One-Bedroom Residential
For Sale
$230,000
4600 CONNECTICUT AVENUE NW Unit 215, Washington, DC 20008
The unit includes parquet flooring, access to a rooftop, and use of a building fitness center.
Property Size600 SF
Price / SF$383.33
Days on Market186
Property Features for 4600 CONNECTICUT AVENUE NW Unit 215
General Information
Standard status
Active
Size
600 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wakefield
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,455
Amenities
rooftop
fitness center
Building Details
Building Size
600 SF
Year Built
1948
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Apr 28
Changed: Oct 27
Last Checked: Oct 26 at 3:55PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bathroom condominium unit features parquet flooring and natural light. Residents have access to a rooftop and a fitness center. Parking can be rented through the building, and service animals and emotional support animals are permitted.
The property is near dining, shopping, and Metro service in Washington, DC.
The property is near dining, shopping, and Metro service in Washington, DC.
Key Highlights
- One bedroom and one bathroom
- Parquet flooring and natural light
- Building amenities include a rooftop and fitness center
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,969
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$199,380
$199.4K
Cap Rate 7%
$142,414
$142.4K
Cap Rate 9%
$110,767
$110.8K
Market Conditions
NOI Build-Up for 600 SF
Gross rent
$19.1K $31.80/SF
− Vacancy
−$954 −$1.59/SF
EGI
$18.1K $30.21/SF
− OpEx
−$8.2K −$13.59/SF
NOI
$10.0K $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%
$199,380
Cap Rate 7%
$142,414
Cap Rate 9%
$110,767
Alternative Uses
Best Use
Apartment 5plus
$142.4K
$124.6K – $166.2K
NOI $9,969 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$308.6K
$270.0K – $360.1K
NOI $21,603 @ 7.0% cap · market cap 9.39%
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
1,350
Businesses Nearby
Explore this area
Business Placement
Demographics for 20008, DC
30,143
Population
18,083
Households
1.7
Avg Household Size
38
Median Age
89%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,724
Density / Sq Mi
$123,653
Median Household Income
$87,607
Median Earnings
$2,202
Median Rent
$894,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The unit includes parquet flooring, access to a rooftop, and use of a building fitness center.
Where is this residential income property located?
The property is located at 4600 CONNECTICUT AVENUE NW Unit 215 Washington, DC.
What is the asking price?
The asking price for this property is $230,000.
What are key features of this property?
This property features: One bedroom and one bathroom; Parquet flooring and natural light; Building amenities include a rooftop and fitness center
