406 BRANDYWINE STREET SE
About This Property
Opportunity knocks at 406 Brandywine St. SE in Washington, DC. This solid property is perfect for investors or savvy buyers looking to add value without starting from scratch. This is not a complete tear-down and already features several important updates that provide a strong foundation for renovation and future equity.
Recent improvements include a new roof (2024), new hot water heater, new washer and dryer, and new toilets, helping reduce immediate capital expenses. The home offers 2 bedrooms, 1.5 bathrooms, and a finished walk-out basement, providing additional living space and flexibility for future improvements or rental potential.
Outside, you'll find a large, fully fenced yard, ideal for outdoor living, entertaining, or expanding the property's appeal. The walk-out basement enhances usability and adds to the home's overall functionality.
Whether you're looking to renovate and resell, hold as a rental, or customize for long-term ownership, this property offers excellent upside potential in a convenient SE DC location.
Sold strictly AS-IS.
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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 |
|---|---|---|---|
| May 14, 2026 | Sold | ||
| Sold | |||
| Apr 8, 2026 | In contract | - | |
| In contract | |||
| Mar 13, 2026 | Price Decreased |
$269,000
↓ $11K
(3.9%) | |
| Price Decreased | |||
| Feb 13, 2026 | Listed by The Home Team Realty Group, LLC | $280,000 | |
| Listed by The Home Team Realty Group, LLC | |||
Property Highlights
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About Southeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017