408 SEWARD SQ SE #1
About This Property
As you step inside, you'll be greeted by an inviting interior that effortlessly blends classic architectural details with contemporary finishes. The main floor living area is bathed in natural light from 13-foot-tall ceilings and a beautiful bay window overlooking Seward Square, creating an elegant and inviting ambiance. Newly refinished hardwood flooring flows throughout and a half bathroom adds convenience and versatility to the living space.
The thoughtfully designed kitchen features sleek quartz countertops with marble veining, stainless steel appliances, and ample storage space, making it a culinary haven for aspiring chefs and casual cooks alike. Built-in cabinetry provides additional storage in the flexible dining, living, or work-from-home space. The spacious bedroom offers a serene retreat, complete with generous closet space. The full bathroom is a tranquil oasis, featuring modern fixtures and a stylish design. This condo is part of an intimate, historic building with only eight units, providing a sense of exclusivity and privacy. Enjoy easy access to the building's shared outdoor space and laundry room from the back door of the unit.
Boasting a prime location, 408 Seward Sq is within walking distance of some of Washington, DC's most iconic landmarks. Immerse yourself in the rich history and vibrant culture of the nation's capital with easy access to The Capitol Building, Eastern Market, and Marine Barracks. Experience the epitome of urban living with an array of dining options from casual favorites Santa Rosa Taqueria, Hawk 'n' Dove, and Call Your Mother to fine dining at Rose's Luxury and Little Pearl within blocks. Enjoy the convenience of Starbucks and Trader Joe's just steps away.
Don't miss the opportunity to own this meticulously renovated condo in the heart of Capitol Hill. Embrace the unique blend of history and contemporary living that this home offers. Schedule your private viewing today and prepare to embark on a new chapter of city living at 408 Seward Sq SE.
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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 |
|---|---|---|---|
| Jul 18, 2023 | Sold | ||
| Sold | |||
| Jun 29, 2023 | In contract | - | |
| In contract | |||
| Jun 22, 2023 | Listed by TTR Sotheby's International Realty | $599,000 | |
| Listed by TTR Sotheby's International Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
06/22/2023
|
1 Bed
|
2 Bath
|
902 ft²
|
$599,000
1 Bed
2 Bath
902 ft²
|
$590,000
-1.50%
07/18/2023
|
Leslie Backoff
TTR Sotheby's International Realty
| |
|
10/07/2020
|
1 Bed
|
2 Bath
|
669 ft²
|
$425,000
1 Bed
2 Bath
669 ft²
|
-
-
|
-
|
Building Info
- 1 Unit for Sale
About Southeast Washington
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Phone: 425-283-2930
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