Residential Income Property with
New
For Sale
$595,000
1930 NEW HAMPSHIRE AVENUE NW Unit 4, Washington, DC 20009
The condominium unit combines an updated kitchen, in-unit laundry, and private outdoor space.
Property Size878 SF
Price / SF$677.68
Days on Market7
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Property Features for 1930 NEW HAMPSHIRE AVENUE NW Unit 4
General Information
Standard status
Active
Size
878 SF
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,019
Amenities
hardwood floors
in-unit washer/dryer
updated kitchen
updated baths
private patio/terrace
built-in bookcases
Building Details
Building Size
878 SF
Year Built
1915
Listing Agency:
Compass
Listed By:
Thomas S Buerger · License #SP98358924
(202) 255-2844
Source:
Kerishull
Added: Oct 9
Changed: Oct 14
Last Checked: Oct 15 at 7:44AM
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
Investment Insights
Based on property information with market context.
Unit 4 is a two-bedroom, two-bathroom condominium in a building constructed in 1915. The residence has hardwood flooring, a dining area, and a living room with built-in bookcases. Its kitchen and bathrooms have been updated; the kitchen includes quartz countertops and stainless steel appliances. A washer and dryer are located inside the unit.
The private patio provides outdoor space, and the unit also has its own entrance from the terrace. The property is on New Hampshire Avenue NW, between T and U Streets. U Street Metro is 3.5 blocks away, and the 16th Street bus line is half a block away. The listing also identifies Adams Morgan, U Street, Dupont, and 14th Street restaurants as nearby destinations.
The private patio provides outdoor space, and the unit also has its own entrance from the terrace. The property is on New Hampshire Avenue NW, between T and U Streets. U Street Metro is 3.5 blocks away, and the 16th Street bus line is half a block away. The listing also identifies Adams Morgan, U Street, Dupont, and 14th Street restaurants as nearby destinations.
Key Highlights
- Two bedrooms and two bathrooms
- Private patio with a separate entrance to the unit
- Updated kitchen with quartz countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,086
Cap Rate
2.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,720
$341.7K
Cap Rate 7%
$244,086
$244.1K
Cap Rate 9%
$189,844
$189.8K
Market Conditions
NOI Build-Up for 878 SF
Gross rent
$33.0K $37.56/SF
− Vacancy
−$1.9K −$2.18/SF
EGI
$31.1K $35.38/SF
− OpEx
−$14.0K −$15.92/SF
NOI
$17.1K $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%
$341,720
Cap Rate 7%
$244,086
Cap Rate 9%
$189,844
Alternative Uses
Best Use
Apartment 5plus
$244.1K
$213.6K – $284.8K
NOI $17,086 @ 7.0% cap · market cap 2.87%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$451.6K
$395.2K – $526.9K
NOI $31,613 @ 7.0% cap · market cap 5.31%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
7,652
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
Frequently Asked Questions
What type of property is this?
Residential income property - The condominium unit combines an updated kitchen, in-unit laundry, and private outdoor space.
Where is this residential income property located?
The property is located at 1930 NEW HAMPSHIRE AVENUE NW Unit 4 Washington, DC.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Two bedrooms and two bathrooms; Private patio with a separate entrance to the unit; Updated kitchen with quartz countertops and stainless steel appliances
