Ground-Level
For Sale
$149,900
3834 BEL PRE ROAD Unit 3834-2, Silver Spring, MD 20906
A patio entrance provides step-free access to this one-bedroom home with in-unit laundry.
Property Size714 SF
Price / SF$209.94
Days on Market15
Property Features for 3834 BEL PRE ROAD Unit 3834-2
General Information
Standard status
Active
Size
714 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,577
Amenities
stainless steel appliances
gas stove
microwave oven
dishwasher
washer and dryer
in-ground pools
playgrounds
tennis courts
Building Details
Building Size
714 SF
Year Built
1971
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 14
Changed: Oct 27
Last Checked: Oct 26 at 3:23PM
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 714-square-foot, ground-level condominium was built in 1971 and has a patio entrance with no steps. The kitchen includes stainless steel appliances, a gas stove, microwave, and dishwasher, with laminate flooring and ceramic finishes in the kitchen and bathroom. The full bath has ceramic walls and a large shower stall. A walk-in closet and washer and dryer are located in the bedroom.
The condominium fee covers utilities. Community amenities include in-ground pools, playgrounds, and tennis courts. The property is in Silver Spring, near bus and rail service, shopping centers, and restaurants, with access to routes described as “200 exits.”
The condominium fee covers utilities. Community amenities include in-ground pools, playgrounds, and tennis courts. The property is in Silver Spring, near bus and rail service, shopping centers, and restaurants, with access to routes described as “200 exits.”
Key Highlights
- 714‑square‑foot ground‑level condominium built in 1971
- Patio entrance offers step‑free entry
- Kitchen has stainless steel appliances, gas stove, microwave, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,789
Cap Rate
7.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$235,780
$235.8K
Cap Rate 7%
$168,414
$168.4K
Cap Rate 9%
$130,989
$131.0K
Market Conditions
NOI Build-Up for 714 SF
Gross rent
$23.0K $32.28/SF
− Vacancy
−$1.6K −$2.26/SF
EGI
$21.4K $30.02/SF
− OpEx
−$9.6K −$13.51/SF
NOI
$11.8K $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%
$235,780
Cap Rate 7%
$168,414
Cap Rate 9%
$130,989
Alternative Uses
Best Use
Apartment 5plus
$168.4K
$147.4K – $196.5K
NOI $11,789 @ 7.0% cap · market cap 7.86%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$251.2K
$219.8K – $293.0K
NOI $17,582 @ 7.0% cap · market cap 11.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
410
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 - A patio entrance provides step-free access to this one-bedroom home with in-unit laundry.
Where is this residential income property located?
The property is located at 3834 BEL PRE ROAD Unit 3834-2 Silver Spring, MD.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: 714‑square‑foot ground‑level condominium built in 1971; Patio entrance offers step‑free entry; Kitchen has stainless steel appliances, gas stove, microwave, and dishwasher
