Remodeled One-Bedroom
For Sale
$173,000
4124 AMES STREET NE Unit 13, Washington, DC 20019
The one-bedroom residence includes updated appliances, recessed lighting, and refreshed interior finishes.
Property Size688 SF
Price / SF$251.45
Days on Market234
Property Features for 4124 AMES STREET NE Unit 13
General Information
Standard status
Active
Size
688 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Benning
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,072
Building Details
Building Size
688 SF
Year Built
1963
Listing Agency:
Samson Properties
Listed By:
Brookklin Brown · License #SP98379715
(202) 696-8074
Source:
Jackrealtygroup
Added: Mar 11
Changed: Oct 26
Last Checked: Oct 30 at 1:31PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This 688-square-foot condominium has one bedroom and one bathroom. Interior updates include a stove, refrigerator, recessed lighting, modern flooring, and fresh paint. Built in 1963, the unit is presented as suitable for rental use or owner occupancy.
Key Highlights
- 688‑square‑foot condo with one bedroom and one bathroom
- Interior updates include a stove, refrigerator, recessed lighting, flooring, and fresh paint
- Built in 1963
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,866
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,320
$237.3K
Cap Rate 7%
$169,514
$169.5K
Cap Rate 9%
$131,844
$131.8K
Market Conditions
NOI Build-Up for 688 SF
Gross rent
$23.0K $33.36/SF
− Vacancy
−$1.4K −$2.00/SF
EGI
$21.6K $31.36/SF
− OpEx
−$9.7K −$14.11/SF
NOI
$11.9K $17.25/SF
Area
ZIP 20019
Vacancy
6.00%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$237,320
Cap Rate 7%
$169,514
Cap Rate 9%
$131,844
Alternative Uses
Best Use
Apartment 5plus
$169.5K
$148.3K – $197.8K
NOI $11,866 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$369.7K
$323.5K – $431.3K
NOI $25,880 @ 7.0% cap · market cap 14.96%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
803
Businesses Nearby
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Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The one-bedroom residence includes updated appliances, recessed lighting, and refreshed interior finishes.
Where is this residential income property located?
The property is located at 4124 AMES STREET NE Unit 13 Washington, DC.
What is the asking price?
The asking price for this property is $173,000.
What are key features of this property?
This property features: 688‑square‑foot condo with one bedroom and one bathroom; Interior updates include a stove, refrigerator, recessed lighting, flooring, and fresh paint; Built in 1963
