Two-Bedroom Residential
For Sale
$330,000
738 LONGFELLOW STREET NW Unit 107, Washington, DC 20011
A two-bedroom residence combines in-unit laundry with elevator access in a secured-entry building.
Property Size921 SF
Price / SF$358.31
Days on Market49
Property Features for 738 LONGFELLOW STREET NW Unit 107
General Information
Standard status
Active
Size
921 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Brightwood Park
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,715
Amenities
in-unit washer/dryer
secured entrance
Building Details
Building Size
921 SF
Year Built
1900
Listing Agency:
Smart Realty, LLC
Listed By:
MAHLET DRAR · License #SP40000210
(202) 525-6243
Source:
Jackrealtygroup
Added: Sep 12
Changed: Oct 27
Last Checked: Oct 26 at 3:55PM
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 Smart Realty, LLC
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Investment Insights
Based on property information with market context.
This 921-square-foot residential unit has two bedrooms and one bathroom. The building dates to 1900 and provides elevator access, while the main entrance is secured. Laundry equipment is located inside the unit, and the layout includes storage space.
Located in Washington’s Petworth community, the property is near parks, shops, cafés, and restaurants. Public transportation serves the area. The association covers common-area maintenance, gas, water, sewer, and trash.
Located in Washington’s Petworth community, the property is near parks, shops, cafés, and restaurants. Public transportation serves the area. The association covers common-area maintenance, gas, water, sewer, and trash.
Key Highlights
- 921‑square‑foot unit with 2 bedrooms and 1 bathroom
- In‑unit washer and dryer; building has elevator access and a secured main entrance
- 1900 building in Petworth, near parks, local shops, cafés, and restaurants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,659
Cap Rate
4.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$293,180
$293.2K
Cap Rate 7%
$209,414
$209.4K
Cap Rate 9%
$162,878
$162.9K
Market Conditions
NOI Build-Up for 921 SF
Gross rent
$28.3K $30.72/SF
− Vacancy
−$1.6K −$1.78/SF
EGI
$26.7K $28.94/SF
− OpEx
−$12.0K −$13.02/SF
NOI
$14.7K $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%
$293,180
Cap Rate 7%
$209,414
Cap Rate 9%
$162,878
Alternative Uses
Best Use
Apartment 5plus
$209.4K
$183.2K – $244.3K
NOI $14,659 @ 7.0% cap · market cap 4.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$475.5K
$416.1K – $554.8K
NOI $33,286 @ 7.0% cap · market cap 10.09%
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
1,579
Businesses Nearby
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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 - A two-bedroom residence combines in-unit laundry with elevator access in a secured-entry building.
Where is this residential income property located?
The property is located at 738 LONGFELLOW STREET NW Unit 107 Washington, DC.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: 921‑square‑foot unit with 2 bedrooms and 1 bathroom; In‑unit washer and dryer; building has elevator access and a secured main entrance; 1900 building in Petworth, near parks, local shops, cafés, and restaurants
