1924 47TH STREET NW
About This Property
Available for the first time in over 35 years, this classic home is in exceptional condition. The large entryway welcomes you with soaring ceilings. The main level features a formal living room, a spacious family room with access to a charming terrace for effortless indoor-outdoor entertaining, and a discreetly positioned powder room. The gourmet, eat-in kitchen is equipped with high-end appliances, abundant cabinetry and counter space, and is framed by custom wood shutters. A butler's pantry connects the kitchen to a formal dining room, perfect for hosting gatherings with ease.
Upstairs, the second level offers three generously proportioned bedrooms and three full baths. The expansive primary suite includes two walk-in closets and a serene, sunlit ambiance.
The fully finished lower level boasts a large family room with a fireplace, an additional bedroom and full bath, a dedicated office or study, and direct walkout access. A long, private driveway leads to a two-car garage, surrounded by professionally designed grounds. Natural light pours in throughout the home, highlighting its thoughtful layout and graceful finishes.
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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 |
|---|---|---|---|
| Jun 9, 2025 | Sold | ||
| Sold | |||
| May 5, 2025 | In contract | - | |
| In contract | |||
| Apr 30, 2025 | Listed by TTR Sotheby's International Realty | $2,295,000 | |
| 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