Ground-Floor Walkout
For Sale
$125,000
1900 LYTTONSVILLE ROAD Unit 110, Silver Spring, MD 20910
Tenant-occupied studio with updated kitchen and bathroom, building amenities, and utilities included in the condo fee.
Property Size577 SF
Price / SF$216.64
Days on Market155
Property Features for 1900 LYTTONSVILLE ROAD Unit 110
General Information
Standard status
Active
Size
577 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$1,609
Amenities
24-hour concierge
laundry room
party room
rooftop lounge space
swimming pool
Building Details
Building Size
577 SF
Year Built
1964
Listing Agency:
Save 6, Incorporated
Listed By:
Lawrence M. Lessin · License #33633
(301) 355-6104
Source:
Jackrealtygroup
Added: May 27
Changed: Oct 27
Last Checked: Oct 26 at 3:10PM
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 Save 6, Incorporated
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Investment Insights
Based on property information with market context.
This 577-square-foot studio condominium is on the ground floor and has walkout access. The kitchen and bathroom have been renovated, and recessed lighting was installed in the living area. Storage includes two closets near the entrance and a walk-in hall closet. The building dates to 1964.
Building amenities include a 24-hour concierge, laundry room, party room, rooftop lounge, swimming pool, and on-site parking with guest spaces. The condo fee covers utilities. The property is in Silver Spring, with Metro access described as walkable and connections to I-495, UMD, Bethesda, and Washington, DC.
Building amenities include a 24-hour concierge, laundry room, party room, rooftop lounge, swimming pool, and on-site parking with guest spaces. The condo fee covers utilities. The property is in Silver Spring, with Metro access described as walkable and connections to I-495, UMD, Bethesda, and Washington, DC.
Key Highlights
- 577‑square‑foot studio with ground‑floor walkout access
- Renovated kitchen and bathroom; recessed lighting in the living area
- Two entry‑area storage closets and a walk‑in hall closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,527
Cap Rate
7.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,540
$190.5K
Cap Rate 7%
$136,100
$136.1K
Cap Rate 9%
$105,856
$105.9K
Market Conditions
NOI Build-Up for 577 SF
Gross rent
$18.6K $32.28/SF
− Vacancy
−$1.3K −$2.26/SF
EGI
$17.3K $30.02/SF
− OpEx
−$7.8K −$13.51/SF
NOI
$9.5K $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%
$190,540
Cap Rate 7%
$136,100
Cap Rate 9%
$105,856
Alternative Uses
Best Use
Apartment 5plus
$136.1K
$119.1K – $158.8K
NOI $9,527 @ 7.0% cap · market cap 7.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$203.0K
$177.6K – $236.8K
NOI $14,208 @ 7.0% cap · market cap 11.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,083
Businesses Nearby
Explore this area
Business Placement
Demographics for 20910, MD
45,610
Population
23,209
Households
2
Avg Household Size
36
Median Age
74%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
9,915
Density / Sq Mi
$107,994
Median Household Income
$70,022
Median Earnings
$1,992
Median Rent
$690,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Tenant-occupied studio with updated kitchen and bathroom, building amenities, and utilities included in the condo fee.
Where is this residential income property located?
The property is located at 1900 LYTTONSVILLE ROAD Unit 110 Silver Spring, MD.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: 577‑square‑foot studio with ground‑floor walkout access; Renovated kitchen and bathroom; recessed lighting in the living area; Two entry‑area storage closets and a walk‑in hall closet
