1920 RHODE ISLAND AVE
About This Property
A welcoming wraparound front porch, tiered landscaping with lighting and irrigation, wraparound rear porch and two rear flagstone patios make for an elegant and private setting. Vaulted ceilings on the majority of the main level as well as gracious ceiling heights bring in plenty of natural light to the family room, dining room, library, and breakfast room. Updated lighting and lovely window treatments, custom paneling and floor-to-ceiling fireplace complement the Neff custom cabinetry and hardwood floors. The gourmet kitchen with under-cabinet touch lighting, pot-filler, soft-close cabinets and drawers, customized storage inserts, appliance garage, Bosch, Sub Zero and Wolf appliances and walk-in pantry opens to both the spacious family room and breakfast room with skylights, providing access to one of two patios.
The main level is completed by a private library, formal living room, powder room with custom wall treatments and a full main-level bedroom suite.
The upper level includes 4 large bedrooms, 3 full baths, plenty of storage and a laundry area. The expansive primary suite features 2 walk-in closets, sitting room with fireplace, dual vanities, water closet, spacious shower and separate soaking tub and heated floors.
The fully finished walk-out basement was completed recently and includes a large rec room with built-ins and gorgeous custom temperature controlled 1500 bottle wine cellar with motorized wine wall that moves to reveal bonus storage. Mudroom and bar with second fridge and second dishwasher, powder room, and garage access round off the lower level. The lower level rec room is also wired for speakers. The roof was replaced in 2019.
Franklin Park is known for its lush natural landscape, mature trees, and charming rolling hills. This home offers access to the best of McLean with its close proximity to all the Downtown McLean and Downtown Arlington have to offer. It is ideally situated just minutes to the George Washington Parkway, I-66, Tyson's Corner, and the Capital Beltway.
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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 |
|---|---|---|---|
| May 1, 2023 | Sold | ||
| Sold | |||
| Mar 21, 2023 | In contract | - | |
| In contract | |||
| Mar 17, 2023 | Listed by Washington Fine Properties, LLC | $1,899,500 | |
| Listed by Washington Fine Properties, LLC | |||
| Oct 6, 2019 | No longer available | - | |
| No longer available | |||
| Jul 1, 2019 | Sold | ||
| Sold | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017