Short-Term Rental
For Sale
$310,000
4801 FAIRMONT AVENUE Unit 403, Bethesda, MD 20814
One-bedroom, one-bath residence in a building that permits short-term rentals.
Property Size626 SF
Price / SF$495.21
Days on Market77
Property Features for 4801 FAIRMONT AVENUE Unit 403
General Information
Standard status
Active
Size
626 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,482
Building Details
Building Size
626 SF
Year Built
1990
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 13
Changed: Oct 27
Last Checked: Oct 26 at 2:41PM
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 626-square-foot condominium has one bedroom and one bathroom. Built in 1990, the unit is located in a building that permits short-term rentals, and it may also be used as a long-term rental. Natural light is noted as a feature of the residence.
The property is in Bethesda, steps from the Bethesda Metro Station and blocks from the National Institutes of Health. Dining, shopping, and entertainment are also nearby, supporting access to neighborhood services and transit.
The property is in Bethesda, steps from the Bethesda Metro Station and blocks from the National Institutes of Health. Dining, shopping, and entertainment are also nearby, supporting access to neighborhood services and transit.
Key Highlights
- Building permits short‑term rentals
- 626‑square‑foot unit with one bedroom and one bathroom
- Built in 1990
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,336
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$206,720
$206.7K
Cap Rate 7%
$147,657
$147.7K
Cap Rate 9%
$114,844
$114.8K
Market Conditions
NOI Build-Up for 626 SF
Gross rent
$20.2K $32.28/SF
− Vacancy
−$1.4K −$2.26/SF
EGI
$18.8K $30.02/SF
− OpEx
−$8.5K −$13.51/SF
NOI
$10.3K $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%
$206,720
Cap Rate 7%
$147,657
Cap Rate 9%
$114,844
Alternative Uses
Best Use
Apartment 5plus
$147.7K
$129.2K – $172.3K
NOI $10,336 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$220.2K
$192.7K – $256.9K
NOI $15,415 @ 7.0% cap · market cap 4.97%
Zoning and permitted uses should be independently verified with authorities.
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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
6,763
Businesses Nearby
Explore this area
Business Placement
Demographics for 20814, MD
31,919
Population
15,388
Households
2.1
Avg Household Size
41
Median Age
84%
College-Educated
98%
High-School Grad
4.5 sq mi
ZIP Area
7,093
Density / Sq Mi
$150,401
Median Household Income
$90,050
Median Earnings
$2,329
Median Rent
$976,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Short term rental property - One-bedroom, one-bath residence in a building that permits short-term rentals.
Where is this short term rental property located?
The property is located at 4801 FAIRMONT AVENUE Unit 403 Bethesda, MD.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: Building permits short‑term rentals; 626‑square‑foot unit with one bedroom and one bathroom; Built in 1990
