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1201 Q ST NW #401
About This Property
HUGE PRICE REDUCTION 3/14 Introducing The Leumass, where unit #401 awaits-a truly unique 2-level turret property boasting open views and an expansive private rooftop deck.
Upon entry, bask in an abundance of natural light and stunning hardwood floors. Two bedrooms flank the main hallway, while further in, discover the in-unit washer and dryer, along with a full bathroom.The unit then unfolds into a spacious open-concept kitchen, living, and dining area- perfect for entertaining. The unique circular living room, adorned with ample windows, enjoys optimal southern and western sun exposure. The kitchen has been tastefully updated with stainless steel appliances and beautiful quartz countertops. Additionally, this exquisite property features custom window treatments from The Shade Store, adding a touch of elegance and functionality to the interior.
Head upstairs to find the large turret room- a versatile bonus space perfect for an office, den, or flex area. Adjacent to the turret room, your vast 22ftx20ft private deck awaits, complete with electricity and water. Offering nearly 360-degree views of the city, this deck is the perfect outdoor urban oasis.
Nestled just one block off of Logan Circle, this unit boasts a central location mere moments from Le Diplomate, Whole Foods, and the vibrant dining, nightlife, and shopping that Logan Circle and 14th St have to offer.
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Mar 29, 2024 | Sold | ||
Sold | |||
Mar 16, 2024 | In contract | - | |
In contract | |||
Mar 14, 2024 | Price Decreased |
$619,999
↓ $80K
(11.4%) | |
Price Decreased | |||
Jan 25, 2024 | Price Decreased |
$699,999
↓ $29K
(4%) | |
Price Decreased | |||
Dec 12, 2023 | Price Decreased |
$729,000
↓ $10K
(1.4%) | |
Price Decreased |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/02/2023
|
2 Bed
|
1 Bath
|
830 ft²
|
$739,000
2 Bed
1 Bath
830 ft²
|
$635,000
-14.07%
03/29/2024
|
-
|
Monique Van Blaricom
RLAH @properties
| |
01/13/2022
|
2 Bed
|
1 Bath
|
786 ft²
|
$644,800
2 Bed
1 Bath
786 ft²
|
-
-
|
-
|
Leah Fernandez
Compass
| |
04/10/2019
|
2 Bed
|
1 Bath
|
-
|
$580,000
2 Bed
1 Bath
|
-
-
|
-
|
-
| |
04/03/2019
|
2 Bed
|
1 Bath
|
735 ft²
|
$449,900
2 Bed
1 Bath
735 ft²
|
-
-
|
-
|
-
| |
04/03/2019
|
2 Bed
|
1 Bath
|
675 ft²
|
$519,000
2 Bed
1 Bath
675 ft²
|
$556,000
+7.13%
05/03/2019
|
James Gregory
|
Building Info
About Northwest Washington
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