Are these H St. NE / Capitol Hill houses priced appropriately?

[Anonymous]

On the Hill, 16 feet wide is the most common. 18-20 feet wide gives floor-plans so many more options. Such a better feel. 14 wide is pretty narrow, but I've seen some amazing renovations that make it work. 12 is tiny and not common.

Also, 403 9th St. NE with a huge price reduction down to $740K!

[Anonymous]

Anonymous wrote:On the Hill, 16 feet wide is the most common. 18-20 feet wide gives floor-plans so many more options. Such a better feel. 14 wide is pretty narrow, but I've seen some amazing renovations that make it work. 12 is tiny and not common.

Also, 403 9th St. NE with a huge price reduction down to $740K!

Is that the one that smells like cats?

[Anonymous]

Anonymous wrote:

Anonymous wrote:On the Hill, 16 feet wide is the most common. 18-20 feet wide gives floor-plans so many more options. Such a better feel. 14 wide is pretty narrow, but I've seen some amazing renovations that make it work. 12 is tiny and not common.

Also, 403 9th St. NE with a huge price reduction down to $740K!

Is that the one that smells like cats?

That's a feature not a bug!!!

[Anonymous]

How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

[Anonymous]

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

[Anonymous]

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

Wow, this is an interesting property. According to the description, the 1-st floor 2-bedroom unit rents for almost $6000! I find that rather hard to believe ... but if it's true, not a bad deal at all for someone who doesn't mind driving everywhere and has no kids. If it was just a SMIDGE closer to the metro (20 minute walk) I'd say it was a knock-out.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

Wow, this is an interesting property. According to the description, the 1-st floor 2-bedroom unit rents for almost $6000! I find that rather hard to believe ... but if it's true, not a bad deal at all for someone who doesn't mind driving everywhere and has no kids. If it was just a SMIDGE closer to the metro (20 minute walk) I'd say it was a knock-out.

Also ... I like that the developer did a small multi-unit building! Would like to see a lot more of those as they infill/redevelop Trinidad. Let's get all the way up to 4 units, boys!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Seems priced to go quickly at $975 for a 3br/2.5 bath in that location... Thoughts?

https://www.redfin.com/DC/Washington/128-10th-St-NE-20002/home/9904574

I hope that's right because we have exactly the same house a block away! (Minus the brand new kitchen.)

What do we think about the old floors? We have the same ones, and I hate them with a passion. But I hear they sell.

Love the house, the floors, and the location. And frankly don’t like what they did in the kitchen and would prefer I renovated. PP, you guys selling a time soon

We went to the open house for this one today. The floors are in worse condition than they look in the pictures, but probably not so bad as to be a deal-killer on their own. The fridge and stove are seriously huge—way too big for a kitchen that small, IMO. And the basement ceiling is only 6', so tall buyers need not apply. I still think it's going to go quickly for more than asking price, though.

Sold already ... how do I find out how much it sold for?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

Wow, this is an interesting property. According to the description, the 1-st floor 2-bedroom unit rents for almost $6000! I find that rather hard to believe ... but if it's true, not a bad deal at all for someone who doesn't mind driving everywhere and has no kids. If it was just a SMIDGE closer to the metro (20 minute walk) I'd say it was a knock-out.

Yeah, if it were just a little closer to Metro and to H Street. I can't imagine that's a very pleasant walk back to this place late at night.

Also, would inheriting a tenant be a turnoff to some buyers? Is it weird that this place was built just this year, already has a tenant and now is being sold? I honestly have no idea how this part of the market works.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

Wow, this is an interesting property. According to the description, the 1-st floor 2-bedroom unit rents for almost $6000! I find that rather hard to believe ... but if it's true, not a bad deal at all for someone who doesn't mind driving everywhere and has no kids. If it was just a SMIDGE closer to the metro (20 minute walk) I'd say it was a knock-out.

Yeah, if it were just a little closer to Metro and to H Street. I can't imagine that's a very pleasant walk back to this place late at night.

Also, would inheriting a tenant be a turnoff to some buyers? Is it weird that this place was built just this year, already has a tenant and now is being sold? I honestly have no idea how this part of the market works.

A tenant that is actually paying $6k/month is a keeper!! I believe that this building was built on a vacant lot. Construction takes less time than you'd think, especially if there is no demolition involved.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

Wow, this is an interesting property. According to the description, the 1-st floor 2-bedroom unit rents for almost $6000! I find that rather hard to believe ... but if it's true, not a bad deal at all for someone who doesn't mind driving everywhere and has no kids. If it was just a SMIDGE closer to the metro (20 minute walk) I'd say it was a knock-out.

Also, someone is paying nearly $6k/month to rent a place that is not walkable to Metro and is steps from Bladensburg? Ok, then.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

Wow, this is an interesting property. According to the description, the 1-st floor 2-bedroom unit rents for almost $6000! I find that rather hard to believe ... but if it's true, not a bad deal at all for someone who doesn't mind driving everywhere and has no kids. If it was just a SMIDGE closer to the metro (20 minute walk) I'd say it was a knock-out.

Yeah, if it were just a little closer to Metro and to H Street. I can't imagine that's a very pleasant walk back to this place late at night.

Also, would inheriting a tenant be a turnoff to some buyers? Is it weird that this place was built just this year, already has a tenant and now is being sold? I honestly have no idea how this part of the market works.

A tenant that is actually paying $6k/month is a keeper!! I believe that this building was built on a vacant lot. Construction takes less time than you'd think, especially if there is no demolition involved.

It was. The vacant lot still is on Google Streetview. It seems real narrow, and makes me wonder if this place isn't real narrow, too.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

Wow, this is an interesting property. According to the description, the 1-st floor 2-bedroom unit rents for almost $6000! I find that rather hard to believe ... but if it's true, not a bad deal at all for someone who doesn't mind driving everywhere and has no kids. If it was just a SMIDGE closer to the metro (20 minute walk) I'd say it was a knock-out.

Yeah, if it were just a little closer to Metro and to H Street. I can't imagine that's a very pleasant walk back to this place late at night.

Also, would inheriting a tenant be a turnoff to some buyers? Is it weird that this place was built just this year, already has a tenant and now is being sold? I honestly have no idea how this part of the market works.

A tenant that is actually paying $6k/month is a keeper!! I believe that this building was built on a vacant lot. Construction takes less time than you'd think, especially if there is no demolition involved.

There is literally no chance on God’s green earth that a 2bed/2.5bath garden apartment a block from Bladensberg Ave is currently being rented out for 6k/mo.

Maybe they are trying to say you could rent it for that much? It’s 3k, tops, sorry. And it’s been staged in the photos, so I don’t think it already has a tenant.

Nice place though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:How about 1.3 million in Trinidad ??? https://www.redfin.com/DC/Washington/1612-Levis-St-NE-20002/home/10097703?utm_source=ios_share&utm_medium=share&utm_campaign=copy_link&utm_nooverride=1&utm_content=link

Pricing in Trinidad is really interesting right now. Surprising number of places asking for close to $1m, and this place is in line with those prices because if it’s size. But you can also find 2 bedroom condos in the less desirable parts of the neighborhood (further from H, more crime, close to Bladensberg or Mt Oliver), for less than 400k. Kind of fascinating.

I don’t think they’ll get 1.3, but I think they will eventually get 1.1. I’ve also got my eye on a developer flip down on Morse with some interesting features that I expect to list for a similar amount because of what they’re doing. Very curious to see how that goes, as multiple million dollar homes in the neighborhood is very new territory.

The linked place is a two-unit property, so it's not an apples-to-apples comparison to most of the other properties we've seen in this thread.

Wow, this is an interesting property. According to the description, the 1-st floor 2-bedroom unit rents for almost $6000! I find that rather hard to believe ... but if it's true, not a bad deal at all for someone who doesn't mind driving everywhere and has no kids. If it was just a SMIDGE closer to the metro (20 minute walk) I'd say it was a knock-out.

Yeah, if it were just a little closer to Metro and to H Street. I can't imagine that's a very pleasant walk back to this place late at night.

Also, would inheriting a tenant be a turnoff to some buyers? Is it weird that this place was built just this year, already has a tenant and now is being sold? I honestly have no idea how this part of the market works.

A tenant that is actually paying $6k/month is a keeper!! I believe that this building was built on a vacant lot. Construction takes less time than you'd think, especially if there is no demolition involved.

There is literally no chance on God’s green earth that a 2bed/2.5bath garden apartment a block from Bladensberg Ave is currently being rented out for 6k/mo.

Maybe they are trying to say you could rent it for that much? It’s 3k, tops, sorry. And it’s been staged in the photos, so I don’t think it already has a tenant.

Nice place though.

I just reread the description.... I think they mean the total rent for both units is 6k. Be better with your dependent clauses guys!