Three-Bedroom Residential
For Sale
$229,000
3802 BEL PRE ROAD Unit 3802-5, Silver Spring, MD 20906
Fresh interior paint and hardwood floors distinguish the main living areas of this two-bathroom unit.
Property Size1,036 SF
Price / SF$221.04
Days on Market320
Property Features for 3802 BEL PRE ROAD Unit 3802-5
General Information
Standard status
Active
Size
1,036 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,008
Amenities
hardwood floors
Building Details
Building Size
1,036 SF
Year Built
1971
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Dec 12, 2025
Changed: Oct 27
Last Checked: Oct 26 at 2:35PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,036-square-foot residential condo has three bedrooms and two bathrooms. Fresh paint and hardwood flooring are among its interior features, and the living and dining areas are arranged in an open layout. The property was built in 1971.
Shopping destinations named nearby include Aspen Hill Shopping Center and Plaza Del Mercado Shopping Center. Glenmont Metro and the Mid-County Connector (I-370) are also cited as nearby transportation options.
Shopping destinations named nearby include Aspen Hill Shopping Center and Plaza Del Mercado Shopping Center. Glenmont Metro and the Mid-County Connector (I-370) are also cited as nearby transportation options.
Key Highlights
- Three bedrooms and two bathrooms
- 1,036 square feet; built in 1971
- Hardwood floors in the main living areas
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,106
Cap Rate
7.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$342,120
$342.1K
Cap Rate 7%
$244,371
$244.4K
Cap Rate 9%
$190,067
$190.1K
Market Conditions
NOI Build-Up for 1,036 SF
Gross rent
$33.4K $32.28/SF
− Vacancy
−$2.3K −$2.26/SF
EGI
$31.1K $30.02/SF
− OpEx
−$14.0K −$13.51/SF
NOI
$17.1K $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%
$342,120
Cap Rate 7%
$244,371
Cap Rate 9%
$190,067
Alternative Uses
Best Use
Apartment 5plus
$244.4K
$213.8K – $285.1K
NOI $17,106 @ 7.0% cap · market cap 7.47%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$364.4K
$318.9K – $425.2K
NOI $25,511 @ 7.0% cap · market cap 11.14%
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
Location Intelligence
Trade Area within ½ mile
403
Businesses Nearby
Explore this area
Business Placement
Demographics for 20906, MD
71,641
Population
27,423
Households
2.6
Avg Household Size
41
Median Age
42%
College-Educated
87%
High-School Grad
12.7 sq mi
ZIP Area
5,641
Density / Sq Mi
$92,964
Median Household Income
$46,172
Median Earnings
$1,945
Median Rent
$440,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Fresh interior paint and hardwood floors distinguish the main living areas of this two-bathroom unit.
Where is this residential income property located?
The property is located at 3802 BEL PRE ROAD Unit 3802-5 Silver Spring, MD.
What is the asking price?
The asking price for this property is $229,000.
What are key features of this property?
This property features: Three bedrooms and two bathrooms; 1,036 square feet; built in 1971; Hardwood floors in the main living areas
