2020 RHODE ISLAND AVENUE
About This Property
Sited on a flat, east-facing .69-acre lot in Franklin Park-one of McLean's most desirable close-in neighborhoods-this exceptional property offers a rare combination of space, privacy, and gracious comfort. Surrounded by mature landscaping and specimen trees, this home is a private sanctuary just moments from city life.
Built in 2015, this five-bedroom, four-and-a-half-bath residence welcomes you with sunlit interiors, nine-foot ceilings on all three levels, and Armstrong Prime Harvest Oak flooring throughout. The chef's kitchen features Cambria quartz countertops, custom cabinetry, and premium stainless steel appliances, including double wall ovens and dual dishwashers. A vaulted sunroom and screened porch open to a deck with stairs leading to flagstone patios, a fire pit, and an expansive grassy backyard-ideal for entertaining, play, or quiet relaxation in the natural surroundings.
Upstairs, the spacious primary suite offers a serene retreat with tray ceiling, a generously sized custom walk-in closet and spa-style bath featuring dual vanities, a soaking tub, and a walk-in shower with seamless glass door and rainfall head. Three additional bedrooms-each with blackout shades and generous closets-provide comfort and flexibility. The walkout lower level with full light includes a large recreation room, fitness space, guest suite with full bathroom, and access to the lower flagstone patio and gorgeous private backyard with mature landscaping and nature at your fingertips.
Built with enduring quality, the home features steel I-beam construction, a 30-year shingle roof, dual HVAC zones, and two new 50-gallon water heaters (2025). A main-level two-car garage adds everyday convenience, while smart home integrations for lighting, irrigation, HVAC, and security-plus a Level 2 EV charger-deliver modern ease and efficiency.
Enjoy nearby Chesterbrook Shopping Center, Linway Terrace Park, and Chesterbrook Swim & Tennis Club, with convenient access to Arlington, Washington, D.C., Tysons, and major commuter routes including Chain Bridge, the GW Parkway, I-66, and I-495.
Franklin Park is beloved for its urban forest setting-a community where nature, privacy, and convenience coexist beautifully.
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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.
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About McLean
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017