Studio Cooperative
For Sale
$165,000
6445 LUZON AVENUE NW Unit 208, Washington, DC 20012
The monthly cooperative charge covers utilities and internet, and residents have access to shared laundry.
Property Size787 SF
Price / SF$209.66
Days on Market43
Property Features for 6445 LUZON AVENUE NW Unit 208
General Information
Standard status
Active
Size
787 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$90,476
Amenities
community laundry room
Building Details
Building Size
787 SF
Year Built
1960
Listing Agency:
RLAH @properties
Listed By:
Stephanie D Cooper · License #SP98357441
(202) 207-7827
Source:
Jackrealtygroup
Added: Sep 17
Changed: Oct 26
Last Checked: Oct 26 at 2:43PM
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 RLAH @properties
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Investment Insights
Based on property information with market context.
Unit 208 is a 787-square-foot studio in the Winchester-Underwood Cooperative, built in 1960. The residence has a full bathroom and an open layout that can accommodate living, sleeping, dining, and work areas. A monthly cooperative fee covers utilities and internet; community laundry is available in the building.
The property is in Washington, DC, near Brightwood, Takoma, and Rock Creek Park. Neighborhood shopping, everyday services, and the restaurants and retail at The Parks at Historic Walter Reed are nearby. Fort Stevens Recreation Center, bus service, and the 16th Street corridor provide additional neighborhood and city connections.
The property is in Washington, DC, near Brightwood, Takoma, and Rock Creek Park. Neighborhood shopping, everyday services, and the restaurants and retail at The Parks at Historic Walter Reed are nearby. Fort Stevens Recreation Center, bus service, and the 16th Street corridor provide additional neighborhood and city connections.
Key Highlights
- 787‑square‑foot studio residence
- Full bathroom and flexible open layout
- Monthly cooperative fee includes utilities and internet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,076
Cap Rate
7.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$261,520
$261.5K
Cap Rate 7%
$186,800
$186.8K
Cap Rate 9%
$145,289
$145.3K
Market Conditions
NOI Build-Up for 787 SF
Gross rent
$25.0K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$23.8K $30.21/SF
− OpEx
−$10.7K −$13.59/SF
NOI
$13.1K $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%
$261,520
Cap Rate 7%
$186,800
Cap Rate 9%
$145,289
Alternative Uses
Best Use
Apartment 5plus
$186.8K
$163.5K – $217.9K
NOI $13,076 @ 7.0% cap · market cap 7.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$404.8K
$354.2K – $472.3K
NOI $28,337 @ 7.0% cap · market cap 17.17%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,080
Businesses Nearby
Explore this area
Business Placement
Demographics for 20012, DC
15,485
Population
7,599
Households
2
Avg Household Size
41
Median Age
59%
College-Educated
92%
High-School Grad
2.1 sq mi
ZIP Area
7,374
Density / Sq Mi
$128,234
Median Household Income
$75,138
Median Earnings
$1,638
Median Rent
$838,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - The monthly cooperative charge covers utilities and internet, and residents have access to shared laundry.
Where is this residential income property located?
The property is located at 6445 LUZON AVENUE NW Unit 208 Washington, DC.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: 787‑square‑foot studio residence; Full bathroom and flexible open layout; Monthly cooperative fee includes utilities and internet
