Residential Income Property with
For Sale
$299,900
1330 MASSACHUSETTS AVENUE NW Unit 520, Washington, DC 20005
A one-bedroom residence in a senior community with shared recreation, fitness, dining, and worship spaces.
Property Size759 SF
Price / SF$395.13
Days on Market120
Property Features for 1330 MASSACHUSETTS AVENUE NW Unit 520
General Information
Standard status
Active
Size
759 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
East End
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,228
Amenities
art studio
rooftop patio
pool
theater
bistro cafe
chapel
library
fitness center
Building Details
Building Size
759 SF
Year Built
1963
Listing Agency:
Northrop Realty
Listed By:
Daniel B Register IV · License #534790
(410) 531-0321
Source:
Kartaproperties
Added: Jul 1
Changed: Oct 26
Last Checked: Oct 26 at 2:48PM
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 Northrop Realty
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Investment Insights
Based on property information with market context.
This 759-square-foot, one-bedroom apartment is located in The Residences at Thomas Circle, a senior living community in Washington, DC. The residence has a living room, bedroom, windows in both rooms, and closet storage. The building dates to 1963 and permits pets.
Community amenities include an art studio, rooftop patio and pool, theater, bistro café, chapel, library, and fitness center. These facilities are available during scheduled hours. Garage parking is provided on a first-come, first-served basis.
Community amenities include an art studio, rooftop patio and pool, theater, bistro café, chapel, library, and fitness center. These facilities are available during scheduled hours. Garage parking is provided on a first-come, first-served basis.
Key Highlights
- 759‑square‑foot, one‑bedroom apartment
- Located in The Residences at Thomas Circle, a senior living community
- Building constructed in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,611
Cap Rate
4.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,220
$252.2K
Cap Rate 7%
$180,157
$180.2K
Cap Rate 9%
$140,122
$140.1K
Market Conditions
NOI Build-Up for 759 SF
Gross rent
$24.1K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$22.9K $30.21/SF
− OpEx
−$10.3K −$13.59/SF
NOI
$12.6K $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%
$252,220
Cap Rate 7%
$180,157
Cap Rate 9%
$140,122
Alternative Uses
Best Use
Apartment 5plus
$180.2K
$157.6K – $210.2K
NOI $12,611 @ 7.0% cap · market cap 4.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.4K
$341.6K – $455.5K
NOI $27,328 @ 7.0% cap · market cap 9.11%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
25,090
Businesses Nearby
Explore this area
Business Placement
Demographics for 20005, DC
12,953
Population
9,558
Households
1.4
Avg Household Size
35
Median Age
80%
College-Educated
93%
High-School Grad
0.4 sq mi
ZIP Area
32,383
Density / Sq Mi
$111,960
Median Household Income
$100,188
Median Earnings
$2,223
Median Rent
$636,000
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence in a senior community with shared recreation, fitness, dining, and worship spaces.
Where is this residential income property located?
The property is located at 1330 MASSACHUSETTS AVENUE NW Unit 520 Washington, DC.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 759‑square‑foot, one‑bedroom apartment; Located in The Residences at Thomas Circle, a senior living community; Building constructed in 1963
