2207 RAND PL NE
About This Property
Show and Sell! The previous contract fell through due to financing. Appraised at over $1.1M! Instant equity for new buyer.
Interior Highlights:
Chef's Kitchen: Equipped with a 36" gas range with dual fuel, pot filler faucet, LG stainless steel refrigerator, convection/microwave oven, white custom cabinetry, a generous island, main and prep sinks, stainless steel dishwasher, elegant backsplash, and Calcutta Gold quartz countertops.
Main Level: Features two inviting living areas, a dining space, a versatile office/guest bedroom, and a full bathroom.
Upper Level: Includes a primary bedroom with a spacious walk-in closet and ensuite bath featuring a shower stall, soaking tub, and a beautiful vanity. Two additional bedrooms with ample closets, a full hallway bathroom with a standing shower, and a full-sized washer and dryer.
Lower Level: Boasts a second full kitchen with an electric cooktop, microwave, dishwasher, fridge with icemaker, quartz counters, and a stunning backsplash. With 7'4" high ceilings, two bedrooms with egress windows, and a walk-out to the rear yard, this level is perfect for a potential rental unit or an inviting guest suite.
Neighborhood and Development:
The area is poised for exciting development, with commercial properties across the street set to be redeveloped by Douglas Development.
Close to New City DC, a large-scale retail, restaurant, and residential development on Montana Ave and Bladensburg Road.
Situated in the desirable Langdon neighborhood, with nearby dining and entertainment hubs like the H St. NE district, Ivy City, and Union Market, all within a 5-minute drive.
Convenient access to grocery stores, shopping, downtown DC, and Maryland via New York Ave.
Only a couple of blocks from the entrance to the Arboretum!
Don't miss this opportunity to own a meticulously designed and strategically located residence. Experience the perfect blend of modern luxury and convenience in the heart of Washington, DC!
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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 |
|---|---|---|---|
| Aug 16, 2024 | In contract | - | |
| In contract | |||
| Aug 15, 2024 | Sold | ||
| Sold | |||
| Jul 7, 2024 | In contract | - | |
| In contract | |||
| May 9, 2024 | Listed by Century 21 Redwood Realty | $999,999 | |
| Listed by Century 21 Redwood Realty | |||
| Oct 28, 2021 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Northeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017