One-Bedroom Residential
For Sale
$599,999
1015 33RD STREET NW Unit 409, Washington, DC 20007
Georgetown residence with a private balcony, hardwood floors, central air, elevator access, and on-site rental parking.
Property Size1,018 SF
Price / SF$589.39
Days on Market82
Property Features for 1015 33RD STREET NW Unit 409
General Information
Standard status
Active
Size
1,018 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$5,036
Amenities
security system
concierge service
storage unit
washer/dryer
central air conditioning
private balcony
hardwood floors
on-site rental parking
Building Details
Building Size
1,018 SF
Year Built
1985
Listing Agency:
Compass
Listed By:
Mark E Rutstein · License #SP98358178
(202) 498-1198
Source:
Barnesrealestatecompany
Added: Jul 29
Changed: Oct 13
Last Checked: Oct 16 at 3:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
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Investment Insights
Based on property information with market context.
This one-bedroom condominium offers 1,018 square feet with 1.5 bathrooms and five distinct rooms. Hardwood flooring extends throughout the residence, while the kitchen includes a range and connects with the main living area. Large windows provide natural light, and a private balcony adds outdoor space. In-unit laundry and central air conditioning are also included.
The property is located at 1015 33rd Street NW, Unit 409, in Washington, DC. Building amenities include elevator access, a security system, concierge service, on-site rental parking, and a storage unit. Constructed in 1985, the residence is in the Georgetown area.
The property is located at 1015 33rd Street NW, Unit 409, in Washington, DC. Building amenities include elevator access, a security system, concierge service, on-site rental parking, and a storage unit. Constructed in 1985, the residence is in the Georgetown area.
Key Highlights
- 1,018‑square‑foot one‑bedroom condominium
- 1.5 bathrooms and five distinct rooms
- Private balcony and large windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,915
Cap Rate
2.82%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,300
$338.3K
Cap Rate 7%
$241,643
$241.6K
Cap Rate 9%
$187,944
$187.9K
Market Conditions
NOI Build-Up for 1,018 SF
Gross rent
$32.4K $31.80/SF
− Vacancy
−$1.6K −$1.59/SF
EGI
$30.8K $30.21/SF
− OpEx
−$13.8K −$13.59/SF
NOI
$16.9K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$338,300
Cap Rate 7%
$241,643
Cap Rate 9%
$187,944
Alternative Uses
Best Use
Apartment 5plus
$241.6K
$211.4K – $281.9K
NOI $16,915 @ 7.0% cap · market cap 2.82%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$523.6K
$458.2K – $610.9K
NOI $36,654 @ 7.0% cap · market cap 6.11%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,478
Businesses Nearby
Explore this area
Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Georgetown residence with a private balcony, hardwood floors, central air, elevator access, and on-site rental parking.
Where is this residential income property located?
The property is located at 1015 33RD STREET NW Unit 409 Washington, DC.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: 1,018‑square‑foot one‑bedroom condominium; 1.5 bathrooms and five distinct rooms; Private balcony and large windows
