Top-Floor Residential
For Sale
$259,000
3026 WISCONSIN AVENUE NW Unit 205, Washington, DC 20016
A one-bedroom residence combines hardwood flooring, gas cooking, and in-unit laundry in a managed condominium building.
Property Size473 SF
Price / SF$547.57
Days on Market93
Property Features for 3026 WISCONSIN AVENUE NW Unit 205
General Information
Standard status
Active
Size
473 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Cathedral Heights
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,233
Amenities
private park
grilling area
seating
fenced dog run
on-site professional management
bike storage
in-unit laundry
Building Details
Building Size
473 SF
Year Built
1930
Listing Agency:
McWilliams/Ballard Inc.
Listed By:
Timur Loynab · License #0225104044
(571) 215-6554
Source:
Jackrealtygroup
Added: Jul 29
Changed: Oct 27
Last Checked: Oct 26 at 2:49PM
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 McWilliams/Ballard Inc.
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Investment Insights
Based on property information with market context.
This 473-square-foot, top-floor condominium residence includes one bedroom, hardwood floors, generous closet storage, and laundry within the unit. The kitchen has a window and gas cooking. Built in 1930, Cathedral Court Condominium also provides bike storage, a fenced dog run, and a private park with grilling and seating areas, along with on-site professional management. The building is pet-friendly.
The property is directly across from the National Cathedral. Restaurants including 2Amys, Cactus Cantina, and La Piquette, as well as Giant Food, are within walking distance.
The property is directly across from the National Cathedral. Restaurants including 2Amys, Cactus Cantina, and La Piquette, as well as Giant Food, are within walking distance.
Key Highlights
- 473‑square‑foot, top‑floor one‑bedroom residence
- Hardwood floors throughout and generous closet storage
- Windowed kitchen with gas cooking; laundry in the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$7,859
Cap Rate
3.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$157,180
$157.2K
Cap Rate 7%
$112,271
$112.3K
Cap Rate 9%
$87,322
$87.3K
Market Conditions
NOI Build-Up for 473 SF
Gross rent
$15.0K $31.80/SF
− Vacancy
−$752 −$1.59/SF
EGI
$14.3K $30.21/SF
− OpEx
−$6.4K −$13.59/SF
NOI
$7.9K $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%
$157,180
Cap Rate 7%
$112,271
Cap Rate 9%
$87,322
Alternative Uses
Best Use
Apartment 5plus
$112.3K
$98.2K – $131.0K
NOI $7,859 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$243.3K
$212.9K – $283.9K
NOI $17,031 @ 7.0% cap · market cap 6.58%
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
Location Intelligence
Trade Area within ½ mile
1,258
Businesses Nearby
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Business Placement
Demographics for 20016, DC
35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence combines hardwood flooring, gas cooking, and in-unit laundry in a managed condominium building.
Where is this residential income property located?
The property is located at 3026 WISCONSIN AVENUE NW Unit 205 Washington, DC.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 473‑square‑foot, top‑floor one‑bedroom residence; Hardwood floors throughout and generous closet storage; Windowed kitchen with gas cooking; laundry in the unit
