One-Bedroom Residential Income
For Sale
$709,500
912 F STREET NW Unit 709, Washington, DC 20004
Condominium residence with balcony, open kitchen, and in-unit laundry.
Property Size1,259 SF
Days on Market127
Property Features for 912 F STREET NW Unit 709
General Information
Standard status
Active
Size
1,259 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,989
Amenities
private balcony
in-unit washer and dryer
Building Details
Building Size
1,259 SF
Year Built
2006
Listing Agency:
Compass
Listed By:
Jesse Johnson · License #SP40001944
(240) 446-2924
Source:
Kwcapitalproperties
Added: May 7
Changed: Sep 9
Last Checked: Sep 10 at 7:13AM
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.
Unit 201 at 912 F Street NW is a one-bedroom condominium completed in 2006, with an open interior that connects the kitchen, dining, and living areas. The residence includes wood flooring, substantial storage, a private balcony, and an in-unit washer and dryer. A breakfast bar adds separation between the kitchen and living space while supporting everyday dining and entertaining.
The property is in Washington’s Penn Quarter, with restaurants, cafés, bars, and shops nearby. Major Metro lines are described as a five-minute walk from the building. The unit is also identified as pet-friendly and is positioned on the quieter side of the building.
The property is in Washington’s Penn Quarter, with restaurants, cafés, bars, and shops nearby. Major Metro lines are described as a five-minute walk from the building. The unit is also identified as pet-friendly and is positioned on the quieter side of the building.
Key Highlights
- One‑bedroom condominium at 912 F Street NW, Unit 201
- Built in 2006
- Private balcony and wood flooring
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
$20,919
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
2.95%
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%
$418,380
$418.4K
Cap Rate 7%
$298,843
$298.8K
Cap Rate 9%
$232,433
$232.4K
Market Conditions
NOI Build-Up for 1,259 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
$40.0K $31.80/SF
− Vacancy
−$2.0K −$1.59/SF
EGI
$38.0K $30.21/SF
− OpEx
−$17.1K −$13.59/SF
NOI
$20.9K $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%
$418,380
Cap Rate 7%
$298,843
Cap Rate 9%
$232,433
Alternative Uses
Best Use
Apartment 5plus
$298.8K
$261.5K – $348.7K
NOI $20,919 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$647.6K
$566.6K – $755.5K
NOI $45,331 @ 7.0% cap · market cap 6.39%
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
14,770
Businesses Nearby
Explore this area
Business Placement
Demographics for 20004, DC
1,682
Population
1,593
Households
1.1
Avg Household Size
40
Median Age
95%
College-Educated
100%
High-School Grad
0.2 sq mi
ZIP Area
8,410
Density / Sq Mi
$161,359
Median Household Income
$133,857
Median Earnings
$2,945
Median Rent
$650,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence with balcony, open kitchen, and in-unit laundry.
Where is this residential income property located?
The property is located at 912 F STREET NW Unit 709 Washington, DC.
What is the asking price?
The asking price for this property is $709,500.
What are key features of this property?
This property features: One‑bedroom condominium at 912 F Street NW, Unit 201; Built in 2006; Private balcony and wood flooring
