4531 Q PL NW
About This Property
The modified ranch-style, single-level residence features 3 bedrooms, including a primary bedroom en suite bath, 2 additional full baths and a comfortable layout with great circular flow. The bedrooms all feature gleaming oak flooring.
The partially finished basement offers additional space: think home office, workshop, recreation room or media space. You'll definitely appreciate the expansive detached garage which provides off-street parking and additional multi-function storage. It's convenient alleyway access is a rare and valuable feature in this coveted neighborhood.
Situated between Foxhall Road and MacArthur Blvd, 4531 Q Place, NW is perfectly positioned just a block from the recently renovated Hardy Playground and within walking distance of Georgetown University. Metro Bus service is very close-by and MacArthur Blvd. provides easy commuting access to the Whitehurst Freeway, Downtown, Rosslyn, National Airport or the Beltway. Shouldn't 4531 Q Place, NW be your new home address? Offer Deadline Tuesday, Sept. 17th, 2:00 PM. SOLD AS IS.
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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 4, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 13, 2024 | Listed by RE/MAX Allegiance | $1,125,000 | |
| Listed by RE/MAX Allegiance | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017