Residential Income Property with
For Sale
$395,000
1735 WILLARD STREET NW Unit 1, Washington, DC 20009
A one-bedroom condominium pairs a flexible loft level with shared rooftop access.
Property Size872 SF
Days on Market26
Property Features for 1735 WILLARD STREET NW Unit 1
General Information
Standard status
Active
Size
872 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,948
Amenities
shared rooftop deck
fireplace
Building Details
Building Size
872 SF
Year Built
1911
Listing Agency:
Keller Williams Capital Properties
Listed By:
Benjamin F Rivlin
(240) 687-0486
Source:
Kwcapitalproperties
Added: Sep 24
Changed: Oct 17
Last Checked: Oct 16 at 2:36PM
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
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Investment Insights
Based on property information with market context.
This 1-bedroom, 1-bathroom condominium includes an open loft level with six windows. The interior features wood floors, exposed brick, high ceilings, and a fireplace. The kitchen has been renovated and includes heated flooring. The building dates to 1911, and residents have access to a shared rooftop deck.
The home is on Willard Street NW in Washington, DC’s U Street Corridor. Dining, nightlife, and retail along 14th Street, as well as Dupont Circle and Adams Morgan, are described as walkable destinations. Meridian Hill Park is also nearby.
The home is on Willard Street NW in Washington, DC’s U Street Corridor. Dining, nightlife, and retail along 14th Street, as well as Dupont Circle and Adams Morgan, are described as walkable destinations. Meridian Hill Park is also nearby.
Key Highlights
- One bedroom and one bathroom
- Loft level with six windows
- Renovated kitchen with heated flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,969
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,380
$339.4K
Cap Rate 7%
$242,414
$242.4K
Cap Rate 9%
$188,544
$188.5K
Market Conditions
NOI Build-Up for 872 SF
Gross rent
$32.8K $37.56/SF
− Vacancy
−$1.9K −$2.18/SF
EGI
$30.9K $35.38/SF
− OpEx
−$13.9K −$15.92/SF
NOI
$17.0K $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 Rate 5%
$339,380
Cap Rate 7%
$242,414
Cap Rate 9%
$188,544
Alternative Uses
Best Use
Apartment 5plus
$242.4K
$212.1K – $282.8K
NOI $16,969 @ 7.0% cap · market cap 4.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$448.5K
$392.5K – $523.3K
NOI $31,397 @ 7.0% cap · market cap 7.95%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,539
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
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom condominium pairs a flexible loft level with shared rooftop access.
Where is this residential income property located?
The property is located at 1735 WILLARD STREET NW Unit 1 Washington, DC.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: One bedroom and one bathroom; Loft level with six windows; Renovated kitchen with heated flooring
