Shotgun House in Washington

Name: Sales in Shotgun House started!
Start: 2020-09-10T07:00:18.939240+00:00
End: 2023-12-31T23:59:59+0000
Location: Shotgun House

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

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Project info

Object ID: 9178

Finished at	July 2019
Price, m²	From 5400$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 230.00 m²
Floors	3
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Eastern Market 5 min Potomac Avenue 6 min Anacostia 7 min Congress Heights 10 min Rhode Island 11 min Brookland–CUA 13 min Stadium–Armory 15 min NoMa – Gallaudet U 15 min Navy Yard 15 min Capitol South 16 min Capitol/South 16 min Union Station 18 min Southern Avenue 19 min Fort Totten 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

1,242,000$

Net profit

9,376$

Payback period

105.7 years

Avg property value increase per year

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About the project

Shotgun House features two carefully crafted and luxuriously detailed residences with 2,400+ sq ft of oversized living space featuring 3 bedroom plus den layouts, 3 full baths, large master suites, Chef kitchens, private outdoor spaces and parking.