2812 29TH PL NW
About This Property
This property is in a sought-after cul-de-sac location and only a short distance to the Woodley Park Metro, the National Zoo, and all of the restaurants and retail of the Connecticut Ave Commercial Corridor, and Dupont Circle just across the Taft Bridge. The location is a short commutes to all of the area's best private schools.
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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 |
|---|---|---|---|
| Jul 9, 2024 | Sold | ||
| Sold | |||
| Apr 15, 2024 | In contract | - | |
| In contract | |||
| Apr 11, 2024 | Listed by Washington Fine Properties, LLC | $3,495,000 | |
| Listed by Washington Fine Properties, LLC | |||
| Mar 25, 2020 | No longer available | - | |
| No longer available | |||
| Sep 25, 2019 | Price Decreased |
$1,769,000
↓ $80K
(4.3%) | |
| Price Decreased | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017