One-Bedroom
4977 BATTERY LANE Unit 1-204, Bethesda, MD 20814
For Sale
$234,900
Residents have access to a pool, fitness center, concierge service, and on-site management.
Property Size815 SF
Price / SF$288.22
Days on Market54
Property Features for 4977 BATTERY LANE Unit 1-204
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Public Transit
Taxes and HOA fees
Annual Taxes
Amenities
private balcony
outdoor pool
fitness center
concierge service
on-site management
parking
Building Details
Building Size
Year Built
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Jordan D Feld · License #652695
(301) 787-5613
Source:
Signaturemoverealestate
Added: Sep 16
Changed: Oct 31
Last Checked: Nov 7 at 10:06AM
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.
This one-bedroom condominium in Bethesda features an open living area, hardwood floors, and a private balcony. The kitchen has stainless steel appliances and tall cabinetry, while the bedroom offers generous closet space. The bathroom has ceramic tile, an upgraded vanity, stonework, and a glass shower enclosure. The building dates to 1963, and the unit’s lighting and appliances were updated in 2026.
The landscaped property spans seven acres and includes 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 property also offers access to major commuter routes serving Washington, D.C., and Northern Virginia.
The landscaped property spans seven acres and includes 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 property also offers access to major commuter routes serving Washington, D.C., and Northern Virginia.
Key Highlights
- One‑bedroom unit with a private balcony
- Hardwood floors and an open living area
- Kitchen appliances and lighting updated in 2026
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,457
Cap Rate
5.73%
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 5.73%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$286.7K
$250.9K – $334.5K
NOI $20,069 @ 7.0% cap · market cap 8.54%
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
$976,500
Median Home Value
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Market
Average Price Trend$/SF for Residential income properties in Montgomery County, MD
Properties on Market for Residential income properties in Montgomery County
Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to a pool, fitness center, concierge service, and on-site management.
Where is this residential income property located?
The property is located at 4977 BATTERY LANE Unit 1-204 Bethesda, MD.
What is the asking price?
The asking price for this property is $234,900.
What are key features of this property?
This property features: One‑bedroom unit with a private balcony; Hardwood floors and an open living area; Kitchen appliances and lighting updated in 2026
