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Two-Bedroom Residential Income Property
For Sale
$375,000

1372 BRYANT STREET NE Unit 2A, Washington, DC 20018

New construction residence with open living areas, two full baths, and a usable patio.

Property Size800 SF
Days on Market73

Property Features for 1372 BRYANT STREET NE Unit 2A

General Information

Standard status Active
Size 800 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 2BR/2BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $3,187

Building Details

Building Size 800 SF
Year Built 2024
Listing Agency: Samson Properties
Listed By: Sam Sadeghi · License #SP200203669
Source: Kwcapitalproperties
Added: Jun 18 Changed: Aug 28 Last Checked: Aug 29 at 4:51PM

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 Samson Properties

Investment Insights

Based on property information with market context.

Completed in 2024, this residential income property offers a two-bedroom, two-bath layout with an open arrangement for living and dining. The residence includes engineered hardwood flooring, custom lighting, oversized windows, and generous closet space. A patio extends the living area and brings additional natural light into the home.

The contemporary kitchen is appointed with quartz waterfall countertops, European cabinetry, and stainless steel appliances. The property is near a bus station, Home Depot, Giant Grocery Store, and the US Social Security Administration building in Washington, DC. Parking is available for purchase.

Key Highlights

  • 2024 new construction with two bedrooms and two full baths
  • Open living and dining arrangement with a usable patio
  • Quartz waterfall island, European cabinetry, and stainless steel appliances

Financial Insights

Estimated NOI and Cap Rate

NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$13,292
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.54%
Suggested Prices Based on Cap Rates Cap rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$265,840 $265.8K
Cap Rate 7%
$189,886 $189.9K
Cap Rate 9%
$147,689 $147.7K
Market Conditions
NOI Build-Up for 800 SF Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent. EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs. OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements. NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$25.4K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$24.2K $30.21/SF
− OpEx
−$10.9K −$13.59/SF
NOI
$13.3K $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 rates vary significantly by property type, market, and asset quality. Typical U.S. stable-market ranges: Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+) Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand) Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically) Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher) Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk) Self-Storage — 5.5% to 7.5% Medical Office — 6.0% to 7.5% Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term Rules of thumb: Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%). Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C. Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI. Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$265,840
Cap Rate 7%
$189,886
Cap Rate 9%
$147,689

Alternative Uses

Best Use
Apartment 5plus
$189.9K
$166.2K – $221.5K (±1% cap)
NOI $13,292 @ 7.0% cap · market cap 3.54%
Second Best
no second resolved use
Theoretical Best
Office A
$411.5K
$360.1K – $480.1K (±1% cap)
NOI $28,805 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Accounting Firm (Bike/Boat/Book/etc) Store Acupuncture Furniture & Home Goods Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,866
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - New construction residence with open living areas, two full baths, and a usable patio.
Where is this residential income property located?
The property is located at 1372 BRYANT STREET NE Unit 2A Washington, DC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 2024 new construction with two bedrooms and two full baths; Open living and dining arrangement with a usable patio; Quartz waterfall island, European cabinetry, and stainless steel appliances
More about this property
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