1581 SPRING GATE DR #5408
About This Property
Step inside to a spacious living room featuring soaring ceilings and a cozy gas fireplace-perfect for entertaining or relaxing after a long day. The open floor plan seamlessly connects the living room to the expansive dining area, creating a perfect space for gatherings. The dining opens to a beautiful kitchen equipped with updated cabinetry, sleek stainless steel appliances, and beautiful granite countertops.
Enjoy your morning coffee or unwind with a good book on the extra-large deck, where you can soak in the serene surroundings. The primary ensuite boasts a generous walk-in closet and a luxurious bathroom with a double sink vanity and a large shower. The spacious second bedroom offers versatility and convenience, with a full bathroom just across the hall featuring a tub/shower combo. This unit also has garage parking underneathe (space 234). HVAC replaced 2019.
Residents at the Gates of McLean can enjoy many wonderful amenities including a swimming pool, a well-equipped fitness center with sauna and a clubhouse. There are also walking trails, a picnic area and basketball courts.
Living here means being just minutes away from the best of Tyson's Corner, including Wegman's for grocery shopping, trendy restaurants, and the vibrant Perch for outdoor fun, putt-putt golf, and live concerts. With the Capital One Center right across the street, you'll have entertainment at your fingertips!
Commuters will appreciate the easy access to the Beltway and the McLean Metro station, making city life a breeze. Don't miss your chance to call this stunning condo home-schedule a showing today and experience the lifestyle you've been dreaming of!
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Cap Rate Calculator
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%.
How much can I actually make?
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 4, 2024 | Sold | ||
| Sold | |||
| Nov 12, 2024 | In contract | - | |
| In contract | |||
| Nov 7, 2024 | Listed by Keller Williams Realty | $500,000 | |
| Listed by Keller Williams Realty | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
09/11/2025
|
1 Bed
|
1 Bath
|
642 ft²
|
$350,000
1 Bed
1 Bath
642 ft²
|
$320,000
-8.57%
10/23/2025
|
Roshan Badii Carter
Long & Foster Real Estate, Inc.
| |
|
06/12/2025
|
1 Bed
|
1 Bath
|
690 ft²
|
$335,000
1 Bed
1 Bath
690 ft²
|
$335,000
07/16/2025
|
Yixuan Zhai-Brown
Coldwell Banker Realty
| |
|
11/07/2024
|
2 Bed
|
2 Bath
|
1202 ft²
|
$500,000
2 Bed
2 Bath
1202 ft²
|
$500,000
12/04/2024
|
Kari Govan
Keller Williams Realty
| |
|
08/22/2024
|
2 Bed
|
2 Bath
|
998 ft²
|
$515,000
2 Bed
2 Bath
998 ft²
|
$457,325
-11.20%
12/09/2024
|
Mynor Herrera
Keller Williams Capital Properties
| |
|
03/01/2024
|
1 Bed
|
1 Bath
|
690 ft²
|
$339,900
1 Bed
1 Bath
690 ft²
|
$337,500
-0.71%
04/05/2024
|
Hemanth K Ganta
DMV Realty, INC.
| |
|
05/13/2022
|
2 Bed
|
2 Bath
|
998 ft²
|
$400,000
2 Bed
2 Bath
998 ft²
|
-
-
|
Sabeen Khattak
Samson Properties
| |
|
06/16/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$334,000
1 Bed
1 Bath
735 ft²
|
$334,000
06/22/2022
|
Hourieh Zamani
Spring Hill Real Estate, LLC.
| |
|
02/18/2022
|
1 Bed
|
1 Bath
|
735 ft²
|
$325,000
1 Bed
1 Bath
735 ft²
|
-
-
|
Kathy Colville
Century 21 Redwood Realty
| |
|
01/23/2022
|
1 Bed
|
1 Bath
|
642 ft²
|
$295,000
1 Bed
1 Bath
642 ft²
|
-
-
|
Iris Yu
Samson Properties
| |
|
11/11/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$310,000
1 Bed
1 Bath
690 ft²
|
$307,500
-0.81%
12/10/2021
|
Paniz Asgari
Compass
| |
|
07/01/2021
|
2 Bed
|
2 Bath
|
1202 ft²
|
$475,000
2 Bed
2 Bath
1202 ft²
|
$475,000
08/03/2021
|
Christine G Richardson
Weichert Company of Virginia
| |
|
05/21/2021
|
2 Bed
|
2 Bath
|
1082 ft²
|
$489,600
2 Bed
2 Bath
1082 ft²
|
-
-
|
Subbarayudu Jakkampudi
Sun Properties, Inc.
| |
|
05/03/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$319,990
1 Bed
1 Bath
690 ft²
|
$319,990
06/22/2021
|
Lisa Sabelhaus
| |
|
02/19/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$310,000
1 Bed
1 Bath
690 ft²
|
$300,000
-3.23%
04/30/2021
|
Lauryn Eadie
| |
|
02/04/2021
|
1 Bed
|
1 Bath
|
690 ft²
|
$309,990
1 Bed
1 Bath
690 ft²
|
-
-
|
-
| |
|
03/18/2020
|
2 Bed
|
2 Bath
|
1202 ft²
|
$480,000
2 Bed
2 Bath
1202 ft²
|
$476,000
-0.83%
05/05/2020
|
Jeff Wu
| |
|
10/12/2018
|
2 Bed
|
2 Bath
|
1202 ft²
|
$440,000
2 Bed
2 Bath
1202 ft²
|
-
-
|
-
| |
|
05/29/2018
|
1 Bed
|
1 Bath
|
642 ft²
|
$264,000
1 Bed
1 Bath
642 ft²
|
$264,000
10/12/2018
|
Karen Martins
Coldwell Banker Realty
| |
|
09/02/2017
| |
2 Bed
|
2 Bath
|
1082 ft²
|
-
2 Bed
2 Bath
1082 ft²
|
-
-
|
-
|
|
03/22/2013
|
1 Bed
|
1 Bath
|
690 ft²
|
$289,000
1 Bed
1 Bath
690 ft²
|
$286,000
-1.04%
04/25/2013
|
Phil Cefaratti
Weichert, REALTORS
|
Building Info
- 2 Units for Sale
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017