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3207 MORRISON STREET NW
About This Property
Full of charm and character, this special home offers large-scaled rooms and generous proportions. Throughout the home you'll be taken with the beautiful hardwood flooring, lovely natural light, and high ceilings.
A stately exterior and inviting front porch set the tone. Inside, the double living room is anchored by a fireplace and the kitchen features a custom island and built-in window seating. A proper dining room is ready for everything from weeknight meals to holiday gatherings. A mudroom with a sink for play, art projects, and coming and going from the rear garden and yard. A half bath completes the main level.
Upstairs offers a flexible floor plan with two bedrooms plus a den and a full bath. The primary suite offers a walk-in closet as well as space for a desk. With just a few simple changes, this level could be reconfigured to offer a traditional layout. Enjoy both front and rear porches with tree-top views. The large third level is a dream, with its own full bath, and could easily serve as a second primary suite.
The renovated lower level includes a kitchenette, a second washer/dryer, bedroom space, and a full bath, along with a dedicated exterior entrance and access to the laundry. It's a comfortable setup for long-term guests, ideal for an au-pair, or could even be a way to generate rental income. There are several wonderful storage closets and areas as well.
Outside, the rear deck and yard are made for dining al fresco, play, and gardening. The spacious garage offers plenty of options: set it up to charge an electric car, store camping gear, or turn it into a tinkerer's dream workshop.
The location puts you close to the heart of the neighborhood. Lafayette-Pointer Park offers multiple playgrounds, tennis courts, a basketball court, and a baseball field. On weekends, visit the farmers market at the corner of Broad Branch and Northampton or on a busy weeknight pick up dinner to go from Broad Branch Market. Connecticut Avenue, Rock Creek Park, and countless local businesses are all close by.
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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 |
|---|---|---|---|
| Oct 18, 2026 | In contract | - | |
| In contract | |||
| Oct 15, 2026 | Price Decreased |
$1,695,000
↓ $80K
(4.5%) | |
| Price Decreased | |||
| Oct 1, 2026 | Listed by Compass | $1,775,000 | |
| Listed by Compass | |||
| Jun 28, 2024 | Sold | ||
| Sold | |||
| Jun 10, 2024 | In contract | - | |
| In contract | |||
Property Highlights
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017