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4509 32ND STREET
About This Property
This spacious 4-bedroom, 3.5-bath home was designed for comfortable everyday living and effortless entertaining. Inside, hardwood floors, crown molding, abundant natural light, and an open layout create a warm and inviting atmosphere. At the center of the home, the generous kitchen features stainless steel appliances, granite countertops, custom cabinetry, and an oversized breakfast bar that connects naturally to the main living and dining areas.
Upstairs, spacious bedrooms include a private primary suite with an en-suite bath, while the fully finished lower level adds valuable flexibility for a recreation room, guest space, home office, gym, or additional living area.
Outside is where this property truly separates itself. The expansive 0.4-acre lot provides a rare amount of usable outdoor space, complemented by a private deck perfect for entertaining, dining outdoors, or simply enjoying the backyard. A detached two-car garage adds another feature rarely found together with this much land and living space so close to Washington, DC.
Located in the heart of Mount Rainier, the home offers convenient access to the Mount Rainier Arts District, local parks and restaurants, major commuter routes, and Metro, while NoMa, Union Market, Capitol Hill, and downtown DC are all just minutes away.
Modern construction. Nearly 3,000 square feet. Four bedrooms. Three and a half baths. A finished lower level. A 0.4-acre lot. And a two-car garage. 4509 32nd Street offers a combination that is genuinely hard to replicate in Mount Rainier.
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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 |
|---|---|---|---|
| Oct 1, 2026 | In contract | - | |
| In contract | |||
| Sep 2, 2026 | Price Decreased |
$615,000
↓ $35K
(5.4%) | |
| Price Decreased | |||
| Jul 16, 2026 | Price Decreased |
$650,000
↓ $49K
(7%) | |
| Price Decreased | |||
| Jun 18, 2026 | Listed by The Agency DC | $699,000 | |
| Listed by The Agency DC | |||
| Feb 6, 2014 | Sold | ||
| Sold | |||
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About Mount Rainier
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017