One-Bedroom Residential
For Sale
$299,040
1040 BLADENSBURG ROAD NE Unit 1A, Washington, DC 20002
A compact city residence with stainless steel kitchen appliances and convenient access to transit, shopping, and dining.
Property Size654 SF
Price / SF$457.25
Days on Market65
Property Features for 1040 BLADENSBURG ROAD NE Unit 1A
General Information
Standard status
Active
Size
654 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Carver Langston
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,764
Building Details
Building Size
654 SF
Year Built
1937
Listing Agency:
Keller Williams Capital Properties
Listed By:
Crystal Denise Bryant · License #SP40003507
(214) 498-4813
Source:
Kartaproperties
Added: Aug 27
Changed: Oct 26
Last Checked: Oct 26 at 2:33PM
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 Keller Williams Capital Properties
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Investment Insights
Based on property information with market context.
This 654-square-foot residence contains one bedroom and one-and-a-half bathrooms. The kitchen is equipped with stainless steel appliances, and the property was built in 1937.
Washington, DC location provides access to the H Street Corridor, Union Market, Capitol Hill, public transportation, shopping, dining, and major commuter routes.
Washington, DC location provides access to the H Street Corridor, Union Market, Capitol Hill, public transportation, shopping, dining, and major commuter routes.
Key Highlights
- 654‑square‑foot residence with one bedroom and 1.5 bathrooms
- Kitchen includes stainless steel appliances
- Built in 1937
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,134
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,680
$222.7K
Cap Rate 7%
$159,057
$159.1K
Cap Rate 9%
$123,711
$123.7K
Market Conditions
NOI Build-Up for 654 SF
Gross rent
$21.6K $33.00/SF
− Vacancy
−$1.3K −$2.05/SF
EGI
$20.2K $30.95/SF
− OpEx
−$9.1K −$13.93/SF
NOI
$11.1K $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%
$222,680
Cap Rate 7%
$159,057
Cap Rate 9%
$123,711
Alternative Uses
Best Use
Apartment 5plus
$159.1K
$139.2K – $185.6K
NOI $11,134 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.7K
$295.5K – $393.9K
NOI $23,636 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,604
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A compact city residence with stainless steel kitchen appliances and convenient access to transit, shopping, and dining.
Where is this residential income property located?
The property is located at 1040 BLADENSBURG ROAD NE Unit 1A Washington, DC.
What is the asking price?
The asking price for this property is $299,040.
What are key features of this property?
This property features: 654‑square‑foot residence with one bedroom and 1.5 bathrooms; Kitchen includes stainless steel appliances; Built in 1937
