Studio Residential Income
New
For Sale
$270,000
1000 NEW JERSEY AVENUE SE Unit 525, Washington, DC 20003
Cooperative ownership includes property taxes in the monthly fee and an allocated underlying mortgage.
Property Size556 SF
Days on Market4
Property Features for 1000 NEW JERSEY AVENUE SE Unit 525
General Information
Standard status
Active
Size
556 SF
Property subtype
Penthouse Unit/Flat/Apartment
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
Public Transit
Yes
Amenities
24-hour concierge
indoor swimming pool
fitness center
resident lounge
community spaces
landscaped outdoor areas
grilling stations
pet friendly
Building Details
Building Size
556 SF
Year Built
2006
Listing Agency:
Compass
Listed By:
Kyra Erika Agarwal · License #Sp200204432
(424) 666-9202
Source:
Kwcapitalproperties
Added: Oct 5
Changed: Oct 7
Last Checked: Oct 7 at 2:51PM
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.
Residence 525 is a studio in Capitol Hill Tower, a cooperative building completed in 2006. The unit has an open layout and natural light. Building amenities include a 24-hour concierge, indoor pool, fitness center, resident lounge, shared community areas, landscaped outdoor space, and grilling stations. The building permits pets, and its rental policies provide flexibility for owners.
A Metro station and Whole Foods are one block away. Yards Park, the Capitol Riverfront, Nationals Park, Harris Teeter, Vida Fitness, restaurants, cafés, and nightlife are also nearby, with Capitol Hill and downtown Washington a short distance away.
Property taxes are included in the monthly fee. The residence also carries an allocated portion of the building’s underlying mortgage, reducing the amount paid toward the unit at settlement.
A Metro station and Whole Foods are one block away. Yards Park, the Capitol Riverfront, Nationals Park, Harris Teeter, Vida Fitness, restaurants, cafés, and nightlife are also nearby, with Capitol Hill and downtown Washington a short distance away.
Property taxes are included in the monthly fee. The residence also carries an allocated portion of the building’s underlying mortgage, reducing the amount paid toward the unit at settlement.
Key Highlights
- Studio residence in Capitol Hill Tower, a cooperative building completed in 2006
- 24‑hour concierge, indoor pool, fitness center, resident lounge, landscaped grounds, and grilling stations
- Metro and Whole Foods are one block away
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,238
Cap Rate
3.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$184,760
$184.8K
Cap Rate 7%
$131,971
$132.0K
Cap Rate 9%
$102,644
$102.6K
Market Conditions
NOI Build-Up for 556 SF
Gross rent
$17.7K $31.80/SF
− Vacancy
−$884 −$1.59/SF
EGI
$16.8K $30.21/SF
− OpEx
−$7.6K −$13.59/SF
NOI
$9.2K $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%
$184,760
Cap Rate 7%
$131,971
Cap Rate 9%
$102,644
Alternative Uses
Best Use
Apartment 5plus
$132.0K
$115.5K – $154.0K
NOI $9,238 @ 7.0% cap · market cap 3.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$286.0K
$250.2K – $333.7K
NOI $20,019 @ 7.0% cap · market cap 7.41%
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Cooperative ownership includes property taxes in the monthly fee and an allocated underlying mortgage.
Where is this residential income property located?
The property is located at 1000 NEW JERSEY AVENUE SE Unit 525 Washington, DC.
What is the asking price?
The asking price for this property is $270,000.
What are key features of this property?
This property features: Studio residence in Capitol Hill Tower, a cooperative building completed in 2006; 24‑hour concierge, indoor pool, fitness center, resident lounge, landscaped grounds, and grilling stations; Metro and Whole Foods are one block away
