4041 27TH ROAD N
About This Property
With nearly 5,000 square feet of interior space, 5 bedrooms, and 3.5 bathrooms, plus 1-2 home offices, this home offers plenty of room to update, reimagine, or expand. Options abound! You can move in and renovate over time, or take on a full transformation to bring your vision to life. The hardwood floors under the upper level carpet are just waiting to be revealed and refinished, and the graciously sized rooms on all three levels provide excellent bones to work with.
The lower level adds even more versatility, with a large walkout rec room, a private bedroom with separate entrance, a full bath, sauna, and storage-ideal for guests, multigenerational living, or future flex space. Whether you're a buyer looking to personalize a home with great potential, or a builder eyeing the large R-20 zoned lot, the possibilities here are extensive. Perhaps you want to add an ADU, pool, add more garages? So many possibilities! This home has been lovingly maintained by its longtime owners, and it's ready for its next chapter. It is being sold strictly "as is".
Located in the sought-after Dover/Balmoral neighborhood, this property is surrounded by the best of Arlington: wooded trails, nearby parks, and the Donaldson Run Pool just a short walk away via a neighborhood path. Whether you enjoy walking, biking, gardening, or simply relaxing in a private backyard oasis, this setting delivers. New construction on lots this size sell for well over $3M.
Conveniently close to schools, shops, and major commuter routes, you'll enjoy easy access to the GW Parkway, Chain Bridge and Route 66, making for a quick commute to Washington, D.C. or Tysons. Zoned for Taylor Elementary, Dorothy Hamm Middle, and Yorktown High School, with access to Arlington's countywide options like Escuela Key, Arlington Traditional, and Montessori programs.
Just minutes from the vibrant dining and retail scenes of Cherrydale, Clarendon, and Ballston, this home is perfectly located to enjoy everything North Arlington has to offer. Floorplans and plat available.
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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 |
|---|---|---|---|
| Sep 11, 2025 | Sold | ||
| Sold | |||
| Aug 19, 2025 | In contract | - | |
| In contract | |||
| Jul 25, 2025 | Price Decreased |
$1,775,000
↓ $75K
(4.1%) | |
| Price Decreased | |||
| Jul 12, 2025 | Price Decreased |
$1,850,000
↓ $100K
(5.1%) | |
| Price Decreased | |||
| Jun 6, 2025 | Listed by RE/MAX Distinctive Real Estate, Inc. | $1,950,000 | |
| Listed by RE/MAX Distinctive Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017