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Map
3251 PROSPECT ST NW #309
About This Property
This 2 level, 1-bedroom, 1-bathroom residence boasts large, floor-to-ceiling windows in light-filled rooms with 9'+ ceiling heights and hardwood flooring throughout the main level. The updated kitchen features upgraded countertops, stainless steel appliances, brushed gold fixtures, recessed lighting, and a breakfast bar for casual seating. Step down into the bedroom level, which includes a full bath and convenient in-unit laundry.
The Madelon is home to arguably the best rooftop pool in Georgetown, where you have access to a built-in gas grill, outdoor bar, pergola-covered dining area, and are surrounded by beautifully maintained flower pots. Enjoy panoramic views of the Washington Monument and the best view in town for the 4th of July fireworks.
Secure on-site garage parking does not convey & can be rented at $279 per month per space through the condo association (pending availability). Guest parking is available hourly at the rates posted in the garage. Pets are welcome, but limited to a maximum of either one dog or one cat. Only after two full years of ownership may you rent the unit, and all leases must be for no less than a one-year term and must be approved by the Board first. ***The special assessment of $16,350 has already been paid in full by Seller.***
With everything within reach, you can enjoy a nice stroll to the Georgetown Waterfront, walk a block to go shopping on iconic M Street, or step out of the building for brunch at either Cafe Milano or Peacock Cafe, which are right on either side of you. This location makes Unit #309 a great option for a pied-a-terre, owner-occupied condo, or even as housing for a Georgetown University student, who only has a short 0.5-mile commute to get to class.
Listed By
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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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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Oct 16, 2024 | Price Decreased |
$674,900
↓ $25K
(3.6%) | |
Price Decreased | |||
Sep 20, 2024 | Listed by Berkshire Hathaway HomeServices PenFed Realty | $699,900 | |
Listed by Berkshire Hathaway HomeServices PenFed Realty | |||
Jun 9, 2021 | Sold | ||
Sold | |||
Apr 26, 2016 | Sold to Denise And Marc Staudt Fami... | ||
Sold to Denise And Marc Staudt Fami... | |||
Aug 6, 2013 | Sold to Anjulen A Anderson, Brendan... | ||
Sold to Anjulen A Anderson, Brendan... |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/30/2024
|
1 Bed
|
1 Bath
|
803 ft²
|
$699,900
1 Bed
1 Bath
803 ft²
|
$730,000
+4.30%
06/18/2024
|
-
|
Scott Sachs
Compass
| |
11/17/2023
|
1 Bed
|
1 Bath
|
1100 ft²
|
$995,000
1 Bed
1 Bath
1100 ft²
|
$947,500
-4.77%
04/11/2024
|
-
|
James C. Peva
Washington Fine Properties, LLC
| |
10/18/2023
|
1 Bed
|
2 Bath
|
1100 ft²
|
$925,000
1 Bed
2 Bath
1100 ft²
|
$925,000
11/03/2023
|
-
|
Jennifer Smira
Compass
| |
11/04/2022
|
2 Bed
|
2 Bath
|
1507 ft²
|
$1,125,000
2 Bed
2 Bath
1507 ft²
|
$1,095,000
-2.67%
05/22/2023
|
-
|
Michael Brennan
Compass
| |
10/29/2022
| |
2 Bed
|
2 Bath
|
-
|
$1,100,000
2 Bed
2 Bath
|
-
-
|
-
|
Terri Robinson
Georgetown
|
07/15/2022
|
5 Bed
|
5 Bath
|
3475 ft²
|
$2,800,000
5 Bed
5 Bath
3475 ft²
|
$2,390,000
-14.64%
11/18/2022
|
-
|
Matthew Koerber
TTR Sotheby's International Realty
| |
03/24/2022
|
3 Bed
|
3 Bath
|
2622 ft²
|
$2,250,000
3 Bed
3 Bath
2622 ft²
|
-
-
|
-
|
Anne Hatfield Weir
Washington Fine Properties
| |
07/19/2020
|
1 Bed
|
1 Bath
|
873 ft²
|
$655,000
1 Bed
1 Bath
873 ft²
|
-
-
|
-
|
-
| |
04/03/2020
|
1 Bed
|
1 Bath
|
760 ft²
|
$550,000
1 Bed
1 Bath
760 ft²
|
-
-
|
-
|
-
| |
04/03/2020
|
2 Bed
|
2 Bath
|
1100 ft²
|
$829,000
2 Bed
2 Bath
1100 ft²
|
-
-
|
-
|
-
| |
03/27/2020
|
1 Bed
|
1 Bath
|
1100 ft²
|
$789,000
1 Bed
1 Bath
1100 ft²
|
-
-
|
-
|
-
| |
07/19/2019
|
2 Bed
|
2 Bath
|
1145 ft²
|
$875,000
2 Bed
2 Bath
1145 ft²
|
-
-
|
-
|
-
| |
03/20/2019
| |
2 Bed
|
3 Bath
|
-
|
$945,000
2 Bed
3 Bath
|
-
-
|
-
|
-
|
07/02/2018
|
5 Bed
|
5 Bath
|
3550 ft²
|
-
5 Bed
5 Bath
3550 ft²
|
-
-
|
-
|
-
| |
09/07/2018
|
1 Bed
|
1 Bath
|
866 ft²
|
-
1 Bed
1 Bath
866 ft²
|
-
-
|
-
|
-
| |
09/04/2018
| |
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
-
|
08/23/2018
|
2 Bed
|
3 Bath
|
1275 ft²
|
-
2 Bed
3 Bath
1275 ft²
|
-
-
|
-
|
-
| |
03/22/2018
|
2 Bed
|
2 Bath
|
1500 ft²
|
-
2 Bed
2 Bath
1500 ft²
|
-
-
|
-
|
-
| |
07/30/2017
| |
5 Bed
|
5 Bath
|
3550 ft²
|
-
5 Bed
5 Bath
3550 ft²
|
-
-
|
-
|
-
|
11/18/2012
|
1 Bed
|
1 Bath
|
866 ft²
|
$655,000
1 Bed
1 Bath
866 ft²
|
$605,000
-7.63%
12/12/2012
|
-
|
Carol Simmons
Coldwell Banker Realty
|
Building Info
- 3 Units for Sale
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