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4512 SALEM LANE NW
About This Property
A beautifully landscaped approach and covered entry open to expansive entertaining spaces filled with natural light, soaring ceilings, and refined modern finishes throughout. The open-concept main level is anchored by a chef's kitchen with premium Miele appliances, Dekton countertops, Scavolini cabinetry, an oversized island, and an adjacent pergola-covered courtyard that is perfect for al fresco dining and effortless entertaining.
Designed for both comfort and functionality, the home features an elevator servicing all levels, multiple wet bars, spacious en suite bedrooms, and a luxurious primary suite complete with a spa-inspired bath, soaking tub, and custom walk-in closet. The upper level culminates in a breathtaking rooftop terrace and suite with sweeping views.
Complete with its own living space and kitchen, the fully finished lower level offers exceptional flexibility as a private-entry two-bedroom, two-bath guest or in-law suite. Additional highlights include hardwood floors, extensive built-ins, a mudroom, abundant storage, and an attached two-car garage with EV charging.
Ideally located in one of Washington's most coveted neighborhoods, 4512 Salem Lane NW combines modern elegance, thoughtful design, and premier convenience in a truly exceptional offering.
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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 |
|---|---|---|---|
| Sep 12, 2026 | Price Decreased |
$3,499,900
↓ $200K
(5.4%) | |
| Price Decreased | |||
| May 28, 2026 | Listed by Compass | $3,699,900 | |
| Listed by Compass | |||
| May 16, 2024 | Sold | ||
| Sold | |||
| Mar 15, 2024 | In contract | - | |
| In contract | |||
| Feb 6, 2024 | Relisted | $3,495,000 | |
| Relisted | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017