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Two-Bedroom Co-Op Residence
For Sale
$679,900

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.

Days on Market91

Property Features for 3016 TILDEN STREET NW Unit 403

General Information

Standard status Active
Property subtype Unit/Flat/Apartment

Building Details

Building Size 1,200 SF
Year Built 1928
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Holly Smith · License #SP98359844
Source: Barnesrealestatecompany
Added: May 1 Changed: Jul 30 Last Checked: Jul 30 at 4:32PM

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.

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.

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 For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $38.2k $31.80
− Vacancy −$1.9k −$1.59
EGI $36.3k $30.21
− OpEx −$16.3k −$13.59
NOI $19.9k $16.62
1,200 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$284.8K
$249.2K – $332.3K (±1% cap)
NOI $19,939 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$617.2K
$540.1K – $720.1K (±1% cap)
NOI $43,207 @ 7.0% cap · market cap 6.35%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Carole Buncher Competency ... Vocational School

Suggested Use

Top Pick Hair Salon Nail Salon Spa & Massage Center Real Estate Agency Building Supply Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,220
Businesses Nearby

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

Market

Average Price Trend$/SF for Residential income properties in Washington, DC

Jan
$518 Feb
$458 Mar
$410 Apr
$345 May
$456 Jun

Properties on Market for Residential income properties in Washington

Jan
Feb
Mar
Apr
May
Jun
Rey
Questions? Ask Rey
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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 $679,900.
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
More about this property
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