Renovated One-Bedroom
For Sale
$365,000
510 N STREET SW Unit N422, Washington, DC 20024
The residence includes an in-unit washer and dryer, a private balcony, and an updated kitchen with an island.
Property Size777 SF
Price / SF$469.76
Days on Market103
Property Features for 510 N STREET SW Unit N422
General Information
Standard status
Active
Size
777 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
HOA Fee
$1,257
Taxes and HOA fees
Annual Taxes
$1,758
Amenities
in-unit washer and dryer
indoor swimming pool
fitness center
24-hour gatehouse
staffed front desk
rooftop terraces
walking paths
water gardens
Building Details
Building Size
777 SF
Year Built
1966
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Nancy A Pulley
(301) 254-6244
Source:
Canopy-re
Added: Jul 19
Changed: Oct 26
Last Checked: Oct 26 at 2:40PM
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 Long & Foster Real Estate, Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This renovated one-bedroom cooperative at Harbour Square offers 777 square feet, an open layout, and seven closets. Floor-to-ceiling glass connects the living area to a private balcony facing the Loggia Gardens and water garden. The kitchen has a seating island, stainless steel appliances, and a GE Profile induction range; the marble bathroom has a glass-enclosed shower. Additional features include an in-unit washer and dryer, Lutron lighting, motorized window shades, and 3M sun-control window film.
Harbour Square occupies a six-acre landscaped property with lawns, water gardens, walking paths, rooftop terraces, an indoor pool, and a fitness center. Building services include a 24-hour gatehouse, staffed front desk, and on-site maintenance. The HOA covers property taxes, utilities, internet, cable television, water, sewer, trash, management, and reserve funding.
The Waterfront Metro and The Wharf are about a block away. The Wharf offers restaurants, shops, music venues, waterfront recreation, and water taxi service. The Washington Channel, Smithsonian museums, National Mall, and U.S. Capitol are also within walking distance, according to the property information.
Harbour Square occupies a six-acre landscaped property with lawns, water gardens, walking paths, rooftop terraces, an indoor pool, and a fitness center. Building services include a 24-hour gatehouse, staffed front desk, and on-site maintenance. The HOA covers property taxes, utilities, internet, cable television, water, sewer, trash, management, and reserve funding.
The Waterfront Metro and The Wharf are about a block away. The Wharf offers restaurants, shops, music venues, waterfront recreation, and water taxi service. The Washington Channel, Smithsonian museums, National Mall, and U.S. Capitol are also within walking distance, according to the property information.
Key Highlights
- Renovated one‑bedroom residence with 777 square feet
- Seven closets and an open layout
- Private balcony facing the Loggia Gardens and water garden
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,910
Cap Rate
3.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$258,200
$258.2K
Cap Rate 7%
$184,429
$184.4K
Cap Rate 9%
$143,444
$143.4K
Market Conditions
NOI Build-Up for 777 SF
Gross rent
$24.7K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$23.5K $30.21/SF
− OpEx
−$10.6K −$13.59/SF
NOI
$12.9K $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%
$258,200
Cap Rate 7%
$184,429
Cap Rate 9%
$143,444
Alternative Uses
Best Use
Apartment 5plus
$184.4K
$161.4K – $215.2K
NOI $12,910 @ 7.0% cap · market cap 3.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$399.7K
$349.7K – $466.3K
NOI $27,976 @ 7.0% cap · market cap 7.66%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,490
Businesses Nearby
Explore this area
Business Placement
Demographics for 20024, DC
15,952
Population
11,560
Households
1.4
Avg Household Size
37
Median Age
70%
College-Educated
94%
High-School Grad
2.2 sq mi
ZIP Area
7,251
Density / Sq Mi
$102,623
Median Household Income
$94,419
Median Earnings
$2,121
Median Rent
$497,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes an in-unit washer and dryer, a private balcony, and an updated kitchen with an island.
Where is this residential income property located?
The property is located at 510 N STREET SW Unit N422 Washington, DC.
What is the asking price?
The asking price for this property is $365,000.
What are key features of this property?
This property features: Renovated one‑bedroom residence with 777 square feet; Seven closets and an open layout; Private balcony facing the Loggia Gardens and water garden
