Two-Bedroom Residential Income
For Sale
$435,000
919 12TH STREET NE Unit 303, Washington, DC 20002
Condominium unit with open living space, a private balcony, stainless steel GE appliances, and upgraded bathroom finishes.
Property Size1,150 SF
Days on Market195
Property Features for 919 12TH STREET NE Unit 303
General Information
Standard status
Active
Size
1,150 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,269
Amenities
private balcony
Building Details
Building Size
1,150 SF
Year Built
2022
Listing Agency:
EXP Realty, LLC
Listed By:
Keri K. Shull · License #BR98376664
(703) 609-5183
Source:
Kwcapitalproperties
Added: Apr 8
Changed: Oct 16
Last Checked: Oct 16 at 2:25PM
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 EXP Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 303 is a condominium residence completed in 2022 with two bedrooms, generous closet space, and an open-concept living area. The kitchen is equipped with stainless steel GE appliances, while the bathrooms feature upgraded finishes. A private balcony extends the usable living area and provides outdoor space within the residence.
The property is located near Union Market and the H Street Corridor, with dining, entertainment, and grocery options including Whole Foods and Giant nearby. Public transportation access includes the H Street trolley and multiple bus routes serving the area.
The property is located near Union Market and the H Street Corridor, with dining, entertainment, and grocery options including Whole Foods and Giant nearby. Public transportation access includes the H Street trolley and multiple bus routes serving the area.
Key Highlights
- Two‑bedroom condominium unit with abundant closet space
- Open‑concept living area and private balcony
- Kitchen with stainless steel GE appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,578
Cap Rate
4.50%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,560
$391.6K
Cap Rate 7%
$279,686
$279.7K
Cap Rate 9%
$217,533
$217.5K
Market Conditions
NOI Build-Up for 1,150 SF
Gross rent
$38.0K $33.00/SF
− Vacancy
−$2.4K −$2.05/SF
EGI
$35.6K $30.95/SF
− OpEx
−$16.0K −$13.93/SF
NOI
$19.6K $17.02/SF
Area
ZIP 20002
Vacancy
6.20%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$391,560
Cap Rate 7%
$279,686
Cap Rate 9%
$217,533
Alternative Uses
Best Use
Apartment 5plus
$279.7K
$244.7K – $326.3K
NOI $19,578 @ 7.0% cap · market cap 4.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$593.7K
$519.5K – $692.7K
NOI $41,562 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,816
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Condominium unit with open living space, a private balcony, stainless steel GE appliances, and upgraded bathroom finishes.
Where is this residential income property located?
The property is located at 919 12TH STREET NE Unit 303 Washington, DC.
What is the asking price?
The asking price for this property is $435,000.
What are key features of this property?
This property features: Two‑bedroom condominium unit with abundant closet space; Open‑concept living area and private balcony; Kitchen with stainless steel GE appliances
