3001 Veazey Ter NW #615 · Washington, DC
Flood risk 1/10 · Minimal
- FEMA flood zone
- X (unshaded)
- Chance of flooding over 30 yrs
- 0.0%
- Est. flood insurance / yr
- $473 – $860
Fire risk 1/10 · Minimal
- Est. fire insurance / yr
- $631 – $1,173
Heat risk 7/10 · Major
- Hot days now (above 105°F)
- 7 days/yr
- Hot days in 30 yrs
- 15 days/yr
Wind risk 4/10 · Minor
- Chance of severe wind over 30 yrs
- 15.0%
Air-quality risk 3/10 · Minor
- Unhealthy air days now
- 3 days/yr
- Unhealthy air days in 30 yrs
- 5 days/yr
Risk factors via First Street. Map © Google.
Why this score? — see what drove the D- grade
The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).
- ARV discount +13.7/15.0
- Appreciation +4.8/10.0
- Condition / age +4.0/5.0
- Livability +3.7/5.0
- Schools +3.6/10.0
- 1% rule +3.5/10.0
- Rent growth +1.9/5.0
- Cash flow +0.0/30.0
- DSCR +0.0/10.0
$255,000
🖨 Deal sheet (PDF) 📄 Offer letter ✓ Due diligence
Listing remarks
Welcome home to Van Ness North—where elevated city living meets comfort, style, and unbeatable convenience! Step inside this beautifully updated one-bedroom co-op and feel instantly at ease in a light-filled, open living space designed to impress. The expansive living room is framed by dramatic floor-to-ceiling windows that flood the home with natural sunlight, creating a bright and inviting atmosphere from morning to evening. Gleaming hardwood floors guide you seamlessly into the open dining area—perfect for hosting lively dinner parties or enjoying cozy nights in.
Key facts
- Updated kitchen
- Walk in closet
- $1,202 HOA
Tags
Neighborhood map
What this means for you Summary
Snapshot
- This is a 1-bed/1.0-bath condo listed at $255k. Condition is rated good.
Deal economics
- At list price, monthly cash flow is $-1k ($-15k/yr) — negative.
- To cash-flow at today's rent, offer at most $74k (71.2% below list).
- To meet the 1% rule (rent ≥ 1% of price), the offer needs to be $216k (15.1% below list).
- Recommended offer: $74k (71.2% below list) — sets the bar for cash-flow.
- Cap rate 0.4% vs local median 2.5% in Washington — below-typical yield; the buyer is paying a premium for something (appreciation thesis, condition, location) that the cap rate doesn't capture.
Location & tenants
- Location reads 73/100 on livability (#1 in DC) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime F, cost of living F.
- District Of Columbia Public Schools (urban): math 33% / reading 40% proficiency, ranked #8 of 32 in DC (top 25%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 65% free/reduced lunch — lower-income household profile, screen leases tightly.
- Zoned schools: Hearst Es (347 students, 0% FRL); Deal Ms (1,391 students, 0% FRL); Jackson-Reed Hs (2,153 students, 0% FRL) — zoned schools average 0% FRL vs 65% district-wide (65 pts lower); this property's tenant base skews higher-income than the district average.
- Market conditions: Rents soft (-2.5%/yr); 292 active listings in the ZIP; 40 comparable units currently listed for rent nearby; rentals leasing fast (median 11d on market — plan ~1-2 weeks tenant-placement turnaround); high-income renter base; 1,737 units permitted in District of Columbia in 2024 (1,506 in 5+ unit buildings).
Forward outlook
- In year one you build about $901 of equity ($2k loan paydown + $-862 appreciation (-0.3% local appreciation)).
- District of Columbia County population projected at +50% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
Negotiation context
- It's been on market 121 days — a 12% lower offer ($224k) is reasonable based on typical stale-listing flexibility.
- 2 sale attempts; this cycle's ask has dropped $20k (7%) from the opening price — seller is motivated, your offer sets the floor, not the list.
Risks & watch-outs
- Watch-outs: HOA is 56% of rent.
- Climate carrying-cost: extreme-heat days projected 7→15/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.
Questions for the listing agent
- What do current leases actually rent for vs. the listed asking? Can we see a recent rent roll and the last 12 months of T-12 income?
- It's been on market 121 days. Have you received any prior offers? Is the seller open to a 71% concession, seller financing, or rate buy-down credit?
- Built in 1967 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
- What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
- Any open or pending special assessments — roof, HVAC, plumbing, elevator, façade? What's the per-unit balance and payoff schedule, and is the seller paying it off at close or rolling it to the buyer?
- Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
- Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
- Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
- The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
- What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
- What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
- How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.
Investment metrics
- 1% rule
- 0.85% ✗
- Cap rate
- 0.39%
- Cash-on-cash
- -21.08%
- DSCR
- 0.06
- GRM
- 9.8
CMA / ARV
- ARV (median comp)
- $295,642
- List price
- $255,000
- Delta
- -13.75%
- Verdict
- UNDERPRICED
- Comps
- 20 within 1.0 mi
Show comp detail 12 sales within ~0.75 mi
| Address | Dist | Beds/Ba | Sqft | Sold | Price | $/sf | Match |
|---|---|---|---|---|---|---|---|
| 3001 Veazey Ter NW #1013 | 0.03mi | 1/1.0 | 1,018 (+2%) | 1mo | $375,000 | $368 | 95 |
| 3001 Veazey Ter NW #104 | 0.03mi | 1/1.0 | 925 (-8%) | 1mo | $270,000 | $292 | 86 |
| 4111 Connecticut Ave NW Ph 604 | 0.15mi | 2/2.0 (+1) | 994 (-1%) | 0mo | $780,000 | $785 | 83 |
| 4025 Connecticut Ave NW #301 | 0.22mi | 2/2.0 (+1) | 1,060 (+6%) | 0mo | $750,000 | $708 | 70 |
| 2939 Van Ness St NW #308 | 0.10mi | 1/1.0 | 751 (-25%) | 0mo | $240,000 | $320 | 70 |
| 4707 NW Connecticut Ave NW #308 | 0.56mi | 1/1.0 | 917 (-8%) | 0mo | $370,000 | $403 | 60 |
| 4201 Cathedral Ave NW Unit 513W | 1.49mi | 1/1.0 | 890 (-11%) | 1mo | $215,000 | $242 | 46 |
| 4201 Cathedral Ave NW Unit 1406E | 1.49mi | 1/1.0 | 888 (-11%) | 0mo | $270,000 | $304 | 46 |
| 3900 Cathedral Ave NW Unit 609A | 1.43mi | 1/1.0 | 1,128 (+13%) | 1mo | $181,000 | $160 | 43 |
| 3401 38th St NW #316 | 0.88mi | 2/2.0 (+1) | 912 (-9%) | 0mo | $510,000 | $559 | 41 |
| 3114 Wisconsin Ave NW #302 | 1.13mi | 1/1.0 | 850 (-15%) | 0mo | $235,000 | $276 | 40 |
| 4101 Albemarle St NW #627 | 1.06mi | 1/1.0 | 787 (-21%) | 1mo | $465,000 | $591 | 39 |
Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.
Projected returns pro-forma
-0.34% appreciation · 0.0% rent growth · sell at horizon
- IRR
- -31.7%
- Equity multiple
- -0.36×
- Total profit
- $-96,932
- Equity at exit
- $69,764
- IRR
- -28.5%
- Equity multiple
- -1.52×
- Total profit
- $-179,666
- Equity at exit
- $80,516
Cash invested: $71,400 (down + closing). Projections, not guarantees.
Landlord ↔ Tenant lean methodology
- Overall (CITY)
- 0 Strongly Tenant-Friendly
- State District of Columbia
- 12 Strongly Tenant-Friendly · D+43
- County
- — inherits STATE
- City Washington
- 0 Strongly Tenant-Friendly · D+43
Active competition Active MLS
- For sale now
- 1 active · 4 under contract
- Median asking
- $399,000 ($523/sqft)
- Median days on market
- 134 d
- This list price
- lowest-priced of the active set
- ARV vs active asking
- -43.5% vs current asking $/sqft
Closed sales set the value; these active listings set current market conditions and a practical price ceiling.
ZIP-level market 20008
- Home prices YoY
- -0.1%
- Rents YoY
- -2.5%
- Active inventory
- 292
- Price-to-rent
- 9.8×
Monthly cashflow live
- Estimated rent
- $2,165 high interval (Pro) →
- Mortgage (P&I)
- −$1,337
- Tax est. 1.5%
- −$319 /mo · $3,825/yr
- Insurance
- −$106
- HOA
- −$1,202
- Lot rent
- −$0
- Vacancy / Maint / Mgmt
- −$455
- Net cashflow
- $-1,254
Break-even live
Sensitivity live
| Price | -10% $-1,078 | -5% $-1,166 | +0% $-1,254 | +5% $-1,342 | +10% $-1,430 |
|---|---|---|---|---|---|
| Rent | -10% $-1,425 | -5% $-1,340 | +0% $-1,254 | +5% $-1,169 | +10% $-1,083 |
| Rate | -1.0pp $-1,126 | -0.5pp $-1,189 | base $-1,254 | +0.5pp $-1,320 | +1.0pp $-1,387 |
UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt
Financing live
Cash to close
- Down payment
- $63,750
- Closing costs
- $7,650
- Club membership (one-time)
- —
- Reserves months
- —
- Total cash needed
- —
Loan-product check · same deal, 3 products live
Conventional
25% down · 7.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Personal DTI + credit; lowest rate.
DSCR
20% down · 8.5% · 30yr
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
No personal income docs; deal must DSCR.
Hard money
10% down · 12.0% · 12mo
- Cash invested
- —
- Monthly P&I
- —
- Monthly cashflow
- —
- DSCR
- —
- Eligible?
- —
Short-term bridge; refi at stabilization.
Rent comps 40 comps
| Address | Beds | Baths | Sqft | Rent | $/sqft | DOM | Units | Dist |
|---|---|---|---|---|---|---|---|---|
| 3001 Veazey Ter NW Unit 528 Washington, DC | — | 1.0 | 830 | $1,950 | $2.35 | 165d | 1 | 0.01mi |
| 3003 Van Ness St NW Washington, DC | 2.0 | 1.0–2.0 | 1020 | $2,300 | $2.25 | 0d | 23 | 0.09mi |
| 2939 Van Ness St NW Washington, DC | 1.0 | 1.0 | 619 | $2,150 | $3.47 | 23d | 5 | 0.11mi |
| 2939 Van Ness St NW Washington, DC | 1.0 | 1.0 | 678 | $1,800 | $2.65 | 125d | 3 | 0.11mi |
| 4411 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 922 | $2,365 | $2.56 | 0d | 5 | 0.14mi |
| 2950 Van Ness St NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 974 | $1,701 | $1.75 | 0d | 11 | 0.15mi |
| 3429 Yuma St NW Washington, DC | 1.0–3.0 | 1.0–2.0 | 856 | $1,695 | $1.98 | 3d | 10 | 0.25mi |
| 4007 Connecticut Ave NW #507 Washington, DC | 1.0 | 1.0 | 790 | $2,300 | $2.91 | 1d | 1 | 0.25mi |
| 4007 Connecticut Ave NW #507 Washington, DC | 1.0 | 1.0 | 790 | $2,300 | $2.91 | 165d | 1 | 0.25mi |
| 4501 Connecticut Ave NW Washington, DC | 2.0 | 1.0–2.0 | 996 | $2,318 | $2.33 | 0d | 9 | 0.30mi |
| 3945 Connecticut Ave NW Washington, DC | 2.0 | 1.0–2.0 | 650 | $2,446 | $3.76 | 3d | 10 | 0.31mi |
| 4500 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 814 | $1,899 | $2.33 | 0d | 14 | 0.32mi |
| 4545 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 987 | $1,950 | $1.97 | 0d | 10 | 0.35mi |
| 3883 Connecticut Ave NW Washington, DC | 1.0 | 1.0 | 664 | $2,425 | $3.65 | 15d | 3 | 0.35mi |
| 3883 Connecticut Ave NW Washington, DC | 1.0 | 1.0 | 722 | $2,472 | $3.42 | 56d | 2 | 0.35mi |
| 3801 Connecticut Ave NW Washington, DC | 1.0 | 1.0 | 617 | $2,872 | $4.65 | 0d | 20 | 0.40mi |
| 4550 Connecticut Ave NW Washington, DC | 1.0 | 1.0 | 761 | $2,046 | $2.69 | 2d | 1 | 0.41mi |
| 4601 Connecticut Ave NW Washington, DC | 2.0 | 1.0 | 738 | $2,790 | $3.78 | 0d | 7 | 0.41mi |
| 3726 Connecticut Ave NW Washington, DC | 1.0 | 1.0 | 775 | $2,799 | $3.61 | 1d | 11 | 0.42mi |
| 4607 Connecticut Ave NW Washington, DC | 2.0 | 1.0 | 850 | $2,198 | $2.59 | 0d | 12 | 0.45mi |
| 4600 Connecticut Ave NW Washington, DC | 2.0 | 1.0–2.0 | 800 | $2,425 | $3.03 | 134d | 3 | 0.47mi |
| 4600 Connecticut Ave NW Washington, DC | 1.0 | 1.0 | 659 | $1,900 | $2.88 | 3d | 2 | 0.47mi |
| 4600 Connecticut Ave NW Washington, DC | 2.0 | 1.0–2.0 | 800 | $2,425 | $3.03 | 117d | 3 | 0.47mi |
| 4600 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 921 | $2,000 | $2.17 | 76d | 2 | 0.47mi |
| 4600 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 921 | $2,000 | $2.17 | 65d | 2 | 0.47mi |
| 4600 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 902 | $1,950 | $2.16 | 119d | 2 | 0.47mi |
| 4600 Connecticut Ave NW #601 Washington, DC | 2.0 | 2.0 | 1101 | $3,150 | $2.86 | 83d | 1 | 0.47mi |
| 3032 Rodman St NW Washington, DC | 1.0 | 1.0 | 800 | $2,086 | $2.61 | 10d | 2 | 0.48mi |
| 4701 Connecticut Ave NW Unit LL3 Washington, DC | 2.0 | 2.0 | 1070 | $3,400 | $3.18 | 56d | 1 | 0.50mi |
| 4701 Connecticut Ave NW #300 Washington, DC | 2.0 | 2.0 | 1074 | $3,400 | $3.17 | 78d | 1 | 0.50mi |
| 4701 Connecticut Ave NW Unit LL3 Washington, DC | 2.0 | 2.0 | 1070 | $3,400 | $3.18 | 1d | 1 | 0.50mi |
| 4701 Connecticut Ave NW #300 Washington, DC | 2.0 | 2.0 | 1074 | $3,500 | $3.26 | 130d | 1 | 0.50mi |
| 3616 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0 | 832 | $1,999 | $2.40 | 20d | 2 | 0.54mi |
| 3616 Connecticut Ave NW #102 Washington, DC | 2.0 | 1.0 | 933 | $2,700 | $2.89 | 10d | 1 | 0.54mi |
| 4707 Connecticut Ave NW #111 Washington, DC | 1.0 | 1.0 | 737 | $2,100 | $2.85 | 159d | 1 | 0.54mi |
| 3614 Connecticut Ave NW Washington, DC | 2.0 | 1.0 | 687 | $2,086 | $3.03 | 10d | 5 | 0.55mi |
| 4740 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 992 | $2,100 | $2.12 | 19d | 2 | 0.59mi |
| 4740 Connecticut Ave NW Washington, DC | 1.0–2.0 | 1.0–2.0 | 992 | $1,900 | $1.91 | 10d | 2 | 0.59mi |
| 4740 Connecticut Ave NW #706 Washington, DC | 2.0 | 2.0 | 1144 | $3,100 | $2.71 | 3d | 1 | 0.59mi |
| 4801 Connecticut Ave NW Washington, DC | 4.0 | 1.0–2.0 | 1049 | $2,497 | $2.38 | 10d | 1 | 0.60mi |
Property features AI
Finance
- Other
- Property managed by a property manager
- Financial info
- One-time other fee: $1,975
- HOA & community
- Monthly co-op/condo fee: $1,200Fee covers ground rent, water, sewer, gas, electricity, management, pools, common area maintenance, exterior building maintenance, laundry, reserve funds and taxesCommunity amenities include outdoor pool, fitness center/exercise room, library, party room, elevators, extra storage, common grounds and laundry facilities
Exterior
- Parking
- Underground covered parking garage with garage door openerOne assigned garage/parking spaceReserved/assigned parking available in the community
- Security
- Building management present
- Utilities
- Public waterPublic sewerNatural gas availableElectric available
- Home design
- Cooperative ownership (co-op)Hi-rise building (9+ floors)Unit/flatEntry level: 6
- Construction
- Brick and concrete constructionBuilding listed as Van Ness North CooperativeApproximately built (year source: assessor)
- Exterior features
- Community outdoor poolAbove-grade and below-grade common structuresNot in a federal flood zone
Interior
- Kitchen
- Kitchen (appliances not specified)
- Bedrooms
- One bedroom on the main level (unit entry level 6)
- Flooring
- Wood flooring
- Bathrooms
- One full bathroom on the main level
- Heating & cooling
- Convector heatingElectric heating fuelConvector coolingNatural gas for cooling fuelNatural gas hot water
- Interior features
- Tub/showerCombination dining and living areaCrown moldingsDining areaFormal separate dining roomWalk-in closet(s)Window treatmentsWood floorsPlaster walls36+ inch wide halls (accessibility)
- Laundry & utility
- Shared/common laundry facilities (no washer/dryer in unit)
HOA detail $1,202/mo · $14,424/yr condo
- Assessments
- None detected in remarks — confirm with the listing agent.
Listing history 50 events
-
2026-11-08days on market $255,000 Active 121 DOM
-
2026-11-07days on market $255,000 Active 120 DOM
-
2026-11-06days on market $255,000 Active 119 DOM
-
2026-11-05days on market $255,000 Active 118 DOM
-
2026-11-04days on market $255,000 Active 117 DOM
-
2026-11-02days on market $255,000 Active 115 DOM
-
2026-11-01days on market $255,000 Active 114 DOM
-
2026-10-31days on market $255,000 Active 113 DOM
-
2026-10-30days on market $255,000 Active 112 DOM
-
2026-10-29days on market $255,000 Active 111 DOM
-
2026-10-28days on market $255,000 Active 110 DOM
-
2026-10-27pricedays on market $255,000 Active 109 DOM
-
2026-10-26days on market $269,000 Active 108 DOM
-
2026-10-26days on market $269,000 Active 107 DOM
-
2026-10-24days on market $269,000 Active 106 DOM
-
2026-10-23days on market $269,000 Active 105 DOM
-
2026-10-22days on market $269,000 Active 104 DOM
-
2026-10-21days on market $269,000 Active 103 DOM
-
2026-10-20days on market $269,000 Active 102 DOM
-
2026-10-19days on market $269,000 Active 101 DOM
-
2026-10-18days on market $269,000 Active 100 DOM
-
2026-10-17days on market $269,000 Active 99 DOM
-
2026-10-16days on market $269,000 Active 98 DOM
-
2026-10-15days on market $269,000 Active 97 DOM
-
2026-10-14days on market $269,000 Active 96 DOM
-
2026-10-13days on market $269,000 Active 95 DOM
-
2026-10-12days on market $269,000 Active 94 DOM
-
2026-10-11days on market $269,000 Active 93 DOM
-
2026-10-10days on market $269,000 Active 92 DOM
-
2026-10-09days on market $269,000 Active 91 DOM
-
2026-10-08days on market $269,000 Active 90 DOM
-
2026-10-07days on market $269,000 Active 89 DOM
-
2026-10-06days on market $269,000 Active 88 DOM
-
2026-10-05days on market $269,000 Active 87 DOM
-
2026-10-04days on market $269,000 Active 86 DOM
-
2026-10-04days on market $269,000 Active 85 DOM
-
2026-10-02days on market $269,000 Active 84 DOM
-
2026-10-01days on market $269,000 Active 83 DOM
-
2026-09-30days on market $269,000 Active 82 DOM
-
2026-09-29days on market $269,000 Active 81 DOM
-
2026-09-28days on market $269,000 Active 80 DOM
-
2026-09-27days on market $269,000 Active 79 DOM
-
2026-09-26days on market $269,000 Active 78 DOM
-
2026-09-25days on market $269,000 Active 77 DOM
-
2026-09-24days on market $269,000 Active 76 DOM
-
2026-09-23days on market $269,000 Active 75 DOM
-
2026-09-22days on market $269,000 Active 74 DOM
-
2026-09-21days on market $269,000 Active 73 DOM
-
2026-09-20days on market $269,000 Active 72 DOM
-
2026-09-19days on market $269,000 Active 71 DOM
ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot
backfill from property_details.listing_events for pre-trigger history.
Climate risk First Street
- Flood 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
- Wildfire 1/10 Low
- Heat 7/10 Severe 7 d/yr ≥105°F today · 15 d/yr by 30 yrs out
- Wind 4/10 Moderate 15% chance of damaging wind over 30 yrs
- Air quality 3/10 Moderate 3 unhealthy d/yr today · 5 by 30 yrs out
Nearby sold comps map
Loading sold comps map…
Walkable amenities ~0.75 mi
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Taxation est. · year 1
- Rental income
- $25,976
- − Mortgage interest
- −$14,284
- − Property taxes
- −$3,825
- − Insurance
- −$1,275
- − Repairs & maintenance
- −$2,078
- − Management
- −$2,078
- − HOA
- −$14,424
- − Depreciation
- −$7,418
- Taxable loss
- −$19,406
- Est. tax savings @ 24.0%
- +$4,657
- After-tax cash flow
- $-10,392/yr
For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.
Condition & rehab AI · 12 photos
This well-maintained one-bedroom condo is ready for move-in with updated kitchen and fresh paint. It offers a bright and open living space with modern amenities and a desirable location.
Value-add opportunities
- Both Painting the interior walls — Fresh paint enhances the home's appeal and can increase both resale and rental value ↑
- Resale Updating the kitchen backsplash — A fresh backsplash can make the kitchen more modern and appealing to potential buyers ↑
- Both Landscaping improvements — Enhanced landscaping can improve curb appeal and attract more renters ↑
ⓘ Rehab cost is a screening estimate — Cosmetic scope × the home's square footage at US $/sqft rules of thumb (the same model as the Flip Finder). Get contractor quotes + a written scope before underwriting.
Zoned Schools
Schools (NCES district)
- District
- District Of Columbia Public Schools
- NCES district ID
- 1100030
- Math proficiency
- 33% ▲ 3.00%
- Reading proficiency
- 40% ▲ 5.00%
- Median HH income
- $67,671
- Composite
- 35.84/100
- National rank
- #9606
- State rank
- #8 of 32 in DC
Livability — Washington
- Score
- 73/100
- State rank
- #1
- US rank
- #5327
Category grades
Schools grade is shown separately in the Schools card above.
Census & demographics
- Census place
- Washington, DC
- County
- District of Columbia · 821,926 people
- City population
- 671,873
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- Population (ZIP)
- 29,434
- Household income
- $125,212
- Rent vs Own
- Severe rent burden
- 10% of renters
Population outlook (District of Columbia County) Hauer SSP2
- Today (2025)
- 821,926 people
- By 2030
- 899,517 · +9.4%
- By 2040
- 1,061,162 · +29.1%
- By 2050
- 1,231,493 · +49.8%
- By 2075
- 1,603,312 · +95.1%
- By 2100
- 1,847,141 · +124.7%
Race, ethnicity, and origin ACS 2023
- Neighborhood character
- Predominantly White (66%)
- Race & ethnicity
- White 66% Hispanic / Latino 11% Black 10% Two or more races 9% Asian 7%
- Hispanic origin (detail)
- Mexican 2% Puerto Rican 1%
- Languages at home
- 81% English-only · Spanish 8% Other Indo-European 3% French/Haitian/Cajun 2%
Political lean MEDSL · District of Columbia
- 2024 margin
- Solid D (+86.1) · D 91.2% · R 5.1% · Other 3.8%
- 2008→2024 swing
- +0.1pp no change · 2008: 85.9pp · 2024: 86.1pp
- All cycles
- 2024: D+86.1 2020: D+86.8 2016: D+88.7 2012: D+84.2 2008: D+85.9
Not yet ingested
- Civics
- —
Market trends
- HPI YoY
- ▼ -0.34%
- Current HPI
- 289.2443
- Rent YoY
- ▼ -2.53%
- Metro
- Washington-Arlington-Alexandria, DC-VA-MD-WV
- State GDP YoY
- ▲ 1.33%
- F500 in state
- 6
Industry mix (Fortune 500 HQ in DC)
| Industry | F500 HQs | Revenue |
|---|---|---|
| Financial Services | 1 | $153B |
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| Life Sciences / Industrials | 1 | $25B |
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| Industrial Machinery | 1 | $8B |
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Price history
-1.5% since first listed7 events — show timeline
- 2026-07-01 Listing Removed — BRIGHT MLS
- 2026-06-01 Price Changed $269,000 BRIGHT MLS
- 2026-04-10 Listed $275,000 BRIGHT MLS
- 2025-11-21 Listing Removed — BRIGHT MLS
- 2025-10-28 Price Changed $268,000 BRIGHT MLS
- 2025-09-13 Listed $273,000 BRIGHT MLS
- 2025-09-12 Coming Soon — BRIGHT MLS
Cash-flow waterfall
monthlySold comps — $/sqft
last 12 mo · ≤1 miLoading sold comps…