Top-Floor Residential Income
New
For Sale
$340,000
1102 HOLBROOK TERRACE NE Unit 3, Washington, DC 20002
A renovated two-bedroom home pairs defined bedroom separation with in-unit laundry.
Property Size850 SF
Days on Market6
Property Features for 1102 HOLBROOK TERRACE NE Unit 3
General Information
Standard status
Active
Size
850 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,748
Amenities
hardwood floors
plantation shutters
insulated windows
remote-controlled ceiling fans
washer and dryer
Building Details
Building Size
850 SF
Year Built
1931
Listing Agency:
KW United
Listed By:
Timothy Robinson · License #674168
(240) 733-7909
Source:
Kwcapitalproperties
Added: Oct 1
Changed: Oct 3
Last Checked: Oct 6 at 12:20AM
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 KW United
Investment Insights
Based on property information with market context.
This top-floor residence in a boutique building offers two bedrooms and one bathroom. Renovated in 2018, the unit has hardwood flooring and an open connection between the living and dining areas. The bedrooms are positioned at opposite ends of the home; the primary bedroom includes ample storage, while the second has its own rear entrance. In-unit features include plantation shutters, insulated windows, remote-controlled ceiling fans, and a washer and dryer.
Union Market, the H Street Corridor, and NoMa are nearby.
Union Market, the H Street Corridor, and NoMa are nearby.
Key Highlights
- Two bedrooms and one bathroom on the building’s top floor
- Renovated in 2018
- Bedrooms positioned at opposite ends of the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,471
Cap Rate
4.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$289,420
$289.4K
Cap Rate 7%
$206,729
$206.7K
Cap Rate 9%
$160,789
$160.8K
Market Conditions
NOI Build-Up for 850 SF
Gross rent
$28.1K $33.00/SF
− Vacancy
−$1.7K −$2.05/SF
EGI
$26.3K $30.95/SF
− OpEx
−$11.8K −$13.93/SF
NOI
$14.5K $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%
$289,420
Cap Rate 7%
$206,729
Cap Rate 9%
$160,789
Alternative Uses
Best Use
Apartment 5plus
$206.7K
$180.9K – $241.2K
NOI $14,471 @ 7.0% cap · market cap 4.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$438.9K
$384.0K – $512.0K
NOI $30,720 @ 7.0% cap · market cap 9.04%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,638
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 renovated two-bedroom home pairs defined bedroom separation with in-unit laundry.
Where is this residential income property located?
The property is located at 1102 HOLBROOK TERRACE NE Unit 3 Washington, DC.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: Two bedrooms and one bathroom on the building’s top floor; Renovated in 2018; Bedrooms positioned at opposite ends of the unit
