Renovated Residential Income
For Sale
$389,999
4301 MASSACHUSETTS AVENUE NW Unit 5007, Washington, DC 20016
The residence combines a two-bedroom configuration with an open living area and a private storage unit.
Property Size948 SF
Price / SF$411.39
Days on Market127
Property Features for 4301 MASSACHUSETTS AVENUE NW Unit 5007
General Information
Standard status
Active
Size
948 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Fort Davis
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,597
Amenities
24-hour front desk service
secure entry
rooftop deck
on-site management
laundry facilities
pet-friendly environment
private storage unit
Building Details
Building Size
948 SF
Year Built
1951
Listing Agency:
Houwzer, LLC
Listed By:
Pamela Debnam · License #SP200200774
(252) 903-3616
Source:
Exqrealestate
Added: Jun 26
Changed: Oct 27
Last Checked: Oct 26 at 3:20PM
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 Houwzer, LLC
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Investment Insights
Based on property information with market context.
This renovated residence at The Greenbriar has a two-bedroom layout, an open living area, hardwood floors, recessed lighting, and custom built-ins. The kitchen includes quartz counters, stainless steel appliances, a built-in oven, cooktop, dishwasher, and peninsula. The bathroom has a glass-enclosed shower, tile finishes, and designer fixtures. A private storage unit is included with the sale.
Building amenities include a 24-hour front desk, controlled entry, rooftop deck, on-site management, and laundry facilities. The property is on Massachusetts Avenue NW in Washington, DC, near American University, shopping, dining, and parks. Utilities are included in the condo fee.
Building amenities include a 24-hour front desk, controlled entry, rooftop deck, on-site management, and laundry facilities. The property is on Massachusetts Avenue NW in Washington, DC, near American University, shopping, dining, and parks. Utilities are included in the condo fee.
Key Highlights
- Renovated residence with two‑bedroom functionality and open living space
- Kitchen features quartz counters, stainless steel appliances, built‑in oven, cooktop, dishwasher, and peninsula
- Private storage unit included with the sale
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,751
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$315,020
$315.0K
Cap Rate 7%
$225,014
$225.0K
Cap Rate 9%
$175,011
$175.0K
Market Conditions
NOI Build-Up for 948 SF
Gross rent
$30.1K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$28.6K $30.21/SF
− OpEx
−$12.9K −$13.59/SF
NOI
$15.8K $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%
$315,020
Cap Rate 7%
$225,014
Cap Rate 9%
$175,011
Alternative Uses
Best Use
Apartment 5plus
$225.0K
$196.9K – $262.5K
NOI $15,751 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$487.6K
$426.7K – $568.9K
NOI $34,133 @ 7.0% cap · market cap 8.75%
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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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
424
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 - The residence combines a two-bedroom configuration with an open living area and a private storage unit.
Where is this residential income property located?
The property is located at 4301 MASSACHUSETTS AVENUE NW Unit 5007 Washington, DC.
What is the asking price?
The asking price for this property is $389,999.
What are key features of this property?
This property features: Renovated residence with two‑bedroom functionality and open living space; Kitchen features quartz counters, stainless steel appliances, built‑in oven, cooktop, dishwasher, and peninsula; Private storage unit included with the sale
