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6031 3RD STREET NW
About This Property
The home's inviting front porch with a tongue-and-groove ceiling leads into a spacious living room with a brick fireplace flanked by built-ins. A casement opening connects the living room to the dining room, accented by a ceiling medallion and a modern chandelier. The dining area flows into the updated kitchen featuring a stainless-steel Samsung appliance suite, a breakfast bar, glass tile backsplash, and a fabulous walk-in pantry perfect for storing extra countertop appliances and food. The kitchen opens to the covered rear deck and backyard, creating easy indoor-outdoor living. A spacious bedroom, a light-filled office, and a cedar-lined closet. and a ceramic-tiled bathroom complete this level.
Upstairs are three well-proportioned bedrooms with excellent closet space and an updated full bathroom with a large medicine / linen closet. The primary bedroom features triple windows, a modern ceiling fan, and two voluminous walk-in closets with organizing systems and pocket doors.
Downstairs is a family room with overhead lighting and a game closet, a bonus or guest room, a powder room, incredible storage space, a workshop, and access to the side entry garage. The exterior includes a private fenced yard, patio, and a deck off the kitchen.
This location offers exceptional convenience and neighborhood amenities, near the Aquatic Center and Recreation Center, approximately 0.9 miles to the Metro, and minutes from the major Walter Reed redevelopment, Fort Slocum Park, the local farmers market, Takoma Beverage Company, and concerts in the park. Urban living in a vibrant community at its best!
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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 6, 2026 | Sold | ||
| Sold | |||
| Jun 9, 2026 | In contract | - | |
| In contract | |||
| Jun 4, 2026 | Listed by Perennial Real Estate | $850,000 | |
| Listed by Perennial Real Estate | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017