Residential Income Property with
For Sale
$330,000
10513 WEYMOUTH STREET Unit 202, Bethesda, MD 20814
The three-bedroom condominium includes two full bathrooms and basement storage.
Property Size1,083 SF
Price / SF$304.71
Days on Market34
Property Features for 10513 WEYMOUTH STREET Unit 202
General Information
Standard status
Active
Size
1,083 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,663
Amenities
balcony
storage room
pools
tennis courts
playground
green space
Building Details
Building Size
1,083 SF
Year Built
1962
Listing Agency:
Keller Williams Realty Centre
Listed By:
Jay J Fischetti · License #323674
(301) 674-2929
Source:
Canopy-re
Added: Sep 25
Changed: Oct 26
Last Checked: Oct 26 at 1:27PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Centre
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Investment Insights
Based on property information with market context.
This 1,083-square-foot condominium offers three bedrooms and two full bathrooms. The kitchen has granite countertops, replacement cabinetry, and a tiled floor; both bathrooms have been remodeled. A balcony extends from the living room, and the unit includes a basement storage room. Carpet and interior paint updates are also noted.
Community amenities include swimming pools, tennis courts, a playground, and green space. The condominium fees cover utilities. Garrett Park Elementary is within walking distance, while Tilden Middle School, Walter Johnson High School, Rock Creek Park, and the Grosvenor-Strathmore Metro station are described as nearby. The Metro provides Red Line service to Bethesda, Washington, DC, and Montgomery County.
Community amenities include swimming pools, tennis courts, a playground, and green space. The condominium fees cover utilities. Garrett Park Elementary is within walking distance, while Tilden Middle School, Walter Johnson High School, Rock Creek Park, and the Grosvenor-Strathmore Metro station are described as nearby. The Metro provides Red Line service to Bethesda, Washington, DC, and Montgomery County.
Key Highlights
- Three bedrooms and two full bathrooms
- 1,083 square feet
- Kitchen remodeled with granite countertops, replacement cabinets, and tiled flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,882
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,640
$357.6K
Cap Rate 7%
$255,457
$255.5K
Cap Rate 9%
$198,689
$198.7K
Market Conditions
NOI Build-Up for 1,083 SF
Gross rent
$35.0K $32.28/SF
− Vacancy
−$2.4K −$2.26/SF
EGI
$32.5K $30.02/SF
− OpEx
−$14.6K −$13.51/SF
NOI
$17.9K $16.51/SF
Area
Montgomery County, MD
Vacancy
7.00%
Lease Rate
$32.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$357,640
Cap Rate 7%
$255,457
Cap Rate 9%
$198,689
Alternative Uses
Best Use
Apartment 5plus
$255.5K
$223.5K – $298.0K
NOI $17,882 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$381.0K
$333.4K – $444.5K
NOI $26,668 @ 7.0% cap · market cap 8.08%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
345
Businesses Nearby
Explore this area
Business Placement
Demographics for 20814, MD
31,919
Population
15,388
Households
2.1
Avg Household Size
41
Median Age
84%
College-Educated
98%
High-School Grad
4.5 sq mi
ZIP Area
7,093
Density / Sq Mi
$150,401
Median Household Income
$90,050
Median Earnings
$2,329
Median Rent
$976,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The three-bedroom condominium includes two full bathrooms and basement storage.
Where is this residential income property located?
The property is located at 10513 WEYMOUTH STREET Unit 202 Bethesda, MD.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Three bedrooms and two full bathrooms; 1,083 square feet; Kitchen remodeled with granite countertops, replacement cabinets, and tiled flooring
