One-Bedroom Condominium with
For Sale
$399,950
2111 NW WISCONSIN AVENUE NW Unit 301, Washington, DC 20007
An open layout pairs a separate dining area with in-unit laundry and an assigned parking spot.
Property Size684 SF
Price / SF$584.72
Days on Market44
Property Features for 2111 NW WISCONSIN AVENUE NW Unit 301
General Information
Standard status
Active
Size
684 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Glover Park
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,331
Amenities
private balcony
hardwood floors
in unit laundry
updated kitchen
Building Details
Building Size
684 SF
Year Built
1988
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 17
Changed: Oct 27
Last Checked: Oct 26 at 2:19PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 684-square-foot condominium at The Observatory has one bedroom and one bathroom, with an open living area and a dedicated dining space. The kitchen has been updated, and hardwood flooring runs throughout. A private balcony extends the living room, while in-unit laundry and a parking spot add practical conveniences. The building dates to 1988.
The property is on Wisconsin Avenue NW, within walking distance of Trader Joe's, Safeway, Whole Foods, local restaurants, and Georgetown University. Public transportation is available across the street.
The property is on Wisconsin Avenue NW, within walking distance of Trader Joe's, Safeway, Whole Foods, local restaurants, and Georgetown University. Public transportation is available across the street.
Key Highlights
- 684‑square‑foot condominium with one bedroom and one bathroom
- Private balcony off the living room
- Updated kitchen and hardwood floors throughout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,365
Cap Rate
2.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,300
$227.3K
Cap Rate 7%
$162,357
$162.4K
Cap Rate 9%
$126,278
$126.3K
Market Conditions
NOI Build-Up for 684 SF
Gross rent
$21.8K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.7K $30.21/SF
− OpEx
−$9.3K −$13.59/SF
NOI
$11.4K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,300
Cap Rate 7%
$162,357
Cap Rate 9%
$126,278
Alternative Uses
Best Use
Apartment 5plus
$162.4K
$142.1K – $189.4K
NOI $11,365 @ 7.0% cap · market cap 2.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$351.8K
$307.9K – $410.5K
NOI $24,628 @ 7.0% cap · market cap 6.16%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,450
Businesses Nearby
Explore this area
Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An open layout pairs a separate dining area with in-unit laundry and an assigned parking spot.
Where is this residential income property located?
The property is located at 2111 NW WISCONSIN AVENUE NW Unit 301 Washington, DC.
What is the asking price?
The asking price for this property is $399,950.
What are key features of this property?
This property features: 684‑square‑foot condominium with one bedroom and one bathroom; Private balcony off the living room; Updated kitchen and hardwood floors throughout
