One-Bedroom Condo with Garage
For Sale
$379,999
522 21ST STREET NW Unit 608, Washington, DC 20006
Leasing is allowed from the start, and the condo fee includes all utilities.
Property Size772 SF
Price / SF$492.23
Days on Market106
Property Features for 522 21ST STREET NW Unit 608
General Information
Standard status
Active
Size
772 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Rosedale
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,076
Amenities
rooftop deck
on-site laundry
Building Details
Building Size
772 SF
Year Built
1989
Listing Agency:
LPT Realty, LLC
Listed By:
Edward Slavis · License #SP98374190
(202) 883-6884
Source:
Canopy-re
Added: Jul 17
Changed: Oct 27
Last Checked: Oct 26 at 12:37PM
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 LPT Realty, LLC
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Investment Insights
Based on property information with market context.
This 772-square-foot condominium has one bedroom and one full bath, with an open living and dining area, hardwood floors, and a wall of windows. The kitchen features stainless steel appliances, granite counters, and wood cabinetry. A walk-in closet with built-in shelving adds storage, and the sale includes deeded garage space #36. Building amenities include a rooftop deck and on-site laundry; the property is in a secure, professionally managed building. The condo fee covers all utilities, and leasing is permitted from day one.
The building is near Foggy Bottom Metro, George Washington University, GW Hospital, the Kennedy Center, the State Department, Whole Foods, and West Market food hall. The Potomac is also nearby.
The building is near Foggy Bottom Metro, George Washington University, GW Hospital, the Kennedy Center, the State Department, Whole Foods, and West Market food hall. The Potomac is also nearby.
Key Highlights
- 772 square feet with one bedroom and one full bath
- Deeded garage parking space #36 included
- Open living and dining area with hardwood floors and a wall of windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,827
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$256,540
$256.5K
Cap Rate 7%
$183,243
$183.2K
Cap Rate 9%
$142,522
$142.5K
Market Conditions
NOI Build-Up for 772 SF
Gross rent
$24.5K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$23.3K $30.21/SF
− OpEx
−$10.5K −$13.59/SF
NOI
$12.8K $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%
$256,540
Cap Rate 7%
$183,243
Cap Rate 9%
$142,522
Alternative Uses
Best Use
Apartment 5plus
$183.2K
$160.3K – $213.8K
NOI $12,827 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$397.1K
$347.5K – $463.3K
NOI $27,796 @ 7.0% cap · market cap 7.31%
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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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
871
Businesses Nearby
Explore this area
Business Placement
Demographics for 20006, DC
1,599
Population
904
Households
1.8
Avg Household Size
24
Median Age
85%
College-Educated
97%
High-School Grad
0.4 sq mi
ZIP Area
3,998
Density / Sq Mi
$36,019
Median Household Income
$2,035
Median Rent
$255,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Leasing is allowed from the start, and the condo fee includes all utilities.
Where is this residential income property located?
The property is located at 522 21ST STREET NW Unit 608 Washington, DC.
What is the asking price?
The asking price for this property is $379,999.
What are key features of this property?
This property features: 772 square feet with one bedroom and one full bath; Deeded garage parking space #36 included; Open living and dining area with hardwood floors and a wall of windows
