Two-Bedroom
For Sale
$549,000
2412 17TH STREET NW Unit C-03, Washington, DC 20009
Two full bathrooms, an open living and dining area, and a separate laundry room shape this residence.
Property Size1,211 SF
Price / SF$453.34
Days on Market21
Property Features for 2412 17TH STREET NW Unit C-03
General Information
Standard status
Active
Size
1,211 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Fort Stanton
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,196
Building Details
Building Size
1,211 SF
Year Built
1910
Listing Agency:
Compass
Listed By:
Jennifer S Smira · License #SP600505
(202) 280-2060
Source:
Canopy-re
Added: Oct 8
Changed: Oct 27
Last Checked: Oct 26 at 12:27PM
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 Compass
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Investment Insights
Based on property information with market context.
This 1,211-square-foot condominium has two bedrooms and two full bathrooms. The open layout connects the kitchen with the living and dining areas; kitchen features include white quartz counters, stainless steel appliances, heated floors, and a breakfast bar. Maple flooring and oversized windows extend through the home. The primary bedroom includes a walk-in closet with built-ins and an en-suite bath, while the second bedroom is near the other full bathroom. A dedicated laundry room has a full-size washer and dryer, along with storage space.
The residence is across from Harris Teeter and within steps of restaurants, shops, and nightlife in Adams Morgan, Dupont Circle, and Kalorama. The condominium building dates to 1910.
The residence is across from Harris Teeter and within steps of restaurants, shops, and nightlife in Adams Morgan, Dupont Circle, and Kalorama. The condominium building dates to 1910.
Key Highlights
- 1,211 square feet with two bedrooms and two full bathrooms
- Open kitchen, living, and dining arrangement with breakfast bar
- Kitchen includes white quartz counters, heated floors, and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,566
Cap Rate
4.29%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,320
$471.3K
Cap Rate 7%
$336,657
$336.7K
Cap Rate 9%
$261,844
$261.8K
Market Conditions
NOI Build-Up for 1,211 SF
Gross rent
$45.5K $37.56/SF
− Vacancy
−$2.6K −$2.18/SF
EGI
$42.8K $35.38/SF
− OpEx
−$19.3K −$15.92/SF
NOI
$23.6K $19.46/SF
Area
ZIP 20009
Vacancy
5.80%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$471,320
Cap Rate 7%
$336,657
Cap Rate 9%
$261,844
Alternative Uses
Best Use
Apartment 5plus
$336.7K
$294.6K – $392.8K
NOI $23,566 @ 7.0% cap · market cap 4.29%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$622.9K
$545.0K – $726.7K
NOI $43,603 @ 7.0% cap · market cap 7.94%
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
694
Businesses Nearby
Explore this area
Business Placement
Demographics for 20009, DC
53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Two full bathrooms, an open living and dining area, and a separate laundry room shape this residence.
Where is this residential income property located?
The property is located at 2412 17TH STREET NW Unit C-03 Washington, DC.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: 1,211 square feet with two bedrooms and two full bathrooms; Open kitchen, living, and dining arrangement with breakfast bar; Kitchen includes white quartz counters, heated floors, and stainless steel appliances
