1 month on rocket

612 Newton Pl NW, Washington, DC, 20010

$1,399,900

Home List Price

$10,000*

Closing Credit

0 Baths
2,904 SqFt
$482/SqFt
Multi
Schools Nearby

Location

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612 Newton Pl NW, Washington$1,399,900

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1931
HeatingHot Water
CoolingCentral Air
MLS #DCDC2134038
Lot Size0.06 Acres
StatusActive
(ACTIVE)

About 612 Newton Pl NW

Introducing a prime investment opportunity (with an assumable mortgage) nestled in the vibrant community of Columbia Heights. This 4-unit building, listed at $1,399,900, presents an enticing prospect for savvy investors seeking immediate returns. Boasting a convenient location near the Georgia Ave- Petworth metro station and a plethora of amenities, this property is an attractive choice for both tenants and investors alike. Each unit features 2 bed(s)/1 ba, updated appliances inclusive of an in-unit washer dryer combo, and a private patio, offering residents the utmost convenience. What sets this investment apart is its stable tenancy arrangement. The property is leased with a voucher subsidy program, ensuring consistent rental income. Additionally, all tenants are on month-to-month leases, providing flexibility for new ownership. T-12 available upon request. Generating over $11,000/mo in rental income, this property promises a strong return on investment. Its desirable amenities and strategic location make it a standout choice in Columbia Heights' competitive real estate market. Don't miss out on this exceptional opportunity to own a profitable investment property in one of Washington, D.C.'s most sought-after neighborhoods. Schedule a showing today to explore the potential of this remarkable 4-unit building. T-12 available upon request. Photos are from prior sale. All units are currently occupied.

Property Details

Property Features

Property Information:

  • Architectural Style: Contemporary
  • Year Built: 1931
  • Living Area: 2,904 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty - Washington
  • Office Phone: (202) 387-6180
  • Listing Agent: Taelor Salmon

Interior Features

Interior Information:

  • Appliances: Dishwasher, Dryer, Disposal, Refrigerator, Washer
  • Flooring Type: Hardwood
  • Interior: Breakfast Area, Combination Kitchen/Living, Combination Dining/Living, Floor Plan - Open, Flat, Formal/Separate Dining Room

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Roosevelt High School, Public District Grades 9-12
  • Bruce Monroe Elementary School @ Park View, Public District Grades EE-5

Other

Directions Information:

  • Directions: Newton Pl NW

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,399,900
  • Price Per SqFt: $482/SqFt

Tax Information:

  • Annual Amount: $8,269
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

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Washington, DC

City

Med. Sold Price

$654.1K

Med. Price/SqFt

$511

Avg. Days On Market

37

# of Sold Homes

420

612 Newton Pl NW vs Washington

32 DAYS ON ROCKET

-5 Days

$1,399,900

+$745.7K More

$482/SqFt

-$29 Less

KEY TAKEAWAY

This property is $745.7K more than the Median Sold Price and $29/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2134038

Listing Office:

  • Office Name: Coldwell Banker Realty - Washington
  • Office Phone: (202) 387-6180
  • Listing Agent: Taelor Salmon

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/27/2024, 9:00:17 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 07, 2017Home Sold
$1,219,000
Jan 12, 2005Home Sold
$480,000

Tax History

YEARPROP. TAXASSESSMENT
2020$8,269$972,820
2019$7,902$929,690
2018$4,959$656,710
2017$5,175$608,810

History based on county public records data.

Payment Calculator

$7,054

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,263

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-1139427
8
/10

  • Bruce Monroe Elementary School @ Park View

  • 3560 Warder St NW

  • 0.10 miles

  • Public District Grades EE-5

High School

school-card-donut-1139428
2
/10

  • Roosevelt High School

  • 4400 Iowa Ave NW

  • 0.75 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $60,366. Typical income of Washington, DC residents is between $35k-100k annually. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20010›612 Newton Pl NW

This home is located at 612 Newton Pl NW in Washington, DC and zip code 20010 in the Park View neighborhood. This 2,904 square foot home, which was built in 1931, sits on a 0.06 acre lot. It has been listed on Rocket Homes since March 25, 2024 and is currently priced at $1,399,900.

While more than 124 listings in Washington, DC in March 2024 were sold above asking price, there were more than 119 listings sold at asking price, and more than 177 were sold below. The number of homes for sale in Washington, DC increased by 6.8% between February 2024 and March 2024. While the average time on the market in March 2024 was 37 days, the median list price was $654,103.

From Rocket Homes Real Estate and based on county public records data.

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