Residential Income Property with
For Sale
$579,900
4936 SENTINEL DRIVE Unit 5-401, Bethesda, MD 20816
Two-bedroom condominium with two full baths, tandem parking, gated access, and shared recreational amenities.
Property Size1,391 SF
Price / SF$416.89
Days on Market46
Property Features for 4936 SENTINEL DRIVE Unit 5-401
General Information
Standard status
Active
Size
1,391 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,525
Amenities
outdoor pool
tennis courts
clubhouse
jogging and walking paths
private gated access
fireplace
private balcony
Building Details
Building Size
1,391 SF
Year Built
1973
Listing Agency:
American Eagle Realty, INC
(717) 515-4903
Listed By:
Bradley D. Snouffer · License #607337-01
(717) 515-4903
Source:
Kerishull
Added: Jul 17
Changed: Aug 31
Last Checked: Aug 31 at 12:22AM
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 American Eagle Realty, INC
Investment Insights
Based on property information with market context.
This residential income property is a 1,391-square-foot condominium built in 1973. The interior includes an open layout with a formal living room, fireplace, private balcony, dining room, kitchen, two bedrooms, and two full baths. The balcony overlooks the courtyard, while two tandem parking spaces are included outside the building.
The residence is within the Sumner Village community, which provides gated access, an outdoor pool, tennis courts, a clubhouse, and landscaped jogging and walking paths. The property is located in Bethesda, Maryland, within driving distance of hospitals, shopping centers, restaurants, and public transportation, with access to Baltimore, Washington, D.C., and Pennsylvania. The condominium is offered as-is and requires cash or rehab financing.
The residence is within the Sumner Village community, which provides gated access, an outdoor pool, tennis courts, a clubhouse, and landscaped jogging and walking paths. The property is located in Bethesda, Maryland, within driving distance of hospitals, shopping centers, restaurants, and public transportation, with access to Baltimore, Washington, D.C., and Pennsylvania. The condominium is offered as-is and requires cash or rehab financing.
Key Highlights
- 1,391‑square‑foot condominium built in 1973
- Two bedrooms and two full baths
- Private courtyard‑facing balcony and living room fireplace
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$22,967
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,340
$459.3K
Cap Rate 7%
$328,100
$328.1K
Cap Rate 9%
$255,189
$255.2K
Market Conditions
NOI Build-Up for 1,391 SF
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.
Gross rent
$44.9K $32.28/SF
− Vacancy
−$3.1K −$2.26/SF
EGI
$41.8K $30.02/SF
− OpEx
−$18.8K −$13.51/SF
NOI
$23.0K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$459,340
Cap Rate 7%
$328,100
Cap Rate 9%
$255,189
Alternative Uses
Best Use
Apartment 5plus
$328.1K
$287.1K – $382.8K
NOI $22,967 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$489.3K
$428.2K – $570.9K
NOI $34,252 @ 7.0% cap · market cap 5.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom condominium with two full baths, tandem parking, gated access, and shared recreational amenities.
Where is this residential income property located?
The property is located at 4936 SENTINEL DRIVE Unit 5-401 Bethesda, MD.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: 1,391‑square‑foot condominium built in 1973; Two bedrooms and two full baths; Private courtyard‑facing balcony and living room fireplace
