Three-Bedroom Residential Income
New
For Sale
$1,049,000
4982 SENTINEL DR #14-206, Bethesda, MD 20816
BETHESDA, MD
Property Size2,170 SF
Price / SF$483.41
Days on Market7
Property Features for 4982 SENTINEL DR #14-206
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
3
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 3, Bedroom 2, Bedroom 1
Subdivision
SUMNER VILLAGE
Elementary school
WOOD ACRES
Middle school
PYLE
High school
WALT WHITMAN
Elementary school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status
Active
Amenities
gated community
outdoor pool
pickleball
tennis
community center
community room
gym
library
game room
kitchen
walking paths
private gate to Crescent Trail
private gate to shopping plaza
storage cage
Building Details
Year built
1975
Listing Agency:
North Potomac/Rockville
(301) 975-9500
Listed By:
Nancy J Cameron
Added: Sep 18
Changed: Sep 22
Last Checked: Sep 24 at 7:06PM
MLS# MDMC2253770
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated condominium residence at 4982 Sentinel Dr includes three bedrooms, two full bathrooms, and one half bathroom within 2,170 square feet. The home also features garage parking, a dedicated storage cage, and access to an elevator in the building foyer. A garden-side entrance provides access at the property level.
The residence is part of a gated community in Bethesda, Maryland. Community amenities include an outdoor pool, pickleball and tennis courts, a community center with a gym, library, game room, kitchen, and meeting space, as well as extensive walking paths. Private gates connect the community with the Crescent Trail and an adjacent shopping plaza. The building was constructed in 1975.
The residence is part of a gated community in Bethesda, Maryland. Community amenities include an outdoor pool, pickleball and tennis courts, a community center with a gym, library, game room, kitchen, and meeting space, as well as extensive walking paths. Private gates connect the community with the Crescent Trail and an adjacent shopping plaza. The building was constructed in 1975.
Key Highlights
- Three‑bedroom, two‑and‑a‑half‑bath condominium with 2,170 square feet
- Garage parking and a storage cage off the garage
- Elevator access in the building foyer plus garden‑side entry at property level
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
$35,829
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
3.42%
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%
$716,580
$716.6K
Cap Rate 7%
$511,843
$511.8K
Cap Rate 9%
$398,100
$398.1K
Market Conditions
NOI Build-Up for 2,170 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
$70.0K $32.28/SF
− Vacancy
−$4.9K −$2.26/SF
EGI
$65.1K $30.02/SF
− OpEx
−$29.3K −$13.51/SF
NOI
$35.8K $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%
$716,580
Cap Rate 7%
$511,843
Cap Rate 9%
$398,100
Alternative Uses
Best Use
Apartment 5plus
$511.8K
$447.9K – $597.2K
NOI $35,829 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$763.4K
$667.9K – $890.6K
NOI $53,435 @ 7.0% cap · market cap 5.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
544
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated condominium residence in a gated community with extensive amenities, recreational facilities, and direct access to nearby trails and shopping.
Where is this residential income property located?
The property is located at 4982 SENTINEL DR #14-206 Bethesda, MD.
What is the asking price?
The asking price for this property is $1,049,000.
What are key features of this property?
This property features: Three‑bedroom, two‑and‑a‑half‑bath condominium with 2,170 square feet; Garage parking and a storage cage off the garage; Elevator access in the building foyer plus garden‑side entry at property level
