Residential Income Property with
For Sale
$325,000
1917 ROSEDALE STREET NE Unit 3, Washington, DC 20002
Two-bedroom condominium with vaulted-ceiling primary suite, in-unit laundry, and dedicated off-street parking.
Property Size725 SF
Days on Market278
Property Features for 1917 ROSEDALE STREET NE Unit 3
General Information
Standard status
Active
Size
725 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,467
Amenities
skylight
hardwood floors
in-unit washer and dryer
vaulted ceiling
Building Details
Building Size
725 SF
Year Built
1941
Listing Agency:
Nomadic Real Estate Broker Services
Listed By:
Raymond Minarcik · License #SP40002465
(202) 223-9019
Source:
Kwcapitalproperties
Added: Jan 14
Changed: Oct 12
Last Checked: Oct 16 at 6:15PM
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 Nomadic Real Estate Broker Services
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.
This residential income property is a two-bedroom, two-bath condominium built in 1941. A skylight brings natural light into the interior, while hardwood flooring extends throughout the home. The layout includes generous closet storage and a kitchen equipped with modern appliances. The primary bedroom features a vaulted ceiling, and an in-unit washer and dryer add practical convenience. One off-street parking space accompanies the residence.
The property is near Kingsman Park, which offers green space, playgrounds, and sports facilities. Additional nearby amenities include the Rosedale Recreation Center, outdoor facilities, and a public library. The H Street Corridor is also close, with shops, restaurants, bars, and entertainment.
The property is near Kingsman Park, which offers green space, playgrounds, and sports facilities. Additional nearby amenities include the Rosedale Recreation Center, outdoor facilities, and a public library. The H Street Corridor is also close, with shops, restaurants, bars, and entertainment.
Key Highlights
- Two‑bedroom, two‑bath condominium built in 1941
- Skylight and hardwood flooring throughout the home
- Primary bedroom with vaulted ceiling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,343
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$246,860
$246.9K
Cap Rate 7%
$176,329
$176.3K
Cap Rate 9%
$137,144
$137.1K
Market Conditions
NOI Build-Up for 725 SF
Gross rent
$23.9K $33.00/SF
− Vacancy
−$1.5K −$2.05/SF
EGI
$22.4K $30.95/SF
− OpEx
−$10.1K −$13.93/SF
NOI
$12.3K $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%
$246,860
Cap Rate 7%
$176,329
Cap Rate 9%
$137,144
Alternative Uses
Best Use
Apartment 5plus
$176.3K
$154.3K – $205.7K
NOI $12,343 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$374.3K
$327.5K – $436.7K
NOI $26,202 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,202
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 - Two-bedroom condominium with vaulted-ceiling primary suite, in-unit laundry, and dedicated off-street parking.
Where is this residential income property located?
The property is located at 1917 ROSEDALE STREET NE Unit 3 Washington, DC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath condominium built in 1941; Skylight and hardwood flooring throughout the home; Primary bedroom with vaulted ceiling
