Residential Unit with Private
For Sale
$349,000
1401 COLUMBIA ROAD NW Unit 307, Washington, DC 20009
The top-level one-bedroom home includes in-unit laundry and a separate outdoor space.
Property Size524 SF
Price / SF$666.03
Days on Market134
Property Features for 1401 COLUMBIA ROAD NW Unit 307
General Information
Standard status
Active
Size
524 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Columbia Heights
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$339,130
Amenities
private balcony
washer/dryer in unit
Building Details
Building Size
524 SF
Year Built
1913
Listing Agency:
EXP Realty, LLC
Listed By:
Lisa E Jeffery · License #SP40001843
(301) 542-5168
Source:
Canopy-re
Added: Jun 19
Changed: Oct 28
Last Checked: Oct 26 at 1:05PM
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 EXP Realty, LLC
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Investment Insights
Based on property information with market context.
This 569-square-foot, top-floor residence has one bedroom and one bathroom, with an east-facing orientation. Hardwood flooring runs through the living area, while the bedroom has carpet. A private balcony, in-unit washer and dryer, and closets in the bedroom and bathroom round out the unit. The building dates to 1913.
Columbia Heights Metro is about one block away, with shopping, grocery stores, and fitness options within two blocks. Subway and bus service are nearby.
Columbia Heights Metro is about one block away, with shopping, grocery stores, and fitness options within two blocks. Subway and bus service are nearby.
Key Highlights
- Top‑floor, 569‑square‑foot residence with 1 bedroom and 1 bathroom
- Private balcony and east‑facing orientation
- In‑unit washer and dryer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,197
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,940
$203.9K
Cap Rate 7%
$145,671
$145.7K
Cap Rate 9%
$113,300
$113.3K
Market Conditions
NOI Build-Up for 524 SF
Gross rent
$19.7K $37.56/SF
− Vacancy
−$1.1K −$2.18/SF
EGI
$18.5K $35.38/SF
− OpEx
−$8.3K −$15.92/SF
NOI
$10.2K $19.46/SF
Area
ZIP 20009
Vacancy
5.80%
Lease Rate
$37.56 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$203,940
Cap Rate 7%
$145,671
Cap Rate 9%
$113,300
Alternative Uses
Best Use
Apartment 5plus
$145.7K
$127.5K – $170.0K
NOI $10,197 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$269.5K
$235.8K – $314.5K
NOI $18,867 @ 7.0% cap · market cap 5.41%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
3,770
Businesses Nearby
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Business Placement
Demographics for 20009, DC
53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The top-level one-bedroom home includes in-unit laundry and a separate outdoor space.
Where is this residential income property located?
The property is located at 1401 COLUMBIA ROAD NW Unit 307 Washington, DC.
What is the asking price?
The asking price for this property is $349,000.
What are key features of this property?
This property features: Top‑floor, 569‑square‑foot residence with 1 bedroom and 1 bathroom; Private balcony and east‑facing orientation; In‑unit washer and dryer
