Two-Bedroom Penthouse
For Sale
$439,000
2910 GEORGIA AVENUE NW Unit 404, Washington, DC 20001
Top-floor residence includes a private deeded parking space and access to a rooftop area.
Property Size832 SF
Price / SF$527.64
Days on Market180
Property Features for 2910 GEORGIA AVENUE NW Unit 404
General Information
Standard status
Active
Size
832 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Pleasant Plains
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Parking per Unit
1
Taxes and HOA fees
Annual Taxes
$3,552
Amenities
rooftop deck
Building Details
Building Size
832 SF
Year Built
2011
Buildings
1
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: May 4
Changed: Oct 26
Last Checked: Oct 26 at 1:28PM
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 832-square-foot, two-bedroom penthouse condominium is on the top floor of a building constructed in 2011. Hardwood floors extend throughout, while floor-to-ceiling windows bring natural light into the living and dining areas. The open kitchen has stainless steel appliances and mahogany-stained cabinetry. A separate space houses the washer and dryer. The building has an elevator and a rooftop area with expansive views; the residence also includes a deeded parking space beside the building’s parking entrance.
Two Metro stations are within walking distance: Columbia Heights is five blocks away, and Georgia Avenue–Petworth is eight blocks away. A bus line runs on Georgia Avenue. Whole Foods is five blocks away, a public tennis court is one block away, and restaurants are within walking distance. Children’s National Hospital, MedStar Washington Hospital Center, and Howard University Hospital are also identified as nearby medical facilities.
Two Metro stations are within walking distance: Columbia Heights is five blocks away, and Georgia Avenue–Petworth is eight blocks away. A bus line runs on Georgia Avenue. Whole Foods is five blocks away, a public tennis court is one block away, and restaurants are within walking distance. Children’s National Hospital, MedStar Washington Hospital Center, and Howard University Hospital are also identified as nearby medical facilities.
Key Highlights
- 832‑square‑foot, two‑bedroom penthouse condominium
- Top‑floor residence in a building constructed in 2011
- Private deeded parking space beside the building’s parking entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,824
Cap Rate
3.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$276,480
$276.5K
Cap Rate 7%
$197,486
$197.5K
Cap Rate 9%
$153,600
$153.6K
Market Conditions
NOI Build-Up for 832 SF
Gross rent
$26.5K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$25.1K $30.21/SF
− OpEx
−$11.3K −$13.59/SF
NOI
$13.8K $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%
$276,480
Cap Rate 7%
$197,486
Cap Rate 9%
$153,600
Alternative Uses
Best Use
Apartment 5plus
$197.5K
$172.8K – $230.4K
NOI $13,824 @ 7.0% cap · market cap 3.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$428.0K
$374.5K – $499.3K
NOI $29,957 @ 7.0% cap · market cap 6.82%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
5,498
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Top-floor residence includes a private deeded parking space and access to a rooftop area.
Where is this residential income property located?
The property is located at 2910 GEORGIA AVENUE NW Unit 404 Washington, DC.
What is the asking price?
The asking price for this property is $439,000.
What are key features of this property?
This property features: 832‑square‑foot, two‑bedroom penthouse condominium; Top‑floor residence in a building constructed in 2011; Private deeded parking space beside the building’s parking entrance
