Two-Bedroom Co-Op
For Sale
$650,000
3016 TILDEN STREET NW Unit 403, Washington, DC 20008
Three-exposure co-op with central A/C, granite kitchen and stainless appliances, and an en-suite primary bathroom.
Property Size1,100 SF
Days on Market184
Property Features for 3016 TILDEN STREET NW Unit 403
General Information
Standard status
Active
Size
1,100 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
North Cleveland Park
Taxes and HOA fees
Annual Taxes
$56,614
Building Details
Building Size
1,100 SF
Year Built
1928
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Holly Smith · License #SP98359844
(301) 332-7176
Source:
Barnesrealestatecompany
Added: May 1
Changed: Oct 31
Last Checked: Oct 31 at 12:14AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Long & Foster Real Estate, Inc.
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Investment Insights
Based on property information with market context.
Spacious two-bedroom, two-bath co-op residence with three exposures, treetop views, and abundant natural light. The layout features a spacious living room with a faux fireplace, a separate formal dining room, and a gourmet kitchen with white cabinets, granite countertops, and stainless steel appliances. The primary bedroom includes a modern en-suite full bath with a sleek walk-in shower. The second bedroom is currently used as a study and adjoins the living room with access to a second full bathroom with a white pedestal sink and vintage tub, which can also be accessed via the hall.
The seller purchased a maid’s room abutting the unit from the hallway to make the main bathroom. Central A/C was also installed. The building was constructed in 1928. The co-op is conveniently located near the Van Ness–UDC Metro stop, with nearby bus routes, Rock Creek Park, Cleveland Park Community Garden, and a range of restaurants and shopping. The monthly co-op fee includes the property taxes.
The seller purchased a maid’s room abutting the unit from the hallway to make the main bathroom. Central A/C was also installed. The building was constructed in 1928. The co-op is conveniently located near the Van Ness–UDC Metro stop, with nearby bus routes, Rock Creek Park, Cleveland Park Community Garden, and a range of restaurants and shopping. The monthly co-op fee includes the property taxes.
Key Highlights
- Two‑bedroom, two‑bath co‑op with three exposures and treetop views
- Central A/C installed
- Kitchen with white cabinets, granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,277
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,540
$365.5K
Cap Rate 7%
$261,100
$261.1K
Cap Rate 9%
$203,078
$203.1K
Market Conditions
NOI Build-Up for 1,100 SF
Gross rent
$35.0K $31.80/SF
− Vacancy
−$1.7K −$1.59/SF
EGI
$33.2K $30.21/SF
− OpEx
−$15.0K −$13.59/SF
NOI
$18.3K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,540
Cap Rate 7%
$261,100
Cap Rate 9%
$203,078
Alternative Uses
Best Use
Apartment 5plus
$261.1K
$228.5K – $304.6K
NOI $18,277 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$565.8K
$495.1K – $660.1K
NOI $39,606 @ 7.0% cap · market cap 6.09%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Location Intelligence
Trade Area within ½ mile
1,220
Businesses Nearby
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Business Placement
Demographics for 20008, DC
30,143
Population
18,083
Households
1.7
Avg Household Size
38
Median Age
89%
College-Educated
98%
High-School Grad
3.1 sq mi
ZIP Area
9,724
Density / Sq Mi
$123,653
Median Household Income
$87,607
Median Earnings
$2,202
Median Rent
$894,100
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Three-exposure co-op with central A/C, granite kitchen and stainless appliances, and an en-suite primary bathroom.
Where is this residential income property located?
The property is located at 3016 TILDEN STREET NW Unit 403 Washington, DC.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Two‑bedroom, two‑bath co‑op with three exposures and treetop views; Central A/C installed; Kitchen with white cabinets, granite countertops and stainless steel appliances
