Two-Bedroom Residential Income
For Sale
$269,000
713 HAMLIN STREET NE Unit 3, Washington, DC 20017
Second-floor cooperative residence with wood flooring and access to shared outdoor amenities, storage, laundry and on-site parking.
Property Size800 SF
Price / SF$336.25
Days on Market57
Property Features for 713 HAMLIN STREET NE Unit 3
General Information
Standard status
Active
Size
800 SF
Property subtype
Unit/Flat/Apartment
Financials
Asking Price
$269,000
HOA Fee
$545
Site & Location
Neighborhood
Ft. Washington
Public Transit
Yes
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$13,902
Amenities
shared rear yard
gazebo
community tables
raised garden beds
bike storage
individual storage cages
free laundry
Building Details
Building Size
800 SF
Year Built
1937
Listing Agency:
Samson Properties
Listed By:
Robert W Johnston · License #SP98363879
(202) 680-4904
Source:
Districtpropertygroup
Added: Sep 3
Changed: Oct 27
Last Checked: Oct 26 at 2:46PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This 800-square-foot cooperative residence occupies the second floor and has a flexible two-bedroom layout, wood floors and natural light. Built in 1937, it is part of a 19-residence community. Shared amenities include a rear yard with a gazebo, community tables and raised garden beds, along with bike storage, individual storage cages and free laundry. The property also has 14 on-site parking spaces for 19 units.
Brookland-CUA Metro is nearby, as are restaurants, shops, cafes and parks. The monthly cooperative dues include real estate taxes, heat, water and sewer.
Brookland-CUA Metro is nearby, as are restaurants, shops, cafes and parks. The monthly cooperative dues include real estate taxes, heat, water and sewer.
Key Highlights
- 800‑square‑foot second‑floor cooperative residence with a flexible two‑bedroom layout
- Built in 1937; part of a 19‑residence cooperative community
- 14 on‑site parking spaces for 19 units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,292
Cap Rate
4.94%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$265,840
$265.8K
Cap Rate 7%
$189,886
$189.9K
Cap Rate 9%
$147,689
$147.7K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$25.4K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$24.2K $30.21/SF
− OpEx
−$10.9K −$13.59/SF
NOI
$13.3K $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%
$265,840
Cap Rate 7%
$189,886
Cap Rate 9%
$147,689
Alternative Uses
Best Use
Apartment 5plus
$189.9K
$166.2K – $221.5K
NOI $13,292 @ 7.0% cap · market cap 4.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$411.5K
$360.1K – $480.1K
NOI $28,805 @ 7.0% cap · market cap 10.71%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,681
Businesses Nearby
Explore this area
Business Placement
Demographics for 20017, DC
20,293
Population
9,252
Households
2.2
Avg Household Size
37
Median Age
59%
College-Educated
92%
High-School Grad
2.2 sq mi
ZIP Area
9,224
Density / Sq Mi
$101,543
Median Household Income
$74,399
Median Earnings
$1,793
Median Rent
$686,400
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Second-floor cooperative residence with wood flooring and access to shared outdoor amenities, storage, laundry and on-site parking.
Where is this residential income property located?
The property is located at 713 HAMLIN STREET NE Unit 3 Washington, DC.
What is the asking price?
The asking price for this property is $269,000.
What are key features of this property?
This property features: 800‑square‑foot second‑floor cooperative residence with a flexible two‑bedroom layout; Built in 1937; part of a 19‑residence cooperative community; 14 on‑site parking spaces for 19 units
