One-Bedroom Residential Income
For Sale
$249,900
4308 GEORGIA AVENUE NW Unit 104, Washington, DC 20011
A private patio and shared rooftop deck complement the unit’s updated kitchen and in-home laundry.
Property Size503 SF
Price / SF$496.82
Days on Market57
Property Features for 4308 GEORGIA AVENUE NW Unit 104
General Information
Standard status
Active
Size
503 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,840
Amenities
rooftop deck
private patio
in-unit washer/dryer
Building Details
Building Size
503 SF
Year Built
2017
Listing Agency:
KW United
Listed By:
Andrew Biggers · License #SP98362700
(202) 431-2515
Source:
Jackrealtygroup
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 26 at 3:37PM
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 KW United
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Investment Insights
Based on property information with market context.
This 2017 one-bedroom, one-bath residence offers 503 square feet of living space. The open living and dining area has tile flooring and recessed lighting, while the kitchen features quartz counters, a breakfast bar, and stainless steel appliances. Two closets with custom built-ins serve the bedroom, and a full-size washer and dryer are located in the bathroom. The unit also includes a private patio and access to a rooftop deck.
The property is five blocks from the Georgia Avenue Metro station and near Triangle Park, Upshur Street, and shops, dining, and entertainment along Georgia Avenue.
The property is five blocks from the Georgia Avenue Metro station and near Triangle Park, Upshur Street, and shops, dining, and entertainment along Georgia Avenue.
Key Highlights
- 503‑square‑foot, one‑bedroom, one‑bath residence built in 2017
- Private patio and access to a rooftop deck
- Five blocks from the Georgia Avenue Metro station
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,006
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$160,120
$160.1K
Cap Rate 7%
$114,371
$114.4K
Cap Rate 9%
$88,956
$89.0K
Market Conditions
NOI Build-Up for 503 SF
Gross rent
$15.5K $30.72/SF
− Vacancy
−$896 −$1.78/SF
EGI
$14.6K $28.94/SF
− OpEx
−$6.6K −$13.02/SF
NOI
$8.0K $15.92/SF
Area
ZIP 20011
Vacancy
5.80%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$160,120
Cap Rate 7%
$114,371
Cap Rate 9%
$88,956
Alternative Uses
Best Use
Apartment 5plus
$114.4K
$100.1K – $133.4K
NOI $8,006 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$259.7K
$227.2K – $303.0K
NOI $18,179 @ 7.0% cap · market cap 7.27%
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
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,790
Businesses Nearby
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Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A private patio and shared rooftop deck complement the unit’s updated kitchen and in-home laundry.
Where is this residential income property located?
The property is located at 4308 GEORGIA AVENUE NW Unit 104 Washington, DC.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 503‑square‑foot, one‑bedroom, one‑bath residence built in 2017; Private patio and access to a rooftop deck; Five blocks from the Georgia Avenue Metro station
