$865,000
●
House -
Off Market
2241 S ST NE
WASHINGTON, DC 20002
4 Beds
3 Baths,
1
Half Bath
1,418 Ft²
$4,248
Est. Monthly
About This Property
Spacious brick rambler situated on a large corner lot just outside
the National Arboretum. Much larger than it appears - almost
3000 sq ft. The current owners have lovingly cared for and
maintained this home.
The new owner will be very lucky to have a new roof, windows, plumbing, electric, a/c, kitchens, bathrooms, etc. So many special features: covered front porch, fenced back yard, integral garage with new door and garage door opener plus 2 off street parking spaces, gas and wood burning fireplaces, irrigation system in backyard. Lower level features a bedroom, den, full bath and 2nd kitchen - it would make the perfect Airbnb or in law suite! You'll get the best of both worlds with toasty radiator heat and new central A/C. Freshly painted throughout and totally move in ready. Qualified for George Mason's $10,000 grant.
The new owner will be very lucky to have a new roof, windows, plumbing, electric, a/c, kitchens, bathrooms, etc. So many special features: covered front porch, fenced back yard, integral garage with new door and garage door opener plus 2 off street parking spaces, gas and wood burning fireplaces, irrigation system in backyard. Lower level features a bedroom, den, full bath and 2nd kitchen - it would make the perfect Airbnb or in law suite! You'll get the best of both worlds with toasty radiator heat and new central A/C. Freshly painted throughout and totally move in ready. Qualified for George Mason's $10,000 grant.
Unit Size
1,418 Ft²
Days on Market
-
Land Size
0.15 acres
Price per sqft
$610
Property Type
House
Property Taxes
$296
HOA Dues
-
Year Built
1938
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 years ago (Bright MLS #DCDC2118212)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 29, 2024 | Sold | ||
| Sold | |||
| Jan 14, 2024 | In contract | - | |
| In contract | |||
| Dec 12, 2023 | Relisted | $865,000 | |
| Relisted | |||
| Nov 26, 2023 | No longer available | - | |
| No longer available | |||
| Nov 13, 2023 | Price Decreased |
$889,000
↓ $11K
(1.2%) | |
| Price Decreased | |||
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Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Northeast Washington
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Listed by: Amanda Hursen
RLAH @properties
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# DCDC2118212
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RLAH @properties
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# DCDC2118212
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