2820 BELLEVUE TERRACE NW
About This Property
This early 20th-century residence has been thoughtfully updated to support modern living while preserving its original architectural character. The interior offers well-proportioned living and entertaining spaces with generous natural light and a functional, flowing layout.
The main level includes a living room with a wood-burning fireplace, a well-appointed kitchen, and a dining area overlooking the rear garden, along with a powder room. The second level features a primary suite with a Waterworks bathroom, two additional bedrooms with en-suite baths, and a laundry room. The third level offers two additional bedrooms and a hall bath, allowing flexible use.
The lower level expands the living space with a large family room featuring a gas fireplace and wet bar, an additional bedroom, a full bathroom, and a storage room. Hardwood floors extend throughout the home, and guest bathrooms are finished with Restoration Hardware fixtures.
Outdoor features include a covered front porch, a rear flagstone patio with pergola, a landscaped garden, and a two-car off-street flagstone parking pad. This property presents a balanced combination of classic design, modern updates, and a desirable Northwest DC location.
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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 |
|---|---|---|---|
| May 21, 2026 | Sold | ||
| Sold | |||
| Apr 25, 2026 | In contract | - | |
| In contract | |||
| Apr 21, 2026 | Price Decreased |
$2,285,000
↓ $40K
(1.7%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$2,325,000
↓ $50K
(2.1%) | |
| Price Decreased | |||
| Feb 24, 2026 | Listed by TTR Sotheby's International Realty | $2,375,000 | |
| Listed by TTR Sotheby's International Realty | |||
Property Highlights
Building Info
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Status
Price/ft²
Listed On
Sold On
About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017