One-Bedroom Residential Income
For Sale
$299,500
4308 GEORGIA AVENUE NW Unit 404, Washington, DC 20011
The unit combines an in-home washer and dryer with a renovated kitchen and access to a communal rooftop terrace.
Property Size599 SF
Price / SF$500
Days on Market39
Property Features for 4308 GEORGIA AVENUE NW Unit 404
General Information
Standard status
Active
Size
599 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,071
Amenities
shared roof deck
in-unit washer/dryer
Juliet balcony
Building Details
Building Size
599 SF
Year Built
2017
Listing Agency:
Compass
Listed By:
Seth S Turner · License #sp215088
(202) 253-2913
Source:
Jackrealtygroup
Added: Sep 21
Changed: Oct 26
Last Checked: Oct 26 at 10:33AM
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 Compass
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Investment Insights
Based on property information with market context.
This one-bedroom residence offers 599 square feet of interior space in a building completed in 2017. The unit features wood flooring, high ceilings, large replacement windows, and a Juliet balcony. Its kitchen includes white Shaker cabinetry, quartz counters, and a breakfast bar; laundry is located inside the unit. Organized closets provide built-in storage, and residents can use the building’s shared roof deck.
The property is near Metro access, Safeway, Yes! Organic Market, and restaurants along Upshur Street.
The property is near Metro access, Safeway, Yes! Organic Market, and restaurants along Upshur Street.
Key Highlights
- 599 square feet; one‑bedroom unit
- Built in 2017
- In‑unit front‑loading washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,534
Cap Rate
3.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$190,680
$190.7K
Cap Rate 7%
$136,200
$136.2K
Cap Rate 9%
$105,933
$105.9K
Market Conditions
NOI Build-Up for 599 SF
Gross rent
$18.4K $30.72/SF
− Vacancy
−$1.1K −$1.78/SF
EGI
$17.3K $28.94/SF
− OpEx
−$7.8K −$13.02/SF
NOI
$9.5K $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%
$190,680
Cap Rate 7%
$136,200
Cap Rate 9%
$105,933
Alternative Uses
Best Use
Apartment 5plus
$136.2K
$119.2K – $158.9K
NOI $9,534 @ 7.0% cap · market cap 3.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$309.3K
$270.6K – $360.8K
NOI $21,649 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with authorities.
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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 - The unit combines an in-home washer and dryer with a renovated kitchen and access to a communal rooftop terrace.
Where is this residential income property located?
The property is located at 4308 GEORGIA AVENUE NW Unit 404 Washington, DC.
What is the asking price?
The asking price for this property is $299,500.
What are key features of this property?
This property features: 599 square feet; one‑bedroom unit; Built in 2017; In‑unit front‑loading washer and dryer
