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Studio Condominium with Floor-to-Ceiling Windows
For Sale
$299,000

70 N STREET SE Unit N215, Washington, DC 20003

A 2020-built residence features hardwood flooring, a contemporary kitchen, and access to extensive building amenities.

Property Size667 SF
Price / SF$448.28
Days on Market207

Property Features for 70 N STREET SE Unit N215

General Information

Standard status Active
Size 667 SF
Property subtype Unit/Flat/Apartment

Site & Location

Neighborhood Southeast
Public Transit Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $3,290

Amenities

concierge service
rooftop pool
terrace
fitness center
business center
resident lounge

Building Details

Building Size 667 SF
Year Built 2020
Listing Agency: Samson Properties
Listed By: Keith K Min · License #SP98371274
Source: Jackrealtygroup
Added: Apr 7 Changed: Oct 29 Last Checked: Oct 26 at 2:33PM

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 Samson Properties

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Investment Insights

Based on property information with market context.

This 667-square-foot studio condominium at eNvy has an open layout, floor-to-ceiling windows, hardwood floors, and a contemporary kitchen with Bosch appliances and sleek cabinetry. The building was completed in 2020. Shared amenities include concierge service, a fitness center, business and resident centers, and a rooftop pool and terrace; pool use requires a separate membership and fees.

The property is across from Nationals Park and near the Navy Yard Metro, waterfront parks, restaurants, bars, and retail. Located at 70 N Street SE in Washington, DC, the residence is presented as ready for occupancy or rental.

Key Highlights

  • 667‑square‑foot studio with an open layout
  • Floor‑to‑ceiling windows and hardwood flooring
  • Contemporary kitchen with Bosch appliances and sleek cabinetry

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,083
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$221,660 $221.7K
Cap Rate 7%
$158,329 $158.3K
Cap Rate 9%
$123,144 $123.1K
Market Conditions
NOI Build-Up for 667 SF
Gross rent
$21.2K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.2K $30.21/SF
− OpEx
−$9.1K −$13.59/SF
NOI
$11.1K $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%
$221,660
Cap Rate 7%
$158,329
Cap Rate 9%
$123,144

Alternative Uses

Best Use
Apartment 5plus
$158.3K
$138.5K – $184.7K (±1% cap)
NOI $11,083 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$343.1K
$300.2K – $400.3K (±1% cap)
NOI $24,016 @ 7.0% cap · market cap 8.03%
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

3,506
Businesses Nearby

Demographics for 20003, DC

36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value

Frequently Asked Questions

What type of property is this?
Residential income property - A 2020-built residence features hardwood flooring, a contemporary kitchen, and access to extensive building amenities.
Where is this residential income property located?
The property is located at 70 N STREET SE Unit N215 Washington, DC.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: 667‑square‑foot studio with an open layout; Floor‑to‑ceiling windows and hardwood flooring; Contemporary kitchen with Bosch appliances and sleek cabinetry
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