801N in Washington

Name: Sales in 801N started!
Start: 2020-09-08T07:48:47.181096+00:00
End: 2023-12-31T23:59:59+0000
Location: 801N

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Project info

Object ID: 9129

Finished at	December 2019
Price, m²	From 10180$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 55.00 m²
Floors	4
Apartments	28
Condition	Turnkey
Construction type	Monolyth
Security	Reception
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Mount Vernon Square 1 min Mount Vernon/Square 1 min Shaw – Howard University 1 min Shaw – Howard/University 1 min Gallery Place 2 min Gallery/Place 2 min Archives 3 min L'Enfant Plaza 5 min L'Enfant/Plaza 5 min Metro Center 5 min Federal Triangle 6 min U Street 6 min Judiciary Square 6 min Smithsonian 7 min Georgia Avenue – Petworth 7 min Georgia Avenue/Petworth 7 min Waterfront 9 min Federal/Center SW 10 min Federal Center SW 10 min Columbia Heights 11 min Columbia 11 min McPherson/Square 12 min McPherson Square 12 min Farragut/West 18 min Takoma 18 min Union Station 18 min Capitol South 20 min Capitol/South 20 min Farragut West 20 min
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

559,900$

Net profit

7,229$

Payback period

59.0 years

Avg property value increase per year

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Promos and discounts for 801N

About the project

Perfectly positioned on a quiet street, 801N is a collection of 28 elevated condominiums with well-appointed details all centered in the thriving Shaw neighborhood – putting you in close proximity to life’s amenities, including Michelin star restaurants, neighborhood coffee shops, open-air eateries, and popular night spots.