Two-Bedroom Residential Income
For Sale
$449,900
2501 CALVERT STREET NW Unit 103, Washington, DC 20008
Two-bedroom condo with two full bathrooms and an open interior layout.
Property Size1,254 SF
Days on Market80
Property Features for 2501 CALVERT STREET NW Unit 103
General Information
Standard status
Active
Size
1,254 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Woodland
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,468
Building Details
Building Size
1,254 SF
Year Built
1968
Listing Agency:
Compass
Listed By:
Mohammad Reza Akhavan · License #sp200201767
(202) 309-0073
Source:
Kwcapitalproperties
Added: Aug 13
Changed: Oct 31
Last Checked: Oct 30 at 11:57PM
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
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 residential income condominium includes two bedrooms, two full bathrooms, and an open floor plan that supports everyday living and entertaining. Large windows bring abundant daylight into the unit, while the generously sized bedrooms provide distinct private spaces. Built in 1968, the property is located at 2501 Calvert Street NW, Unit 103, in Washington, DC.
The home is steps from the Woodley Park-Zoo/Adams Morgan Metro station, providing access to downtown Washington and other parts of the city. The National Zoo and Rock Creek Park are nearby, along with neighborhood restaurants, cafés, and shops.
The home is steps from the Woodley Park-Zoo/Adams Morgan Metro station, providing access to downtown Washington and other parts of the city. The National Zoo and Rock Creek Park are nearby, along with neighborhood restaurants, cafés, and shops.
Key Highlights
- Two‑bedroom, two‑bathroom condominium
- Open floor plan with large windows
- Generously sized bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,836
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$416,720
$416.7K
Cap Rate 7%
$297,657
$297.7K
Cap Rate 9%
$231,511
$231.5K
Market Conditions
NOI Build-Up for 1,254 SF
Gross rent
$39.9K $31.80/SF
− Vacancy
−$2.0K −$1.59/SF
EGI
$37.9K $30.21/SF
− OpEx
−$17.0K −$13.59/SF
NOI
$20.8K $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%
$416,720
Cap Rate 7%
$297,657
Cap Rate 9%
$231,511
Alternative Uses
Best Use
Apartment 5plus
$297.7K
$260.5K – $347.3K
NOI $20,836 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$645.0K
$564.4K – $752.5K
NOI $45,151 @ 7.0% cap · market cap 10.04%
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
1,433
Businesses Nearby
Explore this area
Business Placement
Demographics for 20008, DC
30,143
Population
18,083
Households
1.7
Avg Household Size
38
Median Age
89%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,724
Density / Sq Mi
$123,653
Median Household Income
$87,607
Median Earnings
$2,202
Median Rent
$894,100
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 - Two-bedroom condo with two full bathrooms and an open interior layout.
Where is this residential income property located?
The property is located at 2501 CALVERT STREET NW Unit 103 Washington, DC.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Two‑bedroom, two‑bathroom condominium; Open floor plan with large windows; Generously sized bedrooms
