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Property profile & analytics
OFF-MARKET
Estimated value
$2,420,000
Hotels
2850 27th NW St Washington, DC 20008-4102
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US16-0061303
Property profile
Verified
Property type
Hotels
Use group
HOTEL/MOTEL
Year built
1910
Construction
BRICK
Total area
4,061 SF
Lot
0.07 ac (3,205 SF)
Zoning code
RA-2
APN
2109 0072
UPID
US16-0061303
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.38M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.38M
Blend (final)
Blend
$2.42M
Owner & transaction history
Chi Carren Wang Yu · 3 yrs held
Chi Carren Wang Yu
since 2023
Last sale
$2.5M
5 recorded transactions
Zoning & alternative use
RA-2 · Washington, DC
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
L APARTMENT ZONE - RA 1/NO 300 PURPOSE AND INTENT 301 HEIGHT 302 PENTHOUSE AND ROOFTOP STRUCTURE 303 PLANNED UNIT DEVELOPMENT 304 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 4 CAPITOL INTEREST RESIDENTIAL APARTMENT ZONE - RA-2/CAP 400 PURPOSE AND INTENT 401 HEIGHT 402 PENTHOUSE AND ROOFTOP STRUCTURE 403 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 5 DUPONT CIRCLE…
Zone name
Residential Apartment
General category
CIVIC_INSTITUTIONAL
Zone area
1,240.98 ac
Top alternative use upside
Auto repair, garage
$3.5M
+91.2%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Washington submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Washington submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,335,000
ML approach
$2,380,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$1,820,000
Current use
AUTO REPAIR, GARAGE
$3,480,000
Change: +91% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,770,000
Change: -3% · Conversion: Difficult
OFFICE BUILDING
$1,630,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$2.42M
Range $2.18M – $2.66M · ±10% · vs last sale $2.50M (Jun 8 2023)
Last sale anchor
$2.50M
Jun 8 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$596 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$26,919
Tax year 2023
Assessed value
$1,631,440
Assessed 2023
Previous assessed
$1,631,440
+0.0% YoY
Effective rate
1.65%
On assessed value
Assessed land
$453,730
Assessed improvement
$1,177,710
Land market value
$453,730
Improvement market value
$1,177,710
Total market value
$1,631,440
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Hotels
Use group
HOTEL/MOTEL
Status
Off-Market
Year built
1910
Construction
BRICK
Heating
ELECTRIC
Cooling
YES
Stories
3
Rooms
16
Total area
4,061 SF
Lot
0.07 ac (3,205 SF)
Zoning code
RA-2
APN
2109 0072
UPID
US16-0061303
Jurisdiction
DISTRICT OF COLUMBIA
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
RA-2 · Washington, DCZoning RA-2 · permitted uses
RA-2 · Washington, DC
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
L APARTMENT ZONE - RA 1/NO 300 PURPOSE AND INTENT 301 HEIGHT 302 PENTHOUSE AND ROOFTOP STRUCTURE 303 PLANNED UNIT DEVELOPMENT 304 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 4 CAPITOL INTEREST RESIDENTIAL APARTMENT ZONE - RA-2/CAP 400 PURPOSE AND INTENT 401 HEIGHT 402 PENTHOUSE AND ROOFTOP STRUCTURE 403 SPECIAL EXCEPTION REVIEW CRITERIA CHAPTER 5 DUPONT CIRCLE RESIDENTIAL APARTMENT ZONES - RA-2/DC, RA-4/DC, AND RA-5/DC 500 PURPOSE AND INTENT
Zone name
Residential Apartment
General category
CIVIC_INSTITUTIONAL
Zone area
1,240.98 ac
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$3.5M
COMMERCIAL (GENERAL)
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
HOTEL/MOTEL Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1910
Construction
BRICK
Heating
ELECTRIC
Cooling
Yes
Stories
3
Rooms
16
Lot
0.07 ac
Current owner
From public records · entity-resolved
Chi Carren Wang Yu
Individual
Mailing address
2850 27TH ST NW, WASHINGTON, DC 20008-4102
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 8, 2023
$2,500,000
Chi Carren Wang Yu
Child Welfare Collaborative INC
Special Warranty Deed
$1,875,000 · Draper And Kramer Mortgage Corp
Jul 12, 2021
$2,400,000
Child Welfare Collaborative INC
Dc Metropolitan Guest House INC
Special Warranty Deed
$726,459 · Party III
Dec 21, 2010
$1,225,000
Dc Metropolitan Guest Hse INC
Jemals Of Cayre Kalorama LLC
Grant Deed
$800,000 · Eagle Bank
Sep 24, 2008
—
Jemals Of Cayre Kalorama LLC
—
Deed Of Trust
related
$4,500,000 · Burke & Herbert Bank & Trust
Aug 12, 2008
—
Jemals Of Cayre Kalorama LLC
—
Deed Of Trust
related
$5,000,000 · Consortium Atlantic Cayman Ltd
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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