Property profile

1007 Rhode Is NE Ave Washington, DC 20018

OFF-MARKET
Motels
Property ID
US16-0057916
3,515 SF 0.11 ac lot Built 1925
Entity Owned 10-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Motels
Use group MOTEL
Year built 1925
Construction BRICK
Total area 3,515 SF
Lot 0.11 ac (4,950 SF)
Zoning code RA-1
APN 3870 0049
UPID US16-0057916

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Housing Complex Group Accommodation
  • Construction Company
  • Hardware & Home Improvement Interior Design

Location

1007 Rhode Is NE Ave Washington, DC 20018-1763
Washington metro Census 9102 WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

since 2015
7 recorded transactions
2019
Price N/A
2015
$475,000
2010
$340,000
2005
$1.0M
2005
$600,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

RA-1 · Washington, DC
Zoning description

UPANCY 210 Source Note 211 GREEN AREA RATIO 211 Source Note 212 SPECIAL EXCEPTION FOR PUBLIC LIBRARIES AND PUBLIC RECREATION AND COMMUNITY CENTERS 212 Source Note CHAPTER 3 NAVAL OBSERVATORY RESIDENTIAL APARTMENT ZONE -…

General category CIVIC_INSTITUTIONAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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