One-Bedroom Residential Income
For Sale
$239,900
4977 BATTERY LANE Unit 1-909, Bethesda, MD 20814
Updated interiors, a private balcony, and access to community amenities distinguish this Bethesda residence.
Property Size822 SF
Price / SF$291.85
Days on Market28
Property Features for 4977 BATTERY LANE Unit 1-909
General Information
Standard status
Active
Size
822 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,691
Amenities
private balcony
outdoor pool
fitness center
concierge
on-site management
Building Details
Building Size
822 SF
Year Built
1963
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Jordan D Feld · License #652695
(301) 787-5613
Source:
Jackrealtygroup
Added: Oct 1
Changed: Oct 27
Last Checked: Oct 26 at 3:38PM
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 residence has hardwood floors, fresh paint, updated light fixtures, and a layout with separate living and dining areas. The renovated kitchen includes quartz counters, stainless steel appliances, under-cabinet lighting, and tall cabinets. The bedroom has ample closet space, while the bathroom features floor-to-ceiling ceramic tile and an upgraded vanity. A private balcony faces trees and green space.
The Whitehall community occupies seven landscaped acres and provides an outdoor pool, fitness center, concierge, on-site management, and ample parking. Bethesda and Medical Center Metro stations are identified as nearby, along with Bethesda Circulator stops. Shops and restaurants in the surrounding Bethesda area include Harris Teeter, Trader Joe's, Apple, and Olazzo.
The Whitehall community occupies seven landscaped acres and provides an outdoor pool, fitness center, concierge, on-site management, and ample parking. Bethesda and Medical Center Metro stations are identified as nearby, along with Bethesda Circulator stops. Shops and restaurants in the surrounding Bethesda area include Harris Teeter, Trader Joe's, Apple, and Olazzo.
Key Highlights
- One‑bedroom residence with a private balcony facing trees and green space
- Renovated kitchen with quartz countertops and stainless steel appliances
- Whitehall community spans seven landscaped acres
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,572
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$271,440
$271.4K
Cap Rate 7%
$193,886
$193.9K
Cap Rate 9%
$150,800
$150.8K
Market Conditions
NOI Build-Up for 822 SF
Gross rent
$26.5K $32.28/SF
− Vacancy
−$1.9K −$2.26/SF
EGI
$24.7K $30.02/SF
− OpEx
−$11.1K −$13.51/SF
NOI
$13.6K $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%
$271,440
Cap Rate 7%
$193,886
Cap Rate 9%
$150,800
Alternative Uses
Best Use
Apartment 5plus
$193.9K
$169.7K – $226.2K
NOI $13,572 @ 7.0% cap · market cap 5.66%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$289.2K
$253.0K – $337.4K
NOI $20,241 @ 7.0% cap · market cap 8.44%
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 - Updated interiors, a private balcony, and access to community amenities distinguish this Bethesda residence.
Where is this residential income property located?
The property is located at 4977 BATTERY LANE Unit 1-909 Bethesda, MD.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: One‑bedroom residence with a private balcony facing trees and green space; Renovated kitchen with quartz countertops and stainless steel appliances; Whitehall community spans seven landscaped acres
