1623 DEMPSEY STREET
About This Property
The gourmet kitchen is a chef's dream with custom inset maple cabinetry, 2.5" quartz countertops, a 48" Subzero refrigerator, 48" Wolf range, and 30" Wolf microwave. Designed for both comfort and entertaining, the open floor plan flows into the great room with a coffered ceiling, custom built-ins, and a designer gas fireplace. An elegant dining room with wainscoting and built-in speakers, a main-level guest suite, private study, and expansive screened porch with Trex decking, heaters, and integrated audio create a seamless lifestyle experience.
Upstairs, the primary suite offers a tranquil retreat with dual walk-in closets and a spa-inspired bath featuring heated floors, a soaking tub, and frameless glass shower. Additional en-suite bedrooms and a laundry room complete the level. The third-floor loft with full bath and walk-in closet offers flexible space for guests, an office, or playroom.
The finished lower level provides a spacious recreation room, exercise room with rubber flooring, finished storage, and an additional guest suite.
Located minutes from Chesterbrook Shopping Center, downtown McLean, and top-rated Chesterbrook ES, Longfellow MS, and McLean HS, this home presents a rare opportunity to own a newly built luxury property in the heart of McLean.
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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%.
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 |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Mar 17, 2026 | In contract | - | |
| In contract | |||
| Dec 11, 2025 | Relisted | $2,850,000 | |
| Relisted | |||
| Dec 7, 2025 | In contract | - | |
| In contract | |||
| Sep 3, 2025 | Listed by Keller Williams Realty | $2,850,000 | |
| Listed by Keller Williams Realty | |||
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About McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017