One-Bedroom Residential Income
For Sale
$275,000
4600 CONNECTICUT AVENUE NW Unit 911, Washington, DC 20008
A ninth-floor condominium combines an updated galley kitchen with access to a staffed front desk, rooftop deck, laundry room, and courtyard.
Property Size761 SF
Price / SF$361.37
Days on Market50
Property Features for 4600 CONNECTICUT AVENUE NW Unit 911
General Information
Standard status
Active
Size
761 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Wakefield
Taxes and HOA fees
Annual Taxes
$2,720
Amenities
24/7 staffed front desk
rooftop deck
laundry room
courtyard
Building Details
Building Size
761 SF
Year Built
1948
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 10
Changed: Oct 27
Last Checked: Oct 26 at 3:24PM
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 ninth-floor, one-bedroom, one-bath condominium offers 761 square feet of living space, with an updated galley kitchen and generous closet and storage areas. A Murphy bed adds a flexible sleeping option. The building was constructed in 1948 and includes a 24/7 staffed front desk, rooftop deck, laundry room, and courtyard; the unit looks out over the courtyard and surrounding neighborhood.
Metro and bus service provide access to downtown. The property is near two farmers markets, UDC, Bread Furst, Politics and Prose, and neighborhood shops and restaurants.
Metro and bus service provide access to downtown. The property is near two farmers markets, UDC, Bread Furst, Politics and Prose, and neighborhood shops and restaurants.
Key Highlights
- 761‑square‑foot, one‑bedroom, one‑bath condominium
- Located on the ninth floor with courtyard and neighborhood views
- Updated galley kitchen, Murphy bed, and generous closet and storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,644
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$252,880
$252.9K
Cap Rate 7%
$180,629
$180.6K
Cap Rate 9%
$140,489
$140.5K
Market Conditions
NOI Build-Up for 761 SF
Gross rent
$24.2K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$23.0K $30.21/SF
− OpEx
−$10.3K −$13.59/SF
NOI
$12.6K $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%
$252,880
Cap Rate 7%
$180,629
Cap Rate 9%
$140,489
Alternative Uses
Best Use
Apartment 5plus
$180.6K
$158.1K – $210.7K
NOI $12,644 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$391.4K
$342.5K – $456.7K
NOI $27,400 @ 7.0% cap · market cap 9.96%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,350
Businesses Nearby
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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 - A ninth-floor condominium combines an updated galley kitchen with access to a staffed front desk, rooftop deck, laundry room, and courtyard.
Where is this residential income property located?
The property is located at 4600 CONNECTICUT AVENUE NW Unit 911 Washington, DC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 761‑square‑foot, one‑bedroom, one‑bath condominium; Located on the ninth floor with courtyard and neighborhood views; Updated galley kitchen, Murphy bed, and generous closet and storage space
