1852 3RD ST NW #B
About This Property
Upon entering, you'll notice the 10 ft soaring ceilings with an open floor plan between the dining, living, kitchen space and adorable work station located in the dogleg. This great room features some quintessential DC characteristics including the Bayfront windows and exposed brick. The kitchen is complete with high-end Porcelanosa cabinets, stainless steel Samsung appliances, quartz countertops and separate WALK-IN PANTRY. Down the hallway you'll find two bedrooms including a primary suite with walk-in closet, Western exposure and large bathroom with a double floating vanity.
Looking for a condo with a ton of storage? This home features three separate closets, the pantry and a massive utility/laundry room. All window treatments throughout the home are Lutron, the closets have been updated with Elfa systems and both bathrooms are Porcelanosa. Outside you'll find a common courtyard for the building and the off-street parking spot with roll top garage gate. This lovely home is located in the Epsilon Condominium, a 3-unit condo conversion with incredibly low fees ($200/mo).
With a Walkscore of 96 and only 4 blocks to the Shaw-Howard Metro, 1852 3rd St NW #B is nestled on tree-lined streets of LeDroit Park just below Anna Cooper Circle and near Crispus Atticus Park, creating a small neighborhood environment, while only moments from the Bloomingdale Farmers Market, Shaw's Tavern, endless restaurants, nightlife, shops, and more. Don't forget to check out the latest development at McMillan Reservoir which will surely add long term value.
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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.
You can learn more about cap rate here .
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Nov 1, 2024 | Sold | $775,000 | |
Sold | |||
Oct 18, 2024 | In contract | - | |
In contract | |||
Oct 3, 2024 | Listed by Compass | $799,900 | |
Listed by Compass | |||
Aug 22, 2016 | Listed by TTR Sotheby's International Realty | $669,000 | |
Listed by TTR Sotheby's International Realty | |||
|
|||
Sold as a private exclusive prior to listing. Stunning new 3-unit
condo conversion in LeDroit Park!
|
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
11/12/2020
|
2 Bed
|
2 Bath
|
1279 ft²
|
$549,900
2 Bed
2 Bath
1279 ft²
|
$547,500
-0.44%
01/27/2021
|
Craig McCullough
|
||
05/30/2019
|
2 Bed
|
2 Bath
|
1279 ft²
|
$579,990
2 Bed
2 Bath
1279 ft²
|
-
-
|
-
|
-
|
|
09/06/2018
|
2 Bed
|
2 Bath
|
1545 ft²
|
-
2 Bed
2 Bath
1545 ft²
|
-
-
|
-
|
-
|
|
08/22/2016
|
2 Bed
|
2 Bath
|
1465 ft²
|
$669,000
2 Bed
2 Bath
1465 ft²
|
$669,000
08/22/2016
|
-
|
Justin Kitsch
TTR Sotheby's International Realty
|
Building Info
- 1 Unit for Sale
About Northwest Washington
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