Corner Residential
For Sale
$375,000
5410 CONNECTICUT AVENUE NW Unit 412, Washington, DC 20015
The two-bedroom, two-bath corner residence includes garage parking and windows on three sides.
Property Size1,009 SF
Price / SF$371.66
Days on Market176
Property Features for 5410 CONNECTICUT AVENUE NW Unit 412
General Information
Standard status
Active
Size
1,009 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,069
Amenities
24-hour front desk service
fitness center
rooftop terrace
bike storage
party room
extra storage unit
Building Details
Building Size
1,009 SF
Year Built
1957
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Vicki L Porter · License #SP98362783
(301) 325-2965
Source:
Canopy-re
Added: May 8
Changed: Oct 27
Last Checked: Oct 26 at 12:20PM
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.
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Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bath corner residence occupies Unit 412 of The Garfield, a residential building completed in 1957. Windows on three sides bring natural light into the unit, while engineered hardwood floors, a white kitchen, generous closet storage, an ensuite primary bath, and a separate storage unit add practical features. Garage parking is included.
Residents have access to a fitness center, rooftop terrace, bike storage, party room, multiple elevators, and a 24-hour front desk. The condo fee covers electricity, gas, heat, air conditioning, water, and maintenance.
Friendship Heights Metro Station is 0.6 miles away. Nearby amenities named include the Avalon Theatre, restaurants, shops, grocery stores, parks, a library, and a recreation center; bus service is also available in the area.
Residents have access to a fitness center, rooftop terrace, bike storage, party room, multiple elevators, and a 24-hour front desk. The condo fee covers electricity, gas, heat, air conditioning, water, and maintenance.
Friendship Heights Metro Station is 0.6 miles away. Nearby amenities named include the Avalon Theatre, restaurants, shops, grocery stores, parks, a library, and a recreation center; bus service is also available in the area.
Key Highlights
- Two bedrooms and two bathrooms in a corner residence
- Windows on three sides; garage parking included
- Engineered hardwood floors, ensuite primary bath, and separate storage unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,765
Cap Rate
4.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$335,300
$335.3K
Cap Rate 7%
$239,500
$239.5K
Cap Rate 9%
$186,278
$186.3K
Market Conditions
NOI Build-Up for 1,009 SF
Gross rent
$32.1K $31.80/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$30.5K $30.21/SF
− OpEx
−$13.7K −$13.59/SF
NOI
$16.8K $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%
$335,300
Cap Rate 7%
$239,500
Cap Rate 9%
$186,278
Alternative Uses
Best Use
Apartment 5plus
$239.5K
$209.6K – $279.4K
NOI $16,765 @ 7.0% cap · market cap 4.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$519.0K
$454.1K – $605.5K
NOI $36,330 @ 7.0% cap · market cap 9.69%
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
2,224
Businesses Nearby
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Business Placement
Demographics for 20015, DC
16,628
Population
6,727
Households
2.5
Avg Household Size
45
Median Age
86%
College-Educated
96%
High-School Grad
3.5 sq mi
ZIP Area
4,751
Density / Sq Mi
$250,001
Median Household Income
$152,430
Median Earnings
$2,088
Median Rent
$1,208,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The two-bedroom, two-bath corner residence includes garage parking and windows on three sides.
Where is this residential income property located?
The property is located at 5410 CONNECTICUT AVENUE NW Unit 412 Washington, DC.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in a corner residence; Windows on three sides; garage parking included; Engineered hardwood floors, ensuite primary bath, and separate storage unit
