High-Floor Cooperative
For Sale
$295,000
1000 NEW JERSEY AVENUE SE Unit 1113, Washington, DC 20003
A one-bedroom corner home includes central air, in-unit laundry, and access to full-service building amenities.
Property Size696 SF
Price / SF$423.85
Days on Market77
Property Features for 1000 NEW JERSEY AVENUE SE Unit 1113
General Information
Standard status
Active
Size
696 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southeast
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,021,058
Amenities
24-hour concierge
fitness facilities
indoor swimming pool and spa
resident lounges
landscaped outdoor spaces
grilling stations
in-unit laundry
central air
Building Details
Building Size
696 SF
Year Built
2006
Listing Agency:
TTR Sotheby's International Realty
Listed By:
IOANNIS KONSTANTOPOULOS · License #SP98375354
(202) 957-3339
Source:
Jackrealtygroup
Added: Aug 13
Changed: Oct 27
Last Checked: Oct 26 at 2:26PM
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 TTR Sotheby's International Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 696-square-foot cooperative residence occupies a corner position on the 11th floor of a building completed in 2006. The one-bedroom layout has blonde wood flooring, a contemporary kitchen with newer appliances, central air, in-unit laundry, and an oversized closet with a dressing area. The home has been freshly painted and includes newer systems.
Residents have access to a 24-hour concierge, fitness facilities, an indoor pool and spa, lounges, landscaped outdoor areas, and grilling stations. Metro is one block away, with Yards Park, Nationals Park, the Capitol Riverfront, restaurants, shops, and entertainment nearby.
The cooperative permits future rentals after its required owner-occupancy period, subject to board rules and approval.
Residents have access to a 24-hour concierge, fitness facilities, an indoor pool and spa, lounges, landscaped outdoor areas, and grilling stations. Metro is one block away, with Yards Park, Nationals Park, the Capitol Riverfront, restaurants, shops, and entertainment nearby.
The cooperative permits future rentals after its required owner-occupancy period, subject to board rules and approval.
Key Highlights
- 696‑square‑foot, one‑bedroom corner residence on the 11th floor
- Building completed in 2006
- Central air, in‑unit laundry, and newer systems
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,564
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,280
$231.3K
Cap Rate 7%
$165,200
$165.2K
Cap Rate 9%
$128,489
$128.5K
Market Conditions
NOI Build-Up for 696 SF
Gross rent
$22.1K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$21.0K $30.21/SF
− OpEx
−$9.5K −$13.59/SF
NOI
$11.6K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$231,280
Cap Rate 7%
$165,200
Cap Rate 9%
$128,489
Alternative Uses
Best Use
Apartment 5plus
$165.2K
$144.6K – $192.7K
NOI $11,564 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$358.0K
$313.3K – $417.7K
NOI $25,060 @ 7.0% cap · market cap 8.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,548
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom corner home includes central air, in-unit laundry, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 1000 NEW JERSEY AVENUE SE Unit 1113 Washington, DC.
What is the asking price?
The asking price for this property is $295,000.
What are key features of this property?
This property features: 696‑square‑foot, one‑bedroom corner residence on the 11th floor; Building completed in 2006; Central air, in‑unit laundry, and newer systems
