One-Bedroom Residential
For Sale
$299,900
4620 N PARK AVENUE Unit 810E, Chevy Chase, MD 20815
An updated kitchen, private balcony, and building amenities complement this one-bedroom residence.
Property Size845 SF
Price / SF$354.91
Days on Market28
Property Features for 4620 N PARK AVENUE Unit 810E
General Information
Standard status
Active
Size
845 SF
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
$3,794
Amenities
24/7 front desk service
swimming pool
fitness center
sauna
assigned underground parking
storage
Building Details
Building Size
845 SF
Year Built
1973
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 1
Changed: Oct 27
Last Checked: Oct 26 at 2:34PM
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 845-square-foot residence has one bedroom and one bathroom, with an open living and dining area and a private balcony measuring 16 feet wide. The kitchen includes a gas range, breakfast bar, tile flooring, and stackable laundry. The bedroom has a walk-in closet, carpet, and an en suite bathroom. Parquet flooring remains in the living area, while floor-to-ceiling windows bring natural light into the bedroom.
Building amenities include a 24-hour front desk, swimming pool, fitness center with sauna, assigned underground parking, and storage. HVAC, electricity, gas, and water are included in the fee. The property is in Chevy Chase, near shopping, dining, and transit options in Friendship Heights. The building dates to 1973.
Building amenities include a 24-hour front desk, swimming pool, fitness center with sauna, assigned underground parking, and storage. HVAC, electricity, gas, and water are included in the fee. The property is in Chevy Chase, near shopping, dining, and transit options in Friendship Heights. The building dates to 1973.
Key Highlights
- 845‑square‑foot, one‑bedroom, one‑bathroom residence
- Private balcony is 16 feet wide
- Updated kitchen with gas range, breakfast bar, tile flooring, and stackable laundry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,952
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,040
$279.0K
Cap Rate 7%
$199,314
$199.3K
Cap Rate 9%
$155,022
$155.0K
Market Conditions
NOI Build-Up for 845 SF
Gross rent
$27.3K $32.28/SF
− Vacancy
−$1.9K −$2.26/SF
EGI
$25.4K $30.02/SF
− OpEx
−$11.4K −$13.51/SF
NOI
$14.0K $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%
$279,040
Cap Rate 7%
$199,314
Cap Rate 9%
$155,022
Alternative Uses
Best Use
Apartment 5plus
$199.3K
$174.4K – $232.5K
NOI $13,952 @ 7.0% cap · market cap 4.65%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$297.3K
$260.1K – $346.8K
NOI $20,808 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,259
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 - An updated kitchen, private balcony, and building amenities complement this one-bedroom residence.
Where is this residential income property located?
The property is located at 4620 N PARK AVENUE Unit 810E Chevy Chase, MD.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 845‑square‑foot, one‑bedroom, one‑bathroom residence; Private balcony is 16 feet wide; Updated kitchen with gas range, breakfast bar, tile flooring, and stackable laundry
