Two-Bedroom Residential
For Sale
$585,000
1840 BILTMORE STREET NW Unit 21, Washington, DC 20009
Shared building amenities include basement laundry, dedicated storage, a bike room, and a front patio.
Property Size1,256 SF
Days on Market9
Property Features for 1840 BILTMORE STREET NW Unit 21
General Information
Standard status
Active
Size
1,256 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Kalorama Triangle
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Additional Details
HOA Fee
$1,047
Taxes and HOA fees
Annual Taxes
$39,009
Amenities
free laundry
dedicated storage
bike room
resource room
front patio
Building Details
Building Size
1,256 SF
Year Built
1913
Listing Agency:
Compass
Listed By:
Jocelyn Lederman · License #SP98375759
(845) 987-0999
Source:
Barnesrealestatecompany
Added: Oct 23
Changed: Oct 29
Last Checked: Oct 28 at 4:26PM
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 two-bedroom residence has one oversized bathroom with a double vanity, enclosed shower, and separate soaking tub. Both bedrooms include dedicated closet space. The kitchen connects to the living and dining areas, and the kitchen and living space receive southern exposure. The unit is in the Haddington, a 1913 building with basement laundry, dedicated storage, a bike room, a resource room, and a front patio. Pets are permitted. Installation of mini-split air conditioning or an in-unit washer and dryer requires Board approval.
The property is near dining and grocery options in Washington, DC, and is approximately half a mile from the Woodley Park Red Line station.
The property is near dining and grocery options in Washington, DC, and is approximately half a mile from the Woodley Park Red Line station.
Key Highlights
- Two bedrooms, each with dedicated closet space
- Bathroom includes a double vanity, enclosed shower, and separate tub
- Southern exposure in the kitchen and living area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,442
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$488,840
$488.8K
Cap Rate 7%
$349,171
$349.2K
Cap Rate 9%
$271,578
$271.6K
Market Conditions
NOI Build-Up for 1,256 SF
Gross rent
$47.2K $37.56/SF
− Vacancy
−$2.7K −$2.18/SF
EGI
$44.4K $35.38/SF
− OpEx
−$20.0K −$15.92/SF
NOI
$24.4K $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%
$488,840
Cap Rate 7%
$349,171
Cap Rate 9%
$271,578
Alternative Uses
Best Use
Apartment 5plus
$349.2K
$305.5K – $407.4K
NOI $24,442 @ 7.0% cap · market cap 4.18%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$646.0K
$565.3K – $753.7K
NOI $45,223 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,060
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Shared building amenities include basement laundry, dedicated storage, a bike room, and a front patio.
Where is this residential income property located?
The property is located at 1840 BILTMORE STREET NW Unit 21 Washington, DC.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: Two bedrooms, each with dedicated closet space; Bathroom includes a double vanity, enclosed shower, and separate tub; Southern exposure in the kitchen and living area
