4601 KANE PLACE NE
About This Property
Deanwood is one of D.C.'s most historic neighborhoods, offering a blend of culture, convenience, and community. At its center is the $32 million Deanwood Recreation Center and Library, featuring an indoor pool, fitness center, gymnasium, and year-round programs for all ages. Just blocks away, Marvin Gaye Park provides tree-lined trails, open green space, and community gardens, perfect for outdoor activities and neighborhood gatherings.
Residents also enjoy easy access to daily essentials with grocery options, local eateries, and the East River Park Shopping Center nearby. For commuting, the Deanwood Metro Station on the Orange Line ensures a quick connection to Capitol Hill and downtown Washington, while several bus routes and bike-share stations add flexibility. With its small-town feel, rich history, and growing investment in community spaces, Deanwood offers both comfort and convenience in one of the city's most unique settings.
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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 25, 2025 | Sold | ||
| Sold | |||
| Aug 28, 2025 | In contract | - | |
| In contract | |||
| Aug 25, 2025 | Listed by RLAH @properties | $500,000 | |
| Listed by RLAH @properties | |||
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About Northeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017