2600 3RD STREET N
About This Property
Convenience meets style on the main level with a bedroom suite, chic powder room, and a fully functional mudroom with built-ins. Upstairs, the luxurious primary suite includes a private balcony, walk-in closet with organizers, and a spa-inspired bath complete with a freestanding tub, triple-head shower with body jets, heated Toto bidet toilet, and more. Three additional bedrooms each offer ensuite baths and ample storage, and the upper level also includes a well-appointed laundry room and access to a private rooftop deck. The lower level is a true oasis with 9-foot ceilings, a walk-out recreation room, wet bar, wine display room with French doors, a flexible gym or studio space, and a private guest suite. Enjoy outdoor living on the covered rear porch and in the spacious, fenced backyard. Additional features include a two-car garage with epoxy flooring and EV charging capability. All of this, just minutes from Clarendon Metro, Downtown D.C., The Pentagon, National Landing, and local parks and trails - a perfect blend of modern elegance and walkable urban lifestyle.
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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%.
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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.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017