Studio
For Sale
$109,999
1900 LYTTONSVILLE ROAD Unit 502, Silver Spring, MD 20910
A 568-square-foot studio includes a full bathroom and newer carpet.
Property Size568 SF
Price / SF$193.66
Days on Market61
Property Features for 1900 LYTTONSVILLE ROAD Unit 502
General Information
Standard status
Active
Size
568 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,686
Building Details
Building Size
568 SF
Year Built
1964
Listing Agency:
Trademark Realty, Inc
Listed By:
Louis M Pope
(301) 442-5784
Source:
Jackrealtygroup
Added: Sep 1
Changed: Oct 27
Last Checked: Oct 26 at 2:47PM
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 Trademark Realty, Inc
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Investment Insights
Based on property information with market context.
This 568-square-foot studio apartment, built in 1964, has an open layout and a full bathroom. Newer carpet is installed throughout the unit. Its adaptable floor plan accommodates living, sleeping, and dining functions within one main space.
Key Highlights
- 568‑square‑foot studio apartment
- Full bathroom
- Newer carpet throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,378
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,560
$187.6K
Cap Rate 7%
$133,971
$134.0K
Cap Rate 9%
$104,200
$104.2K
Market Conditions
NOI Build-Up for 568 SF
Gross rent
$18.3K $32.28/SF
− Vacancy
−$1.3K −$2.26/SF
EGI
$17.1K $30.02/SF
− OpEx
−$7.7K −$13.51/SF
NOI
$9.4K $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%
$187,560
Cap Rate 7%
$133,971
Cap Rate 9%
$104,200
Alternative Uses
Best Use
Apartment 5plus
$134.0K
$117.2K – $156.3K
NOI $9,378 @ 7.0% cap · market cap 8.53%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$199.8K
$174.8K – $233.1K
NOI $13,987 @ 7.0% cap · market cap 12.72%
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
2,083
Businesses Nearby
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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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Frequently Asked Questions
What type of property is this?
Residential income property - A 568-square-foot studio includes a full bathroom and newer carpet.
Where is this residential income property located?
The property is located at 1900 LYTTONSVILLE ROAD Unit 502 Silver Spring, MD.
What is the asking price?
The asking price for this property is $109,999.
What are key features of this property?
This property features: 568‑square‑foot studio apartment; Full bathroom; Newer carpet throughout
