4708 3rd Pl NW APT 3, Washington, DC 20011

Studio-- baths2,640 sqft Edit

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Sold: $362,700
Sold on 03/05/12
Zestimate®: $513,141
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A Zestimate® home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

My Notes

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Great, entry level, Multifamily Property in NW Washington, DC. Excellent opportunity rarely available for those looking to embark upon or increase their current real estate portfolios. Low maintenance, solid brick building and in excellent condition. FULLY RENTED PROPERTY! With positive cash flow.Extremely well priced, this building is just crying out for a savvy investor to own it!

Facts

  • Lot: 2,583 sqft
  • Multi Family
  • Built in 1936
  • Heating: Other
  • Last sold: Mar 2012 for $362,700
  • Last sale price/sqft: $137

Construction

  • Construction quality: 7.0
  • Exterior material: Brick
  • Roof type: Built up
  • Room count: 16
  • Stories: 2

Other

  • Floor size: 2,640 sqft
  • Parcel #: 3305 0055
  • Zillow Home ID: 486977

Zestimate Details

Zestimate
A Zestimate home valuation is Zillow's estimated market value. It is not an appraisal. Use it as a starting point to determine a home's value. Learn more

The Value Range is the high and low estimate market value for which Zillow values a home. The more information, the smaller the range, and the more accurate the Zestimate. See data coverage and accuracy table

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$513,141
+$1,377 Last 30 days
$457K
$564K
Zestimate range
Rent Zestimate A Rent Zestimate is Zillow's estimated monthly rental price, computed using a proprietary formula. It is a starting point in determining the monthly rental price for a specific property. Learn more

The Rent Range is the high and low estimate for which an apartment or home could rent. The more information we have, the smaller the range, and the more accurate the Rent Zestimate. See data coverage and accuracy table
$2,138/mo
-$3 Last 30 days
$1.4K
$3K
Zestimate range

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Homes like this sold for $400-650K.

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Neighborhood

Market guide

Zillow predicts Petworth home values will rise 1.7% next year, compared to a 1.1% increase for Washington as a whole. Among Petworth homes, this home is valued 4.1% more than the midpoint (median) home, but is valued 61.7% less per square foot.

Foreclosures will be a factor impacting home values in the next several years. In Petworth, the number of foreclosures waiting to be sold is 2.2% greater than in Washington, and 13.2% less than the national average. This higher local number may prevent Petworth home values from rising as quickly as other regions in Washington.

Learn more about forecast calculations or Petworth home values.
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    Other Units in this Building (1)ZestimateBedsBathsSqft
    Apt 1$517K44--

    Nearby Schools in Washington

    GreatSchools ratings give an overview of a school's test results. The ratings are based on a comparison of test results for all schools in the state.

    Disclaimer: School attendance zone boundaries are supplied by Maponics and are subject to change. Check with the applicable school district prior to making a decision based on these boundaries.

    Data by GreatSchools.org