Residential Income Property with Private
For Sale
$499,900
1719 LINCOLN ROAD NE Unit 1, Washington, DC 20002
Open-plan condominium residence with two bedrooms, dedicated bathrooms, and stainless-steel kitchen appliances.
Property Size1,161 SF
Days on Market254
Property Features for 1719 LINCOLN ROAD NE Unit 1
General Information
Standard status
Active
Size
1,161 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Ft. Washington
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,321
Amenities
hardwood floors
breakfast bar
stainless steel appliances
gas range
exposed brick
in-unit washer/dryer
private porch
Building Details
Building Size
1,161 SF
Year Built
1905
Listing Agency:
Compass
Listed By:
Semyon Sarver
(703) 509-4300
Source:
Kwcapitalproperties
Added: Feb 19
Changed: Oct 25
Last Checked: Oct 30 at 10:21PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 1 at 1719 Lincoln Road NE is a condominium residence in a 1905-built property. The interior combines hardwood flooring with an open living arrangement, exposed brick details, and a kitchen equipped with stainless-steel appliances, extensive cabinetry, a breakfast bar, and a gas range. Two bedrooms provide large closets, and each bedroom has its own dedicated bathroom. An in-unit washer and dryer add further functionality.
The property includes a private porch and one dedicated off-street parking space. Its Washington, DC location places it minutes from Union Market and the NoMa-Gallaudet U Metro station, with additional city destinations nearby.
The property includes a private porch and one dedicated off-street parking space. Its Washington, DC location places it minutes from Union Market and the NoMa-Gallaudet U Metro station, with additional city destinations nearby.
Key Highlights
- Two‑bedroom layout with a dedicated bathroom for each bedroom
- Private porch and one dedicated off‑street parking space
- Kitchen includes stainless‑steel appliances, breakfast bar, and gas range
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,766
Cap Rate
3.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$395,320
$395.3K
Cap Rate 7%
$282,371
$282.4K
Cap Rate 9%
$219,622
$219.6K
Market Conditions
NOI Build-Up for 1,161 SF
Gross rent
$38.3K $33.00/SF
− Vacancy
−$2.4K −$2.05/SF
EGI
$35.9K $30.95/SF
− OpEx
−$16.2K −$13.93/SF
NOI
$19.8K $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%
$395,320
Cap Rate 7%
$282,371
Cap Rate 9%
$219,622
Alternative Uses
Best Use
Apartment 5plus
$282.4K
$247.1K – $329.4K
NOI $19,766 @ 7.0% cap · market cap 3.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$599.4K
$524.5K – $699.3K
NOI $41,960 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,501
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Open-plan condominium residence with two bedrooms, dedicated bathrooms, and stainless-steel kitchen appliances.
Where is this residential income property located?
The property is located at 1719 LINCOLN ROAD NE Unit 1 Washington, DC.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑bedroom layout with a dedicated bathroom for each bedroom; Private porch and one dedicated off‑street parking space; Kitchen includes stainless‑steel appliances, breakfast bar, and gas range
