4551 GRANT RD NW
About This Property
Step inside to find the inviting foyer with coat closet leading you to the sitting area with a gas burning fireplace. The open dining space is large enough for an 8 person table and flows seamlessly into the custom, gourmet kitchen. This space is completed with stainless steel appliances, ample storage and a large island with room for four bar stools. Don't miss the custom fitted and remote operated, pop-up TV toward the end of the island, perfect for streaming your favorite cooking show! The step down living room offers a designated space with high ceilings, flooded with natural light radiating through the large windows overlooking tree lined views. Rounding out this level is a powder bathroom with custom removable wall paper and a large mudroom featuring pantry space and custom cubbies.
The upper level features a stunning primary bedroom with high ceilings, huge windows, fitted his and hers walk-in closets, and a 5 piece ensuite bathroom with tiled walls. The three additional bedrooms and full bathroom complete this level. Don't miss the secret passageway between the children's bedrooms through the closet!
The walk-out basement is the ultimate space for entertainment and relaxation. The bedroom is a perfect size for a guest suite or home office and is situated across the hall from the third full bathroom. The laundry room offers ample storage space as well. Enjoy the generously sized backyard private and serene patio, perfect space to eat dinner alfresco. The exterior is also set up with a watering system for gardening beds and showcases a new paver driveway large enough for two cars and plenty of street parking.
Don't miss your opportunity to live in one of DC's hottest neighborhoods! Grant Road is a neighborly street with kind faces and one of the best kept secrets in DC! The history of Grant Road: The Grant Road Historic District is a two-block area that holds significant historical value with a preserved country lane. This district is important as it preserves a collection of modest rural dwellings and represents an integral part of the village of Tenleytown. Despite Washington's expansion, this segment of Grant Road has survived, serving as a visible reminder of the area's rural origins.
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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 |
|---|---|---|---|
| May 10, 2024 | Sold | ||
| Sold | |||
| Apr 9, 2024 | In contract | - | |
| In contract | |||
| Apr 4, 2024 | Listed by Compass | $2,099,000 | |
| Listed by Compass | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017