4640 Q STREET NW
About This Property
Situated on a quiet street in the Palisades, this custom-built home offers extraordinarily easy city living with bonus river views. Designed by Rill Architects and constructed with the highest quality materials and finishes, this is an incredible opportunity to become only the second owner of a truly special property.
The home opens with a spacious entry foyer offering immediate views of the outdoors through one of the many large-scale windows found throughout. There is ample wall space for displaying art, along with immediate access to the elevator (servicing all levels) and a dramatic, light-filled stairwell. This level includes three bedrooms and two full baths, all offering a distinct sense of privacy and access to outdoor spaces, including a large deck and the garden.
The next level features a beautiful and tranquil primary suite, complete with a double-vanity bath, a large steam shower, and a generous walk-in closet. This suite is a true retreat, situated in its own wing of the home. Just down the hall, you'll find a laundry room, another bedroom and full bath with a tub/shower combination, and built-in cabinets for linen storage.
Arriving at the kitchen level, you're greeted by more expansive windows offering treetop and river views. The chef's kitchen includes island seating, a six-burner cooktop, a Sub-Zero refrigerator, wood cabinetry, and striking countertops. The dining and living spaces are expansive and open to the kitchen, offering effortless flow for everyday living or entertaining. The breakfast room overlooks another outdoor space-perfect for stepping outside with a glass of wine or enjoying a quiet moment in nature. A large pantry and a powder room complete this level.
Not to be missed is the roof deck, offering some of the best views of the Potomac and surrounding treetops that one can enjoy from the comfort of home-ideal for both relaxed lounging and large-scale entertaining. The two-car garage is located on the lowest level of the home, with a driveway that accommodates multiple vehicles. Access all levels easily via stairs or the elevator.
Just a short drive to Georgetown or the neighborhood shops and restaurants in the Palisades, with quick access to Virginia and downtown, this location offers the best of easy, contemporary city living.
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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%.
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 |
|---|---|---|---|
| Jun 20, 2025 | Sold | ||
| Sold | |||
| Jun 3, 2025 | In contract | - | |
| In contract | |||
| May 28, 2025 | Price Decreased |
$2,650,000
↓ $145K
(5.2%) | |
| Price Decreased | |||
| May 2, 2025 | Listed by Compass | $2,795,000 | |
| Listed by Compass | |||
Property Highlights
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017