6403 3RD STREET NW
About This Property
The home's inviting front porch, with a tongue-and-groove ceiling, leads into a foyer with a coat closet. From there, the living room features a wood-burning fireplace and a ceiling fan. A casement opening connects to the dining room, which also has a ceiling fan and a large pass-through to the kitchen. Just beyond the dining room is a versatile nook-perfect for a home office or sitting room.
The expansive kitchen offers stainless steel appliances, wood cabinetry, a gas range, a gorgeous built-in hutch, excellent prep space, recessed lighting, and tile flooring. The kitchen opens directly to the backyard for easy indoor–outdoor living.
Upstairs are three sizable bedrooms with wood flooring and a ceramic tile bathroom with a pedestal sink and a tub/shower combination. The lower level includes a bonus or family room with a closet, a full bathroom, laundry, ample storage space and access to the backyard.
The exterior includes a fenced private yard, patio, and shed. This location delivers all the appeal and accessibility: directly across from the Aquatic Center and Recreation Center, just 0.6 miles to the Metro, minutes from the major redevelopment at Walter Reed, the local farmer's market, Takoma Beverage Company and concerts in the park. Urban living in a dynamic 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 |
|---|---|---|---|
| Nov 24, 2025 | Sold | ||
| Sold | |||
| Oct 27, 2025 | In contract | - | |
| In contract | |||
| Oct 9, 2025 | Listed by Perennial Real Estate | $795,000 | |
| 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