The desired handle denotes a residential property situated inside Rockville, Maryland. It serves as a singular identifier for a selected dwelling, doubtlessly a home, located on a avenue named Regal Oak Drive. The inclusion of “Rockville MD” clarifies the property’s exact geographic location inside the state of Maryland. This whole handle facilitates correct identification for functions corresponding to mail supply, property data, and emergency providers.
Exact addresses are basic for environment friendly navigation, correct record-keeping, and efficient communication. Such location particulars are essential for property valuation, taxation, and concrete planning. Historic context surrounding a location can reveal details about its growth, demographic traits, and architectural kinds prevalent within the space over time. This info might be worthwhile for potential consumers, researchers, and native historians alike.
Subsequent sections will delve into elements corresponding to property particulars, neighborhood facilities, native colleges, and neighborhood sources out there close to this specific handle, offering a extra complete overview of the encircling setting.
1. Residential Property
The designation of “Residential Property” basically defines the character of 1164 Regal Oak Drive, Rockville MD. It signifies that the placement is primarily supposed for habitation, distinguishing it from industrial, industrial, or agricultural land use. This classification dictates particular zoning laws, property taxes, and utilization restrictions that apply to the handle.
-
Dwelling Construction
The core of a residential property is the dwelling itself – the bodily construction designed for residing. At 1164 Regal Oak Drive, this possible entails a home with bedrooms, loos, a kitchen, and residing areas. The scale, model, and situation of this dwelling instantly affect its market worth and suitability for various residents. For instance, a single-family indifferent house would cater to totally different wants than a smaller townhouse inside the identical neighborhood.
-
Land Parcel and Facilities
Residential properties additionally embody the encircling land parcel. This consists of the yard, landscaping, driveway, and any outbuildings like sheds or garages. These components contribute to the property’s aesthetic attraction and purposeful utility. In Rockville, MD, the scale of the land parcel can considerably have an effect on property worth, significantly if it provides alternatives for enlargement or leisure use. The presence of facilities like a patio or backyard may improve the livability of the property.
-
Authorized and Regulatory Framework
Residential properties are topic to a posh authorized and regulatory framework. This consists of zoning ordinances, constructing codes, householders affiliation (HOA) guidelines (if relevant), and property taxes. These laws govern elements corresponding to constructing peak, setbacks from property traces, permitted makes use of, and neighborhood requirements. Compliance with these laws is crucial for sustaining property worth and avoiding authorized points. For instance, restrictions on exterior modifications or pet possession may affect the desirability of 1164 Regal Oak Drive for sure potential residents.
-
Residential Rights and Tasks
Proudly owning or renting a residential property entails particular rights and tasks. Residents have the fitting to peaceable enjoyment of their property but in addition the duty to take care of it in a fashion that doesn’t negatively affect neighbors or violate neighborhood requirements. This consists of tasks corresponding to sustaining the garden, eradicating snow, and adhering to noise ordinances. Understanding these rights and tasks is essential for fostering a harmonious residing setting and stopping disputes inside the neighborhood.
In conclusion, the “Residential Property” classification, because it applies to 1164 Regal Oak Drive, Rockville MD, isn’t merely a label however a determinant of the property’s bodily traits, authorized standing, and total worth. Understanding these aspects is essential for anybody contemplating buying, renting, or evaluating property on this location.
2. Rockville Location
The designation “Rockville Location” locations 1164 Regal Oak Drive inside a particular geographical, political, and socio-economic context. This context profoundly influences the property’s worth, accessibility, and desirability. Understanding the nuances of Rockville as a location is essential for assessing the importance of this specific handle.
-
Proximity to Facilities and Companies
Rockville’s location dictates the supply of important facilities and providers to residents of 1164 Regal Oak Drive. This consists of entry to grocery shops, healthcare services, retail institutions, and leisure areas. The density and high quality of those sources instantly affect the comfort and high quality of life for residents. As an illustration, proximity to a high-quality hospital or a well-stocked grocery retailer can considerably improve the attraction of the placement.
-
Transportation Infrastructure
The transportation infrastructure surrounding 1164 Regal Oak Drive is instantly tied to its Rockville location. This encompasses roadways, public transportation choices (corresponding to bus routes and Metro entry), and accessibility to main highways. A well-developed transportation community ensures ease of commuting and entry to employment facilities, cultural points of interest, and different elements of the metropolitan space. The presence of handy public transit can cut back reliance on private automobiles and contribute to a extra sustainable life-style.
-
College District and Academic Alternatives
Rockville’s location determines the varsity district to which 1164 Regal Oak Drive is assigned. The standard and repute of native colleges are important elements for households with kids. Entry to extremely rated public colleges or respected non-public establishments can considerably enhance the desirability and worth of properties inside a particular space of Rockville. Moreover, proximity to increased schooling establishments can present extra instructional and cultural alternatives for residents of all ages.
-
Native Economic system and Employment Alternatives
The financial well being and employment alternatives inside Rockville instantly affect the attraction of 1164 Regal Oak Drive. A thriving native economic system with numerous job sectors gives residents with alternatives for profession development and monetary stability. Proximity to main employers, enterprise parks, and industrial facilities can cut back commute instances and contribute to a stronger sense of neighborhood. A steady native economic system additionally helps property values and ensures the long-term viability of the neighborhood.
In conclusion, the Rockville location isn’t merely a geographical designation, however a posh interaction of things that form the residing expertise at 1164 Regal Oak Drive. The accessibility of facilities, transportation infrastructure, instructional alternatives, and the well being of the native economic system are all intrinsically linked to Rockville’s traits, influencing the property’s desirability and worth inside the broader metropolitan space.
3. Montgomery County
The handle 1164 Regal Oak Drive, Rockville MD, exists as a tangible level inside the bigger jurisdiction of Montgomery County, Maryland. The County’s governance, providers, and laws exert a direct affect on the property and its residents. This encompasses elements starting from property taxes and zoning legal guidelines to public security and infrastructure upkeep. As an illustration, property tax charges set by Montgomery County instantly affect the monetary obligations related to possession of the property at 1164 Regal Oak Drive. Equally, County zoning laws decide permissible makes use of of the land, influencing potential renovations or additions to the present construction. The standard of County-provided providers, corresponding to street upkeep and emergency response, instantly impacts the every day lives of residents.
Moreover, Montgomery County’s demographic traits, financial situations, and academic alternatives considerably form the neighborhood surrounding 1164 Regal Oak Drive. The County’s excessive common earnings ranges and powerful faculty system contribute to the desirability of the world, influencing property values and attracting households looking for entry to high quality schooling. The proximity to main employers inside the County, corresponding to federal companies and know-how firms, gives employment alternatives for residents. Actual property values in Montgomery County are additionally considerably influenced by the county’s total financial stability and progress prospects. For example, infrastructure enhancements funded by the County, corresponding to new roads or public transportation traces, can improve the accessibility and desirability of neighborhoods just like the one surrounding 1164 Regal Oak Drive.
In abstract, the connection between 1164 Regal Oak Drive, Rockville MD, and Montgomery County is considered one of interdependence. The County gives the infrastructure, governance, and providers that instantly affect the property and its residents, whereas the property contributes to the County’s tax base and total neighborhood. Understanding this relationship is essential for anybody looking for to put money into, reside in, or analyze actual property inside Montgomery County. Any evaluation of property worth, high quality of life, or long-term funding potential should bear in mind the affect of the County’s insurance policies, sources, and total setting.
4. Actual Property Worth
The market worth of 1164 Regal Oak Drive, Rockville MD, is a posh metric influenced by a confluence of things. Understanding these elements is essential for assessing the property’s price, potential return on funding, and total monetary implications for potential consumers and sellers.
-
Comparable Gross sales (Comps)
Essentially the most direct indicator of a property’s market worth is the current sale value of comparable properties, or “comps,” within the rapid neighborhood. Comps ought to ideally be situated on the identical avenue or inside the identical neighborhood, possess comparable sq. footage, lot measurement, and situation, and have bought inside the previous six months to a 12 months. For 1164 Regal Oak Drive, an actual property appraisal would contain figuring out such comps and adjusting the sale costs to account for any variations in options or facilities. A property with a renovated kitchen or a bigger yard, for instance, may command the next value than an analogous property with out these options. Analyzing comps gives a baseline for understanding the prevailing market situations and the anticipated value vary for properties like 1164 Regal Oak Drive.
-
Location and Neighborhood Facilities
The intrinsic worth of a property is considerably affected by its location inside Rockville and the facilities out there inside the surrounding neighborhood. Elements corresponding to proximity to high-ranking colleges, parks, procuring facilities, and public transportation all contribute to a property’s desirability and, consequently, its market worth. 1164 Regal Oak Drive’s location could also be significantly interesting if it provides handy entry to those facilities, making it a extra engaging choice for potential consumers. Moreover, the security and total high quality of life inside the neighborhood play an important function. A low crime price, well-maintained streets, and a robust sense of neighborhood can all positively affect property values. Any damaging perceptions of the neighborhood, corresponding to excessive visitors quantity or lack of inexperienced area, might conversely detract from its worth.
-
Property Situation and Enhancements
The bodily situation of 1164 Regal Oak Drive is a main determinant of its market worth. A well-maintained property with up to date options and minimal deferred upkeep will usually command the next value than a comparable property in want of repairs. The age of the roof, the effectivity of the HVAC system, the situation of the plumbing and electrical techniques, and the presence of any structural points will all be rigorously scrutinized by potential consumers and appraisers. Latest renovations or upgrades, corresponding to a brand new kitchen or lavatory, can considerably improve a property’s attraction and worth. Conversely, any indicators of disrepair, corresponding to water harm, pest infestations, or outdated finishes, might necessitate value reductions to compensate for the price of repairs. An evaluation of the general situation and any current enhancements is crucial for precisely figuring out the market worth of 1164 Regal Oak Drive.
-
Market Traits and Financial Elements
The broader actual property market traits and financial elements prevailing in Rockville and Montgomery County on the time of sale play an important function in figuring out the worth of 1164 Regal Oak Drive. Elements corresponding to rates of interest, employment charges, and client confidence can all affect purchaser demand and, consequently, property values. In a vendor’s market, the place demand exceeds provide, properties are likely to promote for increased costs and in a shorter time frame. Conversely, in a purchaser’s market, the place provide exceeds demand, consumers have extra negotiating energy, and properties might take longer to promote. Financial indicators, corresponding to job progress and inflation charges, may affect affordability and purchaser sentiment. Understanding these macroeconomic elements is crucial for precisely predicting the market worth of 1164 Regal Oak Drive at any given cut-off date.
Finally, the true property worth related to 1164 Regal Oak Drive displays a posh interplay of localized property options, broader neighborhood traits, and total market situations. A complete evaluation that accounts for these numerous components is essential for knowledgeable decision-making in the true property market.
5. Neighborhood Context
The neighborhood context surrounding 1164 Regal Oak Drive, Rockville MD, exerts a substantial affect on its desirability and market worth. Proximity to important facilities corresponding to grocery shops, parks, and colleges, contributes on to the attraction of the placement. Conversely, proximity to undesirable components, corresponding to high-traffic areas or industrial zones, can negatively affect the property’s attractiveness. The demographic composition of the neighborhood, encompassing elements corresponding to age, earnings stage, and schooling, may have an effect on its perceived worth and attraction to particular purchaser segments. As an illustration, a neighborhood with a excessive focus of households could also be extra fascinating for consumers with kids, whereas a neighborhood with the next focus of younger professionals may be extra engaging to single people or {couples}.
Actual-life examples illustrate this connection successfully. Think about two properties of an identical measurement and development situated in Rockville. One, located in a neighborhood recognized for its top-rated colleges, persistently instructions the next sale value than the opposite, situated in a neighborhood with colleges of common rating. Equally, a property adjoining to a well-maintained park or inexperienced area is often extra worthwhile than an equal property missing such proximity. The presence of neighborhood facilities, libraries, and leisure services additionally contributes positively to neighborhood desirability. Subsequently, an evaluation of 1164 Regal Oak Drive should embody an evaluation of the encircling neighborhood’s traits, facilities, and repute to precisely decide its intrinsic price and market potential. This consists of investigating crime charges, faculty rankings, native employment alternatives, and the general sense of neighborhood inside the rapid space.
In abstract, the neighborhood context is an inseparable element of the general worth and attraction of 1164 Regal Oak Drive, Rockville MD. Understanding the traits and facilities of the encircling space is crucial for each potential consumers and sellers, because it instantly influences the property’s long-term funding potential and the standard of life for its residents. Ignoring this important side can result in misinformed selections and an inaccurate evaluation of the property’s true price inside the Rockville actual property market.
6. Accessibility
Accessibility, within the context of 1164 Regal Oak Drive, Rockville MD, refers back to the ease with which people can attain and make the most of the property and its surrounding setting. This encompasses a number of dimensions, together with transportation, proximity to important providers, and bodily lodging for people with disabilities. Deficiencies in accessibility can instantly affect the property’s worth and the standard of life for its residents. For instance, an absence of close by public transportation choices might restrict entry to employment facilities and different facilities for people who don’t personal a automobile. That is significantly pertinent in Rockville, the place reliance on private transportation might be expensive and contribute to visitors congestion. The accessibility of important providers, corresponding to grocery shops, pharmacies, and healthcare services, is equally necessary. The absence of such providers inside an inexpensive distance can create vital challenges for residents, particularly these with mobility limitations or with out entry to transportation. Accessibility additionally extends to the bodily traits of the property itself, together with the presence of ramps, elevators, and accessible restrooms. The absence of those options can prohibit entry for people with disabilities, making the property unsuitable for his or her wants. Addressing these accessibility boundaries requires a multifaceted strategy, involving city planning, transportation infrastructure enhancements, and property modifications to reinforce usability for all residents.
Think about the sensible implications for various resident profiles. For a household with younger kids, accessibility to parks, colleges, and childcare services is paramount. For aged residents or these with disabilities, the supply of accessible transportation and close by medical providers is essential. For working professionals, handy entry to main employment facilities and transportation hubs is a major issue. Municipal planning performs an important function in shaping accessibility inside a neighborhood. Zoning laws, infrastructure investments, and transportation insurance policies can instantly affect the benefit with which residents can entry important providers and alternatives. As an illustration, zoning laws that promote mixed-use growth can cut back the necessity for lengthy commutes and improve walkability. Investments in public transportation, corresponding to bus fast transit or expanded subway traces, can present inexpensive and accessible transportation choices for all residents. And insurance policies that incentivize or mandate the inclusion of accessibility options in new development can make sure that housing is usable by individuals of all skills. These examples reveal the interconnectedness of accessibility, municipal planning, and resident well-being.
In abstract, accessibility is a important element of the general worth and livability of 1164 Regal Oak Drive, Rockville MD. Its significance extends past mere comfort, encompassing problems with fairness, inclusion, and high quality of life for all residents. Addressing accessibility challenges requires a collaborative effort involving city planners, builders, property house owners, and neighborhood stakeholders. By prioritizing accessibility in planning and growth selections, Rockville can create a extra inclusive and vibrant neighborhood for all. Recognizing accessibility as a key issue when evaluating the property is crucial for knowledgeable decision-making for potential consumers and renters. Ignoring accessibility limitations can result in unexpected challenges and diminished high quality of life for the property’s occupants.
7. Property Historical past
The property historical past of 1164 Regal Oak Drive, Rockville MD, represents a chronological document of possession, transfers, modifications, and vital occasions pertaining to that particular parcel of land and its enhancements. This historical past isn’t merely a set of dates and names; it is a important element in understanding the property’s present worth, authorized standing, and potential future growth. Tracing the chain of title reveals previous house owners, any liens or encumbrances positioned in opposition to the property, and any easements or rights-of-way which will have an effect on its use. As an illustration, a earlier mortgage lien or a recorded easement for utility entry would instantly affect a potential purchaser’s determination and the property’s market worth. A transparent and unencumbered title, validated by an intensive title search, is paramount for guaranteeing a clean and legally sound actual property transaction. Moreover, previous modifications to the construction, corresponding to additions or renovations, are documented inside the property historical past, normally by constructing permits. These data confirm whether or not such modifications have been legally authorised and adjust to present constructing codes. Unauthorized alterations can result in authorized challenges and vital bills for the present or future proprietor to rectify.
Actual-world examples underscore the sensible significance of property historical past. Think about a state of affairs the place a property’s historical past reveals a previous environmental contamination, even when remediated. This info have to be disclosed to potential consumers and will have an effect on the property’s marketability and value. One other instance entails uncovering a dispute over property traces prior to now. Whereas seemingly resolved, such a dispute may resurface and result in authorized battles for future house owners. Even seemingly mundane particulars, such because the dates of roof replacements or main equipment installations, are a part of the property historical past and contribute to a extra full understanding of its situation and potential future upkeep prices. Municipal data, together with tax assessments and zoning modifications, additionally kind a part of the property historical past. Vital fluctuations in tax assessments may point out previous points or future will increase, whereas modifications in zoning laws may have an effect on the property’s permitted makes use of and potential redevelopment alternatives. Accessibility of those data varies, typically requiring searches on the county courthouse or by specialised title firms.
In conclusion, the property historical past of 1164 Regal Oak Drive, Rockville MD, is an indispensable instrument for assessing danger, guaranteeing authorized compliance, and understanding the property’s true worth. It gives a historic context that informs current selections and mitigates potential future issues. Neglecting to totally examine the property historical past can expose consumers and sellers to unexpected liabilities and monetary burdens. Subsequently, diligent analysis {and professional} steerage in reviewing the property historical past are important steps in any actual property transaction involving 1164 Regal Oak Drive or every other property.
Ceaselessly Requested Questions Relating to 1164 Regal Oak Drive, Rockville MD
This part addresses widespread inquiries in regards to the property situated at 1164 Regal Oak Drive, Rockville MD, providing readability on its traits and surrounding setting.
Query 1: What’s the zoning designation for 1164 Regal Oak Drive, Rockville MD?
The zoning designation for the property at 1164 Regal Oak Drive dictates the permitted makes use of of the land and the kind of constructions that may be erected. This info is often out there by the Montgomery County Division of Allowing Companies and must be verified for accuracy.
Query 2: What are the native faculty assignments for kids residing at 1164 Regal Oak Drive, Rockville MD?
College assignments are decided by the Montgomery County Public Faculties (MCPS) system. It’s advisable to seek the advice of the MCPS web site or contact the varsity district instantly to verify the present faculty assignments, as boundaries might change.
Query 3: What’s the property tax price relevant to 1164 Regal Oak Drive, Rockville MD?
Property tax charges are set by Montgomery County and are topic to alter yearly. The precise tax price, together with the assessed worth of the property, might be obtained from the Montgomery County Division of Finance.
Query 4: Are there any householders affiliation (HOA) charges related to 1164 Regal Oak Drive, Rockville MD?
The presence and quantity of HOA charges rely on whether or not the property is a part of a householders affiliation. This info can sometimes be discovered within the property’s deed or by contacting an area actual property agent specializing within the space.
Query 5: What utilities can be found at 1164 Regal Oak Drive, Rockville MD?
Typical utilities embody electrical energy, pure gasoline, water, sewer, and telecommunications providers. The precise suppliers for every utility might fluctuate, and it’s advisable to contact them instantly to determine service and inquire about charges.
Query 6: What are the current comparable gross sales (comps) for properties much like 1164 Regal Oak Drive, Rockville MD?
Comparable gross sales information is essential for assessing the market worth of the property. An actual property skilled can present a comparative market evaluation (CMA) based mostly on current gross sales of comparable properties within the rapid neighborhood.
Understanding these continuously requested questions gives a basis for additional investigation and knowledgeable decision-making relating to the property at 1164 Regal Oak Drive, Rockville MD.
Subsequent sections will discover potential funding alternatives associated to this handle and the broader Rockville actual property market.
Key Issues for Properties Just like 1164 Regal Oak Drive, Rockville MD
This part gives important recommendation for navigating actual property transactions regarding properties sharing traits with 1164 Regal Oak Drive, Rockville MD.
Tip 1: Conduct Thorough Due Diligence:
Earlier than committing to a purchase order, a complete inspection is obligatory. This consists of assessing structural integrity, plumbing, electrical techniques, and potential environmental hazards. Have interaction certified professionals to make sure an unbiased analysis. A property inspection report can reveal hidden points which will affect future upkeep prices or necessitate rapid repairs.
Tip 2: Scrutinize Title Historical past:
A title search is important to establish any liens, encumbrances, or previous possession disputes that might cloud the property’s title. Participating a good title firm is crucial to make sure a transparent and marketable title. This prevents potential authorized problems and monetary losses down the road.
Tip 3: Consider Neighborhood Comps Critically:
Comparable gross sales (comps) present a benchmark for figuring out honest market worth. Nonetheless, superficial comparisons might be deceptive. Account for delicate variations in property situation, lot measurement, renovations, and proximity to facilities. Changes to the comp costs must be made to precisely mirror the topic property’s distinctive traits.
Tip 4: Examine Native Zoning Laws:
Zoning laws dictate the permitted makes use of of the property and any restrictions on future growth. Affirm that the present zoning permits for the supposed use and examine potential modifications to zoning ordinances that might affect the property’s worth or growth potential.
Tip 5: Assess College District and Academic Sources:
For households with kids, the standard of native colleges is a paramount consideration. Analysis faculty rankings, take a look at scores, and extracurricular actions. Confirm faculty assignments with the Montgomery County Public Faculties, as boundary traces might change over time.
Tip 6: Analyze Proximity to Facilities and Companies:
Assess the benefit of entry to important facilities, together with grocery shops, healthcare services, parks, and public transportation. Proximity to those providers enhances comfort and contributes to the general desirability of the property.
Tip 7: Study Potential Environmental Considerations:
Examine potential environmental hazards, corresponding to radon ranges, soil contamination, or proximity to flood zones. Environmental assessments could also be needed to find out the property’s security and mitigate potential dangers.
Thorough due diligence and a complete understanding of the elements influencing property worth are essential for making knowledgeable selections within the Rockville actual property market.
The next part concludes this text with a abstract of key findings and future prospects.
Concluding Remarks on 1164 Regal Oak Drive, Rockville MD
This examination of 1164 Regal Oak Drive, Rockville MD, has revealed the intricate interaction of things that contribute to the property’s identification and worth. From its residential classification and particular location inside Rockville to its place inside Montgomery County and its accessibility to native facilities, a large number of components converge to outline its traits. Understanding its property historical past, neighborhood context, and the nuances of actual property values inside the Rockville market is crucial for any knowledgeable evaluation.
The detailed evaluation introduced serves as a foundational useful resource for potential consumers, sellers, and buyers looking for to navigate the Rockville actual property panorama. Continued due diligence, skilled session, and a complete understanding of market dynamics stay paramount for making sound selections. The knowledge offered herein underscores the significance of contemplating each the tangible attributes and the intangible context surrounding properties corresponding to 1164 Regal Oak Drive, Rockville MD, so as to obtain optimum outcomes.
