Top-Floor Residential Income
New
For Sale
$845,000
3819 14TH STREET NW Unit 4, Washington, DC 20011
Two-level residence with private outdoor space, dedicated parking, and a modern kitchen with premium Bosch appliances.
Property Size2,083 SF
Days on Market5
Property Features for 3819 14TH STREET NW Unit 4
General Information
Standard status
Active
Size
2,083 SF
Property subtype
Penthouse Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$6,846
Building Details
Building Size
2,083 SF
Year Built
2019
Listing Agency:
Compass
Listed By:
Seth S Turner · License #sp215088
(202) 253-2913
Source:
Barnesrealestatecompany
Added: Sep 10
Changed: Sep 11
Last Checked: Sep 14 at 7:33AM
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.
This top-floor residential income property is arranged across two levels and measures an estimated 2,083 square feet. The home includes three bedrooms, two full bathrooms, a powder room, and two private roof decks. Floor-to-ceiling windows bring natural light into the living room, while the open kitchen features Bosch appliances, Shaker-style cabinetry, and a quartz waterfall island. The main level also includes two bedrooms and a full bathroom with dual vanities.
Upstairs, the primary suite offers an en suite bathroom with dual vanities, a luxury shower, and a large walk-in closet with custom organization. A separate family room opens to a west-facing rooftop terrace with treetop views. Parking is separately deeded. The property is located near Safeway, Yes! Organic Market, restaurants, and accessible transportation in Washington, DC.
Upstairs, the primary suite offers an en suite bathroom with dual vanities, a luxury shower, and a large walk-in closet with custom organization. A separate family room opens to a west-facing rooftop terrace with treetop views. Parking is separately deeded. The property is located near Safeway, Yes! Organic Market, restaurants, and accessible transportation in Washington, DC.
Key Highlights
- Estimated 2,083 sq. ft. across two levels
- Three bedrooms, 2.5 baths, and two private roof decks
- Floor‑to‑ceiling windows in the living room
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$33,153
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$663,060
$663.1K
Cap Rate 7%
$473,614
$473.6K
Cap Rate 9%
$368,367
$368.4K
Market Conditions
NOI Build-Up for 2,083 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$64.0K $30.72/SF
− Vacancy
−$3.7K −$1.78/SF
EGI
$60.3K $28.94/SF
− OpEx
−$27.1K −$13.02/SF
NOI
$33.2K $15.92/SF
Area
ZIP 20011
Vacancy
5.80%
Lease Rate
$30.72 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$663,060
Cap Rate 7%
$473,614
Cap Rate 9%
$368,367
Alternative Uses
Best Use
Apartment 5plus
$473.6K
$414.4K – $552.6K
NOI $33,153 @ 7.0% cap · market cap 3.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.08M
$941.0K – $1.25M
NOI $75,282 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,549
Businesses Nearby
Explore this area
Business Placement
Demographics for 20011, DC
67,815
Population
29,658
Households
2.3
Avg Household Size
37
Median Age
55%
College-Educated
90%
High-School Grad
5.4 sq mi
ZIP Area
12,558
Density / Sq Mi
$108,377
Median Household Income
$69,147
Median Earnings
$1,636
Median Rent
$722,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Two-level residence with private outdoor space, dedicated parking, and a modern kitchen with premium Bosch appliances.
Where is this residential income property located?
The property is located at 3819 14TH STREET NW Unit 4 Washington, DC.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Estimated 2,083 sq. ft. across two levels; Three bedrooms, 2.5 baths, and two private roof decks; Floor‑to‑ceiling windows in the living room
