Residential Income Property with
For Sale
$359,900
4114 DAVIS PLACE NW Unit 213, Washington, DC 20007
A one-bedroom condominium includes a private balcony and access to shared building amenities.
Property Size689 SF
Price / SF$522.35
Days on Market39
Property Features for 4114 DAVIS PLACE NW Unit 213
General Information
Standard status
Active
Size
689 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Glover Park
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,825
Amenities
patio area
BBQ setup
landscaped gardens
on-site management office
locked bike room
in-building laundry facilities
private balcony
Building Details
Building Size
689 SF
Year Built
1955
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Sep 21
Changed: Oct 26
Last Checked: Oct 26 at 1:49PM
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 eXp Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 213 is a 689-square-foot condominium with one bedroom, one bathroom, and an open living and dining area with a distinct dining space. Storage includes two bedroom closets and a separate walk-in closet, while a private balcony extends the unit's features outdoors. A separately deeded parking space is available with the unit. Built in 1955, the building has an on-site management office, laundry facilities, and a locked bicycle room. Residents can also use a landscaped patio area with umbrella tables and a barbecue setup.
The property is on Davis Place NW in Washington, DC. Glover Archbold Park's walking and jogging trails are steps away. City Ridge, with Wegmans, coffee shops, dining, and everyday services, is minutes from the building; Trader Joe's, Safeway, Starbucks, and Georgetown shopping and dining are also nearby. Water and gas are included in the condominium fee.
The property is on Davis Place NW in Washington, DC. Glover Archbold Park's walking and jogging trails are steps away. City Ridge, with Wegmans, coffee shops, dining, and everyday services, is minutes from the building; Trader Joe's, Safeway, Starbucks, and Georgetown shopping and dining are also nearby. Water and gas are included in the condominium fee.
Key Highlights
- 689‑square‑foot unit with one bedroom and one bathroom
- Private balcony and separately deeded parking space available with the unit
- Open living and dining area, two bedroom closets, and a separate walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,448
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,960
$229.0K
Cap Rate 7%
$163,543
$163.5K
Cap Rate 9%
$127,200
$127.2K
Market Conditions
NOI Build-Up for 689 SF
Gross rent
$21.9K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.8K $30.21/SF
− OpEx
−$9.4K −$13.59/SF
NOI
$11.4K $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%
$228,960
Cap Rate 7%
$163,543
Cap Rate 9%
$127,200
Alternative Uses
Best Use
Apartment 5plus
$163.5K
$143.1K – $190.8K
NOI $11,448 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$354.4K
$310.1K – $413.5K
NOI $24,808 @ 7.0% cap · market cap 6.89%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,178
Businesses Nearby
Explore this area
Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom condominium includes a private balcony and access to shared building amenities.
Where is this residential income property located?
The property is located at 4114 DAVIS PLACE NW Unit 213 Washington, DC.
What is the asking price?
The asking price for this property is $359,900.
What are key features of this property?
This property features: 689‑square‑foot unit with one bedroom and one bathroom; Private balcony and separately deeded parking space available with the unit; Open living and dining area, two bedroom closets, and a separate walk‑in closet
