Two-Level Residential
For Sale
$625,000
217 20TH STREET NE Unit 2, Washington, DC 20002
The 2022 residence offers assigned off-street parking, walk-in storage, and access to a shared fenced yard.
Property Size1,200 SF
Price / SF$520.83
Days on Market64
Property Features for 217 20TH STREET NE Unit 2
General Information
Standard status
Active
Size
1,200 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Rosedale
Public Transit
Yes
Additional Details
HOA Fee
$270
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,344
Amenities
private outdoor space
dedicated walk-in storage
shared fenced yard
Building Details
Building Size
1,200 SF
Year Built
2022
Construction
modern
Listing Agency:
Fairfax Realty of Tysons
Listed By:
Marcelle A Jawhar · License #SP98364666
(703) 362-0228
Source:
Kartaproperties
Added: Aug 27
Changed: Oct 26
Last Checked: Oct 26 at 2:40PM
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 Fairfax Realty of Tysons
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 two-level residential condominium contains 1,200 square feet and was built in 2022. The home includes private outdoor space, assigned off-street parking, and dedicated walk-in storage; residents also have access to a shared fenced yard.
Stadium-Armory Metro is less than a 10-minute walk away. Eastern Market, Lincoln Park, the H Street Corridor, the Anacostia Riverwalk Trail, and Capitol Hill are also identified as nearby destinations.
Stadium-Armory Metro is less than a 10-minute walk away. Eastern Market, Lincoln Park, the H Street Corridor, the Anacostia Riverwalk Trail, and Capitol Hill are also identified as nearby destinations.
Key Highlights
- 1,200‑square‑foot, two‑level condominium built in 2022
- Private outdoor space, assigned off‑street parking, and walk‑in storage
- Shared fenced yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,430
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,600
$408.6K
Cap Rate 7%
$291,857
$291.9K
Cap Rate 9%
$227,000
$227.0K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$39.6K $33.00/SF
− Vacancy
−$2.5K −$2.05/SF
EGI
$37.1K $30.95/SF
− OpEx
−$16.7K −$13.93/SF
NOI
$20.4K $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%
$408,600
Cap Rate 7%
$291,857
Cap Rate 9%
$227,000
Alternative Uses
Best Use
Apartment 5plus
$291.9K
$255.4K – $340.5K
NOI $20,430 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$619.6K
$542.1K – $722.8K
NOI $43,369 @ 7.0% cap · market cap 6.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,113
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
Frequently Asked Questions
What type of property is this?
Residential income property - The 2022 residence offers assigned off-street parking, walk-in storage, and access to a shared fenced yard.
Where is this residential income property located?
The property is located at 217 20TH STREET NE Unit 2 Washington, DC.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 1,200‑square‑foot, two‑level condominium built in 2022; Private outdoor space, assigned off‑street parking, and walk‑in storage; Shared fenced yard
