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One-Bedroom Residential Property
For Sale
$340,000

2501 CALVERT STREET NW Unit 711, Washington, DC 20008

An expanded kitchen and separate dining area complement the unit’s open living space.

Property Size635 SF
Price / SF$535.43
Days on Market15

Property Features for 2501 CALVERT STREET NW Unit 711

General Information

Standard status Active
Size 635 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Woodland
Public Transit Yes

Units

Unit Mix 1 x 1BR/1FB
Multifamily Units 1

Taxes and HOA fees

Annual Taxes $2,368

Amenities

rooftop
secured parking

Building Details

Building Size 635 SF
Year Built 1968
Listing Agency: eXp Realty
Listed By: Canopy Property Group · License #670867
Source: Canopy-re
Added: Oct 15 Changed: Oct 26 Last Checked: Oct 26 at 1:49PM

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 eXp Realty

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Investment Insights

Based on property information with market context.

This 635-square-foot residence, built in 1968, has one bedroom and one full bathroom. Its open layout includes an expanded kitchen with added prep and storage space, room for casual dining, and a designated dining area beside the living room. Large windows bring in natural light and frame treetop and city views. The bedroom includes a walk-in closet. Building amenities include a rooftop with views across the District; the current owner is second in line for secure parking in the building.

The property is in Washington, DC’s Woodley Park area, less than a five-minute walk from the Woodley Park–Zoo/Adams Morgan Metro station. Nearby transportation options include bus stops and Capital Bikeshare stations. The Smithsonian National Zoo is about a 10-minute walk away, with restaurants and cafes in the surrounding area. Rock Creek Park, Connecticut Avenue, Adams Morgan, Dupont Circle, Georgetown, and Dumbarton Oaks are also identified nearby.

Key Highlights

  • 635‑square‑foot, one‑bedroom residence with one full bathroom
  • Expanded kitchen with additional prep and storage space, plus a separate dining area
  • Bedroom has a walk‑in closet; large windows provide treetop and city views

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$10,551
Cap Rate
3.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$211,020 $211.0K
Cap Rate 7%
$150,729 $150.7K
Cap Rate 9%
$117,233 $117.2K
Market Conditions
NOI Build-Up for 635 SF
Gross rent
$20.2K $31.80/SF
− Vacancy
−$1.0K −$1.59/SF
EGI
$19.2K $30.21/SF
− OpEx
−$8.6K −$13.59/SF
NOI
$10.6K $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%
$211,020
Cap Rate 7%
$150,729
Cap Rate 9%
$117,233

Alternative Uses

Best Use
Apartment 5plus
$150.7K
$131.9K – $175.9K (±1% cap)
NOI $10,551 @ 7.0% cap · market cap 3.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$326.6K
$285.8K – $381.1K (±1% cap)
NOI $22,864 @ 7.0% cap · market cap 6.72%
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

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 - An expanded kitchen and separate dining area complement the unit’s open living space.
Where is this residential income property located?
The property is located at 2501 CALVERT STREET NW Unit 711 Washington, DC.
What is the asking price?
The asking price for this property is $340,000.
What are key features of this property?
This property features: 635‑square‑foot, one‑bedroom residence with one full bathroom; Expanded kitchen with additional prep and storage space, plus a separate dining area; Bedroom has a walk‑in closet; large windows provide treetop and city views
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