Residential Income Condo with
For Sale
$305,000
4800 CHEVY CHASE DRIVE Unit 308, Chevy Chase, MD 20815
The 863-square-foot residence includes a separate flex room, dedicated parking, and a private storage unit.
Property Size863 SF
Price / SF$353.42
Days on Market19
Property Features for 4800 CHEVY CHASE DRIVE Unit 308
General Information
Standard status
Active
Size
863 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,103
Amenities
laundry room
Building Details
Building Size
863 SF
Year Built
1962
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 10
Changed: Oct 27
Last Checked: Oct 26 at 2:49PM
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 863-square-foot condominium at The Bradley House has one bedroom, a walk-in closet, and a separate room with flexible use. Interior features include hardwood floors, a kitchen with granite countertops and travertine tile, and a bathroom with marble flooring. Newer windows and convector units are also in place. A dedicated parking space and separate storage unit accompany the residence; utilities are included in the condo fee. Laundry rooms are available on each floor, and cats and dogs up to 25 pounds are permitted.
At 4800 Chevy Chase Drive in Bethesda, the building is within walking distance of Metro service, restaurants, shops, Trader Joe’s, Safeway, and Target. The Capital Crescent Trail and Norwood Park are accessible nearby.
At 4800 Chevy Chase Drive in Bethesda, the building is within walking distance of Metro service, restaurants, shops, Trader Joe’s, Safeway, and Target. The Capital Crescent Trail and Norwood Park are accessible nearby.
Key Highlights
- 863‑square‑foot condominium at The Bradley House
- One bedroom, walk‑in closet, and separate flex room
- Granite kitchen countertops, travertine tile, and marble bathroom flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,249
Cap Rate
4.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$284,980
$285.0K
Cap Rate 7%
$203,557
$203.6K
Cap Rate 9%
$158,322
$158.3K
Market Conditions
NOI Build-Up for 863 SF
Gross rent
$27.9K $32.28/SF
− Vacancy
−$2.0K −$2.26/SF
EGI
$25.9K $30.02/SF
− OpEx
−$11.7K −$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%
$284,980
Cap Rate 7%
$203,557
Cap Rate 9%
$158,322
Alternative Uses
Best Use
Apartment 5plus
$203.6K
$178.1K – $237.5K
NOI $14,249 @ 7.0% cap · market cap 4.67%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$303.6K
$265.6K – $354.2K
NOI $21,251 @ 7.0% cap · market cap 6.97%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,505
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 - The 863-square-foot residence includes a separate flex room, dedicated parking, and a private storage unit.
Where is this residential income property located?
The property is located at 4800 CHEVY CHASE DRIVE Unit 308 Chevy Chase, MD.
What is the asking price?
The asking price for this property is $305,000.
What are key features of this property?
This property features: 863‑square‑foot condominium at The Bradley House; One bedroom, walk‑in closet, and separate flex room; Granite kitchen countertops, travertine tile, and marble bathroom flooring
