4609 MACARTHUR BLVD NW #B
About This Property
The main level features the perfect living room grounded by a woodburning fireplace and French doors that step out to the private balcony and lower-level terrace. Up from the living room is a spacious dining area just off the eat in kitchen wrapped in French doors. Upstairs two bedrooms on either end help create privacy. The primary features an updated en-suite bath and large closets. The second is also generous with room for an office. The hallway is flooded with sunshine from the skylight as is the hall bath.
In the sought-after community of The Strand which features lush landscaping and extensive hardscaping connecting the community. This unit has dedicated private parking easily accessed via a staircase up to the unit's welcoming exterior terrace.
The Strand is a lovely community with well-manicured brick lined grounds. Assigned parking and super easy street parking in front make the home the most convenient in the Palisades. Just minutes from Lupo Verde, Et Voila!, Black Salt, Black Coffee, CVS and more. A quick trip down MacArthur puts you in Georgetown, or on the Key Bridge or Whitehurst Freeway in minutes.
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Cap Rate Calculator
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Dec 15, 2023 | Sold | ||
| Sold | |||
| Nov 26, 2023 | In contract | - | |
| In contract | |||
| Nov 17, 2023 | Listed by Coldwell Banker Realty - Washington | $730,000 | |
| Listed by Coldwell Banker Realty - Washington | |||
| Sep 17, 2021 | No longer available | - | |
| No longer available | |||
| Aug 19, 2021 | Relisted | $675,000 | |
| Relisted | |||
Property Highlights
Comparables
Status
Price/ft²
Listed On
Sold On
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
11/17/2023
|
2 Bed
|
3 Bath
|
1174 ft²
|
$730,000
2 Bed
3 Bath
1174 ft²
|
$730,000
12/15/2023
|
Sherri Anne Green
Coldwell Banker Realty
| |
|
06/18/2021
|
2 Bed
|
3 Bath
|
1174 ft²
|
$675,000
2 Bed
3 Bath
1174 ft²
|
-
-
|
Alishia Richardson
City Chic Real Estate
| |
|
09/15/2018
|
2 Bed
|
3 Bath
|
1174 ft²
|
-
2 Bed
3 Bath
1174 ft²
|
-
-
|
-
| |
|
09/13/2018
| |
2 Bed
|
3 Bath
|
-
|
-
2 Bed
3 Bath
|
-
-
|
-
|
Building Info
About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017