Residential Income Property with
For Sale
$840,000
800 25TH ST NW #1003, Washington, DC 20037
WASHINGTON, DC
Property Size2,000 SF
Price / SF$420
Days on Market172
Property Features for 800 25TH ST NW #1003
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
3
Full bathrooms
2
Half bathrooms
1
Rooms
Bedroom 2, Bedroom 1
Subdivision
FOGGY BOTTOM
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Amenities
24-hour concierge
on-site general manager
pool
fitness center
rooftop
bicycle storage
in-unit laundry
private balcony
Building Details
Year built
1975
Listing Agency:
Chevy Chase Circle
(202) 966-1400
Listed By:
Margaret Heimbold · License #SP98362240
Added: Mar 12
Changed: Aug 23
Last Checked: Aug 30 at 6:06AM
MLS# DCDC2249670
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 10th-floor condominium residence at The Plaza offers nearly 2,000 square feet with two bedrooms, two and a half baths, and an open, entertaining-oriented layout. The home includes an eat-in kitchen, separate living and dining rooms, an entrance foyer, extensive closet storage, in-unit laundry, and a private balcony. Southwest-facing living room windows extend from floor to ceiling and provide abundant natural light and sunset views. The condominium is being sold as is.
Building amenities include a 24-hour front desk concierge, on-site general manager, swimming pool, fitness center, rooftop, bicycle storage, and two dedicated parking spaces. The property is located at 800 25th St NW in Washington, DC, near Metro and bus service, Whole Foods, Trader Joe’s, shopping, restaurants, museums, theaters, area airports, and the Georgetown waterfront.
Building amenities include a 24-hour front desk concierge, on-site general manager, swimming pool, fitness center, rooftop, bicycle storage, and two dedicated parking spaces. The property is located at 800 25th St NW in Washington, DC, near Metro and bus service, Whole Foods, Trader Joe’s, shopping, restaurants, museums, theaters, area airports, and the Georgetown waterfront.
Key Highlights
- 10th‑floor condominium at The Plaza with nearly 2,000 square feet
- Two bedrooms, 2.5 baths, eat‑in kitchen, separate dining room, and in‑unit laundry
- Private balcony and southwest‑facing floor‑to‑ceiling living room windows
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,231
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.96%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$664,620
$664.6K
Cap Rate 7%
$474,729
$474.7K
Cap Rate 9%
$369,233
$369.2K
Market Conditions
NOI Build-Up for 2,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$63.6K $31.80/SF
− Vacancy
−$3.2K −$1.59/SF
EGI
$60.4K $30.21/SF
− OpEx
−$27.2K −$13.59/SF
NOI
$33.2K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$664,620
Cap Rate 7%
$474,729
Cap Rate 9%
$369,233
Alternative Uses
Best Use
Apartment 5plus
$474.7K
$415.4K – $553.9K
NOI $33,231 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.03M
$900.2K – $1.20M
NOI $72,012 @ 7.0% cap · market cap 8.57%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
11,344
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - High-floor condominium residence with generous living areas, private outdoor space, and full-service building amenities.
Where is this residential income property located?
The property is located at 800 25TH ST NW #1003 Washington, DC.
What is the asking price?
The asking price for this property is $840,000.
What are key features of this property?
This property features: 10th‑floor condominium at The Plaza with nearly 2,000 square feet; Two bedrooms, 2.5 baths, eat‑in kitchen, separate dining room, and in‑unit laundry; Private balcony and southwest‑facing floor‑to‑ceiling living room windows
