Private-Entry Residential Income
For Sale
$325,000
28 17TH STREET SE, Washington, DC 20003
Condominium asset with a dedicated entrance in Washington, DC.
Property Size628 SF
Days on Market72
Property Features for 28 17TH STREET SE
General Information
Standard status
Active
Size
628 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southeast
Taxes and HOA fees
Annual Taxes
$2,357
Building Details
Building Size
628 SF
Year Built
1954
Listing Agency:
Compass
Listed By:
Avery Boyce · License #SP98370425
(202) 422-3081
Source:
Kwcapitalproperties
Added: Aug 21
Changed: Oct 29
Last Checked: Oct 30 at 7:22PM
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 Compass
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Investment Insights
Based on property information with market context.
This residential income property is a condominium with its own private entrance. The building dates to 1954 and is located at 28 17th Street SE in Washington, DC 20003.
Key Highlights
- Condominium with a private entrance
- Located at 28 17th Street SE, Washington, DC 20003
- Building constructed in 1954
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,435
Cap Rate
3.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$208,700
$208.7K
Cap Rate 7%
$149,071
$149.1K
Cap Rate 9%
$115,944
$115.9K
Market Conditions
NOI Build-Up for 628 SF
Gross rent
$20.0K $31.80/SF
− Vacancy
−$999 −$1.59/SF
EGI
$19.0K $30.21/SF
− OpEx
−$8.5K −$13.59/SF
NOI
$10.4K $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%
$208,700
Cap Rate 7%
$149,071
Cap Rate 9%
$115,944
Alternative Uses
Best Use
Apartment 5plus
$149.1K
$130.4K – $173.9K
NOI $10,435 @ 7.0% cap · market cap 3.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$323.0K
$282.7K – $376.9K
NOI $22,612 @ 7.0% cap · market cap 6.96%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
952
Businesses Nearby
Explore this area
Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium asset with a dedicated entrance in Washington, DC.
Where is this residential income property located?
The property is located at 28 17TH STREET SE Washington, DC.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Condominium with a private entrance; Located at 28 17th Street SE, Washington, DC 20003; Building constructed in 1954
