3040 GARRISON ST NW
About This Property
The main level welcomes you with a gracious foyer, a gourmet kitchen with an eat-in area. It also features a large formal dining room, a formal living room, an office or main floor bedroom, a powder room, a sunroom, and a spacious storage room.
Upstairs, you'll find three bedrooms and two bathrooms, including a generous primary suite with an attached office or nursery. The second level is completed with two additional bedrooms and a Jack-and-Jill bathroom.
The lower level is a relaxing dream, offering impressive recreation rooms, a bar, wine storage, and an additional den or bedroom.
Conveniently located with easy access to Rock Creek Park, as well as the shops and dining along Connecticut Avenue.
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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 |
|---|---|---|---|
| Mar 11, 2025 | Sold | ||
| Sold | |||
| Feb 5, 2025 | Listed by Compass | $1,895,000 | |
| Listed by Compass | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017