One-Bedroom Residential
For Sale
$289,900
4515 WILLARD AVENUE Unit 708S, Chevy Chase, MD 20815
South-facing windows, a private balcony, and updated kitchen finishes shape this light-filled residence.
Property Size878 SF
Price / SF$330.18
Days on Market198
Property Features for 4515 WILLARD AVENUE Unit 708S
General Information
Standard status
Active
Size
878 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,309
Amenities
rooftop pool
fitness center
24/7 concierge
secured entry
in-building mini market
restaurant
complimentary shuttle
private balcony
Building Details
Building Size
878 SF
Year Built
1968
Listing Agency:
EXP Realty, LLC
Listed By:
Neil W Bacchus · License #312336
(301) 674-8090
Source:
Exqrealestate
Added: Apr 14
Changed: Oct 27
Last Checked: Oct 26 at 3:27PM
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, LLC
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 878-square-foot, one-bedroom residence was built in 1968 and includes a private balcony, south-facing windows, and an en suite bathroom with access from the bedroom and hallway. Storage includes a walk-in closet and a second closet. Recent interior work includes fresh paint, new carpeting, stainless steel appliances, updated hardwood cabinetry, and luxury vinyl plank kitchen flooring. The kitchen also has a built-in bar. A new electrical panel and convector were installed, and one parking space is included.
Building amenities include a rooftop pool and sun deck, fitness center, secured entry, and 24-hour concierge service. An in-building mini market and Alfio's Italian Restaurant provide additional on-site conveniences. A complimentary shuttle serves the nearby Metro and shopping destinations. The residence is in Friendship Heights, near Whole Foods, Bloomingdale's, Saks Fifth Avenue, Tiffany & Co., and several restaurants. Friendship Heights Metro provides a connection to Washington, DC.
Building amenities include a rooftop pool and sun deck, fitness center, secured entry, and 24-hour concierge service. An in-building mini market and Alfio's Italian Restaurant provide additional on-site conveniences. A complimentary shuttle serves the nearby Metro and shopping destinations. The residence is in Friendship Heights, near Whole Foods, Bloomingdale's, Saks Fifth Avenue, Tiffany & Co., and several restaurants. Friendship Heights Metro provides a connection to Washington, DC.
Key Highlights
- 878‑square‑foot, one‑bedroom residence with a private balcony
- South‑facing wall of windows
- Bedroom and hallway access to the en suite bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,497
Cap Rate
5.00%
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 5.00%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$308.9K
$270.3K – $360.3K
NOI $21,620 @ 7.0% cap · market cap 7.46%
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
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - South-facing windows, a private balcony, and updated kitchen finishes shape this light-filled residence.
Where is this residential income property located?
The property is located at 4515 WILLARD AVENUE Unit 708S Chevy Chase, MD.
What is the asking price?
The asking price for this property is $289,900.
What are key features of this property?
This property features: 878‑square‑foot, one‑bedroom residence with a private balcony; South‑facing wall of windows; Bedroom and hallway access to the en suite bathroom
