One-Bedroom Residential Income
For Sale
$275,000
Pending
52 QUINCY PLACE NW Unit 302, Washington, DC 20001
The condominium combines an open living and dining area with an updated kitchen and in-unit laundry.
Property Size519 SF
Days on Market17
Property Features for 52 QUINCY PLACE NW Unit 302
General Information
Standard status
Pending
Size
519 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Bloomingdale
Road Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$2,559
Amenities
breakfast bar
walk-in pantry
in-unit washer and dryer
pet-friendly building
Building Details
Building Size
519 SF
Year Built
1912
Listing Agency:
Compass
Listed By:
LISA B RESCH · License #SP98378168
(202) 236-9527
Source:
Kwcapitalproperties
Added: Oct 15
Changed: Oct 31
Last Checked: Oct 30 at 10:18PM
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 Compass
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bath condominium occupies The Madison, a building constructed in 1912. Inside, hardwood floors, high ceilings, and large windows accompany an open living and dining area. The kitchen has wood cabinetry, granite counters, stainless steel appliances, a breakfast bar, and a walk-in pantry. A washer and dryer are located in the unit. The bathroom includes a jetted tub, and the bedroom has wall-to-wall carpeting.
The home is at 52 Quincy Place NW in Washington, DC. Bloomingdale Farmers Market is one block away, and several named restaurants and grocery stores are nearby. NoMa-Gallaudet U on the Red Line and Shaw-Howard U on the Yellow and Green lines are a 0.6-mile walk. Bus lines also serve the area. The building is pet-friendly and has a sprinkler system.
The home is at 52 Quincy Place NW in Washington, DC. Bloomingdale Farmers Market is one block away, and several named restaurants and grocery stores are nearby. NoMa-Gallaudet U on the Red Line and Shaw-Howard U on the Yellow and Green lines are a 0.6-mile walk. Bus lines also serve the area. The building is pet-friendly and has a sprinkler system.
Key Highlights
- One bedroom and one full bathroom
- The Madison dates to 1912
- Updated kitchen with granite counters, stainless steel appliances, breakfast bar, and walk‑in pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,623
Cap Rate
3.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$172,460
$172.5K
Cap Rate 7%
$123,186
$123.2K
Cap Rate 9%
$95,811
$95.8K
Market Conditions
NOI Build-Up for 519 SF
Gross rent
$16.5K $31.80/SF
− Vacancy
−$825 −$1.59/SF
EGI
$15.7K $30.21/SF
− OpEx
−$7.1K −$13.59/SF
NOI
$8.6K $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%
$172,460
Cap Rate 7%
$123,186
Cap Rate 9%
$95,811
Alternative Uses
Best Use
Apartment 5plus
$123.2K
$107.8K – $143.7K
NOI $8,623 @ 7.0% cap · market cap 3.14%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$267.0K
$233.6K – $311.5K
NOI $18,687 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,451
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The condominium combines an open living and dining area with an updated kitchen and in-unit laundry.
Where is this residential income property located?
The property is located at 52 QUINCY PLACE NW Unit 302 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: One bedroom and one full bathroom; The Madison dates to 1912; Updated kitchen with granite counters, stainless steel appliances, breakfast bar, and walk‑in pantry
