1519 SPRING VALE AVENUE
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 29, 2025 | Sold | ||
| Sold | |||
| Nov 22, 2025 | In contract | - | |
| In contract | |||
| Sep 16, 2025 | Listed by Washington Fine Properties, LLC | $2,995,000 | |
| Listed by Washington Fine Properties, LLC | |||
| Feb 14, 2025 | Price Increased |
$2,990,000
↑ $140K
(4.9%) | |
| Price Increased | |||
| Nov 5, 2024 | Listed | $2,850,000 | |
| Listed | |||
| | |||
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**Meet the Builder. Sat/Su 2-4pm. Decorated Model Home at 1614 6th Place Mclean VA**
An award-winning, timeless masterpiece designed to inspire and captivate. This home offers both style and functionality for those seeking a luxurious residence with cutting-edge features and an unbeatable downtown Mclean location. Spanning approx. 6,500 sq. ft. on 4 levels, this home showcases premium materials, exquisite finishes, and an open-concept design. From floor-to-ceiling windows to multiple private balconies, Roof Top deck, screen porch, and terraces, this home is built to entertain and impress!
The owner's suite boasts a private balcony, while the expansive glass walls offer panoramic city views. Elegant white-oak floors create warmth and sophistication. Kitchen and bathrooms feature high-end Italian tiles, modern slab cabinetry, and durable quartz countertops. Eco-friendly touches include LED recessed lighting, Tesla EV charger, pre-wire for solar panels, and high-efficiency HVAC systems with smart thermostats. This home is elevator ready!
The finished basement is an entertainer's dream, with a spacious open recreation room, bedroom/full bath, gym, Opt. sauna/steam room, wet bar and Hydroworx an aquatic therapy swimming pool.
Located at the crossroads of luxury, culture, and recreation, 1519 Spring Vale offers an unparalleled downtown location. Shopping, dining and art all within walking distance. Steps away from the McLean Racquet and Tennis Club, Lewinsville Park, farmers market, Scotts Run Park and minutes from Tysons, Arlington, Bethesda and Washington, D.C., this home provides access to the best the area has to offer.
This is a rare opportunity to customize your dream home in one of the most coveted locations in the country. Don’t miss the chance to make this extraordinary property your own. To be built and delivered in Summer 2025. Take advantage of the Pre-construction price. Contact us today to explore any customization options.
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About McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017