Two-Bedroom Condo
For Sale
$382,500
1495 NEWTON STREET NW Unit 404, Washington, DC 20010
Updated residence with in-unit laundry, a wood-burning fireplace, and a furnished option.
Property Size702 SF
Price / SF$544.87
Days on Market64
Property Features for 1495 NEWTON STREET NW Unit 404
General Information
Standard status
Active
Size
702 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Columbia Heights
Public Transit
Yes
Additional Details
Furnished
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,942
Building Details
Building Size
702 SF
Year Built
1910
Listing Agency:
Pearson Smith Realty, LLC
Listed By:
Haythem Hedda · License #0225235021
(202) 213-6532
Source:
Canopy-re
Added: Aug 28
Changed: Oct 26
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 Pearson Smith Realty, LLC
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Investment Insights
Based on property information with market context.
This 702-square-foot, two-bedroom condo occupies the top floor of a building constructed in 1910. Interior features include refinished hardwood floors, an open kitchen with quartz countertops and stainless steel appliances, and a wood-burning fireplace. The full bathroom has been renovated, and the unit includes a washer and dryer. Furnishings are available with the residence.
The property is in Washington, DC’s Columbia Heights area, a few blocks from the Columbia Heights Metro station. Shopping, dining, fitness facilities, and everyday services are available in the surrounding area.
The property is in Washington, DC’s Columbia Heights area, a few blocks from the Columbia Heights Metro station. Shopping, dining, fitness facilities, and everyday services are available in the surrounding area.
Key Highlights
- 702‑square‑foot, two‑bedroom top‑floor condo
- Building constructed in 1910
- Open kitchen with quartz countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,664
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$233,280
$233.3K
Cap Rate 7%
$166,629
$166.6K
Cap Rate 9%
$129,600
$129.6K
Market Conditions
NOI Build-Up for 702 SF
Gross rent
$22.3K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$21.2K $30.21/SF
− OpEx
−$9.5K −$13.59/SF
NOI
$11.7K $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%
$233,280
Cap Rate 7%
$166,629
Cap Rate 9%
$129,600
Alternative Uses
Best Use
Apartment 5plus
$166.6K
$145.8K – $194.4K
NOI $11,664 @ 7.0% cap · market cap 3.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$361.1K
$316.0K – $421.3K
NOI $25,276 @ 7.0% cap · market cap 6.61%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,952
Businesses Nearby
Explore this area
Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated residence with in-unit laundry, a wood-burning fireplace, and a furnished option.
Where is this residential income property located?
The property is located at 1495 NEWTON STREET NW Unit 404 Washington, DC.
What is the asking price?
The asking price for this property is $382,500.
What are key features of this property?
This property features: 702‑square‑foot, two‑bedroom top‑floor condo; Building constructed in 1910; Open kitchen with quartz countertops and stainless steel appliances
