Residential Property in Washington,
For Sale
$575,100
1000 NEW JERSEY AVENUE SE Unit 513, Washington, DC 20003
Residential property for sale in Washington, DC.
Property Size1,033 SF
Days on Market337
Property Features for 1000 NEW JERSEY AVENUE SE Unit 513
General Information
Standard status
Active
Size
1,033 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southeast
Taxes and HOA fees
Annual Taxes
$1,029,655
Building Details
Building Size
1,033 SF
Year Built
2006
Listing Agency:
Keller Williams Capital Properties
Listed By:
Harrison l Beacher · License #sp98368550
(301) 448-6569
Source:
Kwcapitalproperties
Added: Nov 27, 2025
Changed: Oct 25
Last Checked: Oct 28 at 5:21PM
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 Keller Williams Capital Properties
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
A residential property is available for purchase in Washington, DC. The list price is $389,900.
Key Highlights
- Year Built: 2006
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,164
Cap Rate
2.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$343,280
$343.3K
Cap Rate 7%
$245,200
$245.2K
Cap Rate 9%
$190,711
$190.7K
Market Conditions
NOI Build-Up for 1,033 SF
Gross rent
$32.8K $31.80/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$31.2K $30.21/SF
− OpEx
−$14.0K −$13.59/SF
NOI
$17.2K $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%
$343,280
Cap Rate 7%
$245,200
Cap Rate 9%
$190,711
Alternative Uses
Best Use
Apartment 5plus
$245.2K
$214.6K – $286.1K
NOI $17,164 @ 7.0% cap · market cap 2.98%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$531.3K
$464.9K – $619.9K
NOI $37,194 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Residential property for sale in Washington, DC.
Where is this apartment building located?
The property is located at 1000 NEW JERSEY AVENUE SE Unit 513 Washington, DC.
What is the asking price?
The asking price for this property is $575,100.
What are key features of this property?
This property features: Year Built: 2006
