Top-Floor One-Bedroom
For Sale
$184,900
4402 1ST PLACE NE Unit 32, Washington, DC 20011
An open living and dining area, hardwood floors, and generous closet storage shape this upper-level residence.
Property Size631 SF
Price / SF$293.03
Days on Market92
Property Features for 4402 1ST PLACE NE Unit 32
General Information
Standard status
Active
Size
631 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Pleasant Hill
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$823
Building Details
Building Size
631 SF
Year Built
1955
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Nadia Aminov · License #SP98362614
(571) 331-9745
Source:
Jackrealtygroup
Added: Jul 29
Changed: Oct 27
Last Checked: Oct 26 at 3:38PM
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 Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
This top-floor, one-bedroom, one-bathroom condo offers 631 square feet of living space. Its open living and dining area has hardwood floors, and the bedroom receives natural light. Multiple large closets provide storage. The building dates to 1955.
The property is in Northeast Washington, DC, with Brookland, Fort Totten, and Takoma identified as nearby areas. Metro, parks, neighborhood restaurants, shopping, and major commuter routes are also noted in the surrounding area.
The property is in Northeast Washington, DC, with Brookland, Fort Totten, and Takoma identified as nearby areas. Metro, parks, neighborhood restaurants, shopping, and major commuter routes are also noted in the surrounding area.
Key Highlights
- 631‑square‑foot, top‑floor condo
- One bedroom and one bathroom
- Open living and dining area with hardwood floors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,043
Cap Rate
5.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$200,860
$200.9K
Cap Rate 7%
$143,471
$143.5K
Cap Rate 9%
$111,589
$111.6K
Market Conditions
NOI Build-Up for 631 SF
Gross rent
$19.4K $30.72/SF
− Vacancy
−$1.1K −$1.78/SF
EGI
$18.3K $28.94/SF
− OpEx
−$8.2K −$13.02/SF
NOI
$10.0K $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%
$200,860
Cap Rate 7%
$143,471
Cap Rate 9%
$111,589
Alternative Uses
Best Use
Apartment 5plus
$143.5K
$125.5K – $167.4K
NOI $10,043 @ 7.0% cap · market cap 5.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$325.8K
$285.1K – $380.1K
NOI $22,805 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
475
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 - An open living and dining area, hardwood floors, and generous closet storage shape this upper-level residence.
Where is this residential income property located?
The property is located at 4402 1ST PLACE NE Unit 32 Washington, DC.
What is the asking price?
The asking price for this property is $184,900.
What are key features of this property?
This property features: 631‑square‑foot, top‑floor condo; One bedroom and one bathroom; Open living and dining area with hardwood floors
