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One-Bedroom Residential Income Property
New
For Sale
$250,000

940 25TH STREET NW Unit 316S, Washington, DC 20037

High-rise cooperative unit with wood flooring, casement windows, building security, and included utilities and maintenance.

Property Size682 SF
Days on Market5

Property Features for 940 25TH STREET NW Unit 316S

General Information

Standard status Active
Size 682 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 $147,890

Amenities

24-hour security
lobby desk
decks
breezeways
patios

Building Details

Building Size 682 SF
Year Built 1957
Listing Agency: EXP Realty, LLC
Listed By: Sally O'Brien Charnovitz · License #SP200204173
Source: Kwcapitalproperties
Added: Aug 18 Changed: Aug 21 Last Checked: Aug 21 at 7:26AM

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

Investment Insights

Based on property information with market context.

This one-bedroom cooperative residence is located in Claridge House, a high-rise building constructed in 1957. The unit features warm wood flooring and casement windows, while the property provides a staffed lobby desk and 24-hour security. Association-covered services include electricity, gas, water, and maintenance.

Residents have access to decks, breezeways, and patios within the community. A bus stop and Metro station are described as a short walk away, and the airport is less than 10 miles from the property. Local shops and restaurants are also located nearby.

Key Highlights

  • One‑bedroom unit in the Claridge House Cooperative
  • High‑rise building constructed in 1957
  • Warm wood flooring and casement windows

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
$11,332
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
4.53%
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%
$226,640 $226.6K
Cap Rate 7%
$161,886 $161.9K
Cap Rate 9%
$125,911 $125.9K
Market Conditions
NOI Build-Up for 682 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
$21.7K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.6K $30.21/SF
− OpEx
−$9.3K −$13.59/SF
NOI
$11.3K $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%
$226,640
Cap Rate 7%
$161,886
Cap Rate 9%
$125,911

Alternative Uses

Best Use
Apartment 5plus
$161.9K
$141.7K – $188.9K (±1% cap)
NOI $11,332 @ 7.0% cap · market cap 4.53%
Second Best
no second resolved use
Theoretical Best
Office A
$350.8K
$307.0K – $409.3K (±1% cap)
NOI $24,556 @ 7.0% cap · market cap 9.82%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Titania Security Companies ... Security Service

Suggested Use

Top Pick Butcher Fish Market Tanning Salon (Bike/Boat/Book/etc) Store Adult Day Care Buffet

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

12,490
Businesses Nearby

Demographics for 20037, DC

14,945
Population
8,828
Households
1.7
Avg Household Size
29
Median Age
90%
College-Educated
99%
High-School Grad
0.7 sq mi
ZIP Area
21,350
Density / Sq Mi
$98,917
Median Household Income
$69,480
Median Earnings
$2,420
Median Rent
$743,700
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - High-rise cooperative unit with wood flooring, casement windows, building security, and included utilities and maintenance.
Where is this residential income property located?
The property is located at 940 25TH STREET NW Unit 316S Washington, DC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: One‑bedroom unit in the Claridge House Cooperative; High‑rise building constructed in 1957; Warm wood flooring and casement windows
More about this property
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