Residential Income
For Sale
$273,000
10518 WEYMOUTH STREET Unit 102, Bethesda, MD 20814
The condo fee includes electricity, gas, water, heat, air conditioning, and sewer service.
Property Size970 SF
Price / SF$281.44
Days on Market111
Property Features for 10518 WEYMOUTH STREET Unit 102
General Information
Standard status
Active
Size
970 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Asking Price
$273,000
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,018
Amenities
swimming pool
tennis courts
pickleball courts
clubhouse
playground
picnic areas
Building Details
Building Size
970 SF
Year Built
1962
Listing Agency:
RLAH @properties
Listed By:
Kimberly Shea FitzGerald · License #666721
(301) 467-5231
Source:
Jackrealtygroup
Added: Jul 10
Changed: Oct 27
Last Checked: Oct 26 at 3:17PM
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 RLAH @properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 970-square-foot Parkside condo in Bethesda has two bedrooms, one bathroom, and living and dining areas. Windows and sliding doors were replaced in 2021. Electricity, gas, water, heat, air conditioning, and sewer are included in the condo fee.
Community amenities include a swimming pool, tennis and pickleball courts, a clubhouse, playground, and picnic areas. The unit is directly across from the pool and community amenities. Grosvenor-Strathmore Metro is less than a mile away, with access to NIH, Walter Reed, downtown Bethesda, Rock Creek Park, I-495, and I-270.
Community amenities include a swimming pool, tennis and pickleball courts, a clubhouse, playground, and picnic areas. The unit is directly across from the pool and community amenities. Grosvenor-Strathmore Metro is less than a mile away, with access to NIH, Walter Reed, downtown Bethesda, Rock Creek Park, I-495, and I-270.
Key Highlights
- Two‑bedroom, one‑bath condo with 970 square feet
- Condo fee covers electricity, gas, water, heat, A/C, and sewer
- Windows and sliding doors updated in 2021
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,016
Cap Rate
5.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$320,320
$320.3K
Cap Rate 7%
$228,800
$228.8K
Cap Rate 9%
$177,956
$178.0K
Market Conditions
NOI Build-Up for 970 SF
Gross rent
$31.3K $32.28/SF
− Vacancy
−$2.2K −$2.26/SF
EGI
$29.1K $30.02/SF
− OpEx
−$13.1K −$13.51/SF
NOI
$16.0K $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%
$320,320
Cap Rate 7%
$228,800
Cap Rate 9%
$177,956
Alternative Uses
Best Use
Apartment 5plus
$228.8K
$200.2K – $266.9K
NOI $16,016 @ 7.0% cap · market cap 5.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$341.2K
$298.6K – $398.1K
NOI $23,886 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
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 condo fee includes electricity, gas, water, heat, air conditioning, and sewer service.
Where is this residential income property located?
The property is located at 10518 WEYMOUTH STREET Unit 102 Bethesda, MD.
What is the asking price?
The asking price for this property is $273,000.
What are key features of this property?
This property features: Two‑bedroom, one‑bath condo with 970 square feet; Condo fee covers electricity, gas, water, heat, A/C, and sewer; Windows and sliding doors updated in 2021
