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3405 CARPENTER STREET SE
About This Property
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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 |
|---|---|---|---|
| Nov 7, 2025 | Listed | $725,000 | |
| Listed | |||
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Welcome to 3405 Carpenter Street SE, a beautifully renovated gem nestled in the peaceful Fort Dupont Park neighborhood—adjacent to Hillcrest and just minutes from downtown DC. Set on a quiet, tree-lined street with sweeping views of the city, this home offers the ideal blend of sophisticated elegance, thoughtful upgrades, and natural serenity.
From the moment you arrive, you’ll appreciate the expansive front yard, generous off-street parking, and classic curb appeal. Inside, the open-concept layout is filled with natural light and highlights contemporary finishes throughout. The inviting living room features gleaming hardwood floors, a cozy fireplace, and large windows that bathe the space in warm sunlight.
The chef’s kitchen is both stylish and functional, outfitted with quartz countertops, stainless steel appliances, and custom cabinetry. The fully remodeled bathrooms evoke spa-like tranquility with elegant tilework and modern fixtures. Upstairs, the bedrooms offer a sense of cozy retreat, while the sunroom/bonus room on the main floor—located just off the kitchen—captures the afternoon sun and creates the perfect space to relax or unwind. This room leads directly to one of the home’s standout features: an indoor pool at the rear of the home.
This 3-bedroom, 2.5-bathroom single-family residence has been renovated from top to bottom, including:
New roof.
New HVAC system.
New water heater.
New appliances.
New kitchen & bathrooms.
New pool filtration system.
Yes, that's right—this rare indoor pool offers year-round enjoyment and a low-maintenance lifestyle for those who love to swim or entertain. The finished basement adds flexible space for a game room, home theater, or family lounge. There’s also an attached one-car garage and a private driveway, offering ample space for multiple vehicles.
Conveniently located near Capitol Hill, popular shops, restaurants, fitness centers, and just steps from green space and nature trails, this home is a true urban retreat.
Whether you're hosting friends, spending time with family, or simply seeking a peaceful sanctuary in the city, this home truly offers it all. Schedule your private tour today and experience your own slice of paradise in one of Southeast DC’s most desirable neighborhoods.
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| Mar 31, 2023 | Sold | ||
| Sold | |||
| Mar 16, 2023 | In contract | - | |
| In contract | |||
| Feb 28, 2023 | Listed by RE/MAX Gateway, LLC | $477,090 | |
| Listed by RE/MAX Gateway, LLC | |||
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Estate Sale Selling Strictly "AS IS" - Please Include GCAAR Form 1332 "Addendum of Clauses - A" with Paragraph 3 Selected ("Additional 'As Is' Provisions") * Complete Renovation Opportunity in DC's Hillcrest Neighborhood * Not Habitable for Conventional/VA/FHA Financing Purposes - Cash or Hard Money Only * Three Levels with Enclosed Pool Room in Rear & Side Mechanical Room Addition * See Online Photos, Floor Plan, Plat * Listing Agent is Exclusively Representing Seller - Interested Buyers Should Engage a Buyer Agent for Showings & Offers * List Price Reflects 2023 DC Tax Assessed Value * 3/10/2023 UPDATE: SELLER IS REVIEWING MULTIPLE OFFERS RECEIVED
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Property Highlights
Building Info
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Price/ft²
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About Southeast Washington
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Phone: 425-283-2930
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