Two-Story Income
For Sale
$649,000
8101 CONNECTICUT AVENUE Unit S-410, Chevy Chase, MD 20815
Condominium residence with separate bedroom level, private balconies, parking, and storage.
Property Size1,546 SF
Days on Market52
Property Features for 8101 CONNECTICUT AVENUE Unit S-410
General Information
Standard status
Active
Size
1,546 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Additional Details
Road Access
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,214
Amenities
private balcony
storage units
Building Details
Building Size
1,546 SF
Year Built
1982
Listing Agency:
Washington Fine Properties
Listed By:
Alyssa A Crilley · License #594463
(301) 325-0079
Source:
Barnesrealestatecompany
Added: Sep 8
Changed: Oct 25
Last Checked: Oct 28 at 5:29PM
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 Washington Fine Properties
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Investment Insights
Based on property information with market context.
This two-story condominium residence combines a house-like layout with condominium convenience. The main level includes an open living and dining arrangement, custom built-ins, a kitchen connected to the primary living areas, and a private balcony. The upper level contains two bedroom suites, each with an ensuite full bathroom, along with a second balcony shared by the bedrooms.
The property includes two parking spaces and two storage units. Built in 1982, it is located along Connecticut Avenue in Chevy Chase, near the Capital Crescent Trail, dining, shopping, and commuting routes serving Washington, D.C., and Bethesda.
The property includes two parking spaces and two storage units. Built in 1982, it is located along Connecticut Avenue in Chevy Chase, near the Capital Crescent Trail, dining, shopping, and commuting routes serving Washington, D.C., and Bethesda.
Key Highlights
- Two‑story condominium residence with distinct living and bedroom levels
- Two bedroom suites, each with an ensuite full bathroom
- Two private balconies, including one accessible from both bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,526
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$510,520
$510.5K
Cap Rate 7%
$364,657
$364.7K
Cap Rate 9%
$283,622
$283.6K
Market Conditions
NOI Build-Up for 1,546 SF
Gross rent
$49.9K $32.28/SF
− Vacancy
−$3.5K −$2.26/SF
EGI
$46.4K $30.02/SF
− OpEx
−$20.9K −$13.51/SF
NOI
$25.5K $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%
$510,520
Cap Rate 7%
$364,657
Cap Rate 9%
$283,622
Alternative Uses
Best Use
Apartment 5plus
$364.7K
$319.1K – $425.4K
NOI $25,526 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$543.8K
$475.9K – $634.5K
NOI $38,069 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
680
Businesses Nearby
Explore this area
Business Placement
Demographics for 20815, MD
31,517
Population
14,192
Households
2.2
Avg Household Size
46
Median Age
85%
College-Educated
98%
High-School Grad
5.4 sq mi
ZIP Area
5,836
Density / Sq Mi
$198,243
Median Household Income
$106,711
Median Earnings
$2,408
Median Rent
$1,230,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with separate bedroom level, private balconies, parking, and storage.
Where is this residential income property located?
The property is located at 8101 CONNECTICUT AVENUE Unit S-410 Chevy Chase, MD.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Two‑story condominium residence with distinct living and bedroom levels; Two bedroom suites, each with an ensuite full bathroom; Two private balconies, including one accessible from both bedrooms
