One-Bedroom Residential
For Sale
$205,000
4600 CONNECTICUT AVENUE NW Unit 222, Washington, DC 20008
Building amenities include concierge service, 24-hour security, a fitness room, gardens, and a rooftop deck.
Property Size550 SF
Price / SF$372.73
Days on Market13
Property Features for 4600 CONNECTICUT AVENUE NW Unit 222
General Information
Standard status
Active
Size
550 SF
Elevators
Yes
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
$1,284
Amenities
concierge service
24-hour security
fitness room
gardens
rooftop deck
on-site parking
laundry facilities
Building Details
Building Size
550 SF
Year Built
1948
Year Renovated
2009
Listing Agency:
RLAH @properties
Listed By:
Thomas E Doyle · License #SP98374375
(202) 540-0776
Source:
Jackrealtygroup
Added: Oct 16
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 RLAH @properties
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Investment Insights
Based on property information with market context.
Unit 222 is a one-bedroom, one-bath residence in a building constructed in 1948 and renovated in 2009. The unit has fresh interior paint, new bedroom carpet, and new window blinds. Its building provides concierge service, 24-hour security, multiple elevators, a fitness room, gardens, and a rooftop deck. Laundry facilities are also available on site, and secure parking can be rented.
A bus stop is on the block, with a Metro station a couple of blocks away. The association fee covers air conditioning, electricity, and lawn maintenance.
A bus stop is on the block, with a Metro station a couple of blocks away. The association fee covers air conditioning, electricity, and lawn maintenance.
Key Highlights
- One‑bedroom, one‑bath unit
- Building constructed in 1948 and renovated in 2009
- Concierge service, 24‑hour security, multiple elevators, fitness room, gardens, and rooftop deck
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,139
Cap Rate
4.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$182,780
$182.8K
Cap Rate 7%
$130,557
$130.6K
Cap Rate 9%
$101,544
$101.5K
Market Conditions
NOI Build-Up for 550 SF
Gross rent
$17.5K $31.80/SF
− Vacancy
−$875 −$1.59/SF
EGI
$16.6K $30.21/SF
− OpEx
−$7.5K −$13.59/SF
NOI
$9.1K $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%
$182,780
Cap Rate 7%
$130,557
Cap Rate 9%
$101,544
Alternative Uses
Best Use
Apartment 5plus
$130.6K
$114.2K – $152.3K
NOI $9,139 @ 7.0% cap · market cap 4.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$282.9K
$247.5K – $330.1K
NOI $19,803 @ 7.0% cap · market cap 9.66%
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
1,350
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 - Building amenities include concierge service, 24-hour security, a fitness room, gardens, and a rooftop deck.
Where is this residential income property located?
The property is located at 4600 CONNECTICUT AVENUE NW Unit 222 Washington, DC.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: One‑bedroom, one‑bath unit; Building constructed in 1948 and renovated in 2009; Concierge service, 24‑hour security, multiple elevators, fitness room, gardens, and rooftop deck
