One-Bedroom Residential Income
For Sale
$209,500
3601 WISCONSIN AVENUE NW Unit 110, Washington, DC 20016
The condo has original hardwood floors and an updated galley kitchen with granite counters and stainless steel appliances.
Property Size766 SF
Price / SF$273.50
Days on Market34
Property Features for 3601 WISCONSIN AVENUE NW Unit 110
General Information
Standard status
Active
Size
766 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
McLean Gardens
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,209
Amenities
roof deck
Building Details
Building Size
766 SF
Year Built
1950
Listing Agency:
Compass
Listed By:
Seth S Turner · License #sp215088
(202) 253-2913
Source:
Jackrealtygroup
Added: Sep 26
Changed: Oct 27
Last Checked: Oct 26 at 3:54PM
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
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Investment Insights
Based on property information with market context.
This one-bedroom condo at The Crestview offers an estimated 766 square feet of living area. Original hardwood flooring, a dining area, and a spacious living room shape the interior layout. The updated galley kitchen includes granite countertops, maple cabinetry, stainless steel appliances, and a gas range. The bedroom has windows on two sides and a custom closet system.
The building, completed in 1950, has a refreshed lobby and a rooftop deck with city views. The property is in Cleveland Park, near City Ridge, Hearst Park and Pool, and tennis courts. Nearby dining and retail options include Wegmans, Tatte Bakery, Two Amys, Jetties, and Cactus Cantina. Metro service is also nearby.
The building, completed in 1950, has a refreshed lobby and a rooftop deck with city views. The property is in Cleveland Park, near City Ridge, Hearst Park and Pool, and tennis courts. Nearby dining and retail options include Wegmans, Tatte Bakery, Two Amys, Jetties, and Cactus Cantina. Metro service is also nearby.
Key Highlights
- Estimated 766 square feet, based on third‑party measurements
- One‑bedroom condo with original hardwood flooring and a separate dining area
- Updated galley kitchen with granite countertops, maple cabinetry, stainless steel appliances, and a gas range
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,727
Cap Rate
6.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$254,540
$254.5K
Cap Rate 7%
$181,814
$181.8K
Cap Rate 9%
$141,411
$141.4K
Market Conditions
NOI Build-Up for 766 SF
Gross rent
$24.4K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$23.1K $30.21/SF
− OpEx
−$10.4K −$13.59/SF
NOI
$12.7K $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%
$254,540
Cap Rate 7%
$181,814
Cap Rate 9%
$141,411
Alternative Uses
Best Use
Apartment 5plus
$181.8K
$159.1K – $212.1K
NOI $12,727 @ 7.0% cap · market cap 6.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$394.0K
$344.8K – $459.7K
NOI $27,580 @ 7.0% cap · market cap 13.16%
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 - The condo has original hardwood floors and an updated galley kitchen with granite counters and stainless steel appliances.
Where is this residential income property located?
The property is located at 3601 WISCONSIN AVENUE NW Unit 110 Washington, DC.
What is the asking price?
The asking price for this property is $209,500.
What are key features of this property?
This property features: Estimated 766 square feet, based on third‑party measurements; One‑bedroom condo with original hardwood flooring and a separate dining area; Updated galley kitchen with granite countertops, maple cabinetry, stainless steel appliances, and a gas range
