2235 PROUT ST SE
About This Property
The standout feature of this property is it's expansive land, offering both immediate potential and endless possibilities for those with a creative vision. Situated on a very deep and well-appointed lot, spanning almost a tenth of an acre, envision the myriad of opportunities that await you in this generous outdoor space-a haven for urban gardening, entertaining, or simply unwinding in your own private sanctuary.
Upon stepping inside, you'll be charmed by the timeless allure of beautiful, pine hardwood floors, lovingly preserved and gleaming with early 1900s character. The recently renovated kitchen boasts modern upgrades, ensuring both functionality and style for all your culinary endeavors. Additionally, the curved entry stairway adds a touch of elegance to the space, inviting you to unwind in style. 0
The large and completely covered front porch not only pays homage to Victorian architecture but also serves as a functional, fully covered, and enclosed space for all your secure home delivery needs.
The spacious bedrooms provide ample space for rest and relaxation. Meanwhile, the recently replaced roof and siding offer peace of mind and assurance for years to come, while central air conditioning ensures comfort in every season. The recently updated bathroom features a soaking tub adorned with beautiful custom tilework, adding a luxurious touch to your daily routine.
Moreover, the buyer of this home will come to appreciate the rich history of Southeast DC, a quadrant of the city that was once predominantly agricultural at the turn of the century. Today, 2235 Prout St's expansive yard offers a blank canvas for urban farming enthusiasts, with ample space for cultivation and creativity. Complete with a large shed and off-street parking, this property is truly a haven for those seeking a harmonious blend of urban convenience and suburban serenity.
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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 |
|---|---|---|---|
| Oct 9, 2024 | Sold | ||
| Sold | |||
| Sep 22, 2024 | In contract | - | |
| In contract | |||
| Jul 16, 2024 | Price Decreased |
$399,735
↓ $33K
(7.6%) | |
| Price Decreased | |||
| May 11, 2024 | Price Decreased |
$432,735
↓ $13K
(2.8%) | |
| Price Decreased | |||
| Apr 22, 2024 | Price Decreased |
$445,235
↓ $20K
(4.3%) | |
| Price Decreased | |||
Property Highlights
Building Info
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Price/ft²
Listed On
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About Southeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017