1824 23RD ST NW
About This Property
One is immediately impressed with the original architectural elements, such as American chestnut ceiling beams, wood trim, moldings and pocket doors. The Living Room is of substantial expanse and offers multiple seating arrangements. This room is washed in sunlight and boasts multiple windows and doors looking onto the private Terrace and an ornate gas fireplace.
The formal Dining Room is adjacent to the Entrance Hall and Living Room. This room is perfect for grand-scale entertaining or intimate family gatherings. There are two sets of pocket doors and also a door into the Butler's Pantry, which is adjacent to the Kitchen. Upon entering the Butler's Pantry, one notices a plethora of cabinets and storage, a bar sink and a wine refrigerator.
The Kitchen rounds out the main living level. There is a large table, stainless steel appliances, hand-crafted cabinetry by WoodMode and nickel finishes, and honed Carrara Supreme marble counters. The flooring in the Kitchen and Mudroom is limestone by Ann Sacks. There is also a separate staircase which leads to the lower level plus the additional floors above.
After ascending the main staircase, there is a separate entrance to an expansive and formal Library. The Library features numerous shelves and cabinets throughout the entire room. There is a fireplace and door leading to a small balcony overlooking 23rd Street. Adjacent to the Library is a Sunroom for a multitude of uses. On this second level there is a private Den, an ensuite Bedroom and the first of two Primary Suites. The Primary Suite on the second level is quite generous in size and proportions. This Suite also boasts a lovely Sitting Room, an ensuite Full Bath with dual vanities and a large walk-in closet. This Suite also has a gas fireplace.
The third level of this residence features yet another Primary Suite with a Juliet balcony overlooking Bancroft Place and views to Mitchell Park, an ensuite Full Bath, a fireplace and an extremely large walk-in closet. This level also consists of a Hall Bath with soaking tub and two more Guest Bedrooms.
The Lower Level has a multitude of large Storage Rooms, a Fitness Room which could also be used as a Guest Bedroom, a Washroom, and a Full Bath. There are two more exterior Storage Rooms in the back of the home.
Some of other notable features: an attached Two-Car Garage and a large gated and private Terrace adjacent to the Living Room.
This residence is located across the street from Mitchell Park. The Kalorama neighborhood is known to be the home of many diplomats, dignitaries, and embassies, just to name a few. Close proximity to Dupont Circle, Woodley Park, Georgetown, Rock Creek Park and Rock Creek Parkway. 1824 23rd St, NW offers convenience, residential privacy and urban liveliness all in one spectacular location.
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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.
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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 |
|---|---|---|---|
| Jan 30, 2025 | Sold | ||
| Sold | |||
| Dec 9, 2024 | In contract | - | |
| In contract | |||
| Oct 7, 2024 | Listed by Washington Fine Properties, LLC | $6,499,000 | |
| Listed by Washington Fine Properties, LLC | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017