Lexicon in Washington

Name: Sales in Lexicon started!
Start: 2020-09-09T07:58:17.157019+00:00
End: 2023-12-31T23:59:59+0000
Location: Lexicon

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Property for sale in Lexicon — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9155

Finished at	September 2018
Price, m²	From 7270$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 60.00 m²
Floors	9
Apartments	182
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Fitness Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Union Station 3 min NoMa – Gallaudet U 4 min Capitol/South 6 min Capitol South 6 min Navy Yard 9 min Federal Center SW 11 min Federal/Center SW 11 min Fort Totten 11 min Judiciary Square 11 min Rhode Island 12 min Waterfront 14 min Eastern Market 14 min Brookland–CUA 15 min Mount Vernon Square 16 min Mount Vernon/Square 16 min Shaw – Howard/University 16 min Shaw – Howard University 16 min L'Enfant Plaza 16 min L'Enfant/Plaza 16 min Gallery/Place 17 min Gallery Place 17 min Archives 17 min Anacostia 18 min Georgia Avenue/Petworth 19 min Georgia Avenue – Petworth 19 min Takoma 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

436,200$

Net profit

7,229$

Payback period

45.9 years

Avg property value increase per year

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About the project

Welcome to your own world-class address surrounded by the city’s best and brightest highlights, with state-of-the-art amenities and easy access to anywhere you want to go. Nothing was lost in translation when designing this new standard of NoMa excellence.

It doesn’t matter where you come from or how you say it; there’s no mistaking Washington, D.C. Whether you call it The District, The Nation’s Capital, Cap City or any other name, you’ll love calling it “home” when you own at The Lexicon Condominium.