Fri. Afternoon Rental Option – Bloomingdale

This rental is located at 1st and S St, NW:

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The Craigslist ad says:

“Newly Renovated One Bedroom Basement Apartment for Rent. . .responsible for electricity; includes trash, sewer, and water . . . in Bloomingdale near Big Bear Café and Rustik Tavern…Available in Mid-October (second to third week of Oct.), serious inquires only…one year lease, no pets allowed…one month security deposit required…please provide two references: from current place of employment and recent place of residence. . .nearest metro is Shaw Howard University Metro (about ½ mile). . .can take the G8 and G90 bus to closest metro station…on street parking”

$1475 sound right?

53 Comment

  • Sounds about 400 dollars overprice. If not more. RIPOFF

  • excuse me I just threw up in my mouth

  • For a basement not close the Metro? Really?

  • if this is a halfway decent deal then i am not getting a good deal for the basement apartment i lease. it’s three blocks west, $100 cheaper, furnished and includes electricity.

  • they forgot to mention boundary stone in the description. also you could walk to the home depot if you like hills.

  • I don’t think it’s a good deal but I guess I don’t think it’s as bad as the posters above because I wouldn’t be shocked if it rented for around $1300 considering how tight the rental market is now.

    However, two quibbles: the bedroom looks VERY small, and I think there really oughta be an island countertop or something in the kitchen. It looks odd an non-functional as it is.

  • Wait, it includes that trash can, doesn’t it… that totally makes it worth it.

  • I am 2 blocks away in a one bedroom that is above ground, and I pay over $200 a month less.

  • Not even close.

  • Am I a complete sucker? I rent an 800+ sq ft.lovely, (basement but bright) one-bedroom apt. 1/2 block from CH metro, with patio, allowing pets, just recently raised from $1,500 to $1,550. I get great tenants, I’m happy, they’re happy, it seems fair. Also a 450 sq. foot 1 bedroom 3rd floor, also half-block away for $1,100.

    I don’t know how to stop the crazy rents – as long as a landlord gets 1 desperate person s/he’ll charge what s/he can.

  • I, too, am in a dungeon apartment up the road…but pay $275 less, and I have all utilities (electricity, water, cable, internet) included.

  • Good lord. No way.

  • I’m starting to think I’m seriously undercharging my tenant if this is really what the market looks like. I’m charging $900/month for a studio, utilities included. 5 blocks from metro…

    But, I like my tenant and I don’t want to deal with finding another one.

    • So I’m really interested in this whole idea. From a landlord’s perspective – what is a fair rent? As much as you can squeeze out of desperate people? Or what you think people with a reasonable average income ought to pay? Or special deals for people in undeservedly low-paying but good for humanity jobs? (Though I have been totally screwed by a few starving artists to whom I’ve given a break)

      I’m not a bible person, but do find interesting the parable of the vinyard workers. (Some hired to work all day at what they considered a fair wage, then others hired later in the day for the same wage.)

      • as a landlord, i don’t understand your question at all. it’s a business, people.
        rent is based off what other places are charging, my fixed costs, and any vacancy/risk/potential maintenance i foresee.
        the rent i charge is not based on any tenant factors–this ain’t no sliding scale.

        • Yeah. I mean, I don’t want to gauge people, but I don’t think at or slightly below market rates (to get it moving fast) are somehow unethical. I mean I bought the place at market rates!

          That said I would feel kind of uncomfortable charging someone enough that they’d be paying more than half of my mortgage to live in a much worse space than I have (i.e. the rest of the house). If I charged $1475 plus utilities it would be like 65% of my mortgage payment!

          Also there’s a lot to be said for having a really great tenant. Especially when you’re sharing the house. So I have no interest in raising the rent to current market rates because I want him to stay.

        • Exactly, it’s business. I rent out my property at less than the “going rate” because I want to give my tenant incentive to take care of the property and not jeopardize his/her good deal. But that’s a business decision – I’d rather take less rent than fix damage to the property, particularly every 12 months.

        • i own a business. i try to offer products and services for a fair price. but that doesn’t mean i’ll charge the most that i possibly can. i charge what gives me a decent income.

          • OK – say you’re a farmer and it costs you .50 to produce a pound of flour – (factoring in 5 year averages, possible drought & locusts & everything etc.) Charging $1.00 a pound gives you a very comfortable secure income (nice above-average home, vacations, college etc.)

            People need flour. Some will pay $1.50 or even $3.00 a pound. But most can only afford $1.00. What do you charge?

          • That’s not a good analogy because there’s nothing cheaper than flour that you can substitute.

            Let’s say you’re selling bread made with flour instead. I don’t think there’s anything wrong with charging more than most can afford, since the ones who can’t afford it aren’t going to go hungry. They’ll just buy the raw ingredients and make it themselves for less.

            Similarly, if not everyone can afford your apartment in Bloomingdale, it’s not like those people are going to be homeless. There are cheaper areas to live.

  • Should be about $1300 given the long haul to Metro and electric not included.

  • I think they will have a hard time renting that place as priced. $1,000-$1,100 max.

  • Thats way too much.. $1,100 Tops!!

  • It’s too Damn High!

  • Looked at a place 2 months ago at 1st and T for $1100. Doesn’t seem much different than this, i.e. this place is overpriced.

  • No way… wrong price, wrong neighborhood.

    Bloomingdale’s biggest problem is that MUCH cheaper real estate is available just across N. Capitol in Eckington for $500-600 (not joking) cheaper. You can pretty much get an entire rowhouse for $2000-2200 there (also not joking).

    And Eckington has better transit services (Metro stations nearby, frequent buses).

    • it’s not really a problem. so some people go to eckington? the whole area wins.

      there was a time when bloomingdale was MUCH cheaper than shaw or LeDroit, yet it was only blocks away. just like the situation with bloomingdale to eckington. things will change.

      one thing that really helped bloomingdale was a group of people actively branding it. it had a blog, actually a few blogs, a great newsletter, a big sign on the big liquor store, residents opening up a coffee shop.

      get something going on in eckington and people will take notice. open a restaurant, call it the eckington inn or something and people will flock.

      • Binnnnnnngooooooo.

        I used to tirelessly market the neighborhood when I first moved here 8 years ago by throwing parties and making sure I invited all of my real estate agent clients. It was not easy getting them here though – especially when Bloomingdale had an open air drug market AND near daily gang fights).

        It sounds cheesy but with enough people doing the same thing, it really worked. The bottom line is that these houses have great bones which when structurally restored will last for at least another hundred years. That, along with the proximity to everything (you can be at National airport in less than 10min by cab!) makes it a great place to invest and live in.

        Eckingtonionites should really not fret..the houses there are even more unique. Just wait til N cap gets a little more traction and you’ll be the ones who’s basement apartments we’ll be blogging about!

        • there was a time when no one, absolutely NO ONE seemed to have even heard of bloomingdale. everyone called the northern section ledroit park and the southern section was eckington. it took all the actions mentioned above to even get people to know that the neighborhood existed! eckington now is better off than bloomingdale was even five years ago. but no one is actively making things happen. throw some block parties and invite the whole neighborhood. hook up with mckinley and have a huge independence day party and get some food trucks out there. host a community yard sale. use the eckington listserve to do something positive.

          people in bloomingdale worked really hard. the crispus attucks folks, the civic association, landscapers, photographers, people calling the cops a lot, block party organizers, bloggers, mains streets people. i don’t see the same thing happening in eckington. buck up and make it happen folks. no one will do it for you.

  • Yeah, that rent is f–king asinine. I’m at 2nd & U and have a basement about the same size. I pay $1100 a month. Granted, mine’s a studio, but it’s the size of a 1-br … the layout’s deliberately open. This landlord is being ridiculous.

  • A new landlord here, wondering about some of the same questions raised above. I’ll need to rent an English basement soon, less than a block from Potomac Avenue Metro.

    The apartment is a small 1BR in decent shape w/a good-sized living room/kitchen area, fireplace, dishwasher, and washer & dryer; also likely included is access to a spacious backyard and (subject to some modest negotiation) a grill. Anyone want to hazard a guess on what range the rent should be? (Internets and water bill will be included.)

    • I could see $1400 as a fair price, with slight room to move on either side depending on the precise apartment.

    • I live a few blocks from you and rent our english basement for $1400 all util included. Sounds like my unit may be slightly larger. It’s newly remodeled so everything is brand new.

      I’ve been told my neighbor across the street rents her place for $1500. I think $1400 is fair and I’d rather get a good tenant than try and get every cent out of someone only to end up renting to someone who’s going to be a pain in the ass.

  • Oh wait! I just realized — there’s no W/D. That changes everything! Since I would be hauling my laundry to a laundromat, think of all the exercise I’d get. I could cancel my gym membership. What a deal!

  • ledroittiger

    I’m moving into a one-bedroom basement on 100 block of Rhode Island for $1250. It’s a great little place with good lighting, a nice yard, W/D, dishwasher, etc. I have to pay my utilities. The walk to the Shaw metro really isn’t that far, plus Capital Bikeshare is going to put a station in at the intersection of RI and 1st. Yeah, it’s a little pricey, but I looked at 10 other places in the neighborhood and none of them were as cheap and most were completely dingy.

  • I rent out a slightly larger place 4 blocks closer to the metro for $1500. It has w/d. We had people clambering all over the place for it. Wouldn’t have surprised me if we could have gotten another $75. Surprised me, but that’s the reality of the market.

  • If it was the most beautiful basement apartment ever, it would still be overpriced by a good $400/month.

    That’s a Columbia Heights/Adams Morgan/Mount Pleasant price for a 1 bedroom basement.

    I was looking at 2 bedroom 2 Baths in bloomingdale for $1800-$1900 last month, so this is way off.

    • Yup. Paying less in AM, includes electricity and is above ground (lease started Sept this year for the PoP-pernicketys).

      But as they say ‘horses for courses’: I don’t want to live in this place, and the people who eventually rent this place probably don’t want to live in mine.

  • that’s rich. that much to live in mug-happy bloomingdale? please.

  • Yeah, too much. I live a few blocks away in Shaw (much closer to the metro) and share a 2 bedroom 2 bath with a roommate for $2150 ($1075 each) + utils. I’d say $1200, tops. I had a friend who lived between Logan and Dupont Circle in an above ground one-bedroom for $1400 (she rented it last fall, but moved out recently to go to school in MA).

  • First, this apartment is about a 15 minute walk to Shaw metro and 12 minute walk to NY Ave metro. I think that the option of walking to two metros is a great plus. And a 15 minute walk to the heart of U Street. I wonder when people will figure out Bloomingdale is not isolated in the middle of nowhere? Second, many people love the neighborhood. Regarding crime, come on people, if you don’t want to deal with the possibility of crime move out of DC. Third, depending on how the rest of this place looks, it might be a good deal. It depends on the person. I just think the strong opinions about Bloomingdale never cease to amaze me… one minute it is a crime infested rotten place to live, the next it is full of yuppies.

  • Kd – Well said. Though I think Howard/Shaw metro is MUCH closer than NY ave. I live pretty much on the same block (100BO of Seaton Place) and it takes 8-10mins max to walk to the metro.

    As for crime. It’s bizarre, but I invite people to look at Georgetown’s crime. You’ll be shocked at the numbers (and you might even consider Bloomingdale an oasis in comparison!).

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