One-Bedroom Residential
For Sale
$219,500
4242 E WEST HIGHWAY Unit 714, Chevy Chase, MD 20815
Renovated kitchen, private balcony, and two indoor parking spaces accompany this condominium residence.
Property Size859 SF
Price / SF$255.53
Days on Market337
Property Features for 4242 E WEST HIGHWAY Unit 714
General Information
Standard status
Active
Size
859 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Parking per Unit
2
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,655
Amenities
staffed front desk
secure building
private balcony
rooftop pool
fitness room
laundry on each level
Building Details
Building Size
859 SF
Year Built
1966
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Nov 25, 2025
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 859-square-foot, one-bedroom residence is in The Riviera, a building constructed in 1966. The renovated kitchen includes granite countertops, a gas range, and a wine refrigerator. A private balcony offers northwestern views, and the unit comes with two indoor parking spaces.
Building amenities include a staffed front desk, controlled access, a rooftop pool, a fitness room, and laundry facilities on each level. The property is described as minutes from the Bethesda Metro, dining, shopping, and entertainment.
Building amenities include a staffed front desk, controlled access, a rooftop pool, a fitness room, and laundry facilities on each level. The property is described as minutes from the Bethesda Metro, dining, shopping, and entertainment.
Key Highlights
- 859‑square‑foot, one‑bedroom residence
- Renovated kitchen with granite countertops, gas range, and wine refrigerator
- Private balcony with northwestern views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,183
Cap Rate
6.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$283,660
$283.7K
Cap Rate 7%
$202,614
$202.6K
Cap Rate 9%
$157,589
$157.6K
Market Conditions
NOI Build-Up for 859 SF
Gross rent
$27.7K $32.28/SF
− Vacancy
−$1.9K −$2.26/SF
EGI
$25.8K $30.02/SF
− OpEx
−$11.6K −$13.51/SF
NOI
$14.2K $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%
$283,660
Cap Rate 7%
$202,614
Cap Rate 9%
$157,589
Alternative Uses
Best Use
Apartment 5plus
$202.6K
$177.3K – $236.4K
NOI $14,183 @ 7.0% cap · market cap 6.46%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$302.2K
$264.4K – $352.5K
NOI $21,152 @ 7.0% cap · market cap 9.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,321
Businesses Nearby
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Business Placement
Demographics for 20815, MD
31,517
Population
14,192
Households
2.2
Avg Household Size
46
Median Age
85%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,836
Density / Sq Mi
$198,243
Median Household Income
$106,711
Median Earnings
$2,408
Median Rent
$1,230,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated kitchen, private balcony, and two indoor parking spaces accompany this condominium residence.
Where is this residential income property located?
The property is located at 4242 E WEST HIGHWAY Unit 714 Chevy Chase, MD.
What is the asking price?
The asking price for this property is $219,500.
What are key features of this property?
This property features: 859‑square‑foot, one‑bedroom residence; Renovated kitchen with granite countertops, gas range, and wine refrigerator; Private balcony with northwestern views
