Corner Condominium
For Sale
$350,000
919 12TH STREET NE Unit 404, Washington, DC 20002
Upper-floor positioning, oversized windows, and in-unit laundry distinguish this residential unit.
Property Size705 SF
Price / SF$496.45
Days on Market206
Property Features for 919 12TH STREET NE Unit 404
General Information
Standard status
Active
Size
705 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Trinidad
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,728
Amenities
in-unit laundry
Building Details
Building Size
705 SF
Year Built
2022
Listing Agency:
EXP Realty, LLC
Listed By:
Keri K. Shull · License #BR98376664
(703) 609-5183
Source:
Canopy-re
Added: Apr 8
Changed: Oct 26
Last Checked: Oct 26 at 1:35PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 705-square-foot corner condominium residence sits on an upper floor in the Off Twelfth development. Built in 2022, the unit has oversized windows, a kitchen equipped with GE stainless steel appliances, contemporary bathroom finishes, and laundry within the residence.
The property is at 919 12th Street NE in Washington, DC. Union Market and the H Street Corridor are nearby, with dining, entertainment, Whole Foods, and Giant among the area’s noted destinations. Transit options include the H Street trolley and multiple bus routes.
The property is at 919 12th Street NE in Washington, DC. Union Market and the H Street Corridor are nearby, with dining, entertainment, Whole Foods, and Giant among the area’s noted destinations. Transit options include the H Street trolley and multiple bus routes.
Key Highlights
- 705‑square‑foot upper‑floor corner condominium residence
- Built in 2022
- Oversized windows bring natural light into the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,002
Cap Rate
3.43%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$240,040
$240.0K
Cap Rate 7%
$171,457
$171.5K
Cap Rate 9%
$133,356
$133.4K
Market Conditions
NOI Build-Up for 705 SF
Gross rent
$23.3K $33.00/SF
− Vacancy
−$1.4K −$2.05/SF
EGI
$21.8K $30.95/SF
− OpEx
−$9.8K −$13.93/SF
NOI
$12.0K $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%
$240,040
Cap Rate 7%
$171,457
Cap Rate 9%
$133,356
Alternative Uses
Best Use
Apartment 5plus
$171.5K
$150.0K – $200.0K
NOI $12,002 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$364.0K
$318.5K – $424.7K
NOI $25,479 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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 - Upper-floor positioning, oversized windows, and in-unit laundry distinguish this residential unit.
Where is this residential income property located?
The property is located at 919 12TH STREET NE Unit 404 Washington, DC.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 705‑square‑foot upper‑floor corner condominium residence; Built in 2022; Oversized windows bring natural light into the unit
