2-Bedroom Condominium with
For Sale
$275,000
3433 SUMMIT COURT NE Unit 3433, Washington, DC 20018
An open living area and fireplace shape the unit’s two-bedroom layout.
Property Size982 SF
Price / SF$280.04
Days on Market317
Property Features for 3433 SUMMIT COURT NE Unit 3433
General Information
Standard status
Active
Size
982 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Ft. Washington
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$1,198
Amenities
fireplace
Building Details
Building Size
982 SF
Year Built
1978
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Dec 17, 2025
Changed: Oct 27
Last Checked: Oct 26 at 2:34PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 982-square-foot condominium has two bedrooms, one bathroom, an open floor plan, and a fireplace in the living room. Built in 1978, the unit is offered in as-is condition through a short sale.
The property is near shopping at Dakota Crossing and public transportation.
The property is near shopping at Dakota Crossing and public transportation.
Key Highlights
- 982‑square‑foot condominium with two bedrooms and one bathroom
- Living room fireplace and open floor plan
- Built in 1978
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,316
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,320
$326.3K
Cap Rate 7%
$233,086
$233.1K
Cap Rate 9%
$181,289
$181.3K
Market Conditions
NOI Build-Up for 982 SF
Gross rent
$31.2K $31.80/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$29.7K $30.21/SF
− OpEx
−$13.3K −$13.59/SF
NOI
$16.3K $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%
$326,320
Cap Rate 7%
$233,086
Cap Rate 9%
$181,289
Alternative Uses
Best Use
Apartment 5plus
$233.1K
$204.0K – $271.9K
NOI $16,316 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$505.1K
$442.0K – $589.3K
NOI $35,358 @ 7.0% cap · market cap 12.86%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
859
Businesses Nearby
Explore this area
Business Placement
Demographics for 20018, DC
20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An open living area and fireplace shape the unit’s two-bedroom layout.
Where is this residential income property located?
The property is located at 3433 SUMMIT COURT NE Unit 3433 Washington, DC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 982‑square‑foot condominium with two bedrooms and one bathroom; Living room fireplace and open floor plan; Built in 1978
