Residential Income Property with
For Sale
$750,000
560 N STREET SW Unit 801, Washington, DC 20024
An eighth-floor corner cooperative residence includes two private outdoor spaces and views of the waterfront and city skyline.
Property Size1,460 SF
Price / SF$513.70
Days on Market21
Property Features for 560 N STREET SW Unit 801
General Information
Standard status
Active
Size
1,460 SF
Property subtype
Unit/Flat/Apartment
Property Condition
Severity
Repairs Needed
Evidence
opportunity to update these spaces
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,973
Amenities
24-hour gatehouse security
on-site management
fitness center
indoor pool
rooftop terraces
club room
library
business center
garage parking
storage
Building Details
Building Size
1,460 SF
Year Built
1966
Listing Agency:
Pearson Smith Realty, LLC
Listed By:
Claire Silvestre Chua · License #SP40000434
(703) 362-9139
Source:
Kerishull
Added: Sep 28
Changed: Oct 13
Last Checked: Oct 16 at 5:32PM
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 Pearson Smith Realty, LLC
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Investment Insights
Based on property information with market context.
This eighth-floor corner residence at Harbour Square offers 1,460 square feet, two bedrooms, two full baths and two private balconies. Large windows bring in views toward The Wharf and the DC skyline. The kitchen and flooring are being sold as-is, leaving those areas for future updating. The property was built in 1966.
Harbour Square occupies approximately six landscaped acres and provides 24-hour gatehouse security, on-site management, a fitness center, indoor pool, rooftop terraces, club room, library, business center, garage parking and storage. The Wharf, restaurants, entertainment, theaters, grocery stores, Metro, Nationals Park and Audi Field are nearby.
The monthly cooperative fee includes utilities, property taxes, cable TV and management. The residence combines a corner layout, two balconies and access to the cooperative’s shared amenities.
Harbour Square occupies approximately six landscaped acres and provides 24-hour gatehouse security, on-site management, a fitness center, indoor pool, rooftop terraces, club room, library, business center, garage parking and storage. The Wharf, restaurants, entertainment, theaters, grocery stores, Metro, Nationals Park and Audi Field are nearby.
The monthly cooperative fee includes utilities, property taxes, cable TV and management. The residence combines a corner layout, two balconies and access to the cooperative’s shared amenities.
Key Highlights
- 1,460‑square‑foot eighth‑floor corner residence
- Two bedrooms, two full baths and two private balconies
- Views toward The Wharf and the DC skyline
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,259
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$485,180
$485.2K
Cap Rate 7%
$346,557
$346.6K
Cap Rate 9%
$269,544
$269.5K
Market Conditions
NOI Build-Up for 1,460 SF
Gross rent
$46.4K $31.80/SF
− Vacancy
−$2.3K −$1.59/SF
EGI
$44.1K $30.21/SF
− OpEx
−$19.8K −$13.59/SF
NOI
$24.3K $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%
$485,180
Cap Rate 7%
$346,557
Cap Rate 9%
$269,544
Alternative Uses
Best Use
Apartment 5plus
$346.6K
$303.2K – $404.3K
NOI $24,259 @ 7.0% cap · market cap 3.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$751.0K
$657.1K – $876.1K
NOI $52,568 @ 7.0% cap · market cap 7.01%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
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
Frequently Asked Questions
What type of property is this?
Residential income property - An eighth-floor corner cooperative residence includes two private outdoor spaces and views of the waterfront and city skyline.
Where is this residential income property located?
The property is located at 560 N STREET SW Unit 801 Washington, DC.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 1,460‑square‑foot eighth‑floor corner residence; Two bedrooms, two full baths and two private balconies; Views toward The Wharf and the DC skyline
