One-Bedroom Residence with
For Sale
$336,000
4515 WILLARD AVENUE Unit 2207, Chevy Chase, MD 20815
The unit pairs a renovated kitchen and bathroom with access to a rooftop pool and fitness center.
Property Size878 SF
Price / SF$382.69
Days on Market87
Property Features for 4515 WILLARD AVENUE Unit 2207
General Information
Standard status
Active
Size
878 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,309
Amenities
rooftop pool
fitness center
convenience store
restaurant
24-hour desk attendants
complimentary online shuttle service
Building Details
Building Size
878 SF
Year Built
1968
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Aug 3
Changed: Oct 26
Last Checked: Oct 26 at 1:47PM
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 eXp Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
At The Willoughby, this 878-square-foot, one-bedroom residence includes a private balcony with southern exposure. Hardwood flooring, a renovated bathroom, and a custom-designed kitchen define the interior. The unit is on a high floor in a building constructed in 1968.
Building amenities include a rooftop pool, fitness center, convenience store, restaurant, and 24-hour desk attendants. An online shuttle service has stops near Whole Foods, Friendship Heights Metro Station, and the surrounding shopping center.
Building amenities include a rooftop pool, fitness center, convenience store, restaurant, and 24-hour desk attendants. An online shuttle service has stops near Whole Foods, Friendship Heights Metro Station, and the surrounding shopping center.
Key Highlights
- 878‑square‑foot one‑bedroom residence with private balcony
- Southern exposure on a high floor
- Custom‑designed kitchen, hardwood floors, and renovated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,497
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,940
$289.9K
Cap Rate 7%
$207,100
$207.1K
Cap Rate 9%
$161,078
$161.1K
Market Conditions
NOI Build-Up for 878 SF
Gross rent
$28.3K $32.28/SF
− Vacancy
−$2.0K −$2.26/SF
EGI
$26.4K $30.02/SF
− OpEx
−$11.9K −$13.51/SF
NOI
$14.5K $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%
$289,940
Cap Rate 7%
$207,100
Cap Rate 9%
$161,078
Alternative Uses
Best Use
Apartment 5plus
$207.1K
$181.2K – $241.6K
NOI $14,497 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$308.9K
$270.3K – $360.3K
NOI $21,620 @ 7.0% cap · market cap 6.43%
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
4,155
Businesses Nearby
Explore this area
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
Frequently Asked Questions
What type of property is this?
Residential income property - The unit pairs a renovated kitchen and bathroom with access to a rooftop pool and fitness center.
Where is this residential income property located?
The property is located at 4515 WILLARD AVENUE Unit 2207 Chevy Chase, MD.
What is the asking price?
The asking price for this property is $336,000.
What are key features of this property?
This property features: 878‑square‑foot one‑bedroom residence with private balcony; Southern exposure on a high floor; Custom‑designed kitchen, hardwood floors, and renovated bathroom
