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Light-Filled Residential Income Property
For Sale
$235,000

950 25TH STREET NW Unit 406N, Washington, DC 20037

Single-level cooperative residence with an open layout, updated kitchen finishes, and access to full-service building amenities.

Property Size625 SF
Price / SF$376
Days on Market123

Property Features for 950 25TH STREET NW Unit 406N

General Information

Standard status Active
Size 625 SF
Property subtype Unit/Flat/Apartment

Additional Details

HOA Fee $1,286
Public Transit Yes
Multifamily Units 1

Amenities

24-hour front desk
fitness center
rooftop pool & terrace
package reception
courtyard lounge area
business center
residents' lounge
on-site management & maintenance

Building Details

Building Size 625 SF
Year Built 1966
Listing Agency: RLAH @properties
Listed By: Jason Skipworth · License #SP98365606
Source: Kwcapitalproperties
Added: May 15 Changed: Sep 4 Last Checked: Sep 13 at 12:00PM

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 RLAH @properties

Investment Insights

Based on property information with market context.

Unit 406N is a 625-square-foot cooperative residence with an open single-level layout and expansive windows overlooking tree-lined surroundings. The kitchen includes granite countertops, wood cabinetry, stainless steel appliances, a breakfast bar, and generous preparation space. Hardwood flooring, a spacious bedroom, blackout window treatment, and abundant natural light complete the interior.

Claridge House is professionally managed and offers a 24-hour front desk, fitness center, rooftop pool and terrace, package reception, courtyard lounge, business center, residents’ lounge, and on-site maintenance. The building is near Georgetown, the Potomac waterfront, the Kennedy Center, Foggy Bottom-GWU Metro station, George Washington University, dining, shopping, parks, and cultural destinations.

The cooperative permits leases with a minimum 6-month term and considers pets with board approval. On-site parking may be available for purchase or rent from another owner. The building was constructed in 1966.

Key Highlights

  • 625sf cooperative residence with open single‑level floor plan
  • Granite kitchen with breakfast bar, wood cabinetry, and stainless steel appliances
  • Expansive windows with tree‑lined views and blackout bedroom treatment

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
$10,385
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
4.42%
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%
$207,700 $207.7K
Cap Rate 7%
$148,357 $148.4K
Cap Rate 9%
$115,389 $115.4K
Market Conditions
NOI Build-Up for 625 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
$19.9K $31.80/SF
− Vacancy
−$994 −$1.59/SF
EGI
$18.9K $30.21/SF
− OpEx
−$8.5K −$13.59/SF
NOI
$10.4K $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%
$207,700
Cap Rate 7%
$148,357
Cap Rate 9%
$115,389

Alternative Uses

Best Use
Apartment 5plus
$148.4K
$129.8K – $173.1K (±1% cap)
NOI $10,385 @ 7.0% cap · market cap 4.42%
Second Best
no second resolved use
Theoretical Best
Office A
$321.5K
$281.3K – $375.1K (±1% cap)
NOI $22,504 @ 7.0% cap · market cap 9.58%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Darins apartment Apartment Building Claridge House Cooperative Apartment Building Show House Pros Big Box & Wholesale Store

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
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Frequently Asked Questions

What type of property is this?
Residential income property - Single-level cooperative residence with an open layout, updated kitchen finishes, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 950 25TH STREET NW Unit 406N Washington, DC.
What is the asking price?
The asking price for this property is $235,000.
What are key features of this property?
This property features: 625sf cooperative residence with open single‑level floor plan; Granite kitchen with breakfast bar, wood cabinetry, and stainless steel appliances; Expansive windows with tree‑lined views and blackout bedroom treatment
More about this property
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