Residential Income
For Sale
$315,000
2100 WASHINGTON AVENUE Unit 9-B, Silver Spring, MD 20910
The three-bedroom condo includes a private balcony and assigned garage parking.
Property Size1,319 SF
Price / SF$238.82
Days on Market79
Property Features for 2100 WASHINGTON AVENUE Unit 9-B
General Information
Standard status
Active
Size
1,319 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 3BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,534
Amenities
extra storage
private balcony
commercial-grade laundry room
on-site resident management
intercom access
secure assigned storage
pet-friendly policies
Building Details
Building Size
1,319 SF
Year Built
1966
Listing Agency:
Jack Realty Group
Listed By:
John Pruski
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 11
Changed: Oct 26
Last Checked: Oct 26 at 10:29AM
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 1,319-square-foot condo offers three bedrooms and two full bathrooms, with a separate dining area, modern kitchen, and living room framed by floor-to-ceiling windows. A private balcony extends along the unit, and the owner's suite has two closets. The building provides assigned storage, intercom entry, on-site resident management, and a commercial laundry room. One assigned garage space and overflow parking are included, while the condo fee covers all utilities.
The property is one mile from the Silver Spring Metro and near multiple bus lines. Nearby destinations include Rock Creek Park, NIH, Walter Reed, and retail and dining options such as Whole Foods, Giant Foods, and Starbucks. The home is within the BCC School Cluster.
The property is one mile from the Silver Spring Metro and near multiple bus lines. Nearby destinations include Rock Creek Park, NIH, Walter Reed, and retail and dining options such as Whole Foods, Giant Foods, and Starbucks. The home is within the BCC School Cluster.
Key Highlights
- Three bedrooms and two full bathrooms in 1,319 square feet
- Private balcony spans the length of the condo
- One assigned garage parking space, plus overflow parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,778
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$435,560
$435.6K
Cap Rate 7%
$311,114
$311.1K
Cap Rate 9%
$241,978
$242.0K
Market Conditions
NOI Build-Up for 1,319 SF
Gross rent
$42.6K $32.28/SF
− Vacancy
−$3.0K −$2.26/SF
EGI
$39.6K $30.02/SF
− OpEx
−$17.8K −$13.51/SF
NOI
$21.8K $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%
$435,560
Cap Rate 7%
$311,114
Cap Rate 9%
$241,978
Alternative Uses
Best Use
Apartment 5plus
$311.1K
$272.2K – $363.0K
NOI $21,778 @ 7.0% cap · market cap 6.91%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$464.0K
$406.0K – $541.3K
NOI $32,480 @ 7.0% cap · market cap 10.31%
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
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
793
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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Frequently Asked Questions
What type of property is this?
Residential income property - The three-bedroom condo includes a private balcony and assigned garage parking.
Where is this residential income property located?
The property is located at 2100 WASHINGTON AVENUE Unit 9-B Silver Spring, MD.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: Three bedrooms and two full bathrooms in 1,319 square feet; Private balcony spans the length of the condo; One assigned garage parking space, plus overflow parking
