Residential Income Property with
For Sale
$213,000
4977 BATTERY LANE Unit 1-119, Bethesda, MD 20814
The one-bedroom layout includes an open living area, updated kitchen and bath, and access to community amenities.
Property Size815 SF
Price / SF$261.35
Days on Market83
Property Features for 4977 BATTERY LANE Unit 1-119
General Information
Standard status
Active
Size
815 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,537
Amenities
private balcony
pool
fitness center
concierge service
on-site management
parking
Building Details
Building Size
815 SF
Year Built
1963
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 7
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 815-square-foot residential income property has one bedroom, an open living area, and a private balcony. Interior features include hardwood floors, fresh paint, updated lighting, and stainless steel kitchen appliances, all identified as 2026 updates. The bathroom has ceramic tile, an upgraded vanity, stonework, and a glass shower surround. The building dates to 1963.
The property is set within a landscaped 7-acre community with an outdoor pool, fitness center, concierge service, on-site management, and parking. Bethesda and Medical Center Metro stations are nearby, along with shops, restaurants, and grocery stores. The listing also notes access to Washington, D.C., Northern Virginia, and major commuter routes.
The property is set within a landscaped 7-acre community with an outdoor pool, fitness center, concierge service, on-site management, and parking. Bethesda and Medical Center Metro stations are nearby, along with shops, restaurants, and grocery stores. The listing also notes access to Washington, D.C., Northern Virginia, and major commuter routes.
Key Highlights
- 815‑square‑foot one‑bedroom residence with a private balcony
- Hardwood floors, fresh paint, lighting, and stainless steel kitchen appliances updated in 2026
- Bathroom features ceramic tile, upgraded vanity, stonework, and a glass shower surround
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,457
Cap Rate
6.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$269,140
$269.1K
Cap Rate 7%
$192,243
$192.2K
Cap Rate 9%
$149,522
$149.5K
Market Conditions
NOI Build-Up for 815 SF
Gross rent
$26.3K $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%
$269,140
Cap Rate 7%
$192,243
Cap Rate 9%
$149,522
Alternative Uses
Best Use
Apartment 5plus
$192.2K
$168.2K – $224.3K
NOI $13,457 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$286.7K
$250.9K – $334.5K
NOI $20,069 @ 7.0% cap · market cap 9.42%
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
4,029
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 one-bedroom layout includes an open living area, updated kitchen and bath, and access to community amenities.
Where is this residential income property located?
The property is located at 4977 BATTERY LANE Unit 1-119 Bethesda, MD.
What is the asking price?
The asking price for this property is $213,000.
What are key features of this property?
This property features: 815‑square‑foot one‑bedroom residence with a private balcony; Hardwood floors, fresh paint, lighting, and stainless steel kitchen appliances updated in 2026; Bathroom features ceramic tile, upgraded vanity, stonework, and a glass shower surround
