1103 Fern St Nwp-1 Washington, DC 20012-2363
- Parking lots & garages
Current Use by Public Records
- Parking lots & garages
Property Details for 1103 Fern St Nwp-1
- Property type
- Parking lots & garages
- APN
- 2954 2020
- APU
- 29542020
Description
This stunning 792 square foot condo, built in 2022, is located at 1103 Fern Street NW, Unit 301, Washington, DC 20012. Priced at $429,000 ($541.67 per square foot), this multifamily property offers a rare opportunity in the desirable Shepherd Park neighborhood. The unit is part of a new development, boasting modern finishes and a functional layout designed to maximize space. Situated in a vibrant area, residents enjoy easy access to shops, restaurants, parks, and convenient transportation. A significant advantage is its proximity to the expansive 66-acre Walter Reed development, featuring retail, entertainment, hotels, offices, healthcare facilities, schools, and extensive parkland. This property benefits from a $7,500 seller closing credit, making it an even more attractive investment. The building is zoned MU-4, and its green building features contribute to a sustainable and comfortable living experience. This is a prime opportunity to own a piece of this thriving Washington, D.C. neighborhood. Don't miss this chance to secure your new home in a vibrant and convenient location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $530,000
- 6.5%
- $530,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $470,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $470,000
- Retail
- $535,000
- Mixed-Use
- $575,000
- Hospitality
- $605,000
- Educational
- $455,000
- Residential Income
- $485,000
- Energy
- $555,000
- Income-Based Land
- $450,000
- Food Service
- $595,000
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District Of Columbia
- State
- DC
- Longitude
- -77.0268
- Latitude
- 38.9782
- CBSA code
- 47900
- CBSA name
- WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA