Luxury Condo with Cathedral
For Sale
$999,500
Pending
800 25TH NW STREET 605, Washington, DC 20037
Elegant 2-bedroom condo with stunning views and premium amenities.
Property Size1,809 SF
Days on Market638
Property Features for 800 25TH NW STREET 605
General Information
Standard status
Pending
Size
1,809 SF
Property subtype
Condo/Townhome
Building Details
Year Built
1975
Listing Agency:
Compass
(202) 448-9002
Listed By:
Hunter H McFadden · License #0225221378
(703) 862-6840
Source:
Exitrealty
Added: Dec 4, 2024
Changed: Jul 10
Last Checked: Jul 23 at 6:32AM
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 Compass
Investment Insights
Based on property information with market context.
Located at 800 25th Street Northwest, Unit 605, Washington, DC, this residential property offers 1,809 square feet of living space with 2 bedrooms and 2 bathrooms. The unit features an upgraded kitchen and an upgraded primary closet. Natural light fills the main living and dining areas. The property provides views of the National Cathedral and Georgetown University. Residents have access to an expansive rooftop deck. Building amenities include a 24-hour front desk concierge, a state-of-the-art gym, a pool, and common outdoor space. Additional conveniences include in-unit laundry, elevator access, and secure garage parking with assigned and guest spaces. The property also features a security system and common storage options, including a bike room.
Key Highlights
- Amazing views of the National Cathedral and Georgetown University.
- 24‑hour front desk concierge and comprehensive security system.
- Expansive rooftop deck with panoramic city views.
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
$30,057
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
3.01%
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%
$601,140
$601.1K
Cap Rate 7%
$429,386
$429.4K
Cap Rate 9%
$333,967
$334.0K
Market Conditions
NOI Build-Up for 1,809 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
$57.5K $31.80/SF
− Vacancy
−$2.9K −$1.59/SF
EGI
$54.6K $30.21/SF
− OpEx
−$24.6K −$13.59/SF
NOI
$30.1K $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%
$601,140
Cap Rate 7%
$429,386
Cap Rate 9%
$333,967
Alternative Uses
Best Use
Apartment 5plus
$429.4K
$375.7K – $501.0K
NOI $30,057 @ 7.0% cap · market cap 3.01%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$930.5K
$814.2K – $1.09M
NOI $65,134 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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 - Elegant 2-bedroom condo with stunning views and premium amenities.
Where is this residential income property located?
The property is located at 800 25TH NW STREET 605 Washington, DC.
What is the asking price?
The asking price for this property is $999,500.
What are key features of this property?
This property features: Amazing views of the National Cathedral and Georgetown University.; 24‑hour front desk concierge and comprehensive security system.; Expansive rooftop deck with panoramic city views.
