Residential Income
For Sale
$267,500
3819 DAVIS PLACE NW Unit 4, Washington, DC 20007
This updated, pet-friendly home includes in-unit laundry and a wood-burning fireplace.
Property Size533 SF
Price / SF$501.88
Days on Market38
Property Features for 3819 DAVIS PLACE NW Unit 4
General Information
Standard status
Active
Size
533 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Glover Park
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$650
Amenities
laundry in-unit
wood burning fireplace
walking paths
Building Details
Building Size
533 SF
Year Built
1954
Construction
garden-style
Listing Agency:
Washington Fine Properties, LLC
Listed By:
Kerry E Fortune · License #98361913
(202) 257-7447
Source:
Jackrealtygroup
Added: Sep 22
Changed: Oct 27
Last Checked: Oct 26 at 3:48PM
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 Washington Fine Properties, LLC
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Investment Insights
Based on property information with market context.
The 533-square-foot residence was built in 1954 and features hardwood floors, a wood-burning fireplace, and laundry within the unit. Kitchen improvements include stainless steel appliances and marble finishes; the bathroom has also been updated. The property is part of a garden-style condominium community, and pets are permitted.
The home is in Glover Park, a few blocks from Glover Archbold Park and its Tunlaw Road entrance. Shops and restaurants in Georgetown are within walking distance, and paths run through the community. The association fee covers gas, water, and cable TV, along with sewer, trash, and outdoor maintenance. Rental parking is available in a secured lot.
The home is in Glover Park, a few blocks from Glover Archbold Park and its Tunlaw Road entrance. Shops and restaurants in Georgetown are within walking distance, and paths run through the community. The association fee covers gas, water, and cable TV, along with sewer, trash, and outdoor maintenance. Rental parking is available in a secured lot.
Key Highlights
- 533‑square‑foot residence built in 1954
- In‑unit laundry and wood‑burning fireplace
- Kitchen with stainless steel appliances and marble finishes; updated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,856
Cap Rate
3.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$177,120
$177.1K
Cap Rate 7%
$126,514
$126.5K
Cap Rate 9%
$98,400
$98.4K
Market Conditions
NOI Build-Up for 533 SF
Gross rent
$16.9K $31.80/SF
− Vacancy
−$847 −$1.59/SF
EGI
$16.1K $30.21/SF
− OpEx
−$7.2K −$13.59/SF
NOI
$8.9K $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%
$177,120
Cap Rate 7%
$126,514
Cap Rate 9%
$98,400
Alternative Uses
Best Use
Apartment 5plus
$126.5K
$110.7K – $147.6K
NOI $8,856 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$274.2K
$239.9K – $319.9K
NOI $19,191 @ 7.0% cap · market cap 7.17%
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
1,269
Businesses Nearby
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Business Placement
Demographics for 20007, DC
26,827
Population
13,583
Households
2
Avg Household Size
35
Median Age
87%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
8,654
Density / Sq Mi
$142,783
Median Household Income
$93,107
Median Earnings
$2,066
Median Rent
$1,202,900
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - This updated, pet-friendly home includes in-unit laundry and a wood-burning fireplace.
Where is this residential income property located?
The property is located at 3819 DAVIS PLACE NW Unit 4 Washington, DC.
What is the asking price?
The asking price for this property is $267,500.
What are key features of this property?
This property features: 533‑square‑foot residence built in 1954; In‑unit laundry and wood‑burning fireplace; Kitchen with stainless steel appliances and marble finishes; updated bathroom
