707 OTIS PLACE NW

House in Park View
Off Market
 for Sale at 707 Otis Place Northwest, Washington, DC 20010

1

$900,000
3
Beds
1.5
Baths
1
Half Bath
1,862
Ft²
$483
$/ft²
0.05
Acres
Cap Rate
Est. Monthly
Cap Rate
4.37%
Est. Monthly
$4,888
The owner is planning get permit for 2 4-bedroom 3 bathroom units.

The manager has listed the unit size as 1862 square feet.

LISTING AGENT

Jianrong YinUnionPlus Realty, Inc.[email protected]

This listing is no longer active. View the new listing here.

Building Features

Exterior

Brick Exterior

Parking

On-Street Parking

Building Style

Colonial

Home Features

Rooms

Basement

HVAC

Forced Air

Price History

Date/EventEventPrice
Aug 26, 2021 Listed by UnionPlus Realty, Inc.Listed by UnionPlus Realty, Inc.$900,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$45,000
ExpensesPer Year
$5,628
Operating ProfitPer Year
$39,372
Cap rate
4.37%

Price Estimate

$1,050,000$915,893$781,787
20212022202320242025
Current Asking Price

$900,000

HopScore Market Price

$915,893

The current asking price is $15,893.48 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
Townhouse
3
1
1,906 ft²
$472/ft²
$900,000
$470.75/mo
Active
Townhouse
3
2
1,764 ft²
$445/ft²
$785,000
$400/mo
Active
Townhouse
3
2
1,552 ft²
$503/ft²
$780,000
$1,190.25/mo
Active
Condo
3
2.5
1,794 ft²
$501/ft²
$899,000
$618.17/mo
Active
Condo
3
3
1,808 ft²
$428/ft²
$773,000
$487/mo

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Building Info

707 Otis Place Northwest707 Otis Place Northwest, Washington, DC 20010
  • 1 Unit for Sale
More about this Building
707 Otis Place Northwest
Want to find out who owns 707 Otis Place Northwest, Washington, DC 20010? Get detailed property transactions here .

Neighborhood

About Park View

Stats & Trends

The median asking price in Park View is $699,900.
  • Median Asking

    $699,900
  • Sale Price/ft²

    $584.07
  • Below Asking

    0.01%
  • Days on Market

    36
This listing is no longer active. View the new listing here.

Sales History

UnitBedsBathsft²Asking
Common Charges
Listed
Listing Status
Closed
Days on Market
Closing
Above/Below Asking
Buyer(s)
3
2
-
$650,000
-/mo
May 3, 2021
Expired
-
-
-
-
-

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Frequently Asked Questions

What is the median home price in Northwest Washington?
The median home price in Northwest Washington is $745,000, or $656/sqft. When you buy a home in Northwest Washington, you can expect to pay between $449,800 to $1,249,900. These figures may differ depending on the location, type, and size of the property.
What is the median home price for a Studio in Northwest Washington?
The median home price for a studio in Northwest Washington is $242,498, or $581/sqft.
What is the median home price for a One-Bedroom in Northwest Washington?
The median home price for a one-bedroom home in Northwest Washington is $415,000, or $702/sqft.
What is the median home price for a Two-Bedroom in Northwest Washington?
The median home price for a two-bedroom home in Northwest Washington is $699,900, or $712/sqft.
What is the median home price for a Three-Bedroom in Northwest Washington?
The median home price for a three-bedroom home in Northwest Washington is $899,500, or $490/sqft.
What is the median home price for a Four+ Bedroom in Northwest Washington?
The median home price for a four+ bedroom home in Northwest Washington is $1,645,000, or $675/sqft.
What is the breakdown of listings by bedroom count in Northwest Washington?
There are currently 960 available properties for sale in Northwest Washington. Of those, 8.75% are studio listings, 23.44% are one-bedroom listings, 30.00% are two-bedroom listings, 16.04% are three-bedroom listings, and 21.77% are four+ bedroom listings.
What is the breakdown of listings by property type in Northwest Washington?
There are currently 660 condos, 121 houses, 170 townhouses, and 9 multifamilies located in Northwest Washington. Our inventory of available listings is constantly being updated so be sure to check back frequently.
What is the least expensive property sold in the past 12 months in Northwest Washington?
The least expensive property sold in Northwest Washington for $2,100.
Now, what is the most expensive property sold in the past 12 months in Northwest Washington?
The most expensive property sold in Northwest Washington for $19,500,000.
How long on average are properties in Northwest Washington on the market?
Based on our collected data, properties in Northwest Washington are on the market for a median time of 36 days.

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