$223,500
●
House -
Off Market
2640 STANTON ROAD SE
WASHINGTON, DC 20020
2 Beds
2 Baths
868 Ft²
$309,139
RealtyHop Estimate
26.18%
Since Aug 1, 2020
DC-Washington
Primary Model
About This Property
Welcome to Opportunity! Property has been emptied of debris
and remaining appliances, and yard cleaned since recent photos were
taken. Change of Seller's plans gives fortunate Buyer
benefits of Seller's investments to prepare property for rehab and
construction. Listing includes 2640 Stanton Rd SE AND new
lot: 1433 Howard Rd SE, TAX ID 5870//0146; and building
permit and plans. Build one or build two comfortable homes!
Stanton Rd plans flexible for 2-3 Bedrooms; 2-3 Baths! Bring your
dreams and your creativity. DCRA mentions house is in an
Opportunity Zone; investors may be eligible for preferential tax
treatment. NOTE: Dwelling has been gutted: enter
at your own risk and with CAUTION! New building permit
expires 7/30/2020; buyer must have own contractors apply for all
other permits.
Unit Size
868 Ft²
Days on Market
-
Land Size
0.05 acres
Price per sqft
$282
Property Type
House
Property Taxes
$444
HOA Dues
-
Year Built
1910
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Cap Rate Calculator
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Cap Rate
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: 10 months ago (Bright MLS #DCDC455212)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Mar 20, 2021 | In contract | - | |
| In contract | |||
| Mar 10, 2021 | Price Increased |
$420,000
↑ $21K
(5.3%) | |
| Price Increased | |||
| Mar 3, 2021 | Price Decreased |
$399,000
↓ $30K
(7%) | |
| Price Decreased | |||
| Feb 21, 2021 | Price Decreased |
$429,000
↓ $10K
(2.3%) | |
| Price Decreased | |||
Show More
Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southeast Washington
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Listed by: Sandy Chee
Corcoran McEnearney
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DCDC455212
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
Corcoran McEnearney
Last Updated: 2 hours ago
Data Source: Bright MLS , MLS# DCDC455212
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