plus enclosed sunroom
- Walkout basement to level ground with 2nd full bath; kitchen renovated ~12 years ago
- Structural engineer report available — repairs identified; factor into reno budget
- Comps support $708K–$800K; seller ARV $765K
- Low-maintenance lot — yard slopes to trees for privacy
Comps supporting the ARV
Recent nearby closed sales.
14514 Barkwood Dr, Rockville, MD 20853
1,516 sqft · 3 bd / 3 ba — closest comp by size
$752,000
14404 Butternut Ct, Rockville, MD 20853
1,596 sqft · 4 bd / 3 ba
$760,000
5311 Crestedge Ln, Rockville, MD 20853
1,682 sqft · 5 bd / 3 ba
$785,000
14412 Barkwood Dr, Rockville, MD 20853
1,605 sqft · 4 bd / 3 ba — upper end of range
$800,000
5100 Yosemite Dr, Rockville, MD 20853
1,886 sqft · 4 bd / 3 ba — lower end of range
$708,000