Residential Income Property with
For Sale
$455,000
2032 BELMONT ROAD NW Unit 405, Washington, DC 20009
A one-bedroom residence pairs a bright sunroom with generous storage and shared building services.
Property Size838 SF
Price / SF$542.96
Days on Market56
Property Features for 2032 BELMONT ROAD NW Unit 405
General Information
Standard status
Active
Size
838 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Kalorama Triangle
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,764
Amenities
front desk concierge
secure package room
bicycle storage
laundry facilities
Building Details
Building Size
838 SF
Year Built
1928
Construction
Art Deco
Listing Agency:
Redfin Corp
Listed By:
Paul W Johnson · License #SP40000707
(240) 202-9809
Source:
Jackrealtygroup
Added: Sep 5
Changed: Oct 27
Last Checked: Oct 26 at 3:58PM
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 Redfin Corp
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Investment Insights
Based on property information with market context.
This 838-square-foot residence has one bedroom, one bathroom, and a windowed sunroom that adds flexible interior space. Oversized closets include a walk-in storage closet. The home is part of Valley Vista, a 1928 Art Deco building with front-desk concierge service, a secure package room, bicycle storage, and large laundry facilities.
Rock Creek Park trails, Kalorama Park, and the Woodley Park-Zoo/Adams Morgan Metro station on the Red Line are nearby. Grocery options include Yes! Organic Market, Harris Teeter, Safeway, and CVS. The surrounding area also includes Tatte Bakery & Cafe, Pitango Gelato, and Soleluna.
Rock Creek Park trails, Kalorama Park, and the Woodley Park-Zoo/Adams Morgan Metro station on the Red Line are nearby. Grocery options include Yes! Organic Market, Harris Teeter, Safeway, and CVS. The surrounding area also includes Tatte Bakery & Cafe, Pitango Gelato, and Soleluna.
Key Highlights
- 838‑square‑foot residence with one bedroom and one bathroom
- Sunroom adds a separate, windowed living area
- Walk‑in storage closet and multiple oversized closets
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,307
Cap Rate
3.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$326,140
$326.1K
Cap Rate 7%
$232,957
$233.0K
Cap Rate 9%
$181,189
$181.2K
Market Conditions
NOI Build-Up for 838 SF
Gross rent
$31.5K $37.56/SF
− Vacancy
−$1.8K −$2.18/SF
EGI
$29.6K $35.38/SF
− OpEx
−$13.3K −$15.92/SF
NOI
$16.3K $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%
$326,140
Cap Rate 7%
$232,957
Cap Rate 9%
$181,189
Alternative Uses
Best Use
Apartment 5plus
$233.0K
$203.8K – $271.8K
NOI $16,307 @ 7.0% cap · market cap 3.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$431.0K
$377.2K – $502.9K
NOI $30,173 @ 7.0% cap · market cap 6.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,413
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 - A one-bedroom residence pairs a bright sunroom with generous storage and shared building services.
Where is this residential income property located?
The property is located at 2032 BELMONT ROAD NW Unit 405 Washington, DC.
What is the asking price?
The asking price for this property is $455,000.
What are key features of this property?
This property features: 838‑square‑foot residence with one bedroom and one bathroom; Sunroom adds a separate, windowed living area; Walk‑in storage closet and multiple oversized closets
