Updated Residential Income
For Sale
$263,500
730 24TH STREET NW Unit 414, Washington, DC 20037
One-bedroom condo with a private balcony, rooftop terrace access, and proximity to major Foggy Bottom destinations.
Property Size750 SF
Days on Market75
Property Features for 730 24TH STREET NW Unit 414
General Information
Standard status
Active
Size
750 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$240,916
Amenities
balcony
rooftop terrace
Building Details
Building Size
750 SF
Year Built
1961
Listing Agency:
Samson Properties
Listed By:
Chao Han · License #SP200202235
(626) 234-4969
Source:
Kwcapitalproperties
Added: Jul 24
Changed: Oct 3
Last Checked: Oct 5 at 9:58PM
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
Investment Insights
Based on property information with market context.
This updated one-bedroom, one-bathroom condominium is located at 730 24TH STREET NW Unit 414 in Washington, DC. The interior includes a generously sized living room, a large bedroom, a walk-in closet, and a closed-door kitchen that provides a separate cooking area. A private balcony adds outdoor space, while the building’s rooftop terrace offers views of the Washington Monument, the Kennedy Center, and the DC skyline.
The property is positioned near George Washington University’s campus, Foggy Bottom Metro Station, the Kennedy Center, restaurants, shops, and entertainment. Built in 1961, the condominium combines a practical residential layout with access to prominent institutional, cultural, and transit destinations in the neighborhood.
The property is positioned near George Washington University’s campus, Foggy Bottom Metro Station, the Kennedy Center, restaurants, shops, and entertainment. Built in 1961, the condominium combines a practical residential layout with access to prominent institutional, cultural, and transit destinations in the neighborhood.
Key Highlights
- One‑bedroom, one‑bathroom condominium at 730 24TH STREET NW Unit 414
- Updated interior with a generously sized living room and large bedroom
- Private balcony plus access to a rooftop terrace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,462
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,240
$249.2K
Cap Rate 7%
$178,029
$178.0K
Cap Rate 9%
$138,467
$138.5K
Market Conditions
NOI Build-Up for 750 SF
Gross rent
$23.9K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$22.7K $30.21/SF
− OpEx
−$10.2K −$13.59/SF
NOI
$12.5K $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%
$249,240
Cap Rate 7%
$178,029
Cap Rate 9%
$138,467
Alternative Uses
Best Use
Apartment 5plus
$178.0K
$155.8K – $207.7K
NOI $12,462 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$385.8K
$337.6K – $450.1K
NOI $27,004 @ 7.0% cap · market cap 10.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
1
Residential units
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 - One-bedroom condo with a private balcony, rooftop terrace access, and proximity to major Foggy Bottom destinations.
Where is this residential income property located?
The property is located at 730 24TH STREET NW Unit 414 Washington, DC.
What is the asking price?
The asking price for this property is $263,500.
What are key features of this property?
This property features: One‑bedroom, one‑bathroom condominium at 730 24TH STREET NW Unit 414; Updated interior with a generously sized living room and large bedroom; Private balcony plus access to a rooftop terrace
