Off Market

Overview

$349,000

20% Min Down

442 M STREET NW #5

442 M Street Northwest, Washington, DC 20001

1 Bed | 1 Bath | 509 ft² | $686/ft² | 1.88% Cap Rate

Listed Sep 9th, 2021 (43 days)
Welcome to the Palermo in DC's Mount Vernon Square Historic District. Unit Five is a light-filled, one-bedroom, one-bathroom condominium in a beautifully renovated brownstone on historic M Street, NW. Lined with mature shade trees and brick sidewalks, M Street is graced with many late 19th and early 20th century homes and apartment buildings. The Palermo features low condo fees and is centrally located with a 96 Walking Score. Grocery stores (Safeway and Giant), Health clubs (Vida and Equinox), and many of DC's finest restaurants and shopping are within easy reach. In addition Metro's Green/Yellow Line at Mt. Vernon Square Station is two and a half blocks away. FEATURES AND AMENITIES: Video intercom, alarm system, and sprinkler system ● Bright corner unit provides an abundance of natural light ● Open floor plan ● 9'4" ceilings ● Freshly painted all-white interior ● New gas HVAC, A/C compressor, and water heater ● Humidifier and Ecobee thermostat ●Stackable washer/dryer ● New wide plank hardwood floors throughout ● Recessed and track lighting throughout ● Large en-suite bedroom ● Chef's kitchen boasts quartz countertops, stainless steel appliances, and gas cooktop ● New microwave oven and icemaker ● Pets allowed ● OFFERS DUE: Tuesday, September 14 at 5:00 p.m.

The manager has listed the unit size as 509 square feet.

Features & Amenities

Unit Amenities

  • Dishwasher
  • Dryer
  • Garbage Disposer
  • Ice Maker
  • Microwave
  • Oven - Gas
  • Refrigerator
  • Central A/C
  • Exterior: Brick
  • Exterior: Stone
  • Forced Air

Building Amenities

  • Dishwasher
  • Dryer
  • Garbage Disposer
  • Microwave
  • Oven - Gas
  • Refrigerator
  • Washer
  • Central A/C
  • Forced Air
  • On Street

Building Policies

    Learn more about 442 M Street Northwest, Washington, DC 20001

    Listed By

    Bob Williams

    Keller Williams Capital Properties

    2024498657

    History

    Date Event Price
    Oct 4, 2021 Off Market -
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    Property Analysis

    Price Estimate

    $352,490

    HopScore Market Price

    $349,000

    Current Asking Price

    +$3,490

    Difference from Asking

    Cap Rate Analysis

    Operating Profit

    $6,564
    /

    Purchase Price

    $349,000
    =

    Cap Rate

    1.88%
    **

    * Actual income may vary between $2,293 and $3,439 depending on unit-specific characteristics.

    ** 100% occupancy is assumed. Leverage (mortgage) is not considered.

    Comparables

    Units for sale near 442 M STREET NW

    Unit Br Ba ft² Closed Price
    Common Charges

    Units for rent near 442 M STREET NW

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    Common Charges

    Building Info

    Building at 442 M Street Northwest, Washington, DC 20001

    442 M Street Northwest

    442 M Street Northwest, Washington, DC 20001

    Built in 1900 | | 2 Stories

    Want to find out who owns 442 M Street Northwest, Washington, DC 20001? Get detailed property transactions here.

    Neighborhood

    Stats & Trends

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    Median Asking

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    Above Asking

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    Sale Price/ft²

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    Days on Market

    Schools

    School Type Grades Distance
    Walker-Jones Education Campus Elementary PK to 8 0.23 mi
    Macfarland Ms Middle School 6 to 8 2.69 mi
    Dunbar Hs High School 9 to 12 0.32 mi
    Ron Brown College Preparatory Hs Secondary School 9 to 11 4.59 mi
    School-Within-School at Goding Elementary PK to 5 1.44 mi
    Capitol Hill Montessori School at Logan Elementary PK to 8 0.96 mi
    Ballou Stay Hs High School 9 to 12 4.71 mi
    Excel Academy Elementary PK to 8 3.38 mi
    River Terrace Education Campus Other 3 to 12 3.25 mi
    Duke Ellington School of the Arts High School 9 to 12 2.87 mi
    Dorothy I. Height Es Elementary PK to 5 2.8 mi
    Roosevelt Stay Hs High School 9 to 12 2.67 mi
    Phelps Architecture Construction and Engineering Hs High School 9 to 12 2.49 mi
    School Without Walls Hs High School 9 to 12 1.7 mi
    Benjamin Banneker Hs High School 9 to 12 1.31 mi
    Washington Metropolitan Hs High School 8 to 12 1.05 mi
    Mckinley Technology Hs High School 9 to 12 1.01 mi
    Pre K Incentive Program M 0.86 mi
    Lashawn Dcps Non Public M 0.63 mi
    Residential Schools M 0.63 mi
    Tuition Grant Dcps Non Public M 0.63 mi
    Luke C. Moore Hs High School 9 to 12 2.31 mi
    School zoning information and other data are provided by RealtyHop Schools and 3rd party sources. The contents of the database are not guaranteed to be accurate or timely. Contact the schools or districts before making any decisions using on this data.

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    Recent Transactions at 442 M STREET NW

    Transaction history for 442 M Street Northwest

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    Building at 442 M Street Northwest, Washington, DC 20001

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