Residential Income Property with Media
For Sale
$499,900
625 PARK ROAD NW Unit 206, Washington, DC 20010
Second-level residence pairs a private media sanctuary with an open layout, premium finishes, and shared building amenities.
Property Size995 SF
Price / SF$502.41
Days on Market192
Property Features for 625 PARK ROAD NW Unit 206
General Information
Standard status
Active
Size
995 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Park View
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,472
Amenities
elevator
video intercom
bike rack
enclosed garden
Building Details
Building Size
995 SF
Year Built
2019
Listing Agency:
Compass
Listed By:
Deirdre Jo Fricke · License #SP98374826
(202) 549-2727
Source:
Kerishull
Added: Apr 22
Changed: Oct 29
Last Checked: Oct 28 at 3:49PM
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 Compass
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Investment Insights
Based on property information with market context.
Unit 206 is a second-level residential income property with two bedrooms and two and one-half bathrooms. The interior combines wide hardwood flooring, nine-foot ceilings, and an open-plan arrangement with Italian cabinetry, GE CAFE appliances, and quartz countertops. Spa-style bathrooms include a walk-in shower, jetted tub, and LED-lit vanity mirrors. Additional features include an in-unit washer and dryer, Elfa closet systems, and in-ceiling surround sound. A private, window-free media room is designed for cinema, gaming, and immersive entertainment.
Building amenities include an elevator, video intercom, bicycle rack, and enclosed landscaped garden. The property is pet friendly and approved for VA and FHA financing. Located at 625 Park Road NW in Washington, DC, the residence has a 94 Walk Score and sits three blocks from both Petworth and Columbia Heights Metro stations, with restaurants, grocery stores, retail, and bike paths nearby.
Building amenities include an elevator, video intercom, bicycle rack, and enclosed landscaped garden. The property is pet friendly and approved for VA and FHA financing. Located at 625 Park Road NW in Washington, DC, the residence has a 94 Walk Score and sits three blocks from both Petworth and Columbia Heights Metro stations, with restaurants, grocery stores, retail, and bike paths nearby.
Key Highlights
- Private, window‑free media sanctuary for cinema, gaming, and immersive entertainment
- Two‑bedroom, 2.5‑bath second‑level residence
- Open layout with wide hardwood floors and 9' ceilings
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,532
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,640
$330.6K
Cap Rate 7%
$236,171
$236.2K
Cap Rate 9%
$183,689
$183.7K
Market Conditions
NOI Build-Up for 995 SF
Gross rent
$31.6K $31.80/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$30.1K $30.21/SF
− OpEx
−$13.5K −$13.59/SF
NOI
$16.5K $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%
$330,640
Cap Rate 7%
$236,171
Cap Rate 9%
$183,689
Alternative Uses
Best Use
Apartment 5plus
$236.2K
$206.7K – $275.5K
NOI $16,532 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.8K
$447.8K – $597.1K
NOI $35,826 @ 7.0% cap · market cap 7.17%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,506
Businesses Nearby
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Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Second-level residence pairs a private media sanctuary with an open layout, premium finishes, and shared building amenities.
Where is this residential income property located?
The property is located at 625 PARK ROAD NW Unit 206 Washington, DC.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Private, window‑free media sanctuary for cinema, gaming, and immersive entertainment; Two‑bedroom, 2.5‑bath second‑level residence; Open layout with wide hardwood floors and 9' ceilings
