2236 49TH ST NW
About This Property
Set on a sprawling double-lot at nearly a 1/4 acre (10,000 sf), this home's backyard offers a truly breathtaking retreat. Enjoy the heated saltwater gunite pool with bluestone coping and automated cover, a detached screened lounge with French doors, a serene Zen garden featuring a Washington Monument inspired fountain, expansive hardscape terrace, lush mature landscaping, and enchanting gardens – all backing up to Battery Kemble National Park.
As you approach, the home's captivating French-inspired stucco and white-washed brick facade, complimented by a refined bluestone walkway and meticulously manicured landscaping, exudes an undeniable curb presence. Inside you're greeted by the home's charming architectural elements, from the bespoke soft archways to detailed custom millwork, elegant crown molding and luxurious hardwood floors.
Spanning nearly 4,000 SF of interior living space, the residence offers 4 bedrooms, an office, and 4 bathrooms. The main level features a guest bedroom with ensuite bath and Juliet balcony with views of the tranquil Zen garden, an open-concept gourmet kitchen, a dining room, and a luminous family room that opens to a spacious Ipe deck overlooking the home's picturesque backyard. The upper level boasts a lofted private primary bedroom suite with luxury ensuite bath, two additional bedrooms with a second washer and dryer, and a hall bath. The versatile lower level with exposed brick accent walls and limestone flooring can double as an in-law suite, or an ideal workspace or recreation area. It includes a separate walkout entrance, generous rec room, a dedicated home office zone with custom built-ins, a newly updated bath, renovated kitchenette, a mudroom, and sizable laundry room equipped with a brand-new LG washer and dryer.
Throughout the home you'll find Visual Comfort designer light fixtures, modern hardware, recessed lighting, quartz countertops, custom cabinetry, along with ample storage to include Elpha storage systems in both the mudroom and garage. The oversized attached garage is cooled and heated, while the driveway provides ample space for multiple vehicles, complete with a recently added high-energy Tesla charger.
Minutes to Georgetown and downtown DC. Less than a 10-minute drive to Maryland and Virginia suburbs, quick trip to Reagan & Dulles airports, multiple universities, cultural, athletic, shopping, entertainment, pet-friendly parks, trails, libraries, and much more. Contact me to schedule your private viewing today and experience the epitome of luxury living in Washington, DC.
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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 |
|---|---|---|---|
| Feb 1, 2024 | Sold | ||
| Sold | |||
| Dec 23, 2023 | In contract | - | |
| In contract | |||
| Oct 13, 2023 | Listed by Compass | $2,984,000 | |
| Listed by Compass | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017