2840 CHESAPEAKE STREET NW
About This Property
On the upper level, discover a fully updated owner's suite, complete with a wood-burning fireplace, thoughtfully designed double walk-in closets, and a luxurious marble-tiled bathroom featuring heated floors, double sinks, and a glass shower. Two additional sunlit bedrooms share an artisan bath with a glass shower, soaking tub, and heated floors.
The rare third floor offers three versatile rooms, perfect for an office, guest space, or play area, all sharing another bathroom with a glass shower and heated floors. The spacious lower level provides abundant storage, a large walk-in laundry room, a gym/storage area, and a Moroccan-inspired steam shower full bath.
Distinctive character details such as a stone wall, built-in shelves, and an under-staircase dog cove add unique charm to this home. The flat backyard includes a play area with a slide, a large patio, and a detached two-car garage, ideal for a future guest house. HOME GENERATOR CONVEYS
Located just minutes from restaurants and shops on Connecticut Ave, blocks from Rock Creek Park, and only 1/2 mile from Van Ness Metro, this home is a walker's paradise. Enjoy local favorites like Politics & Prose, Sfoglina, Italian Bar, and Call Your Mother.
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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%.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 15, 2025 | Sold | ||
| Sold | |||
| Jun 15, 2025 | In contract | - | |
| In contract | |||
| Jun 13, 2025 | Price Decreased |
$2,250,000
↓ $150K
(6.3%) | |
| Price Decreased | |||
| May 7, 2025 | Listed by Compass | $2,400,000 | |
| Listed by Compass | |||
| Aug 6, 2019 | No longer available | - | |
| No longer available | |||
Property Highlights
Building Info
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017