Residential Income Property with
For Sale
$370,000
560 N STREET SW Unit N703, Washington, DC 20024
Harbour Square offers a cooperative ownership setting with shared recreation, resident services, and garage parking.
Property Size735 SF
Price / SF$503.40
Days on Market16
Property Features for 560 N STREET SW Unit N703
General Information
Standard status
Active
Size
735 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southwest
Public Transit
Yes
Additional Details
Multifamily Units
1
Amenities
24hr gatehouse
on-site management & staff
abundant guest parking
fitness center
indoor pool
multiple roof patios
club room
library
business center
garage parking & storage
Building Details
Building Size
735 SF
Year Built
1966
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
John J Dahill · License #SP98359176
(301) 646-5816
Source:
Kartaproperties
Added: Oct 15
Changed: Oct 26
Last Checked: Oct 26 at 2:48PM
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 residential property is part of Harbour Square, a cooperative community with on-site management and staff. Shared amenities include a fitness center, indoor pool, roof patios, club room, library, business center, garage parking, and storage. Dogs and cats are permitted, and guest parking is available.
The community occupies six acres of landscaped grounds along the Washington Channel. The Wharf, dining, entertainment, theaters, supermarkets, Metro, Nats Stadium, and Audi Field are nearby. A 24-hour gatehouse serves the property.
The community occupies six acres of landscaped grounds along the Washington Channel. The Wharf, dining, entertainment, theaters, supermarkets, Metro, Nats Stadium, and Audi Field are nearby. A 24-hour gatehouse serves the property.
Key Highlights
- Harbour Square cooperative community spans six acres along the Washington Channel
- Shared amenities include an indoor pool, fitness center, multiple roof patios, club room, library, and business center
- On‑site management, staff, and a 24‑hour gatehouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,212
Cap Rate
3.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$244,240
$244.2K
Cap Rate 7%
$174,457
$174.5K
Cap Rate 9%
$135,689
$135.7K
Market Conditions
NOI Build-Up for 735 SF
Gross rent
$23.4K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$22.2K $30.21/SF
− OpEx
−$10.0K −$13.59/SF
NOI
$12.2K $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%
$244,240
Cap Rate 7%
$174,457
Cap Rate 9%
$135,689
Alternative Uses
Best Use
Apartment 5plus
$174.5K
$152.7K – $203.5K
NOI $12,212 @ 7.0% cap · market cap 3.30%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$378.1K
$330.8K – $441.1K
NOI $26,464 @ 7.0% cap · market cap 7.15%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,490
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Harbour Square offers a cooperative ownership setting with shared recreation, resident services, and garage parking.
Where is this residential income property located?
The property is located at 560 N STREET SW Unit N703 Washington, DC.
What is the asking price?
The asking price for this property is $370,000.
What are key features of this property?
This property features: Harbour Square cooperative community spans six acres along the Washington Channel; Shared amenities include an indoor pool, fitness center, multiple roof patios, club room, library, and business center; On‑site management, staff, and a 24‑hour gatehouse
