2913 GLOVER DR NW
About This Property
Expansive principal living spaces span the Main Level and include an airy Living Room complete with Wood-Burning Fireplace, charming St. Charles Kitchen, formal Dining Room with chair rails, and a lovely Sunroom that offers direct access to the enviable rear Deck and lush Yard. The guest quarters are located on the Upper Level and include a generous Primary Suite complete with Wood-Burning Fireplace, ample built-ins, Cedar Closet, and en-suite Bathroom. 3 spacious guest Bedrooms and a Full Bathroom are also located on the Upper Level. The Top Level provides the perfect setting for a home Office or additional Guest Room. The multifunctional, walkout Lower Level boasts a Recreation Room, Den, Full Bathroom and expansive Laundry and Storage Room. A 2-Car Detached Garage rounds out this serene city escape's amenities. Across the street, an entrance to Glover Archbold Park gives access to 183 acres featuring numerous trails leading south to Georgetown and the Potomac River, and West connecting to Battery Kemble Park.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 25, 2023 | Sold | ||
| Sold | |||
| Apr 29, 2023 | In contract | - | |
| In contract | |||
| Apr 21, 2023 | Listed by Washington Fine Properties, LLC | $2,250,000 | |
| Listed by Washington Fine Properties, LLC | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017