Updated Two-Bedroom Co-op
For Sale
$569,000
1000 NEW JERSEY AVENUE SE Unit 811, Washington, DC 20003
Eighth-floor residence with garage parking, renovated finishes, high ceilings, and access to extensive full-service building amenities.
Property Size1,050 SF
Days on Market23
Property Features for 1000 NEW JERSEY AVENUE SE Unit 811
General Information
Standard status
Active
Size
1,050 SF
Property subtype
Unit/Flat/Apartment
Financials
Asking Price
$579,000
HOA Fee
$583
Units
Unit Mix
2BR/2BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,408
Amenities
24-hour concierge
Fitness Center
Indoor Pool & Spa
resident lounge and club room
landscaped courtyard with water feature
gas grills and multiple dining/seating areas
On-site Sweetgreen Outpost
complimentary Starbucks coffee bar
in-unit laundry
Building Details
Building Size
1,050 SF
Year Built
2006
Listing Agency:
Compass
Listed By:
Christopher M Coppola · License #SP98369956
(781) 696-8130
Source:
Kwcapitalproperties
Added: Sep 15
Changed: Oct 3
Last Checked: Oct 5 at 9:33PM
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 Compass
Investment Insights
Based on property information with market context.
This eighth-floor, two-bedroom, two-bathroom co-op residence was built in 2006 and includes garage parking. The updated interior features floor-to-ceiling windows, high ceilings, wide-plank wood flooring, new bedroom carpeting, and an open kitchen with Quartz counters, a gas range, LG stainless appliances, maple cabinetry, and a pantry closet. Additional features include in-unit front-load laundry, a large dining area, two walk-in closets, and abundant natural light.
Residents have access to a 24-hour concierge, renovated fitness center, indoor pool and spa, lounge and club room, landscaped courtyard with water feature, gas grills, dining areas, an on-site Sweetgreen Outpost, and a complimentary Starbucks coffee bar. Hallways and common areas have also been renovated. The property is one block from Metro and Whole Foods, and two blocks from Yards Park, Harris Teeter, Vida, restaurants, and bars. The co-op permits rentals with a six-month minimum lease.
Residents have access to a 24-hour concierge, renovated fitness center, indoor pool and spa, lounge and club room, landscaped courtyard with water feature, gas grills, dining areas, an on-site Sweetgreen Outpost, and a complimentary Starbucks coffee bar. Hallways and common areas have also been renovated. The property is one block from Metro and Whole Foods, and two blocks from Yards Park, Harris Teeter, Vida, restaurants, and bars. The co-op permits rentals with a six-month minimum lease.
Key Highlights
- Two‑bedroom, two‑bathroom residence on the 8th floor
- Garage parking included
- Floor‑to‑ceiling windows, high ceilings, and abundant natural light
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,446
Cap Rate
3.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$348,920
$348.9K
Cap Rate 7%
$249,229
$249.2K
Cap Rate 9%
$193,844
$193.8K
Market Conditions
NOI Build-Up for 1,050 SF
Gross rent
$33.4K $31.80/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$31.7K $30.21/SF
− OpEx
−$14.3K −$13.59/SF
NOI
$17.4K $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%
$348,920
Cap Rate 7%
$249,229
Cap Rate 9%
$193,844
Alternative Uses
Best Use
Apartment 5plus
$249.2K
$218.1K – $290.8K
NOI $17,446 @ 7.0% cap · market cap 3.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$540.1K
$472.6K – $630.1K
NOI $37,806 @ 7.0% cap · market cap 6.64%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Eighth-floor residence with garage parking, renovated finishes, high ceilings, and access to extensive full-service building amenities.
Where is this residential income property located?
The property is located at 1000 NEW JERSEY AVENUE SE Unit 811 Washington, DC.
What is the asking price?
The asking price for this property is $569,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom residence on the 8th floor; Garage parking included; Floor‑to‑ceiling windows, high ceilings, and abundant natural light
