Studio Residential Income
For Sale
$239,900
2401 H STREET NW Unit 810, Washington, DC 20037
Bright apartment with concierge service, same-floor laundry, and rooftop deck.
Property Size424 SF
Days on Market101
Property Features for 2401 H STREET NW Unit 810
General Information
Standard status
Active
Size
424 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Foggy Bottom
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,672
Building Details
Building Size
424 SF
Year Built
1960
Buildings
1
Listing Agency:
Taylor Properties
Listed By:
Daniel A Carrillo · License #SP98366656
(703) 298-4977
Source:
Kwcapitalproperties
Added: Jul 23
Changed: Oct 25
Last Checked: Oct 30 at 9:00PM
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 Taylor Properties
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Investment Insights
Based on property information with market context.
This studio apartment is located in a 1960 building with features designed for convenient urban living. Residents have access to 24-hour concierge service, laundry on the same floor, and a rooftop deck offering panoramic city views. The condo fee includes all utilities.
The property is 1.5 blocks from Foggy Bottom Metro Station and sits within walking distance of restaurants, shopping, parks, and other neighborhood amenities. George Washington University, George Washington University Hospital, Georgetown, and the Kennedy Center are nearby, along with major employers including The World Bank and the IMF.
The property is 1.5 blocks from Foggy Bottom Metro Station and sits within walking distance of restaurants, shopping, parks, and other neighborhood amenities. George Washington University, George Washington University Hospital, Georgetown, and the Kennedy Center are nearby, along with major employers including The World Bank and the IMF.
Key Highlights
- Studio apartment in a 1960 building
- 24‑hour concierge service
- Laundry located on the same floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,045
Cap Rate
2.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$140,900
$140.9K
Cap Rate 7%
$100,643
$100.6K
Cap Rate 9%
$78,278
$78.3K
Market Conditions
NOI Build-Up for 424 SF
Gross rent
$13.5K $31.80/SF
− Vacancy
−$674 −$1.59/SF
EGI
$12.8K $30.21/SF
− OpEx
−$5.8K −$13.59/SF
NOI
$7.0K $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%
$140,900
Cap Rate 7%
$100,643
Cap Rate 9%
$78,278
Alternative Uses
Best Use
Apartment 5plus
$100.6K
$88.1K – $117.4K
NOI $7,045 @ 7.0% cap · market cap 2.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$218.1K
$190.8K – $254.4K
NOI $15,266 @ 7.0% cap · market cap 6.36%
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
16,660
Businesses Nearby
Explore this area
Business Placement
Demographics for 20037, DC
14,945
Population
8,828
Households
1.7
Avg Household Size
29
Median Age
90%
College-Educated
99%
High-School Grad
0.7 sq mi
ZIP Area
21,350
Density / Sq Mi
$98,917
Median Household Income
$69,480
Median Earnings
$2,420
Median Rent
$743,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Bright apartment with concierge service, same-floor laundry, and rooftop deck.
Where is this residential income property located?
The property is located at 2401 H STREET NW Unit 810 Washington, DC.
What is the asking price?
The asking price for this property is $239,900.
What are key features of this property?
This property features: Studio apartment in a 1960 building; 24‑hour concierge service; Laundry located on the same floor
