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1698 32ND STREET NW
About This Property
The ivy-clad brick exterior exudes enduring elegance, accented by classic shutters and a stone staircase that ascends to the welcoming entry. Inside, a gracious foyer with a coat closet reveals beautifully preserved original hardwood floors and introduces the home's refined architectural character.
The sun-drenched living room embodies timeless sophistication, featuring expansive windows, floor-to-ceiling built-in shelving, intricate crown molding, and a marble-surround fireplace with a carved wooden mantel. French doors open to the fully fenced south-facing rear garden and yard, an exceptionally private outdoor retreat framed by mature trees and lush landscaping.
The formal dining room mirrors the home's bright disposition and detailed millwork, seamlessly connecting to a gourmet kitchen appointed with stainless steel appliances. Designed for effortless entertaining, the kitchen flows to an inviting outdoor dining area, creating an ideal setting for indoor-outdoor living and al fresco gatherings. A well-appointed butler's pantry and powder room complete the main level.
Upstairs, the serene primary suite overlooks the verdant rear yard and features an additional fireplace, generous closet space, and a spacious bathroom with a soaking tub and frameless glass shower. Two additional sunlit bedrooms offer ample closet space and share the same refined detailing found throughout the home.
The finished third level, accessed by a pull-down ladder, offers a loft-like room for potential uses including a theatre, sitting room or office. The lower level offers over 1,100 square feet of space, presenting potential for a guest suite, recreation room and or gym. A detached one-car garage plus an additional surface parking space further enhance the property's rare convenience.
Sited just off Montrose Park and moments from the storied gardens of The Museum at Dumbarton Oaks, this desirable address offers immediate access to some of Georgetown's most treasured green spaces, ideal for morning walks, tennis, and tranquil afternoons beneath a canopy of trees. Just blocks away, the vibrant corridor of Wisconsin Avenue provides acclaimed dining, curated boutiques and neighborhood cafes. Move-in ready or offering outstanding potential for reimagination, 1698 32nd Street presents a compelling opportunity to secure a premier location with enduring appeal in the heart of Georgetown.
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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 |
|---|---|---|---|
| Jun 9, 2026 | Price Decreased |
$3,945,000
↓ $205K
(4.9%) | |
| Price Decreased | |||
| Mar 11, 2026 | Listed by TTR Sotheby's International Realty | $4,150,000 | |
| Listed by TTR Sotheby's International Realty | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017