Penthouse Residential Income
For Sale
$365,000
2818 CONNECTICUT AVENUE NW Unit 14, Washington, DC 20008
A skylit residence combines an open layout with a private primary suite and a guest half-bath.
Property Size787 SF
Price / SF$463.79
Days on Market23
Property Features for 2818 CONNECTICUT AVENUE NW Unit 14
General Information
Standard status
Active
Size
787 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Woodley Park
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,824
Amenities
concierge services
controlled security access
common courtyard
dedicated bike storage
Building Details
Building Size
787 SF
Year Built
1923
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Oct 7
Changed: Oct 26
Last Checked: Oct 26 at 1:34PM
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 787-square-foot penthouse residence has an open floor plan centered on a skylight, hardwood floors, and a primary suite set apart from a guest half-bath. The kitchen includes granite countertops, stainless steel appliances, and a gas range. In-unit laundry and central HVAC installed in 2026 add to the unit’s features.
Building amenities include concierge service, controlled access, a shared courtyard, and bike storage. The property is steps from the Woodley Park-Zoo Red Line Metro station, Rock Creek Park, the National Zoo, and neighborhood dining. Street parking is available nearby; a dedicated space across the street at The Carlton may be purchased separately.
Building amenities include concierge service, controlled access, a shared courtyard, and bike storage. The property is steps from the Woodley Park-Zoo Red Line Metro station, Rock Creek Park, the National Zoo, and neighborhood dining. Street parking is available nearby; a dedicated space across the street at The Carlton may be purchased separately.
Key Highlights
- 787‑square‑foot penthouse residence with a central skylight
- Primary suite and separate guest half‑bath
- Kitchen has granite countertops, stainless steel appliances, and a gas range
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,076
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,520
$261.5K
Cap Rate 7%
$186,800
$186.8K
Cap Rate 9%
$145,289
$145.3K
Market Conditions
NOI Build-Up for 787 SF
Gross rent
$25.0K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$23.8K $30.21/SF
− OpEx
−$10.7K −$13.59/SF
NOI
$13.1K $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%
$261,520
Cap Rate 7%
$186,800
Cap Rate 9%
$145,289
Alternative Uses
Best Use
Apartment 5plus
$186.8K
$163.5K – $217.9K
NOI $13,076 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$404.8K
$354.2K – $472.3K
NOI $28,337 @ 7.0% cap · market cap 7.76%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,211
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - A skylit residence combines an open layout with a private primary suite and a guest half-bath.
Where is this residential income property located?
The property is located at 2818 CONNECTICUT AVENUE NW Unit 14 Washington, DC.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: 787‑square‑foot penthouse residence with a central skylight; Primary suite and separate guest half‑bath; Kitchen has granite countertops, stainless steel appliances, and a gas range
