CAPITOL ASSET REALTY GROUP

Transcription

1 CAPITOL ASSET REALTY GROUP Welcome to your new residency or fellowship program!!! I am a local real estate professional licensed in the District of Columbia, Maryland and Virginia who specializes in helping physicians like you rent or purchase the perfect home or apartment while completing your post-graduate training. I have worked for the past several years with the George Washington University, helping new residents, fellows, faculty and staff locate apartments or homes, while preparing to enter into their new roles. Moving to a new area is scary and uncertain so having an experienced hand guide you through the housing maze is reassuring and helps lessen the worries. Since most of your time is spent in training, it is even more important that you find a perfect place to call home that is convenient to your training location(s). My commitment: Providing strategic assistance in locating the perfect apartment or home purchase that reduces transportation time fits within your monthly budget Prompt response and feedback Real-time updates with new rentals that meet your criteria A full-time real estate agent - anything less and you'd be short changed Complete attention to detail A personal guide through the complexities of buying or renting Attached please find a neighborhood guide for the Metropolitan DC area. Beside each neighborhood name, I have provided the current average rents for an efficiency unit and 1 bedroom to give you an idea of the price ranges. Most units require a 60 day advance notice for moving out so manhy complexes now have notices for their June 1 vacancies. Don t delay in your search! Many residents and fellows try to wait until May or June and it s often too late to find something convenient and within their price range. The housing market in the DC area is very active and rentals go pretty quickly as do home sales. Keep in mind that there will be some items you need to plan on having available when you fill out a rental application: security deposit (refundable), application fee ($25-$50, non-refundable), past rental history, credit score (FICO ) or strong co-signor. I would like to offer my services to you, at no cost, to help ensure a smooth transition to the DC area. If we find a home for you to rent or purchase, my costs are paid by the landlord/seller (this does not include Craigslist and other website listings). If you currently live in DC and are looking for a change of scenery, I can also assist you with your house hunting needs. If you feel that my services could be of value to you, please feel free to call me so we can secure a location for you in the next couple of months. Sincerely, Ivan D. Miller, Jr. Ivan D. Miller, Jr., REALTOR Cell: idmiller94@gmail.com

2 CAPITOL ASSET REALTY GROUP Welcome to GWU! Your next step is to find a home... Washington offers many interesting neighborhoods in which to live. There are many different factors to consider when choosing a new home; convenience, price, and atmosphere; three important factors that are vital to your success in landing a suitable rental: credit score, rental history and deposit funds. Luckily, with the diversity of options found in the national capital area the right prescription is attainable with a little searching. Many physicians choose convenience and live right in the Foggy Bottom neighborhood. If you want a more suburban atmosphere or are looking to spend a little less you can venture into Virginia or Maryland. Many areas of Arlington and Alexandria are right on the Metro Blue or Orange Lines, which stops at Foggy Bottom, home to the GWU campus. Maryland is also not far away but it is located on the Red Line which requires switching trains at Metro Center usually a minute commute. Washington DC Neighborhoods... Foggy Bottom (1 BR $1600-$5700; efficiency $1500) Foggy Bottom is GW s campus and the surrounding neighborhood. Housing is convenient but tends to be expensive and limited. Find some roommates and your rent will go down. Housing options include high-rise apartments and townhouses. Also, living in close proximity to museums, cultural events, entertainment, and everything DC has to offer is an added bonus! Georgetown (1 BR $2050-$4200; efficiency $1500) Georgetown is home of Georgetown University, along with an upscale neighborhood known for its historic feel and friendly locale. Restaurants, bars, movies, attractive architecture, and a hip shopping environment appeal to many visitors and students. Expect to pay premium prices for accommodations. Georgetown is not accessible by Metro but is a short 15-minute walk to campus and is easily reached by buses that leave from the Foggy Bottom Metro. DuPont Circle (1 BR $1950) This neighborhood has been one of the trendiest areas of the city for some time. DuPont Circle features attractive streets and neighborhoods, nightlife, restaurants, private art galleries, limited parking and moderate to expensive apartments, and a Metro Stop (DuPont Circle) on the Red Line. Most of the shops and restaurants are on Connecticut Avenue, P Street and 17 th Street. Like Foggy Bottom, rents tend to be high but there are a lot of owner-rented apartments that can be reasonable. Note that DuPont is on the Red not the Orange and Blue Lines, which result in a minute Metro ride. However, there is a convenient Metro Bus and when the weather is nice a moderate walk or bike ride to the Foggy Bottom campus. Adams Morgan (1 BR $1700; efficiencies $1500) Perhaps more than any other neighborhood in Washington, Adams Morgan boasts an international flavor. You will find shops and restaurants with South American, African, and European motifs. It s also known for its nightlife. You will also find basement apartments and apartments in two- or three story buildings. This area is less expensive than DuPont Circle; however, parking is difficult and somewhat inconvenient as far as Metrorail is concerned. The 1

3 closest stops are Woodley Park and DuPont on the Red line and are a minute walk from Adams Morgan housing. Capitol Hill (1 BR 1900; efficiency $1750) Situated just east of the U.S. Capitol, the Capitol Hill is a moderate Metro or bike ride from campus. The area offers tranquil, tree-lined streets, two- and three-story row houses built around the turn of the century and several small parks. The Library of Congress, Union Station, Eastern Market, and museums on the Mall are within easy walking distance. Capitol Hill is a friendly neighborhood with a mixture of long-time students, government workers and other professionals, many single and married young couples. Three Metro lines serve Capitol Hill-the Red, Orange, and Blue Lines. Most who tend to choose this neighborhood will prefer to live within easy walking distance of the Eastern Market or Union Station, where there are a large number of shops, restaurants, and bars. Rental units are fairly affordable. Both apartments and entire houses can be rented on Capitol Hill. Glover Park (1 BR $1400-$1795; efficiencies avg. $1218 and other Neighborhoods in the District. As you move further north on I Street, NW from GWU, there are a number of great neighborhoods, which although further from campus, may be something you prefer. East of DuPont is a growing area, full of quaint neighborhoods, local restaurants, music, clubs, bars, and the NE Ist development in the city. East of 17 th street is a beautiful area, which is still walking distance to the DuPont Circle Metro Stop. Around 14 th Street there are a number of music clubs and restaurants/bars. To the north of U Street, just northeast of DuPont Circle, there are a number of hip bars, small cafes, and clubs. There is a Metro stop here also, U Street Cardozo, which is on the Green Line. It is a 30 minute Metro ride from GW and you need to transfer lines, or it is a 30 minute walk or a 10 minute bike ride to campus. Logan Circle and Thomas Circle are historic areas, currently being revived and renovated and are within walking distance to U Street. Apartments in this area are typically recently renovated townhouses and can be pricey, but the area on Massachusetts Avenue from 14 th Street to 17 th Street has a lot of high-rise style apartments. There are a few DC neighborhoods to consider even further north of Georgetown in distance by car or bike, but accessible by Metro. Many students live in Glover Park, north of Georgetown on Wisconsin Avenue, which is a quaint neighborhood with its own nightlife, but it is not on the Metrorail. Further north on Wisconsin Avenue is the neighborhood of Tenleytown (home of American University) with a number of single-family homes and some rental apartment buildings. Friendship Heights borders Maryland and is home to a couple of malls and a number of other shops and restaurants. Both Tenleytown and Friendship Heights are on the Metro Red Line. North of DuPont Circle on Connecticut Avenue (on the Red Line) is the neighborhoods of Woodley Park and Cleveland Park, situated to the south and north of the Washington Zoo, respectively. Woodley Park is a 15-minute walk to Adams Morgan. Cleveland Park also has the neighborhood feel with several restaurants and bars. A lot of the living quarters in these two areas are beautiful detached homes, and rental apartments can be found. Maryland Neighborhoods... Bethesda (1 BR 1300; 2 BR $1400-$1950; 3 BR $1750- $3250) Bethesda borders DC just to the north, and it is home to many young professionals in the area. Bethesda has hundreds of restaurants, most of them within convenient walking distance to the Metro stop on the Red Line. There are a lot of high-rise apartments in downtown and two-story and three-story apartments within walking distance to the Metro. Rents tend to be as expensive as some parts of DC. Bethesda is home to the National Institutes of Health. 2

4 Takoma Park ( 1 BR $700; 2 BR $1500-$2000; 3 BR $2199- $2800) Served by the Takoma stop on the Red Line, the Maryland town at the DC border is home to many artists and professionals. In contrast with much of DC, people live in single family detached homes. Apartments are available and entire houses are for rent or sale. Many people find the area ideal for raising families. This is an up and coming area and rents are increasing as a result. Parking is available. Silver Spring Area (1 BR $1,320-$1,450; 2 BR 1800-$3000) Just north of the DC city limits on 16 th Street is Silver Spring. Rents are cheaper than in most areas of DC, although the commute on the Metro can be minutes. There are a number of high-rise apartments here and some garden style too, but it does not have much of a neighborhood feel in most areas. Most places are Metro accessible to the Red Line and may require a short bus ride. Parking is available. Northern Virginia Neighborhoods... Northern Virginia has many advantages. It is only one or two Metro stops away on the Orange and Blue Lines. Rents tend to be lower than in Foggy Bottom, DuPont Circle or Georgetown. Arlington and Alexandria have a lot to offer as far as shopping and entertainment, and if you want to bring your car you can also find parking there. Orange Line Arlington/ Fairfax County (Efficiencies $880-$1900; one beds $915-$3400) Rosslyn is one stop away from Foggy Bottom, accessed by both the Blue and Orange Lines. The area immediately around the Metro stop is very commercial, but apartments and singlefamily homes are located in a 15-minute walking radius or closer. Rosslyn is convenient and offers some restaurants but is busiest during work hours. The area is gradually becoming more trendy and popular, with many students moving there. A nice bicycle path along the Potomac River starts in this area and Rosslyn is the home of the Iwo Jima Memorial. Courthouse A little livelier than Rosslyn and also on the Orange Line, this area has a number of bars, restaurants, and the AMC Courthouse movie theater. The apartments are primarily high rise luxury apartments but there are also a number of smaller two-story or three-story units in the vicinity. You can live very close to the Metro (5 minute walk). Clarendon Three stops away on the Orange Line, Clarendon has some wonderful ethnic and other popular restaurants and a vibrant nightlife with a cluster of some of Washington s favorite neighborhood bars. Fresh Fields (an organic supermarket) is located here, along with a new outdoor shopping area with popular stores like Barnes & Noble and Pottery Barn. The housing tends to be brand new luxury apartments but shared, large homes are also within an easy walking distance of the Metro. Ballston Five stops away from Foggy Bottom -12 minute ride. The area offers mostly high-rise luxury apartments and some single family, duplexes, and town houses. The Metro stop is right next to Ballston Commons Mall. There are some restaurants, retail complexes, and a movie theater in the Mall. East & Ist End Falls Church, Fairfax At the sixth and the seventh stop out from Foggy Bottom you ll find the East Falls and Ist Falls Metro (located just off the map above) stops. These areas have primarily single-family homes and may be the best places to consider if 3

5 you have a family with children as Fairfax County is known for its public and private schools. You may have a Metro commute of 20 minutes or so. The plethora of nearby stores, parks, and restaurants would add to your unique suburban experience. Blue Line Arlington/Alexandria (Efficiency - $850-$1,030; One beds $975-$3595) Pentagon City Pentagon City is an area that is rapidly growing and only 10 minutes by metro to Foggy Bottom. There are luxury high rises and smaller one and two family homes. It is also the home of the Fashion Center at Pentagon City, a four-story mall, complete with food court, and many popular stores. More apartment complexes and retail establishments (including a grocery and ice skating rink) recently opened. Crystal City You may find units in two-or three story buildings, but most of the units will be high-rise structures in this very commercial neighborhood. Crystal city is a 12- minute ride to Foggy Bottom. The area is convenient to shops (notably Crystal City Underground Shops) and to Foggy Bottom. Old Town Alexandria Accessible by the Braddock Road and King Street Metro stations, this historic neighborhood boasts restaurants, shopping, and the homes of Robert E. Lee and George Washington. The Carlyle area is growing with new highrise residences and a large AMC theater. The Del-Ray neighborhood is a very diverse, up and coming area bordering Old Town at the Braddock Road Metro stop. Should you have any additional housing related questions with your relocation to the Metro DC area, please contact 24/7, Ivan D. Miller, Jr. at idmiller94@gmail.com or To find out more about the Metro (public transportation system in DC) please visit All rentals rates are current as of March 31,