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Two-Bedroom Residential Income Property
For Sale
$499,900

606 NEWTON PLACE NW Unit 606, Washington, DC 20010

The two-level home includes a private entrance, outdoor deck, and one off-street parking space.

Property Size1,123 SF
Price / SF$445.15
Days on Market75

Property Features for 606 NEWTON PLACE NW Unit 606

General Information

Standard status Active
Size 1,123 SF
Total Parking Spaces 1
Property subtype Unit/Flat/Apartment

Financials

Asking Price $499,900
HOA Fee $112

Site & Location

Neighborhood Park View
Public Transit Yes

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,119

Building Details

Building Size 1,123 SF
Year Built 1981
Listing Agency: TTR Sotheby's International Realty
Listed By: EDGARDO R SUAREZ · License #SP98375376
Source: Gallerycollectivere
Added: Aug 17 Changed: Oct 27 Last Checked: Oct 27 at 3:32AM

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 TTR Sotheby's International Realty

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Investment Insights

Based on property information with market context.

This two-level townhouse condominium offers 1,123 square feet, with two bedrooms and a full bathroom upstairs and a powder room on the main floor. A private entrance and outdoor deck off the kitchen add to the layout. The renovated kitchen has stainless steel appliances and an island, and a full-capacity washer and dryer are included. Storage is available in closets and beneath the stairs.

Built in 1981, the property includes one off-street parking space.

Key Highlights

  • Two‑level townhouse condominium with 1,123 square feet
  • Two upstairs bedrooms, one full bathroom, and a main‑floor powder room
  • Private entrance and outdoor deck off the kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,659
Cap Rate
3.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$373,180 $373.2K
Cap Rate 7%
$266,557 $266.6K
Cap Rate 9%
$207,322 $207.3K
Market Conditions
NOI Build-Up for 1,123 SF
Gross rent
$35.7K $31.80/SF
− Vacancy
−$1.8K −$1.59/SF
EGI
$33.9K $30.21/SF
− OpEx
−$15.3K −$13.59/SF
NOI
$18.7K $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%
$373,180
Cap Rate 7%
$266,557
Cap Rate 9%
$207,322

Alternative Uses

Best Use
Apartment 5plus
$266.6K
$233.2K – $311.0K (±1% cap)
NOI $18,659 @ 7.0% cap · market cap 3.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$577.6K
$505.4K – $673.9K (±1% cap)
NOI $40,434 @ 7.0% cap · market cap 8.09%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

5,506
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - The two-level home includes a private entrance, outdoor deck, and one off-street parking space.
Where is this residential income property located?
The property is located at 606 NEWTON PLACE NW Unit 606 Washington, DC.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: Two‑level townhouse condominium with 1,123 square feet; Two upstairs bedrooms, one full bathroom, and a main‑floor powder room; Private entrance and outdoor deck off the kitchen
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