Two-Bedroom Apartment with
For Sale
$405,000
4801 FAIRMONT AVENUE Unit 810, Bethesda, MD 20814
The 817-square-foot residence combines two bedrooms and one bath with an updated kitchen and a balcony.
Property Size817 SF
Price / SF$495.72
Days on Market73
Property Features for 4801 FAIRMONT AVENUE Unit 810
General Information
Standard status
Active
Size
817 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,110
Amenities
balcony
updated kitchen
stainless steel appliances
renovated bathroom
heated floors
washer/dryer
Building Details
Building Size
817 SF
Year Built
1990
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Jane Fairweather · License #75353
(240) 223-4663
Source:
Canopy-re
Added: Aug 17
Changed: Oct 26
Last Checked: Oct 26 at 2:39PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Located at 4801 Fairmont Avenue in Bethesda, this 817-square-foot apartment was built in 1990 and has two bedrooms and one bathroom. Its layout includes an entry hall with coat storage and a combined living and dining area opening to a balcony. Both bedrooms have sliding glass windows; the primary bedroom also offers two closets with built-in storage.
The kitchen has stainless steel appliances and a new refrigerator. Recent improvements include a heater, air conditioning system, and thermostat, along with a bathroom finished with marble and heated floors. A washer and dryer installed in 2026 complete the unit. Garage parking may be available for rent when spaces are available.
The kitchen has stainless steel appliances and a new refrigerator. Recent improvements include a heater, air conditioning system, and thermostat, along with a bathroom finished with marble and heated floors. A washer and dryer installed in 2026 complete the unit. Garage parking may be available for rent when spaces are available.
Key Highlights
- 817‑square‑foot apartment with two bedrooms and one bathroom
- Balcony and sliding glass windows in both bedrooms
- Kitchen with stainless steel appliances and a new refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,490
Cap Rate
3.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,800
$269.8K
Cap Rate 7%
$192,714
$192.7K
Cap Rate 9%
$149,889
$149.9K
Market Conditions
NOI Build-Up for 817 SF
Gross rent
$26.4K $32.28/SF
− Vacancy
−$1.8K −$2.26/SF
EGI
$24.5K $30.02/SF
− OpEx
−$11.0K −$13.51/SF
NOI
$13.5K $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%
$269,800
Cap Rate 7%
$192,714
Cap Rate 9%
$149,889
Alternative Uses
Best Use
Apartment 5plus
$192.7K
$168.6K – $224.8K
NOI $13,490 @ 7.0% cap · market cap 3.33%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$287.4K
$251.5K – $335.3K
NOI $20,118 @ 7.0% cap · market cap 4.97%
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 - The 817-square-foot residence combines two bedrooms and one bath with an updated kitchen and a balcony.
Where is this residential income property located?
The property is located at 4801 FAIRMONT AVENUE Unit 810 Bethesda, MD.
What is the asking price?
The asking price for this property is $405,000.
What are key features of this property?
This property features: 817‑square‑foot apartment with two bedrooms and one bathroom; Balcony and sliding glass windows in both bedrooms; Kitchen with stainless steel appliances and a new refrigerator
