3255 PROSPECT ST NW #3
About This Property
Co-listers are Anne Hatfield Weir, Jamie Peva, Heidi Hatfield and Craig Davidian.
Luxury and Location. Elegant and distinctive brand new construction in heart of Georgetown north of M Street (yes you read that right!) in boutique 5-unit building with a stunning open floor plan & exquisite finishes. Concierge is 9:00AM to-5:00PM seven days a week. Soaring 10' ceilings throughout, oversized windows and doors offering both courtyard and city views, 7″ wide knotless White Italian Oak flooring; gas fireplace, wireless Lutron lighting and window coverings, Italian Snaidero designer kitchens with high end appliances, sleek high-gloss lacquer cabinetry and expansive countertops made of Caesarstone quartz present a sophisticated canvas for entertaining and gourmet cooking.
The Elliott has one residence per floor, with an elevator that opens directly into the main living area or to the service corridor of each unit. Unit 3 has secure garage parking for two cars and a private storage room on the garage level. The large elevator can deliver you and your suitcases/groceries straight from the garage to your apartment. Generous-sized bedrooms bathed in light offer an oasis inside the city. Exceptional window insulation and a commercial noise filtering design ensure a serene sanctuary.
Spacious baths are custom designed by Snaidero utilizing neutral tones and top-tier materials, with features that include primary bedroom steam showers, custom vanities and heated flooring. Baths are tiled floor to ceiling in Italian Marazzi Classentino marble and feature polished chrome Crosswater London and Grohe fixtures. Private 130 sq foot storage room in the garage.
This is truly a one of a kind offering.
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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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.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
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Price History
Date / Event | Date | Event | Price |
---|---|---|---|
Aug 5, 2024 | Relisted | $6,900,000 | |
Relisted | |||
Aug 5, 2024 | No longer available | - | |
No longer available | |||
May 3, 2023 | Listed by Washington Fine Properties, LLC | $6,900,000 | |
Listed by Washington Fine Properties, LLC |
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|---|---|---|---|---|---|---|---|
05/03/2023
|
3 Bed
|
4 Bath
|
3527 ft²
|
$7,750,000
3 Bed
4 Bath
3527 ft²
|
$7,350,000
-5.16%
06/20/2024
|
-
|
Anne Hatfield Weir
Washington Fine Properties
| |
05/03/2023
|
2 Bed
|
3 Bath
|
2135 ft²
|
$3,250,000
2 Bed
3 Bath
2135 ft²
|
$3,250,000
09/14/2023
|
-
|
Anne Hatfield Weir
Washington Fine Properties
| |
07/29/2017
| |
7 Bed
|
11 Bath
|
16000 ft²
|
-
7 Bed
11 Bath
16000 ft²
|
-
-
|
-
|
-
|
Building Info
- 3 Units for Sale
About Northwest Washington
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