5718 3RD STREET NW
About This Property
Step into this enchanting 1931 four-bedroom, three-bathroom home that perfectly blends timeless character with contemporary convenience. Nestled on picturesque 3rd Street NW, this light-filled residence features an inviting layout ideal for both relaxed living and stylish entertaining. Original architectural details offer a nod to its historic roots, while thoughtful updates ensure everyday comfort.
Enjoy your morning coffee on the lovely front porch overlooking the park-a true urban sanctuary. The versatile basement in-law suite adds flexibility, while the garage provides coveted city convenience. A cedar privacy fence has been ordered and is forthcoming.
With sweeping views of Fort Slocum and just moments from the vibrant Walter Reed redevelopment, local cafes, and parks (like Takoma Recreation Center and Aquatic Center), you'll experience the perfect balance of tranquility and connectivity. This is Washington living at its finest.
Extensive improvements and updates made on this beautiful home. See Documents for the list.
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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 |
|---|---|---|---|
| Aug 27, 2025 | Price Decreased |
$849,990
↓ $10K
(1.2%) | |
| Price Decreased | |||
| Aug 26, 2025 | Sold | ||
| Sold | |||
| Jul 27, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Listed by Compass | $849,999 | |
| Listed by Compass | |||
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