Two-Bedroom Residential Income
For Sale
$225,000
4810 QUARLES STREET NE Unit 201, Washington, DC 20019
The second-floor residence has granite kitchen counters, stainless steel appliances, and an alleyway parking space.
Property Size704 SF
Price / SF$319.60
Days on Market92
Property Features for 4810 QUARLES STREET NE Unit 201
General Information
Standard status
Active
Size
704 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Ft. Washington
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,573
Amenities
laundry facilities
front entrance call box
Building Details
Building Size
704 SF
Year Built
1962
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jul 31
Changed: Oct 27
Last Checked: Oct 26 at 3:59PM
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 second-floor, two-bedroom condo is in a residential income property built in 1962. Interior features include granite kitchen countertops, stainless steel appliances, wood-laminate flooring, and new carpet, along with fresh paint. The building has undergone renovation and provides a secure entrance with a call box.
Laundry facilities are available in the building, and the condo includes an alleyway parking space.
Laundry facilities are available in the building, and the condo includes an alleyway parking space.
Key Highlights
- Two‑bedroom condo on the second floor
- Built in 1962
- Granite kitchen counters and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,142
Cap Rate
5.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,840
$242.8K
Cap Rate 7%
$173,457
$173.5K
Cap Rate 9%
$134,911
$134.9K
Market Conditions
NOI Build-Up for 704 SF
Gross rent
$23.5K $33.36/SF
− Vacancy
−$1.4K −$2.00/SF
EGI
$22.1K $31.36/SF
− OpEx
−$9.9K −$14.11/SF
NOI
$12.1K $17.25/SF
Area
ZIP 20019
Vacancy
6.00%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,840
Cap Rate 7%
$173,457
Cap Rate 9%
$134,911
Alternative Uses
Best Use
Apartment 5plus
$173.5K
$151.8K – $202.4K
NOI $12,142 @ 7.0% cap · market cap 5.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.3K
$331.0K – $441.4K
NOI $26,482 @ 7.0% cap · market cap 11.77%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
519
Businesses Nearby
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Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The second-floor residence has granite kitchen counters, stainless steel appliances, and an alleyway parking space.
Where is this residential income property located?
The property is located at 4810 QUARLES STREET NE Unit 201 Washington, DC.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Two‑bedroom condo on the second floor; Built in 1962; Granite kitchen counters and stainless steel appliances
