Updated One-Bedroom
New
For Sale
$330,000
2500 Q STREET NW Unit 206, Washington, DC 20007
Residents have access to a fitness room, concierge service, elevator, and shared meeting space.
Property Size840 SF
Days on Market6
Property Features for 2500 Q STREET NW Unit 206
General Information
Standard status
Active
Size
840 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Sheridan-Kalorama
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,068
Amenities
common grounds
concierge
extra storage
fitness center
laundry facilities
meeting room
security
Building Details
Building Size
840 SF
Year Built
1942
Listing Agency:
Samson Properties
Listed By:
William Wu · License #200200683
(703) 969-2883
Source:
Kwcapitalproperties
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 3:22PM
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 Samson Properties
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 one-bedroom, one-bath condominium in Washington, DC, was built in 1942 and has been updated. Building features include a fitness center, concierge, elevator, laundry facilities, meeting room, security, common grounds, and extra storage. The monthly condominium fee covers all utilities.
The unit is near bus and Metro service, with Georgetown, Dupont Circle, and Rock Creek Park among the nearby destinations. A separately deeded garage parking space is available for purchase.
The unit is near bus and Metro service, with Georgetown, Dupont Circle, and Rock Creek Park among the nearby destinations. A separately deeded garage parking space is available for purchase.
Key Highlights
- One bedroom and one bathroom; updated interior
- Monthly condo fee covers all utilities
- Building amenities include concierge, elevator, fitness center, laundry, meeting room, security, common grounds, and extra storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,957
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,140
$279.1K
Cap Rate 7%
$199,386
$199.4K
Cap Rate 9%
$155,078
$155.1K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$26.7K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$25.4K $30.21/SF
− OpEx
−$11.4K −$13.59/SF
NOI
$14.0K $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%
$279,140
Cap Rate 7%
$199,386
Cap Rate 9%
$155,078
Alternative Uses
Best Use
Apartment 5plus
$199.4K
$174.5K – $232.6K
NOI $13,957 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.1K
$378.1K – $504.1K
NOI $30,245 @ 7.0% cap · market cap 9.17%
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
Location Intelligence
Trade Area within ½ mile
16,715
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 - Residents have access to a fitness room, concierge service, elevator, and shared meeting space.
Where is this residential income property located?
The property is located at 2500 Q STREET NW Unit 206 Washington, DC.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: One bedroom and one bathroom; updated interior; Monthly condo fee covers all utilities; Building amenities include concierge, elevator, fitness center, laundry, meeting room, security, common grounds, and extra storage
