Residential Income Property with Rooftop
For Sale
$479,900
2001 I STREET NE Unit 10, Washington, DC 20002
Two bedrooms occupy separate levels, with an in-unit washer and dryer adding everyday convenience.
Property Size842 SF
Days on Market19
Property Features for 2001 I STREET NE Unit 10
General Information
Standard status
Active
Size
842 SF
Property subtype
Penthouse Unit/Flat/Apartment
Additional Details
HOA Fee
$228
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,159
Amenities
Elfa custom closets
in-unit stacked washer and dryer
private rooftop deck
Building Details
Building Size
842 SF
Year Built
2023
Listing Agency:
Keller Williams Capital Properties
Listed By:
Bashir Badru · License #sp40000729
(202) 672-4840
Source:
Kwcapitalproperties
Added: Oct 1
Changed: Oct 10
Last Checked: Oct 16 at 4:42PM
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.
Built in 2023, this two-level residential income property has two bedrooms arranged on separate floors. The main level combines the living room and kitchen, with two-tone cabinetry, quartz counters, GE stainless steel appliances, gas cooking, and an island with seating. White oak flooring, oversized windows, and Elfa closets are additional interior features. A bedroom and full bathroom with a tub are also on this floor. A spiral staircase leads to the upper-level primary suite, which has an en-suite bathroom with a double vanity and walk-in shower. The suite opens directly to a private rooftop deck with Monument and Capitol views and privacy fencing. An in-unit stacked washer and dryer is included.
The property is at 2001 I Street NE in Washington, DC, near the H Street Corridor. The former RFK Stadium site is 1.5 miles away; the remarks note plans for a new Commanders stadium there.
The property is at 2001 I Street NE in Washington, DC, near the H Street Corridor. The former RFK Stadium site is 1.5 miles away; the remarks note plans for a new Commanders stadium there.
Key Highlights
- Private rooftop deck with Monument and Capitol views and privacy fencing
- Two bedrooms on separate levels in a two‑level layout
- Built in 2023
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,335
Cap Rate
2.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,700
$286.7K
Cap Rate 7%
$204,786
$204.8K
Cap Rate 9%
$159,278
$159.3K
Market Conditions
NOI Build-Up for 842 SF
Gross rent
$27.8K $33.00/SF
− Vacancy
−$1.7K −$2.05/SF
EGI
$26.1K $30.95/SF
− OpEx
−$11.7K −$13.93/SF
NOI
$14.3K $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%
$286,700
Cap Rate 7%
$204,786
Cap Rate 9%
$159,278
Alternative Uses
Best Use
Apartment 5plus
$204.8K
$179.2K – $238.9K
NOI $14,335 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$434.7K
$380.4K – $507.2K
NOI $30,431 @ 7.0% cap · market cap 6.34%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,174
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Two bedrooms occupy separate levels, with an in-unit washer and dryer adding everyday convenience.
Where is this residential income property located?
The property is located at 2001 I STREET NE Unit 10 Washington, DC.
What is the asking price?
The asking price for this property is $479,900.
What are key features of this property?
This property features: Private rooftop deck with Monument and Capitol views and privacy fencing; Two bedrooms on separate levels in a two‑level layout; Built in 2023
