Two-Bedroom Residential Income
For Sale
$319,000
10638 WEYMOUTH STREET Unit 204, Bethesda, MD 20814
A top-floor home has renovated kitchen and bath finishes plus access to community recreation amenities.
Property Size966 SF
Price / SF$330.23
Days on Market42
Property Features for 10638 WEYMOUTH STREET Unit 204
General Information
Standard status
Active
Size
966 SF
Property subtype
Penthouse Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,087
Amenities
outdoor pool
tennis courts
tot lot
picnic areas
mature trees
Building Details
Building Size
966 SF
Year Built
1964
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 17
Changed: Oct 27
Last Checked: Oct 26 at 3:02PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This top-floor, two-bedroom residence offers 966 square feet, with updates to the kitchen and bathroom and refreshed flooring and finishes. The building dates to 1964.
Residents have access to an outdoor pool, tennis courts, a tot lot, picnic areas, and mature trees. The property is in Bethesda near the Grosvenor-Strathmore Metro.
Residents have access to an outdoor pool, tennis courts, a tot lot, picnic areas, and mature trees. The property is in Bethesda near the Grosvenor-Strathmore Metro.
Key Highlights
- Top‑floor two‑bedroom residence with 966 square feet
- Renovated kitchen and bathroom, updated flooring, and designer finishes
- Community amenities include an outdoor pool, tennis courts, a tot lot, and picnic areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,950
Cap Rate
5.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,000
$319.0K
Cap Rate 7%
$227,857
$227.9K
Cap Rate 9%
$177,222
$177.2K
Market Conditions
NOI Build-Up for 966 SF
Gross rent
$31.2K $32.28/SF
− Vacancy
−$2.2K −$2.26/SF
EGI
$29.0K $30.02/SF
− OpEx
−$13.0K −$13.51/SF
NOI
$15.9K $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%
$319,000
Cap Rate 7%
$227,857
Cap Rate 9%
$177,222
Alternative Uses
Best Use
Apartment 5plus
$227.9K
$199.4K – $265.8K
NOI $15,950 @ 7.0% cap · market cap 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$339.8K
$297.3K – $396.5K
NOI $23,787 @ 7.0% cap · market cap 7.46%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
396
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - A top-floor home has renovated kitchen and bath finishes plus access to community recreation amenities.
Where is this residential income property located?
The property is located at 10638 WEYMOUTH STREET Unit 204 Bethesda, MD.
What is the asking price?
The asking price for this property is $319,000.
What are key features of this property?
This property features: Top‑floor two‑bedroom residence with 966 square feet; Renovated kitchen and bathroom, updated flooring, and designer finishes; Community amenities include an outdoor pool, tennis courts, a tot lot, and picnic areas
