2 months on rocket

1942 Capitol Ave NE, Washington, DC, 20002

$749,900

Home List Price

$8,905*

Closing Credit

0 Baths
2,182 SqFt
$344/SqFt
Multi

Location

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1942 Capitol Ave NE, Washington$749,900

Buyer Closing Credits

$8,905*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1943
HeatingRadiant
CoolingNone
MLS #DCDC2163506
Lot Size0.08 Acres
StatusActive
(ACTIVE)

About 1942 Capitol Ave NE

1942 Capitol Ave NE, situated in the vibrant Ivy City neighborhood of Washington, DC. This quadruplex presents an exceptional investment opportunity! Each of the four units features 1 bedroom and 1 bathroom. Currently, units 1 and 3 are occupied, providing immediate rental income. On the other hand, units 2 and 4 offer the flexibility to customize according to your preferences and generate additional rental income. The TOPA requirements have been taken care of. You will appreciate the convenience of owning a property within walking distance to various markets, coffee shops, gyms, bars, and just minutes away from Union Market! Don't let this rare opportunity to invest in the thriving Ivy City neighborhood slip away. Schedule your viewing appointment today!

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1943
  • Living Area: 2,182 SqFt

Listing Office:

  • Office Name: Fairfax Realty Select
  • Office Phone: (703) 533-8660
  • Listing Agent: Luwam Bokure

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.08 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Corner of Fenwick St and Capitol Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $749,900
  • Price Per SqFt: $344/SqFt

Tax Information:

  • Annual Amount: $4,100
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

Med. Sold Price

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

1942 Capitol Ave NE vs Washington

69 DAYS ON ROCKET

+26 Days

$749,900

+$73.8K More

$344/SqFt

-$167 Less

KEY TAKEAWAY

This property is $73.8K more than the Median Sold Price and $167/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2163506

Listing Office:

  • Office Name: Fairfax Realty Select
  • Office Phone: (703) 533-8660
  • Listing Agent: Luwam Bokure

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 8:21:00 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 02, 2013Home Sold
$290,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,100$482,330
2019$3,710$436,490
2018$3,419$402,210
2017$3,044$358,120

History based on county public records data.

Payment Calculator

$3,810

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,315

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4448310
6
/10
  • Kipp Dc - Spring Academy Public Charter School

  • 1375 Mount Olivet Rd NE

  • 0.40 miles

  • Public Charter Grades 1-4

school-card-donut-4448311
7
/10
  • Langdon Education Campus

  • 1900 Evarts St NE

  • 0.91 miles

  • Public District Grades EE-5

school-card-donut-4448312
3
/10
  • Noyes Education Campus

  • 2725 10th St NE

  • 0.94 miles

  • Public District Grades EE-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $38,032. The majority of Washington, DC residents have income less than $35k annually. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket Homes›District of Columbia›Washington›20002›1942 Capitol Ave NE

This home is located at 1942 Capitol Ave NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 2,182 square foot home, which was built in 1943, sits on a 0.08 acre lot. It has been listed on Rocket Homes since October 09, 2024 and is currently priced at $749,900.

In November 2024 more than 85 listings in Washington, DC were sold above the asking price. During the same period more than 83 listings were sold at asking price, while more than 219 were sold below. The number of listings in Washington, DC increased by 4.8% between October 2024 and November 2024. Listings spent 43 days on the market in November 2024, and had a median list price of $676,027 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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