Residential Income Property with Roof
For Sale
$649,900
610 NEWTON PLACE NW Unit 12, Washington, DC 20010
The two-bedroom residence includes a private outdoor terrace, deeded parking, and an in-unit washer and dryer.
Property Size1,358 SF
Days on Market24
Property Features for 610 NEWTON PLACE NW Unit 12
General Information
Standard status
Active
Size
1,358 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Multifamily Units
1
Parking per Unit
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$5,225
Amenities
wood floors
kitchen island
breakfast bar
granite countertops
tile backsplash
pantry
balcony
private roof terrace
9 foot ceilings
oversized windows
central air conditioning
in-unit washer/dryer
walk-in closet
marble floors
frameless glass shower
double vanity
deep tub
fire pit
Building Details
Building Size
1,358 SF
Year Built
1931
Listing Agency:
TTR Sotheby's International Realty
Listed By:
Samuel Dweck · License #BR98377447
(202) 716-0400
Source:
Barnesrealestatecompany
Added: Sep 25
Changed: Oct 17
Last Checked: Oct 16 at 2:29PM
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-bedroom residence has an open floor plan, wood floors, 9-foot ceilings, oversized windows with three exposures, and a new central air conditioning system. The kitchen features an 8.5-foot island with breakfast bar, KitchenAid stainless steel appliances, granite countertops, a tile backsplash, and a pantry. The primary suite includes a walk-in closet and an en-suite bathroom with a double vanity and frameless glass shower. A second bathroom has a deep tub. The property also includes a balcony, deeded parking, and a private roof terrace measuring more than 1,300 square feet. Built in 1931, the building permits leases of six months or longer and is pet friendly. Metro is a 10-minute walk away.
Key Highlights
- Private roof terrace measuring more than 1,300 square feet, plus a balcony
- Two bedrooms and two bathrooms, including a primary suite with walk‑in closet
- Kitchen features an 8.5‑foot island, KitchenAid stainless steel appliances, granite counters, and pantry
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,564
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,280
$451.3K
Cap Rate 7%
$322,343
$322.3K
Cap Rate 9%
$250,711
$250.7K
Market Conditions
NOI Build-Up for 1,358 SF
Gross rent
$43.2K $31.80/SF
− Vacancy
−$2.2K −$1.59/SF
EGI
$41.0K $30.21/SF
− OpEx
−$18.5K −$13.59/SF
NOI
$22.6K $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%
$451,280
Cap Rate 7%
$322,343
Cap Rate 9%
$250,711
Alternative Uses
Best Use
Apartment 5plus
$322.3K
$282.1K – $376.1K
NOI $22,564 @ 7.0% cap · market cap 3.47%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$698.5K
$611.2K – $814.9K
NOI $48,896 @ 7.0% cap · market cap 7.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
5,506
Businesses Nearby
Explore this area
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 two-bedroom residence includes a private outdoor terrace, deeded parking, and an in-unit washer and dryer.
Where is this residential income property located?
The property is located at 610 NEWTON PLACE NW Unit 12 Washington, DC.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: Private roof terrace measuring more than 1,300 square feet, plus a balcony; Two bedrooms and two bathrooms, including a primary suite with walk‑in closet; Kitchen features an 8.5‑foot island, KitchenAid stainless steel appliances, granite counters, and pantry
