4437 FARADAY PLACE NW
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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.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 24, 2024 | Sold | ||
| Sold | |||
| May 1, 2024 | In contract | - | |
| In contract | |||
| Apr 24, 2024 | Listed by TTR Sotheby's International Realty | $1,295,000 | |
| Listed by TTR Sotheby's International Realty | |||
| | |||
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A gracious and light-filled foyer welcomes you into this special home. The main level boasts an open layout connecting the kitchen, dining, and living areas, which are perfect for entertaining or intimate gatherings. The gorgeous, renovated kitchen with stainless steel appliances and marble countertops is adjacent to a side deck that is perfect for grilling. The dining room, complete with custom cabinets and a hardwood buffet, opens to the living room which features a wood-burning fireplace and built-in bookshelves. A powder room and separate front-porch entrance complete the first floor. On the second floor, you'll find three bedrooms, a full hall bath, and a half bath attached to the primary bedroom. All three bedrooms are flooded with natural light. The walkout lower level is a flexible space which provides room for guests, a full bath, a large laundry room, and a generous store room. This lovingly maintained, light-filled 3BR/2FB/2HB home is nestled on Faraday Place, one of the quietest streets in AU Park. Every part of this classic home has been tastefully and thoughtfully improved. There is plenty of patio space for entertaining in the professionally-landscaped and fully-fenced backyard. The covered front porch is perfect for visiting with friends and neighbors. The location provides easy access to local schools, Ft. Bayard Park, two Whole Foods grocery stores, Target, and numerous restaurants. So convenient to everything you might need, 4437 Faraday Place is two blocks to neighborhood favorite, Rodman's Discount Gourmet, .4 miles to the Friendship Heights Metro, and less than a mile to the Tenleytown Metro stop. Welcome home!
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| Nov 12, 2020 | Sold | ||
| Sold | |||
| Oct 14, 2020 | Listed by Premier Properties, LLC | $1,195,000 | |
| Listed by Premier Properties, LLC | |||
Property Highlights
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017