Updated Residential Income
For Sale
$324,900
4840 MACARTHUR BOULEVARD NW Unit 307, Washington, DC 20007
An open-plan interior pairs hardwood flooring with a renovated bath and a kitchen finished with granite counters.
Property Size793 SF
Price / SF$409.71
Days on Market141
Property Features for 4840 MACARTHUR BOULEVARD NW Unit 307
General Information
Standard status
Active
Size
793 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Foxhall Crescent
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,848
Amenities
hardwood floors
granite counters
stainless steel appliances
ceiling fans
renovated bathroom
pet-friendly building
secure building
Building Details
Building Size
793 SF
Year Built
1959
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jun 12
Changed: Oct 27
Last Checked: Oct 26 at 2:49PM
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 2-bedroom, 1-bath condominium offers 793 square feet of living space in a secure, pet-friendly building. The unit has an open layout, hardwood floors, a renovated bathroom, ceiling fans, and spacious bedrooms. Kitchen features include stainless steel appliances, granite countertops, a peninsula, and pendant lighting. The building dates to 1959.
The property is at 4840 MacArthur Boulevard NW in Washington, DC. Cafes, shops, CVS, and bus routes are nearby, while Georgetown, Georgetown University, American University, Sibley Hospital, and Georgetown Hospital are minutes away. Downtown DC is 5 miles away, and scenic canal trails are also in the surrounding area.
The property is at 4840 MacArthur Boulevard NW in Washington, DC. Cafes, shops, CVS, and bus routes are nearby, while Georgetown, Georgetown University, American University, Sibley Hospital, and Georgetown Hospital are minutes away. Downtown DC is 5 miles away, and scenic canal trails are also in the surrounding area.
Key Highlights
- 2‑bedroom, 1‑bath condominium with 793 square feet
- Kitchen includes stainless steel appliances, granite countertops, a peninsula, and pendant lighting
- Secure, pet‑friendly building constructed in 1959
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,176
Cap Rate
4.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$263,520
$263.5K
Cap Rate 7%
$188,229
$188.2K
Cap Rate 9%
$146,400
$146.4K
Market Conditions
NOI Build-Up for 793 SF
Gross rent
$25.2K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$24.0K $30.21/SF
− OpEx
−$10.8K −$13.59/SF
NOI
$13.2K $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%
$263,520
Cap Rate 7%
$188,229
Cap Rate 9%
$146,400
Alternative Uses
Best Use
Apartment 5plus
$188.2K
$164.7K – $219.6K
NOI $13,176 @ 7.0% cap · market cap 4.06%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$407.9K
$356.9K – $475.9K
NOI $28,553 @ 7.0% cap · market cap 8.79%
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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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
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Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - An open-plan interior pairs hardwood flooring with a renovated bath and a kitchen finished with granite counters.
Where is this residential income property located?
The property is located at 4840 MACARTHUR BOULEVARD NW Unit 307 Washington, DC.
What is the asking price?
The asking price for this property is $324,900.
What are key features of this property?
This property features: 2‑bedroom, 1‑bath condominium with 793 square feet; Kitchen includes stainless steel appliances, granite countertops, a peninsula, and pendant lighting; Secure, pet‑friendly building constructed in 1959
