$168,170
●
House -
Off Market
5312 JAMES PL NE
WASHINGTON, DC 20019
3 Beds
1 Bath
682 Ft²
$169,099
RealtyHop Estimate
-0.47%
Since Aug 1, 2023
DC-Washington
Primary Model
About This Property
OPPORTUNITY – SELLER LIQUIDATING: Attention all investors /
Flippers / First time home buyers: Instant Equity!!
Renovation needed to maximize value. SUBJECT TO EXISTING LEASE
Adorable bungalow on one of the most charming blocks in Deanwood. 2 Bedrooms and 1 full bath on large lot with off street parking. Hardwood Floors throughout. Situated on a nice sized lot. Perfect for possible expansion. Selling AS IS – HOME IS occupied with an elderly tenant. -- DO NOT DISTURB. NO ACCESS – Home needs renovation.
You have a blank canvas for your new ideas. Build a second level on top or create an addition in the large rear to maximize value. Don't miss out on this fantastic opportunity to make this property your own. Conveniently located DINING, COSTCO, LOWES, GROCERY AND PARKS. Minnesota Avenue and Benning Road metro stops and near Fort Mahan Park. Easy access to 295, 495 and downtown DC. Don't miss this opportunity!
CALL LISTING AGENT WITH OFFERS AND QUESTIONS. COMP SOLD THIS MONTH 2 DOORS DOWN FOR $375,000 5324 JAMES PLACE NE WASH DC
Present your best offer, seller is ready to make a deal. AS IS! $169,900 Seller strongly prefers settlement with Closing Day Settlements.
Adorable bungalow on one of the most charming blocks in Deanwood. 2 Bedrooms and 1 full bath on large lot with off street parking. Hardwood Floors throughout. Situated on a nice sized lot. Perfect for possible expansion. Selling AS IS – HOME IS occupied with an elderly tenant. -- DO NOT DISTURB. NO ACCESS – Home needs renovation.
You have a blank canvas for your new ideas. Build a second level on top or create an addition in the large rear to maximize value. Don't miss out on this fantastic opportunity to make this property your own. Conveniently located DINING, COSTCO, LOWES, GROCERY AND PARKS. Minnesota Avenue and Benning Road metro stops and near Fort Mahan Park. Easy access to 295, 495 and downtown DC. Don't miss this opportunity!
CALL LISTING AGENT WITH OFFERS AND QUESTIONS. COMP SOLD THIS MONTH 2 DOORS DOWN FOR $375,000 5324 JAMES PLACE NE WASH DC
Present your best offer, seller is ready to make a deal. AS IS! $169,900 Seller strongly prefers settlement with Closing Day Settlements.
Unit Size
682 Ft²
Days on Market
-
Land Size
0.09 acres
Price per sqft
$249
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
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Cap Rate
100% Occupancy
N/A (extreme outlier) 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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 years ago (Bright MLS #DCDC2095582)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 26, 2023 | Sold | ||
| Sold | |||
| May 16, 2023 | In contract | - | |
| In contract | |||
| May 10, 2023 | Listed by CENTURY 21 New Millennium | $169,900 | |
| Listed by CENTURY 21 New Millennium | |||
| Oct 4, 2021 | No longer available | - | |
| No longer available | |||
| Aug 13, 2021 | Listed by CENTURY 21 New Millennium | $345,000 | |
| Listed by CENTURY 21 New Millennium | |||
| | |||
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ONLINE AUCTION PORTFOLIO SALE: Please see DOCUMENTS tab for additional information. This is truly an investor's dream. Detached home with lots of potential! Incredible location. Located next to the Enclave at Deanwood community, Walk to the metro (orange line)! Home includes 2-beds, 1-baths, over 1500 finished square feet and tons of parking. Enjoy a BBQ in the expansive backyard. Relax on the front porch. Long term tenant in place. IMPORTANT: This property is part of a portfolio of residential properties being sold at an online auction. Access may not be available. Please see showing instructions for details. The List Price is for MLS purposes only. Bid your own price on this portfolio. The manager has listed the unit size as 682 square feet.
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Baths
ft²
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HOA + Taxes
About Northeast Washington
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Listed by: Joseph Okon
CENTURY 21 New Millennium
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# DCDC2095582
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
CENTURY 21 New Millennium
Last Updated: 4 hours ago
Data Source: Bright MLS , MLS# DCDC2095582
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