Residential Income Property with
For Sale
$485,000
3100 CONNECTICUT AVENUE NW Unit 238, Washington, DC 20008
One-bedroom residence with a separate den, original hardwood floors, and access to full-service building amenities.
Property Size865 SF
Price / SF$560.69
Days on Market49
Property Features for 3100 CONNECTICUT AVENUE NW Unit 238
General Information
Standard status
Active
Size
865 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR+den
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,797
Amenities
secure front desk
complimentary common laundry facility
bike storage
landscaped courtyard
grilling areas
pet-friendly
Building Details
Building Size
865 SF
Year Built
1923
Listing Agency:
Compass
Listed By:
Daniel Brewer · License #SP98373930
(202) 277-9099
Source:
Kerishull
Added: Aug 19
Changed: Oct 3
Last Checked: Oct 5 at 9:02PM
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 Compass
Investment Insights
Based on property information with market context.
Unit 238 at 3100 Connecticut Avenue NW is an 865-square-foot residential income property built in 1923. The one-bedroom layout includes a separate den connected to the living room by French doors, along with original hardwood flooring, abundant natural light, a kitchen with stainless steel appliances, and a bedroom with a custom closet. The bathroom includes a combined shower and tub.
Building amenities include a secure front desk, elevators, complimentary laundry facilities on each floor, bike storage, and a landscaped courtyard with grilling areas. The building is pet-friendly and positioned across from the Smithsonian's National Zoo. Rock Creek Park, neighborhood cafes and restaurants, boutique shopping, and the Cleveland Park and Woodley Park Metro stations are all within three blocks.
Building amenities include a secure front desk, elevators, complimentary laundry facilities on each floor, bike storage, and a landscaped courtyard with grilling areas. The building is pet-friendly and positioned across from the Smithsonian's National Zoo. Rock Creek Park, neighborhood cafes and restaurants, boutique shopping, and the Cleveland Park and Woodley Park Metro stations are all within three blocks.
Key Highlights
- 865 SF one‑bedroom residence with a separate den
- Original hardwood floors and abundant natural light
- Kitchen equipped with stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,372
Cap Rate
2.96%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,440
$287.4K
Cap Rate 7%
$205,314
$205.3K
Cap Rate 9%
$159,689
$159.7K
Market Conditions
NOI Build-Up for 865 SF
Gross rent
$27.5K $31.80/SF
− Vacancy
−$1.4K −$1.59/SF
EGI
$26.1K $30.21/SF
− OpEx
−$11.8K −$13.59/SF
NOI
$14.4K $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%
$287,440
Cap Rate 7%
$205,314
Cap Rate 9%
$159,689
Alternative Uses
Best Use
Apartment 5plus
$205.3K
$179.7K – $239.5K
NOI $14,372 @ 7.0% cap · market cap 2.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$444.9K
$389.3K – $519.1K
NOI $31,145 @ 7.0% cap · market cap 6.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
Explore this area
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 - One-bedroom residence with a separate den, original hardwood floors, and access to full-service building amenities.
Where is this residential income property located?
The property is located at 3100 CONNECTICUT AVENUE NW Unit 238 Washington, DC.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 865 SF one‑bedroom residence with a separate den; Original hardwood floors and abundant natural light; Kitchen equipped with stainless steel appliances
