Residential Condominium with
For Sale
$369,000
5410 CONNECTICUT AVENUE NW Unit 718, Washington, DC 20015
The residence includes a renovated kitchen and bathroom, six closets, and a dedicated parking space.
Property Size962 SF
Price / SF$383.58
Days on Market43
Property Features for 5410 CONNECTICUT AVENUE NW Unit 718
General Information
Standard status
Active
Size
962 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,641
Amenities
rooftop deck
fitness center
club room
Building Details
Building Size
962 SF
Year Built
1957
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Sep 17
Changed: Oct 27
Last Checked: Oct 26 at 11:54AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This 962-square-foot condominium was built in 1957 and features large living and dining areas, generously sized bedrooms, and six closets. The kitchen and bathroom have been renovated, and new windows add sound insulation. The north-facing unit sits on the building’s quieter side and includes a dedicated parking space.
Building amenities include a rooftop deck with city views, a fitness center, and a residents’ club room. The property is in Northwest Washington, DC, near Metro service, shopping, dining, and everyday conveniences.
Building amenities include a rooftop deck with city views, a fitness center, and a residents’ club room. The property is in Northwest Washington, DC, near Metro service, shopping, dining, and everyday conveniences.
Key Highlights
- 962‑square‑foot condominium with large living and dining areas
- Six closets and generously sized bedrooms
- Renovated kitchen and bathroom; new windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,984
Cap Rate
4.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$319,680
$319.7K
Cap Rate 7%
$228,343
$228.3K
Cap Rate 9%
$177,600
$177.6K
Market Conditions
NOI Build-Up for 962 SF
Gross rent
$30.6K $31.80/SF
− Vacancy
−$1.5K −$1.59/SF
EGI
$29.1K $30.21/SF
− OpEx
−$13.1K −$13.59/SF
NOI
$16.0K $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%
$319,680
Cap Rate 7%
$228,343
Cap Rate 9%
$177,600
Alternative Uses
Best Use
Apartment 5plus
$228.3K
$199.8K – $266.4K
NOI $15,984 @ 7.0% cap · market cap 4.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$494.8K
$433.0K – $577.3K
NOI $34,638 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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 residence includes a renovated kitchen and bathroom, six closets, and a dedicated parking space.
Where is this residential income property located?
The property is located at 5410 CONNECTICUT AVENUE NW Unit 718 Washington, DC.
What is the asking price?
The asking price for this property is $369,000.
What are key features of this property?
This property features: 962‑square‑foot condominium with large living and dining areas; Six closets and generously sized bedrooms; Renovated kitchen and bathroom; new windows
