Residential Income Property with Rooftop
For Sale
$899,999
1906 KALORAMA PLACE NW Unit 47, Washington, DC 20009
A three-level condominium includes two bedroom suites, several living areas, private outdoor space, and covered garage parking.
Property Size1,334 SF
Price / SF$674.66
Days on Market13
Property Features for 1906 KALORAMA PLACE NW Unit 47
General Information
Standard status
Active
Size
1,334 SF
Total Parking Spaces
1
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Neighborhood
Kalorama Triangle
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,378
Amenities
Rooftop Deck
gas fireplace
Building Details
Building Size
1,334 SF
Year Built
1997
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Oct 16
Changed: Oct 27
Last Checked: Oct 26 at 3:25PM
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
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Investment Insights
Based on property information with market context.
This three-level, townhouse-style condominium offers 1,334 square feet of interior space, with two bedroom suites and multiple living areas. The main floor includes a living room with a gas fireplace, a separate dining area, a kitchen, and a powder room. Hardwood flooring runs throughout. Each bedroom suite has a full bathroom and walk-in closet, while the second-floor living area can serve as an additional flexible-use room. A private rooftop deck adds outdoor space, and the covered attached garage accommodates one vehicle and provides storage. The home was built in 1997 and has a newer HVAC system and water heater; the roof was replaced approximately two to three years ago, and kitchen appliances were replaced within the past several years.
The residence is in a private community near Adams Morgan, Dupont Circle, and Woodley Park. Restaurants, cafes, shops, Metro, and outdoor spaces are described as within walking distance. The main-level living room has northern exposure and a tree-lined view; the rooftop deck faces south, and the top-floor suite has both northern and southern exposure.
The residence is in a private community near Adams Morgan, Dupont Circle, and Woodley Park. Restaurants, cafes, shops, Metro, and outdoor spaces are described as within walking distance. The main-level living room has northern exposure and a tree-lined view; the rooftop deck faces south, and the top-floor suite has both northern and southern exposure.
Key Highlights
- 1,334‑square‑foot, three‑level townhouse‑style condominium
- Two private bedroom suites, each with a full bathroom and walk‑in closet
- Private rooftop deck with southern exposure
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,959
Cap Rate
2.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$519,180
$519.2K
Cap Rate 7%
$370,843
$370.8K
Cap Rate 9%
$288,433
$288.4K
Market Conditions
NOI Build-Up for 1,334 SF
Gross rent
$50.1K $37.56/SF
− Vacancy
−$2.9K −$2.18/SF
EGI
$47.2K $35.38/SF
− OpEx
−$21.2K −$15.92/SF
NOI
$26.0K $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%
$519,180
Cap Rate 7%
$370,843
Cap Rate 9%
$288,433
Alternative Uses
Best Use
Apartment 5plus
$370.8K
$324.5K – $432.7K
NOI $25,959 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$686.2K
$600.4K – $800.5K
NOI $48,032 @ 7.0% cap · market cap 5.34%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,635
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 - A three-level condominium includes two bedroom suites, several living areas, private outdoor space, and covered garage parking.
Where is this residential income property located?
The property is located at 1906 KALORAMA PLACE NW Unit 47 Washington, DC.
What is the asking price?
The asking price for this property is $899,999.
What are key features of this property?
This property features: 1,334‑square‑foot, three‑level townhouse‑style condominium; Two private bedroom suites, each with a full bathroom and walk‑in closet; Private rooftop deck with southern exposure
