Two-Bedroom
For Sale
$310,000
617 JEFFERSON STREET NW Unit 204, Washington, DC 20011
Open-plan residence with granite countertops, stainless steel appliances, and access to a fitness center.
Property Size703 SF
Price / SF$440.97
Days on Market37
Property Features for 617 JEFFERSON STREET NW Unit 204
General Information
Standard status
Active
Size
703 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,045
Amenities
fitness center
storage
bike room
Building Details
Building Size
703 SF
Year Built
1957
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 24
Changed: Oct 27
Last Checked: Oct 26 at 3:23PM
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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Investment Insights
Based on property information with market context.
This 703-square-foot condominium in The Cassandra has two bedrooms and one and a half bathrooms. Its open layout connects the living and dining areas, and the kitchen includes granite countertops and stainless steel appliances. The building dates to 1957 and offers residents a fitness center, storage, and a bike room.
The home is in Petworth, with neighborhood shops, restaurants, cafes, and everyday services nearby. Columbia Heights Metro is also within reach.
The home is in Petworth, with neighborhood shops, restaurants, cafes, and everyday services nearby. Columbia Heights Metro is also within reach.
Key Highlights
- 703‑square‑foot condominium with 2 bedrooms and 1.5 bathrooms
- Open layout with connected living and dining areas
- Kitchen features granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,189
Cap Rate
3.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,780
$223.8K
Cap Rate 7%
$159,843
$159.8K
Cap Rate 9%
$124,322
$124.3K
Market Conditions
NOI Build-Up for 703 SF
Gross rent
$21.6K $30.72/SF
− Vacancy
−$1.3K −$1.78/SF
EGI
$20.3K $28.94/SF
− OpEx
−$9.2K −$13.02/SF
NOI
$11.2K $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%
$223,780
Cap Rate 7%
$159,843
Cap Rate 9%
$124,322
Alternative Uses
Best Use
Apartment 5plus
$159.8K
$139.9K – $186.5K
NOI $11,189 @ 7.0% cap · market cap 3.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$363.0K
$317.6K – $423.5K
NOI $25,407 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,484
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Open-plan residence with granite countertops, stainless steel appliances, and access to a fitness center.
Where is this residential income property located?
The property is located at 617 JEFFERSON STREET NW Unit 204 Washington, DC.
What is the asking price?
The asking price for this property is $310,000.
What are key features of this property?
This property features: 703‑square‑foot condominium with 2 bedrooms and 1.5 bathrooms; Open layout with connected living and dining areas; Kitchen features granite countertops and stainless steel appliances
