Furnished Studio
For Sale
$205,000
1816 NEW HAMPSHIRE AVENUE NW Unit 303, Washington, DC 20009
An open-plan unit pairs a compact kitchen with large windows that bring natural light into the living space.
Property Size344 SF
Price / SF$595.93
Days on Market70
Property Features for 1816 NEW HAMPSHIRE AVENUE NW Unit 303
General Information
Standard status
Active
Size
344 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Adams Morgan
Public Transit
Yes
Units
Unit Mix
1 x studio
Multifamily Units
1
Additional Details
Furnished
Yes
Taxes and HOA fees
Annual Taxes
$1,818
Building Details
Building Size
344 SF
Year Built
1965
Listing Agency:
Compass
Listed By:
Marcela M Zoccali
(301) 275-5978
Source:
Jackrealtygroup
Added: Aug 22
Changed: Oct 27
Last Checked: Oct 26 at 3:48PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 344-square-foot studio residence has an open layout, a kitchen, and large windows. The unit is fully furnished, and the building dates to 1965.
The property is at 1816 New Hampshire Avenue NW in Washington, DC, near Dupont Circle and the 14th Street corridor. Metro access, restaurants, coffee shops, fitness studios, bookstores, and nightlife are among the nearby amenities.
The property is at 1816 New Hampshire Avenue NW in Washington, DC, near Dupont Circle and the 14th Street corridor. Metro access, restaurants, coffee shops, fitness studios, bookstores, and nightlife are among the nearby amenities.
Key Highlights
- 344‑square‑foot studio residence
- Fully furnished unit with an open layout
- Large windows and a kitchen
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$6,694
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$133,880
$133.9K
Cap Rate 7%
$95,629
$95.6K
Cap Rate 9%
$74,378
$74.4K
Market Conditions
NOI Build-Up for 344 SF
Gross rent
$12.9K $37.56/SF
− Vacancy
−$749 −$2.18/SF
EGI
$12.2K $35.38/SF
− OpEx
−$5.5K −$15.92/SF
NOI
$6.7K $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%
$133,880
Cap Rate 7%
$95,629
Cap Rate 9%
$74,378
Alternative Uses
Best Use
Apartment 5plus
$95.6K
$83.7K – $111.6K
NOI $6,694 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$176.9K
$154.8K – $206.4K
NOI $12,386 @ 7.0% cap · market cap 6.04%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
10,381
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - An open-plan unit pairs a compact kitchen with large windows that bring natural light into the living space.
Where is this residential income property located?
The property is located at 1816 NEW HAMPSHIRE AVENUE NW Unit 303 Washington, DC.
What is the asking price?
The asking price for this property is $205,000.
What are key features of this property?
This property features: 344‑square‑foot studio residence; Fully furnished unit with an open layout; Large windows and a kitchen
