One-Bedroom Residential Income
For Sale
$140,000
Pending
2301 41ST STREET NW Unit 302, Washington, DC 20007
Cooperative residence with an efficient galley kitchen and full bath.
Property Size550 SF
Days on Market79
Property Features for 2301 41ST STREET NW Unit 302
General Information
Standard status
Pending
Size
550 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Glover Park
Taxes and HOA fees
Annual Taxes
$764,480
Building Details
Building Size
550 SF
Year Built
1942
Listing Agency:
Coldwell Banker Realty
Listed By:
Heidi S. Hawkins · License #SP98373983
(202) 256-8939
Source:
Kwcapitalproperties
Added: Aug 14
Changed: Oct 26
Last Checked: Oct 30 at 10:05PM
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 Coldwell Banker Realty
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 cooperative residence at Beecher Cooperative offers approximately 550 square feet with one bedroom and one full bath. The floor plan includes a living area, galley kitchen, and bedroom, with natural light throughout the home. Built in 1942, the property combines a compact layout with established building character.
The monthly cooperative fee includes heat, water, property taxes, building maintenance, trash, and other essentials. Residents also have access to free laundry facilities, a picnic area, and a party room, while the building permits pets. The property is located in Glover Park near Wisconsin Avenue shops and restaurants, Rock Creek Park, and transit options. Primary residence buyers are eligible.
The monthly cooperative fee includes heat, water, property taxes, building maintenance, trash, and other essentials. Residents also have access to free laundry facilities, a picnic area, and a party room, while the building permits pets. The property is located in Glover Park near Wisconsin Avenue shops and restaurants, Rock Creek Park, and transit options. Primary residence buyers are eligible.
Key Highlights
- Approximately 550 square feet with 1 bedroom and 1 full bath
- Monthly cooperative fee covers heat, water, property taxes, maintenance, and trash
- Beecher Cooperative residence built in 1942
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,139
Cap Rate
6.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,780
$182.8K
Cap Rate 7%
$130,557
$130.6K
Cap Rate 9%
$101,544
$101.5K
Market Conditions
NOI Build-Up for 550 SF
Gross rent
$17.5K $31.80/SF
− Vacancy
−$875 −$1.59/SF
EGI
$16.6K $30.21/SF
− OpEx
−$7.5K −$13.59/SF
NOI
$9.1K $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%
$182,780
Cap Rate 7%
$130,557
Cap Rate 9%
$101,544
Alternative Uses
Best Use
Apartment 5plus
$130.6K
$114.2K – $152.3K
NOI $9,139 @ 7.0% cap · market cap 6.53%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$282.9K
$247.5K – $330.1K
NOI $19,803 @ 7.0% cap · market cap 14.15%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Location Intelligence
Trade Area within ½ mile
1,104
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
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 - Cooperative residence with an efficient galley kitchen and full bath.
Where is this residential income property located?
The property is located at 2301 41ST STREET NW Unit 302 Washington, DC.
What is the asking price?
The asking price for this property is $140,000.
What are key features of this property?
This property features: Approximately 550 square feet with 1 bedroom and 1 full bath; Monthly cooperative fee covers heat, water, property taxes, maintenance, and trash; Beecher Cooperative residence built in 1942
