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TTR Sotheby’s International Realty Represents $4.2M Sale Of Single Family Home In Washington, DC

Property Image
SOLD
$4,200,000

District Of Columbia

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Single Family Residence4,659 SF
Sold 11/30/2020
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Property Image
SOLD

TTR Sotheby’s International Realty Represents $4.2M Sale Of Single Family Home In Washington, DC

1400 34th Street Northwest, Washington, Dc, Usa

See Similar Deals
Single Family Residence4,659 SF
Sold 11/30/2020
Contact now

Summary

Asset Type:Single Family Residence
Price Per Square Foot:$901
Total Square Footage:4,659 SF
Transaction Type:Sale

Located in the prestigious neighborhood of Washington, DC, this single-family home at 1400 34th Street NW recently changed hands in a closed transaction. The property boasts a spacious interior with approximately 4,659 square feet of living space. With an impressive price per square foot of $901, this sale demonstrates the desirability and value of the home.

Summary of Transaction Details:

  • Property Type: Single Family
  • Sale Price: $4,200,000
  • Address: 1400 34th Street NW, Washington, DC
  • Market: Washington, DC

The deal was facilitated by Christopher Ritzert and Michael Rankin from TTR Sotheby’s International Realty, serving as the brokers in this transaction. Their expertise and industry knowledge contributed to the successful completion of the deal.

Players

Michael Rankin
3 deals$30.1M volume(202) 271-3344
BROKER

Christopher Ritzert
1 deal$4.2M volume
BROKER

Details

SOLD
IMAGE: Christopher Ritzert, Jackie Kennedy, John F. Kennedy, & Michael Rankin DATE: 11/30/2020 ADDRESS: 1400 34th Street NW MARKET: Washington, DC ASSET TYPE: Single Family BROKERS: Christopher Ritzert & Michael Rankin - TTR Sotheby’s International Realty SALE PRICE: $4,200,000 SF: 4,659 ~ PPSF: $901

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$223,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$14,921.72
Cash-on-Cash Return-1.27%
Monthly Debt Service$19,910.14
Annual Debt Service$238,921.71