Two-Bedroom Condominium with Private
For Sale
$389,900
2310 4TH STREET NE Unit 4, Washington, DC 20002
Two outdoor spaces, in-unit laundry, and elevator service complement this contemporary residence.
Property Size756 SF
Days on Market17
Property Features for 2310 4TH STREET NE Unit 4
General Information
Standard status
Active
Size
756 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Ft. Washington
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,145
Amenities
secure entry system
shared bike storage
rooftop terrace
in-unit laundry
private patios
Building Details
Building Size
756 SF
Year Built
2023
Listing Agency:
Serhant
Listed By:
Barak Sky · License #SP600552
(301) 742-5759
Source:
Kwcapitalproperties
Added: Oct 15
Changed: Oct 27
Last Checked: Oct 28 at 4:14PM
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 Serhant
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Investment Insights
Based on property information with market context.
This two-bedroom, two-bath condominium is set within The Barker, a 29-unit elevator building completed in 2023. The open living and kitchen area features wide-plank flooring, recessed lighting, quartz counters, stainless steel appliances, two-tone cabinetry, and an island with seating. Both bedrooms sit off the central hall, and the residence includes two private patios, in-unit laundry, and additional storage.
Building amenities include secure entry, shared bicycle storage, and a rooftop terrace with views of the Washington skyline. The property is near the Metropolitan Branch Trail, Union Market, and NoMa, with the Rhode Island Avenue and Brookland Metro stations also nearby. A year of public parking garage access is included.
Building amenities include secure entry, shared bicycle storage, and a rooftop terrace with views of the Washington skyline. The property is near the Metropolitan Branch Trail, Union Market, and NoMa, with the Rhode Island Avenue and Brookland Metro stations also nearby. A year of public parking garage access is included.
Key Highlights
- Two bedrooms and two full bathrooms
- Two private patios, including one off the living room
- 2023 construction in a 29‑unit elevator building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,871
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$257,420
$257.4K
Cap Rate 7%
$183,871
$183.9K
Cap Rate 9%
$143,011
$143.0K
Market Conditions
NOI Build-Up for 756 SF
Gross rent
$24.9K $33.00/SF
− Vacancy
−$1.5K −$2.05/SF
EGI
$23.4K $30.95/SF
− OpEx
−$10.5K −$13.93/SF
NOI
$12.9K $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%
$257,420
Cap Rate 7%
$183,871
Cap Rate 9%
$143,011
Alternative Uses
Best Use
Apartment 5plus
$183.9K
$160.9K – $214.5K
NOI $12,871 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$390.3K
$341.5K – $455.4K
NOI $27,323 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,051
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 outdoor spaces, in-unit laundry, and elevator service complement this contemporary residence.
Where is this residential income property located?
The property is located at 2310 4TH STREET NE Unit 4 Washington, DC.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms; Two private patios, including one off the living room; 2023 construction in a 29‑unit elevator building
