Two-Bed Two-Bath Condo with Private
For Sale
$500,000
1419 CLIFTON STREET NW Unit 104, Washington, DC 20009
A two-bedroom, two-bath condominium with an open layout, private patio, in-unit washer and dryer, and assigned secure garage parking.
Property Size899 SF
Days on Market41
Property Features for 1419 CLIFTON STREET NW Unit 104
General Information
Standard status
Active
Size
899 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,467
Amenities
private patio
in-unit washer and dryer
Building Details
Building Size
899 SF
Year Built
1909
Listing Agency:
Keller Williams Capital Properties
Listed By:
Angelica Dennis · License #SP40000708
(240) 688-8762
Source:
Kwcapitalproperties
Added: Jul 30
Changed: Sep 8
Last Checked: Sep 8 at 9:55AM
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 Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
The Maxwell is a classic DC condominium built in 1909, offering a two-bedroom, two-bath residence with an open-concept layout. The kitchen flows into the main living area for day-to-day comfort and easy entertaining. The home also includes a private patio, providing an outdoor space for morning routines or relaxing at the end of the day. Convenience features include an in-unit washer and dryer.
Unit 104 at 1419 Clifton Street NW includes an assigned parking space in a secure attached garage. The property is positioned near 14th Street, U Street, Adams Morgan, and Columbia Heights, with access to restaurants, shopping, nightlife, parks, grocery stores, and multiple Metro stations.
Offered as a condo within the Maxwell, this residence combines historic character with modern in-unit amenities and dedicated parking.
Unit 104 at 1419 Clifton Street NW includes an assigned parking space in a secure attached garage. The property is positioned near 14th Street, U Street, Adams Morgan, and Columbia Heights, with access to restaurants, shopping, nightlife, parks, grocery stores, and multiple Metro stations.
Offered as a condo within the Maxwell, this residence combines historic character with modern in-unit amenities and dedicated parking.
Key Highlights
- Two‑bedroom, two‑bath condominium layout
- Private patio off the main living space
- In‑unit washer and dryer
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
$17,494
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
3.50%
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%
$349,880
$349.9K
Cap Rate 7%
$249,914
$249.9K
Cap Rate 9%
$194,378
$194.4K
Market Conditions
NOI Build-Up for 899 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
$33.8K $37.56/SF
− Vacancy
−$2.0K −$2.18/SF
EGI
$31.8K $35.38/SF
− OpEx
−$14.3K −$15.92/SF
NOI
$17.5K $19.46/SF
Area
ZIP 20009
Vacancy
5.80%
Lease Rate
$37.56 /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%
$349,880
Cap Rate 7%
$249,914
Cap Rate 9%
$194,378
Alternative Uses
Best Use
Apartment 5plus
$249.9K
$218.7K – $291.6K
NOI $17,494 @ 7.0% cap · market cap 3.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$462.4K
$404.6K – $539.5K
NOI $32,369 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,580
Businesses Nearby
Explore this area
Business Placement
Demographics for 20009, DC
53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom, two-bath condominium with an open layout, private patio, in-unit washer and dryer, and assigned secure garage parking.
Where is this residential income property located?
The property is located at 1419 CLIFTON STREET NW Unit 104 Washington, DC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium layout; Private patio off the main living space; In‑unit washer and dryer
