2940 NW GARFIELD TER NW
About This Property
This privately-set and sun-drenched home in the desirable Woodley Park neighborhood of Washington, D.C. offers the perfect blend of elegance and functionality. With 4 bedrooms and 3.5 baths, it provides ample space for comfortable living. One of the standout features of this home is the full-sized elevator - offering convenience and accessibility to all three levels. The updated kitchen has more than enough counter space for cooking and baking! Endless cabinets for all of your dishes and cookware! The adjoining dining room boasts even more space for gatherings big and small. The large windows welcome beautiful, expansive views of the rear garden. Hardwood floors throughout add warmth and charm to the interior. The elegant and large living room leads to the skylit sunroom creating a tranquil and inviting space for reading and enjoying your morning coffee or evening cocktail. The back deck and large backyard offer excellent outdoor space for gatherings and relaxation, while the back patio and garden provide another area for outdoor enjoyment. The partially above ground basement has separate rear access/egress and offers room for in-laws, nanny/au pair stays and enough storage space for all of your suitcases, Costco purchases and holiday decorations. There is easy driveway and on-street parking. Situated on a cul-de-sac street with just twenty-two homes, the location ensures peace and privacy while still being close to all the amenities and attractions that Woodley Park and Washington, D.C. have to offer. This home truly offers the best of both worlds – a serene retreat in the heart of DC. Just a few minutes walk/drive to Metro, shops, restaurants, retail establishments and schools.
All offers due by Tuesday, March 5, 2024 by 6pm.
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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 |
|---|---|---|---|
| Apr 22, 2024 | Sold | ||
| Sold | |||
| Mar 6, 2024 | In contract | - | |
| In contract | |||
| Feb 29, 2024 | Listed by TTR Sotheby's International Realty | $1,875,000 | |
| Listed by TTR Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017