Residential Income Property with
For Sale
$329,900
3601 WISCONSIN AVENUE NW Unit 411, Washington, DC 20016
A remodeled kitchen and a parking space complement the one-bedroom layout in an elevator-served building.
Property Size674 SF
Price / SF$489.47
Days on Market47
Property Features for 3601 WISCONSIN AVENUE NW Unit 411
General Information
Standard status
Active
Size
674 SF
Total Parking Spaces
1
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
McLean Gardens
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,949
Amenities
common laundry
rooftop deck
Building Details
Building Size
674 SF
Year Built
1950
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 14
Changed: Oct 27
Last Checked: Oct 26 at 3:59PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 674-square-foot condominium has one bedroom and one bathroom, with a renovated kitchen featuring new appliances. The building dates to 1950 and includes elevator service, shared laundry facilities, a rooftop deck with city views, and one parking space.
The property is on Wisconsin Avenue NW, between Cathedral Heights and Cleveland Park. Cathedral Commons, restaurants, grocery stores, fitness studios, and public transportation are among the nearby amenities.
The property is on Wisconsin Avenue NW, between Cathedral Heights and Cleveland Park. Cathedral Commons, restaurants, grocery stores, fitness studios, and public transportation are among the nearby amenities.
Key Highlights
- 674‑square‑foot condominium with one bedroom and one bathroom
- Renovated kitchen with new appliances
- One parking space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,199
Cap Rate
3.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,980
$224.0K
Cap Rate 7%
$159,986
$160.0K
Cap Rate 9%
$124,433
$124.4K
Market Conditions
NOI Build-Up for 674 SF
Gross rent
$21.4K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.4K $30.21/SF
− OpEx
−$9.2K −$13.59/SF
NOI
$11.2K $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%
$223,980
Cap Rate 7%
$159,986
Cap Rate 9%
$124,433
Alternative Uses
Best Use
Apartment 5plus
$160.0K
$140.0K – $186.7K
NOI $11,199 @ 7.0% cap · market cap 3.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$346.7K
$303.4K – $404.5K
NOI $24,268 @ 7.0% cap · market cap 7.36%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,778
Businesses Nearby
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Business Placement
Demographics for 20016, DC
35,068
Population
15,457
Households
2.3
Avg Household Size
37
Median Age
88%
College-Educated
99%
High-School Grad
4.4 sq mi
ZIP Area
7,970
Density / Sq Mi
$179,107
Median Household Income
$104,275
Median Earnings
$2,105
Median Rent
$1,206,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A remodeled kitchen and a parking space complement the one-bedroom layout in an elevator-served building.
Where is this residential income property located?
The property is located at 3601 WISCONSIN AVENUE NW Unit 411 Washington, DC.
What is the asking price?
The asking price for this property is $329,900.
What are key features of this property?
This property features: 674‑square‑foot condominium with one bedroom and one bathroom; Renovated kitchen with new appliances; One parking space
