One-Bedroom
For Sale
$214,500
700 JEFFERSON STREET NW Unit 205, Washington, DC 20011
An open layout pairs granite counters and stainless steel appliances with a washer and dryer.
Property Size516 SF
Price / SF$415.70
Days on Market50
Property Features for 700 JEFFERSON STREET NW Unit 205
General Information
Standard status
Active
Size
516 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,571
Building Details
Building Size
516 SF
Year Built
1952
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 10
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 516-square-foot condominium has one bedroom and one bathroom, with an open floor plan and interior archways. Granite countertops, upgraded stainless steel appliances, and a washer and dryer are included. The building was constructed in 1952.
Georgia Ave-Petworth Metro Station is approximately 0.6 miles away, a 10- to 12-minute walk along Georgia Avenue. The station serves the Green Line. Rock Creek Park, Hamilton Recreation Center, independent businesses, cafes, and neighborhood restaurants are also identified in the surrounding area.
Georgia Ave-Petworth Metro Station is approximately 0.6 miles away, a 10- to 12-minute walk along Georgia Avenue. The station serves the Green Line. Rock Creek Park, Hamilton Recreation Center, independent businesses, cafes, and neighborhood restaurants are also identified in the surrounding area.
Key Highlights
- 516‑square‑foot, one‑bedroom, one‑bathroom condominium
- Open floor plan with interior archways
- Granite countertops and upgraded stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,213
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$164,260
$164.3K
Cap Rate 7%
$117,329
$117.3K
Cap Rate 9%
$91,256
$91.3K
Market Conditions
NOI Build-Up for 516 SF
Gross rent
$15.9K $30.72/SF
− Vacancy
−$919 −$1.78/SF
EGI
$14.9K $28.94/SF
− OpEx
−$6.7K −$13.02/SF
NOI
$8.2K $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%
$164,260
Cap Rate 7%
$117,329
Cap Rate 9%
$91,256
Alternative Uses
Best Use
Apartment 5plus
$117.3K
$102.7K – $136.9K
NOI $8,213 @ 7.0% cap · market cap 3.83%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$266.4K
$233.1K – $310.8K
NOI $18,649 @ 7.0% cap · market cap 8.69%
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 - An open layout pairs granite counters and stainless steel appliances with a washer and dryer.
Where is this residential income property located?
The property is located at 700 JEFFERSON STREET NW Unit 205 Washington, DC.
What is the asking price?
The asking price for this property is $214,500.
What are key features of this property?
This property features: 516‑square‑foot, one‑bedroom, one‑bathroom condominium; Open floor plan with interior archways; Granite countertops and upgraded stainless steel appliances
