One-Bedroom Co-op with
For Sale
$212,500
730 24TH STREET NW Unit 206, Washington, DC 20037
East-facing residence combines updated kitchen appliances with access to a staffed concierge, laundry room, and roof deck.
Property Size645 SF
Price / SF$329.46
Days on Market113
Property Features for 730 24TH STREET NW Unit 206
General Information
Standard status
Active
Size
645 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Carver Langston
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Amenities
concierge
laundry room
roof deck
pet friendly
Building Details
Building Size
645 SF
Year Built
1962
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jul 10
Changed: Oct 27
Last Checked: Oct 26 at 3:48PM
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 645-square-foot, east-facing one-bedroom co-op is on the second floor of a building constructed in 1962. The living room opens onto a balcony through a broad window wall. Kitchen updates include a granite countertop, cooktop, and wall oven. Storage includes a foyer coat closet, a bedroom walk-in closet, and a separate linen closet.
Building amenities include a concierge staffed 24 hours a day, a communal laundry room, and a roof deck. Water, gas, electric, and real estate taxes are included in the co-op fee. The residence is two blocks from Metro and is near the State Department, the European Union, GW University, and the Rock Creek Park bike path. Pets are allowed.
Building amenities include a concierge staffed 24 hours a day, a communal laundry room, and a roof deck. Water, gas, electric, and real estate taxes are included in the co-op fee. The residence is two blocks from Metro and is near the State Department, the European Union, GW University, and the Rock Creek Park bike path. Pets are allowed.
Key Highlights
- 645‑square‑foot one‑bedroom co‑op on the second floor
- Balcony, with the living room opening through a broad window wall
- Kitchen has a granite countertop, cooktop, and wall oven
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,717
Cap Rate
5.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,340
$214.3K
Cap Rate 7%
$153,100
$153.1K
Cap Rate 9%
$119,078
$119.1K
Market Conditions
NOI Build-Up for 645 SF
Gross rent
$20.5K $31.80/SF
− Vacancy
−$1.0K −$1.59/SF
EGI
$19.5K $30.21/SF
− OpEx
−$8.8K −$13.59/SF
NOI
$10.7K $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%
$214,340
Cap Rate 7%
$153,100
Cap Rate 9%
$119,078
Alternative Uses
Best Use
Apartment 5plus
$153.1K
$134.0K – $178.6K
NOI $10,717 @ 7.0% cap · market cap 5.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$331.8K
$290.3K – $387.1K
NOI $23,224 @ 7.0% cap · market cap 10.93%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
Explore this area
Business Placement
Demographics for 20037, DC
14,945
Population
8,828
Households
1.7
Avg Household Size
29
Median Age
90%
College-Educated
99%
High-School Grad
0.7 sq mi
ZIP Area
21,350
Density / Sq Mi
$98,917
Median Household Income
$69,480
Median Earnings
$2,420
Median Rent
$743,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - East-facing residence combines updated kitchen appliances with access to a staffed concierge, laundry room, and roof deck.
Where is this residential income property located?
The property is located at 730 24TH STREET NW Unit 206 Washington, DC.
What is the asking price?
The asking price for this property is $212,500.
What are key features of this property?
This property features: 645‑square‑foot one‑bedroom co‑op on the second floor; Balcony, with the living room opening through a broad window wall; Kitchen has a granite countertop, cooktop, and wall oven
