Rent report generated Mar 10, 2025
The Rent Potential of
777 7th St NW Apt 720 Washington, DC
is $1,300 – $1,925/mo.
Rent Advice
This 756 sqft 1-bed/1-bath condo in Washington DC's Northwest neighborhood has strong rental potential. Based on comp data, estimated monthly rent ranges from $1,300-$1,925. The prime location near Chinatown and Gallery Place offers excellent walkability and access to amenities. The building's amenities like washer/dryer and dishwasher add value. However, the high HOA fee of $738/month may impact overall returns.
For the current owner, consider minor upgrades to command higher rent, such as refreshing paint/flooring or adding smart home features. If selling, highlight the prime location and building amenities to attract investors. For potential buyers, analyze the impact of HOA fees on cash flow. Consider negotiating purchase price to ensure positive cash flow at projected rent levels.
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The accuracy of the Frontflip report and its applicability to your circumstances are not guaranteed. This calculator is offered for educational purposes only, and is not a substitute for professional advice. All figures provided by the Frontflip calculator are estimates only and are not reflective of what your actual results may be.