Two-Bedroom
For Sale
$199,900
822 KENNEDY STREET NW Unit 3, Washington, DC 20011
The condo fee covers utilities, with phone and cable/internet paid separately.
Property Size608 SF
Price / SF$328.78
Days on Market172
Property Features for 822 KENNEDY STREET NW Unit 3
General Information
Standard status
Active
Size
608 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$2,765
Building Details
Building Size
608 SF
Year Built
1911
Year Renovated
2020
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: May 12
Changed: Oct 27
Last Checked: Oct 26 at 2:57PM
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 two-bedroom, one-bath condominium is in a building constructed in 1911. The interior features hardwood flooring, recessed lights, and an open-plan layout. A 2020 renovation updated the kitchen with stainless steel appliances, a gas range, a built-in microwave, and contemporary cabinetry.
The property is on the Kennedy Street corridor, near neighborhood restaurants, coffee shops, and local markets. Rock Creek Park, Fort Totten Metro Station, and Metrobus stops are also nearby. The condo fee includes utilities; phone and cable/internet are separate expenses. The building is not FHA approved.
The property is on the Kennedy Street corridor, near neighborhood restaurants, coffee shops, and local markets. Rock Creek Park, Fort Totten Metro Station, and Metrobus stops are also nearby. The condo fee includes utilities; phone and cable/internet are separate expenses. The building is not FHA approved.
Key Highlights
- Two bedrooms and one bathroom
- Kitchen renovated in 2020 with stainless steel appliances, gas range, built‑in microwave, and contemporary cabinetry
- Hardwood floors, recessed lighting, and an open‑plan layout
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,677
Cap Rate
4.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,540
$193.5K
Cap Rate 7%
$138,243
$138.2K
Cap Rate 9%
$107,522
$107.5K
Market Conditions
NOI Build-Up for 608 SF
Gross rent
$18.7K $30.72/SF
− Vacancy
−$1.1K −$1.78/SF
EGI
$17.6K $28.94/SF
− OpEx
−$7.9K −$13.02/SF
NOI
$9.7K $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%
$193,540
Cap Rate 7%
$138,243
Cap Rate 9%
$107,522
Alternative Uses
Best Use
Apartment 5plus
$138.2K
$121.0K – $161.3K
NOI $9,677 @ 7.0% cap · market cap 4.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$313.9K
$274.7K – $366.2K
NOI $21,974 @ 7.0% cap · market cap 10.99%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,437
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 - The condo fee covers utilities, with phone and cable/internet paid separately.
Where is this residential income property located?
The property is located at 822 KENNEDY STREET NW Unit 3 Washington, DC.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Two bedrooms and one bathroom; Kitchen renovated in 2020 with stainless steel appliances, gas range, built‑in microwave, and contemporary cabinetry; Hardwood floors, recessed lighting, and an open‑plan layout
