Residential Income Property with
For Sale
$324,990
1355 BRYANT STREET NE Unit 2, Washington, DC 20018
The 2020 residence includes an open layout, quartz kitchen island, two full bathrooms, and private outdoor areas.
Property Size647 SF
Days on Market12
Property Features for 1355 BRYANT STREET NE Unit 2
General Information
Standard status
Active
Size
647 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,786
Building Details
Building Size
647 SF
Year Built
2020
Listing Agency:
Compass
Listed By:
Patrick Harwood · License #SP200202125
(301) 300-0255
Source:
Kwcapitalproperties
Added: Sep 25
Changed: Oct 5
Last Checked: Oct 6 at 12:35AM
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 Compass
Investment Insights
Based on property information with market context.
Built in 2020, this condominium residence has an open floor plan and a kitchen appointed with quartz countertops, an island, and stainless steel appliances. Two full bathrooms include an ensuite serving the primary bedroom. Outdoor space includes a front atrium and a private patio at the rear.
The property is described as near NoMa and Union Market, with access to the Metro Red Line and the Metro Branch Trail. Cafes, bars, restaurants, and shopping are also identified nearby.
The property is described as near NoMa and Union Market, with access to the Metro Red Line and the Metro Branch Trail. Cafes, bars, restaurants, and shopping are also identified nearby.
Key Highlights
- Built in 2020
- Open floor plan with quartz countertops, island, and stainless steel appliances
- Two full bathrooms, including an ensuite primary bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,750
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,000
$215.0K
Cap Rate 7%
$153,571
$153.6K
Cap Rate 9%
$119,444
$119.4K
Market Conditions
NOI Build-Up for 647 SF
Gross rent
$20.6K $31.80/SF
− Vacancy
−$1.0K −$1.59/SF
EGI
$19.5K $30.21/SF
− OpEx
−$8.8K −$13.59/SF
NOI
$10.8K $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%
$215,000
Cap Rate 7%
$153,571
Cap Rate 9%
$119,444
Alternative Uses
Best Use
Apartment 5plus
$153.6K
$134.4K – $179.2K
NOI $10,750 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$332.8K
$291.2K – $388.3K
NOI $23,296 @ 7.0% cap · market cap 7.17%
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
1,866
Businesses Nearby
Explore this area
Business Placement
Demographics for 20018, DC
20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The 2020 residence includes an open layout, quartz kitchen island, two full bathrooms, and private outdoor areas.
Where is this residential income property located?
The property is located at 1355 BRYANT STREET NE Unit 2 Washington, DC.
What is the asking price?
The asking price for this property is $324,990.
What are key features of this property?
This property features: Built in 2020; Open floor plan with quartz countertops, island, and stainless steel appliances; Two full bathrooms, including an ensuite primary bath
