Two-Bedroom Residential Income
For Sale
$275,000
611 KENNEDY STREET NW Unit C02, Washington, DC 20011
The condo includes water, trash removal, exterior maintenance, and lawn care through community services.
Property Size642 SF
Price / SF$428.35
Days on Market81
Property Features for 611 KENNEDY STREET NW Unit C02
General Information
Standard status
Active
Size
642 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Brightwood Park
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,556
Building Details
Building Size
642 SF
Year Built
2023
Construction
garden-style
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Aug 11
Changed: Oct 27
Last Checked: Oct 26 at 3:09PM
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 Jack Realty Group
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 642-square-foot condo has two bedrooms and two full bathrooms, with an open living area, recessed lighting, and high ceilings. The kitchen features quartz counters, stainless steel appliances, a dishwasher, disposal, and built-in microwave. The primary bedroom includes space for a sitting area or office, while the second bedroom and full bath provide additional accommodation. Completed in 2023, the unit also has contemporary bathroom finishes and a frameless glass shower.
Fort Totten Metro and Route 1 are nearby, with shopping, dining, grocery stores, and parks in the surrounding area. Community services cover exterior building maintenance, lawn care, water, and trash removal.
Fort Totten Metro and Route 1 are nearby, with shopping, dining, grocery stores, and parks in the surrounding area. Community services cover exterior building maintenance, lawn care, water, and trash removal.
Key Highlights
- 642‑square‑foot condo with two bedrooms and two full bathrooms
- Completed in 2023
- Kitchen includes quartz counters, stainless steel appliances, dishwasher, disposal, and built‑in microwave
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,218
Cap Rate
3.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,360
$204.4K
Cap Rate 7%
$145,971
$146.0K
Cap Rate 9%
$113,533
$113.5K
Market Conditions
NOI Build-Up for 642 SF
Gross rent
$19.7K $30.72/SF
− Vacancy
−$1.1K −$1.78/SF
EGI
$18.6K $28.94/SF
− OpEx
−$8.4K −$13.02/SF
NOI
$10.2K $15.92/SF
Area
ZIP 20011
Vacancy
5.80%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$204,360
Cap Rate 7%
$145,971
Cap Rate 9%
$113,533
Alternative Uses
Best Use
Apartment 5plus
$146.0K
$127.7K – $170.3K
NOI $10,218 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.5K
$290.0K – $386.7K
NOI $23,203 @ 7.0% cap · market cap 8.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
Explore this area
Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The condo includes water, trash removal, exterior maintenance, and lawn care through community services.
Where is this residential income property located?
The property is located at 611 KENNEDY STREET NW Unit C02 Washington, DC.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: 642‑square‑foot condo with two bedrooms and two full bathrooms; Completed in 2023; Kitchen includes quartz counters, stainless steel appliances, dishwasher, disposal, and built‑in microwave
