Three-Bedroom
For Sale
$359,900
1240 HOLBROOK TERRACE NE Unit 102, Washington, DC 20002
A generous living-and-dining area complements convenient access to Metro and bus service.
Property Size1,012 SF
Days on Market16
Property Features for 1240 HOLBROOK TERRACE NE Unit 102
General Information
Standard status
Active
Size
1,012 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Trinidad
Public Transit
Yes
Units
Unit Mix
1 x 3BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,459
Building Details
Building Size
1,012 SF
Year Built
1940
Listing Agency:
Aguilar & Associates, Inc.
Listed By:
Angel L Ribulotta · License #SP97406
(301) 942-2560
Source:
Kwcapitalproperties
Added: Oct 16
Changed: Oct 29
Last Checked: Oct 30 at 8:36PM
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 Aguilar & Associates, Inc.
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Investment Insights
Based on property information with market context.
This Washington, DC condominium offers three bedrooms and one bathroom, with a spacious living and dining area. The building dates to 1940.
The property is in Northeast Washington, minutes from the NoMa-Gallaudet U Metro Station and served by multiple bus lines. Union Market and the H Street Corridor are nearby, along with local shops, restaurants, and entertainment.
The property is in Northeast Washington, minutes from the NoMa-Gallaudet U Metro Station and served by multiple bus lines. Union Market and the H Street Corridor are nearby, along with local shops, restaurants, and entertainment.
Key Highlights
- Three‑bedroom, one‑bathroom condominium
- Spacious living and dining area
- Minutes from NoMa‑Gallaudet U Metro Station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,229
Cap Rate
4.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$344,580
$344.6K
Cap Rate 7%
$246,129
$246.1K
Cap Rate 9%
$191,433
$191.4K
Market Conditions
NOI Build-Up for 1,012 SF
Gross rent
$33.4K $33.00/SF
− Vacancy
−$2.1K −$2.05/SF
EGI
$31.3K $30.95/SF
− OpEx
−$14.1K −$13.93/SF
NOI
$17.2K $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%
$344,580
Cap Rate 7%
$246,129
Cap Rate 9%
$191,433
Alternative Uses
Best Use
Apartment 5plus
$246.1K
$215.4K – $287.2K
NOI $17,229 @ 7.0% cap · market cap 4.79%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$522.5K
$457.2K – $609.6K
NOI $36,575 @ 7.0% cap · market cap 10.16%
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
2,149
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 generous living-and-dining area complements convenient access to Metro and bus service.
Where is this residential income property located?
The property is located at 1240 HOLBROOK TERRACE NE Unit 102 Washington, DC.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: Three‑bedroom, one‑bathroom condominium; Spacious living and dining area; Minutes from NoMa‑Gallaudet U Metro Station
