Updated One-Bedroom
For Sale
$305,000
4801 FAIRMONT AVENUE Unit 712, Bethesda, MD 20814
An open living and dining area connects to a private balcony, with full-size laundry and garage parking available for rent.
Property Size634 SF
Price / SF$481.07
Days on Market84
Property Features for 4801 FAIRMONT AVENUE Unit 712
General Information
Standard status
Active
Size
634 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
$3,540
Amenities
balcony
secured entrance with 24-hour video surveillance
in-unit washer and dryer
granite countertops
stainless steel appliances
luxury vinyl plank flooring
fresh paint
updated lighting
newly installed thermostat
walk-in closet
renovated bathroom with granite vanity and tiled tub and shower
Building Details
Building Size
634 SF
Year Built
1990
Listing Agency:
Keller Williams Capital Properties
Listed By:
Marc S Luger · License #527338
(240) 876-4446
Source:
Jackrealtygroup
Added: Aug 6
Changed: Oct 26
Last Checked: Oct 26 at 3:41PM
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 Keller Williams Capital Properties
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Investment Insights
Based on property information with market context.
This 634-square-foot condominium has one bedroom and one bathroom, with an open living and dining space, floor-to-ceiling windows, and a private balcony. Recent interior work includes luxury vinyl plank flooring, fresh paint, revised lighting, and a new thermostat. The kitchen has granite counters and stainless steel appliances replaced in 2026. The bathroom has a granite vanity and tiled tub and shower. A full-size washer and dryer are included, and the building has a secured entry with 24-hour video surveillance. Private garage parking is available for rent.
The home is in downtown Bethesda, three blocks from the Bethesda Metro Station. The NIH campus, Walter Reed National Military Medical Center, Capital Crescent Trail, parks, restaurants, shops, and cultural attractions are nearby.
The home is in downtown Bethesda, three blocks from the Bethesda Metro Station. The NIH campus, Walter Reed National Military Medical Center, Capital Crescent Trail, parks, restaurants, shops, and cultural attractions are nearby.
Key Highlights
- 634‑square‑foot condominium with one bedroom and one bathroom
- Private balcony and floor‑to‑ceiling windows
- Stainless steel kitchen appliances replaced in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,468
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$209,360
$209.4K
Cap Rate 7%
$149,543
$149.5K
Cap Rate 9%
$116,311
$116.3K
Market Conditions
NOI Build-Up for 634 SF
Gross rent
$20.5K $32.28/SF
− Vacancy
−$1.4K −$2.26/SF
EGI
$19.0K $30.02/SF
− OpEx
−$8.6K −$13.51/SF
NOI
$10.5K $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%
$209,360
Cap Rate 7%
$149,543
Cap Rate 9%
$116,311
Alternative Uses
Best Use
Apartment 5plus
$149.5K
$130.9K – $174.5K
NOI $10,468 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$223.0K
$195.2K – $260.2K
NOI $15,612 @ 7.0% cap · market cap 5.12%
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
6,763
Businesses Nearby
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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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Frequently Asked Questions
What type of property is this?
Residential income property - An open living and dining area connects to a private balcony, with full-size laundry and garage parking available for rent.
Where is this residential income property located?
The property is located at 4801 FAIRMONT AVENUE Unit 712 Bethesda, 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: 634‑square‑foot condominium with one bedroom and one bathroom; Private balcony and floor‑to‑ceiling windows; Stainless steel kitchen appliances replaced in 2026
