Residential Income Property with Deeded
For Sale
$330,000
3656 NEW HAMPSHIRE AVENUE NW Unit 3, Washington, DC 20010
The condominium includes a granite-counter kitchen, an in-unit washer-dryer, and access to shared green space.
Property Size596 SF
Price / SF$553.69
Days on Market143
Property Features for 3656 NEW HAMPSHIRE AVENUE NW Unit 3
General Information
Standard status
Active
Size
596 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Park View
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,251
Amenities
hardwood floors
breakfast bar
granite counters
stainless steel appliances
in-unit washer/dryer
walk-in closet
jetted tub
common green space
Building Details
Building Size
596 SF
Year Built
1964
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jun 10
Changed: Oct 27
Last Checked: Oct 26 at 3:55PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This condominium unit has an open living and dining area, one bedroom with a walk-in closet, and one bathroom with a jetted tub. The kitchen features granite counters, stainless steel appliances, and a breakfast bar. Hardwood flooring and an in-unit all-in-one washer-dryer are also included, along with separately deeded parking and access to common green space.
Safeway and Yes! Organic Market are a few blocks away, and Petworth Metro station is two blocks from the unit. Public transportation options are also available nearby.
Safeway and Yes! Organic Market are a few blocks away, and Petworth Metro station is two blocks from the unit. Public transportation options are also available nearby.
Key Highlights
- Separately deeded parking is included
- One bedroom and one bathroom
- Kitchen with granite counters, stainless steel appliances, and breakfast bar
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,903
Cap Rate
3.00%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,060
$198.1K
Cap Rate 7%
$141,471
$141.5K
Cap Rate 9%
$110,033
$110.0K
Market Conditions
NOI Build-Up for 596 SF
Gross rent
$19.0K $31.80/SF
− Vacancy
−$948 −$1.59/SF
EGI
$18.0K $30.21/SF
− OpEx
−$8.1K −$13.59/SF
NOI
$9.9K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$198,060
Cap Rate 7%
$141,471
Cap Rate 9%
$110,033
Alternative Uses
Best Use
Apartment 5plus
$141.5K
$123.8K – $165.1K
NOI $9,903 @ 7.0% cap · market cap 3.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$306.6K
$268.2K – $357.7K
NOI $21,459 @ 7.0% cap · market cap 6.50%
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
3,917
Businesses Nearby
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Business Placement
Demographics for 20010, DC
32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The condominium includes a granite-counter kitchen, an in-unit washer-dryer, and access to shared green space.
Where is this residential income property located?
The property is located at 3656 NEW HAMPSHIRE AVENUE NW Unit 3 Washington, DC.
What is the asking price?
The asking price for this property is $330,000.
What are key features of this property?
This property features: Separately deeded parking is included; One bedroom and one bathroom; Kitchen with granite counters, stainless steel appliances, and breakfast bar
