2808 OLIVE STREET NW
About This Property
The main level features an open kitchen with timeless finishes and a striking waterfall eat-in island that flows seamlessly into the living and dining spaces, anchored by a charming wood-burning fireplace. This level also includes a convenient powder room and a flexible bedroom suite with its own full bath-ideal for guests, a home office, or both.
Upstairs, two generously sized bedrooms provide comfort and character, including one with a private balcony perfect for morning coffee and its own fireplace. The full bath on this level offers heated floors, abundant storage, and the convenience of an upper level washer and dryer.
Rounding out this exceptional offering is off-street driveway parking for two cars in tandem-an amenity rarely found in Georgetown. Updated with care by meticulous owners, 2808 Olive Street NW is a rare opportunity to enjoy classic Georgetown charm paired with modern ease and thoughtful functionality.
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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 |
|---|---|---|---|
| Mar 6, 2026 | Sold | ||
| Sold | |||
| Feb 25, 2026 | In contract | - | |
| In contract | |||
| Feb 19, 2026 | Listed by Compass | $1,315,000 | |
| Listed by Compass | |||
Property Highlights
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017