Renovated Condo in Columbia
For Sale
$390,000
3900 14TH NW STREET 103, Washington, DC 20011
Renovated 2BD, 1BA condo with parking in prime location.
Property Size940 SF
Price / SF$414.89
Days on Market574
Property Features for 3900 14TH NW STREET 103
General Information
Standard status
Active
Size
940 SF
Property subtype
Condo/Townhome
Building Details
Year Built
1931
Listing Agency:
CENTURY 21 New Millennium
(202) 246-2270
Listed By:
Clifford C Cooper · License #SP98364845
(202) 246-2270
Source:
Exitrealty
Added: Jan 2, 2025
Changed: Jul 6
Last Checked: Jul 30 at 7:29AM
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 CENTURY 21 New Millennium
Investment Insights
Based on property information with market context.
This fully renovated condo in Columbia Heights features 2 bedrooms and 1 bathroom. The unit offers hardwood floors in the living room, dining room, and bedrooms, complemented by tile flooring in the kitchen and bathroom. The kitchen is equipped with granite countertops and stainless steel appliances, including a gas stove/range, built-in microwave, dishwasher, and side-by-side refrigerator with ice-maker and bottom drawer freezer. A new full-size washer and dryer are included, along with new light fixtures, ceiling fans, blinds, and door hardware throughout. The property includes a reserved parking space. Located in an awesome location with easy access to the metro (green/yellow line), downtown, Rock Creek Park, restaurants/bars, and shopping. The location has a Walk Score of 90 and a Bike Score of 78, with Capital Bikeshare access nearby. Randolph Towers is a pet-friendly building with elevators, a community room, an exercise room, a bike storage room, a concierge desk for handling deliveries, and a management office in the lobby. The property size is 940 square feet.
Key Highlights
- Fully renovated 2BD, 1BA in Columbia Heights
- Reserved parking space included
- Awesome location: easy access to metro (green/yellow line), downtown, Rock Creek Park, restaurants/bars and shopping
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.9k | $30.72 |
| − Vacancy | −$1.7k | −$1.78 |
| EGI | $27.2k | $28.94 |
| − OpEx | −$12.2k | −$13.02 |
| NOI | $15.0k | $15.92 |
940 SF · lease $30.72/SF/yr · vacancy 5.80% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$213.7K
$187.0K – $249.4K
NOI $14,961 @ 7.0% cap · market cap 3.84%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$485.3K
$424.7K – $566.2K
NOI $33,973 @ 7.0% cap · market cap 8.71%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,419
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
$722,200
Median Home Value
Market
Average Price Trend$/SF for Residential income properties in Washington, DC
Properties on Market for Residential income properties in Washington
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Renovated 2BD, 1BA condo with parking in prime location.
Where is this residential income property located?
The property is located at 3900 14TH NW STREET 103 Washington, DC.
What is the asking price?
The asking price for this property is $390,000.
What are key features of this property?
This property features: Fully renovated 2BD, 1BA in Columbia Heights; Reserved parking space included; Awesome location: easy access to metro (green/yellow line), downtown, Rock Creek Park, restaurants/bars and shopping
