Residential Income Property with
For Sale
$675,000
4924 SENTINEL DRIVE Unit 2-404, Bethesda, MD 20816
Move-in-ready top-floor condo with a large balcony, wood-burning fireplace, and updated kitchen and bathrooms.
Property Size1,410 SF
Days on Market11
Property Features for 4924 SENTINEL DRIVE Unit 2-404
General Information
Standard status
Active
Size
1,410 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Amenities
pickleball courts
tennis courts
walking trails
outdoor pool
community center
library
private party room
wood-burning fireplace
balcony
private gated entry
additional main-level storage unit
Building Details
Building Size
1,410 SF
Year Built
1973
Listing Agency:
TTR Sotheby's International Realty
(301) 908-9111
Listed By:
Kari S Wilner · License #300546
(301) 908-9111
Source:
Barnesrealestatecompany
Added: Jul 24
Changed: Jul 30
Last Checked: Aug 3 at 11:25AM
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 TTR Sotheby's International Realty
Investment Insights
Based on property information with market context.
Set within Sumner Village, a secure, gated enclave of 395 condominiums on 28 wooded acres, this top-floor condo at 4924 Sentinel Drive (Unit 2-404) offers private, elevated living with a spacious balcony overlooking the treetops. The home has been freshly painted and renovated by the current owner and features a no step-down living area, along with a wood-burning fireplace in the living space.
The eat-in kitchen includes 42-inch cabinetry, stainless steel appliances, and a full-sized washer and dryer. Bathrooms have been reconfigured for efficient use of space, and the home offers abundant closet storage, plus an additional main-level storage unit for seasonal items or extra belongings.
Sumner Village residents enjoy on-site resort-style amenities including pickleball and tennis courts, scenic walking trails, an outdoor pool, and a community center with a library and a private party room. The property was built in 1973.
The eat-in kitchen includes 42-inch cabinetry, stainless steel appliances, and a full-sized washer and dryer. Bathrooms have been reconfigured for efficient use of space, and the home offers abundant closet storage, plus an additional main-level storage unit for seasonal items or extra belongings.
Sumner Village residents enjoy on-site resort-style amenities including pickleball and tennis courts, scenic walking trails, an outdoor pool, and a community center with a library and a private party room. The property was built in 1973.
Key Highlights
- Top‑floor condo with spacious balcony overlooking treetops
- Freshly painted and renovated by the current owner
- No step‑down living area plus a wood‑burning fireplace
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.5k | $32.28 |
| − Vacancy | −$3.2k | −$2.26 |
| EGI | $42.3k | $30.02 |
| − OpEx | −$19.0k | −$13.51 |
| NOI | $23.3k | $16.51 |
1,410 SF · lease $32.28/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$332.6K
$291.0K – $388.0K
NOI $23,281 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$496.0K
$434.0K – $578.7K
NOI $34,720 @ 7.0% cap · market cap 5.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
539
Businesses Nearby
Explore this area
Business Placement
Demographics for 20816, MD
17,035
Population
6,779
Households
2.5
Avg Household Size
45
Median Age
89%
College-Educated
98%
High-School Grad
3.6 sq mi
ZIP Area
4,732
Density / Sq Mi
$231,284
Median Household Income
$112,963
Median Earnings
$2,723
Median Rent
$1,166,100
Median Home Value
Market
Properties on Market for Residential income properties in Montgomery County
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Frequently Asked Questions
What type of property is this?
Residential income property - Move-in-ready top-floor condo with a large balcony, wood-burning fireplace, and updated kitchen and bathrooms.
Where is this residential income property located?
The property is located at 4924 SENTINEL DRIVE Unit 2-404 Bethesda, MD.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Top‑floor condo with spacious balcony overlooking treetops; Freshly painted and renovated by the current owner; No step‑down living area plus a wood‑burning fireplace
