Boutique Residential Income
For Sale
$371,280
1013 17TH PLACE NE Unit 4, Washington, DC 20002
Two-bedroom residence with private outdoor space, rooftop access, and contemporary interior finishes.
Property Size816 SF
Days on Market49
Property Features for 1013 17TH PLACE NE Unit 4
General Information
Standard status
Active
Size
816 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Carver Langston
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Additional Details
HOA Fee
$172
Taxes and HOA fees
Annual Taxes
$1,759
Amenities
rooftop terrace
semi-private outdoor space
in-unit washer and dryer
communal green space
Building Details
Building Size
816 SF
Year Built
2022
Listing Agency:
The Agency DC
Listed By:
Alejandro Luis A Martinez · License #BR98379367
(240) 258-2668
Source:
Kwcapitalproperties
Added: Sep 13
Changed: Oct 26
Last Checked: Oct 30 at 7:56PM
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 The Agency DC
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Investment Insights
Based on property information with market context.
Residence 4 at 1013 17th Place NE is part of an eight-residence boutique building completed in 2022. The home includes two bedrooms, two full bathrooms, an open living and dining area, and a private balcony serving the primary suite. Interior features include wide-plank white oak flooring, quartz kitchen counters, white shaker cabinetry, gas cooking, brand-new stainless steel appliances, contemporary bathroom finishes, and an in-unit washer and dryer.
Building amenities include a full-length rooftop terrace with 360-degree Washington, DC skyline views, including the Washington Monument, along with rear communal green space for grilling and picnics. The property is located in Langston-Carver with access to the H Street Corridor, Union Market, and Ivy City.
Building amenities include a full-length rooftop terrace with 360-degree Washington, DC skyline views, including the Washington Monument, along with rear communal green space for grilling and picnics. The property is located in Langston-Carver with access to the H Street Corridor, Union Market, and Ivy City.
Key Highlights
- Part of an eight‑residence boutique building completed in 2022
- Two bedrooms and two full bathrooms
- Full‑length rooftop terrace with 360‑degree Washington, DC skyline views
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,892
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,840
$277.8K
Cap Rate 7%
$198,457
$198.5K
Cap Rate 9%
$154,356
$154.4K
Market Conditions
NOI Build-Up for 816 SF
Gross rent
$26.9K $33.00/SF
− Vacancy
−$1.7K −$2.05/SF
EGI
$25.3K $30.95/SF
− OpEx
−$11.4K −$13.93/SF
NOI
$13.9K $17.02/SF
Area
ZIP 20002
Vacancy
6.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$277,840
Cap Rate 7%
$198,457
Cap Rate 9%
$154,356
Alternative Uses
Best Use
Apartment 5plus
$198.5K
$173.7K – $231.5K
NOI $13,892 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$421.3K
$368.6K – $491.5K
NOI $29,491 @ 7.0% cap · market cap 7.94%
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
1,381
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Two-bedroom residence with private outdoor space, rooftop access, and contemporary interior finishes.
Where is this residential income property located?
The property is located at 1013 17TH PLACE NE Unit 4 Washington, DC.
What is the asking price?
The asking price for this property is $371,280.
What are key features of this property?
This property features: Part of an eight‑residence boutique building completed in 2022; Two bedrooms and two full bathrooms; Full‑length rooftop terrace with 360‑degree Washington, DC skyline views
