31 MILMARSON PLACE NW
About This Property
31 Milmarson Pl NW, a fully detached four bedroom home in the heart of Manor Park. This property blends the classic colonial architecture that the neighborhood is known for with thoughtful modern upgrades that make daily living easy and comfortable. The brick and siding exterior, fully fenced backyard, and mature hardscape create a quiet and private setting that feels like a true retreat in Northwest DC.
Inside, the home has beautiful hardwood floors, a traditional layout, and an impressive family room addition with vaulted ceilings that gives the main level a rare sense of volume and light. The kitchen, baths, and core systems have been updated over time, and everything is in strong move in condition with room for future cosmetic updates if desired. Storage throughout the home is generous and well planned.
The lower level has a separate entrance and is set up to function as an additional living space now or an income producing unit in the future. It is flexible, bright, and highly practical for guests, long term planning, or added value.
One of the standout features is the converted and climate controlled attic level. It is currently used as an office and serves as the fourth bedroom or a great work from home or recreation space. This extra interior square footage is something buyers usually only see in newer construction, yet here it comes without the premium and with the added benefit of a real backyard, a fenced and finished outdoor area, and off street parking.
The location is one of the strongest selling points. Manor Park offers quiet residential blocks, access to multiple metro stations, and close proximity to Kennedy Street restaurants and retail, the Takoma commercial district, Riggs Park, Petworth, and the growing Parks at Walter Reed development. A newly completed walking and biking path runs from the neighborhood directly toward the Takoma Park Metro station and downtown Takoma, creating an easy and scenic route for commuters and weekend errands. The home is also walkable to Fort Totten Metro, giving buyers strong multi-line connectivity across the city.
Single family detached homes continue to be one of the strongest performing asset classes in Washington DC. Securing a property like this in Northwest for under one million dollars, with room for further upgrades and long term appreciation, is an opportunity that rarely comes together at once. Thirty one Milmarson delivers the classic charm, the modern function, and the location that buyers are looking for in today's market.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Apr 24, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Mar 10, 2026 | Price Decreased |
$849,031
↓ $20K
(2.3%) | |
| Price Decreased | |||
| Feb 20, 2026 | Price Decreased |
$869,031
↓ $16K
(1.8%) | |
| Price Decreased | |||
| Jan 17, 2026 | Price Decreased |
$885,031
↓ $64K
(6.7%) | |
| Price Decreased | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
About Northwest Washington
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
$9,000 /mo
- 5 Beds
- 2 Baths
- 3,310 ft²
$6,600 /mo
- 3 Beds
- 3 Baths
- 1,538 ft²
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017