Studio Condominium with
For Sale
$210,000
2325 42ND STREET NW Unit 220, Washington, DC 20007
Open-plan living is complemented by an updated kitchen, private patio, and separate basement storage.
Property Size562 SF
Price / SF$373.67
Days on Market121
Property Features for 2325 42ND STREET NW Unit 220
General Information
Standard status
Active
Size
562 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Glover Park
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x studio
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,869
Amenities
private patio
landscaped courtyards
bbq grills
fire pit
picnic tables
secured package room
ramped entrance
bike storage room
on-site laundry facility
separate storage unit
Building Details
Building Size
562 SF
Year Built
1956
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jul 2
Changed: Oct 27
Last Checked: Oct 26 at 2:56PM
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
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.
Built in 1956, this studio has an open layout, an updated kitchen with granite countertops and stainless steel appliances, and a private patio facing a landscaped courtyard. A separate basement storage unit adds to the in-unit shelving and storage. The condo fee includes water, gas, and heat; the owner pays electricity and cable or internet separately.
The pet-friendly community offers elevator service, assigned parking, an on-site laundry facility, bike storage, and a secured package room. Residents also have access to courtyard seating, barbecue grills, and a fire pit. Nearby destinations include Whole Foods, Trader Joe’s, Safeway, Georgetown, American University, Glover Archbold Park, and Tenleytown. Bus routes D80, D82, C85, and D96 serve the area.
The pet-friendly community offers elevator service, assigned parking, an on-site laundry facility, bike storage, and a secured package room. Residents also have access to courtyard seating, barbecue grills, and a fire pit. Nearby destinations include Whole Foods, Trader Joe’s, Safeway, Georgetown, American University, Glover Archbold Park, and Tenleytown. Bus routes D80, D82, C85, and D96 serve the area.
Key Highlights
- Studio layout with a private patio overlooking a landscaped courtyard
- Updated kitchen with granite countertops, under‑cabinet lighting, and stainless steel appliances
- Separate storage unit in the basement, plus shelving in the living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,338
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$186,760
$186.8K
Cap Rate 7%
$133,400
$133.4K
Cap Rate 9%
$103,756
$103.8K
Market Conditions
NOI Build-Up for 562 SF
Gross rent
$17.9K $31.80/SF
− Vacancy
−$894 −$1.59/SF
EGI
$17.0K $30.21/SF
− OpEx
−$7.6K −$13.59/SF
NOI
$9.3K $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%
$186,760
Cap Rate 7%
$133,400
Cap Rate 9%
$103,756
Alternative Uses
Best Use
Apartment 5plus
$133.4K
$116.7K – $155.6K
NOI $9,338 @ 7.0% cap · market cap 4.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$289.1K
$252.9K – $337.3K
NOI $20,235 @ 7.0% cap · market cap 9.64%
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
Lease Details
1
Residential units
Yes
Utilities to site
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 - Open-plan living is complemented by an updated kitchen, private patio, and separate basement storage.
Where is this residential income property located?
The property is located at 2325 42ND STREET NW Unit 220 Washington, DC.
What is the asking price?
The asking price for this property is $210,000.
What are key features of this property?
This property features: Studio layout with a private patio overlooking a landscaped courtyard; Updated kitchen with granite countertops, under‑cabinet lighting, and stainless steel appliances; Separate storage unit in the basement, plus shelving in the living area
