1706 1ST STREET NE
About This Property
The main level features gleaming hardwood floors, with a bright and inviting living room and a formal dining area- perfect for entertaining. A cozy breakfast nook off the well-appointed kitchen provides the ideal space for casual meals and morning coffee. Step outside onto the rear deck, where you can enjoy peaceful moments or host gatherings in your private outdoor retreat.
The lower level is equally impressive, with a separate private entrance from the alley, presents exciting possibilities for an in-law suite, rental potential, or a home office. Ideally located just blocks from Union Market and the NoMa-Gallaudet U (New York Ave.) Metro Station- this home offers unparalleled access to Chinatown, downtown DC and the vibrant Florida Ave/ NoMa corridor, known for its eclectic mix of shopping and dining. Don't miss this opportunity to own a thoughtfully updated home in one of DC's centrally located neighborhoods. OPEN : Sun 10 /26. 1-3 PM
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Cap Rate Calculator
What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 9, 2025 | Sold | ||
| Sold | |||
| Nov 4, 2025 | In contract | - | |
| In contract | |||
| Oct 22, 2025 | Price Decreased |
$799,000
↓ $21K
(2.6%) | |
| Price Decreased | |||
| Oct 7, 2025 | Price Decreased |
$820,000
↓ $19K
(2.3%) | |
| Price Decreased | |||
| Sep 5, 2025 | Price Decreased |
$839,000
↓ $10K
(1.2%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
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About Northeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017