3219 MORRISON STREET NW
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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 13, 2025 | Sold | ||
| Sold | |||
| Feb 27, 2025 | Listed | $2,200,000 | |
| Listed | |||
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You will love this one! An expanded and meticulously maintained 1920s home with tall ceilings, beautiful moldings, and hardwood flooring throughout. This picturesque home greets you with a charming screened-in front porch. Main level features gracious dining room and living room and kitchen opening to breakfast area and family room. Family room has French doors opening to level rear patio. The upper level has four bedrooms, inclusive of private primary suite with two custom closets and luxurious bath, and laundry room. The lower level recreation room, garage and additional off-street parking complete this special property. New roof in 2023. Steps to Broad Branch Market, Lafayette Elementary, the shops along Connecticut Avenue and Rock Creek Park. Open Sunday, March 23rd, 1-3pm
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017