2121 LEROY PLACE NW
About This Property
Evoking the timeless character of a London townhouse, this distinguished 1911 residence blends classic grandeur with contemporary ease. Graceful proportions, soaring ceilings, intricate moldings, and rich hardwood floors define its character, while a thoughtfully reimagined floor plan welcomes modern living and effortless entertaining.
A stately entrance hall introduces exquisite architectural details including coffered ceilings, wainscoting, pocket doors, and a grand staircase. Six fireplaces lend warmth and atmosphere throughout. The sunlit front reception room opens seamlessly to a spacious living room and a banquet-sized dining room, creating a refined setting for gatherings. The bright white kitchen with a center island, breakfast bar, and adjoining family room invites relaxed everyday living. Walls of windows and French doors connect every main level space to expansive flagstone terraces and a beautifully landscaped garden, ideal for indoor and outdoor enjoyment.
The second floor is devoted to the luxurious primary suite, featuring an oversized bedroom, spa-like bath, dual closets, a private roof deck, and a handsome paneled library. Upstairs, the third floor offers three lovely bedrooms and two full baths.
The light-filled lower level, with a separate side entrance, includes a family room, full bath, wine cellar, ample storage, and direct access to the attached two-car garage.
Additional highlights include an elevator serving all levels, six fireplaces, a large terrace, and garage parking for two cars plus additional driveway space. The garage is equipped with a level 2 charger for electric vehicles. Perfectly positioned in Kalorama, one of Washington's most coveted neighborhoods, this remarkable home offers easy access to Rock Creek Park, fine dining, boutique shopping, Metro, and Georgetown.
Offered at $5.7 million.
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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.
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 Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017