4802 20TH PLACE N
About This Property
WHAT MAKES THIS HOME STAND OUT? Four bedrooms and a loft with two full bathrooms and main-level guest bath with excellent natural light throughout the home. The fully finished basement includes a family room, separate bedroom, full bathroom, storage, and direct exterior access. 50+ ft private driveway. The spacious, flat, and fully-fenced backyard has a large deck, patio, and shed backing up to wooded Slater Park. The front yard receives great sunlight for gardening. Glebewood Village has no HOA.
Major systems have been well maintained and updated including refinished hardwood floors (2026), fresh paint (2025), new upstairs carpet (2025), roof replacement (2022), new gutters and downspouts (2021), furnace (2018), most appliances (2018), and water heater (2015).
WHAT MAKES THIS LOCATION STAND OUT? Easy access to restaurants and shops of Langston Blvd and Lee Heights. Excellent walkability to local favorites likes award-winning Cafe Colline, Heidelberg Pastry Shoppe, Livin' The Pie Life, Lebanese Taverna, Metro 29 Diner, and Arrowine for nationally recognized cheese selection, wine, beer, and gourmet goods. One mile to multiple grocery stores including Harris Teeter and Safeway. Just over one mile to Ballston Metro and Ballston's dozens of restaurants, bars, and retail shops. Under one mile to the renowned Virginia Hospital Center. 1/2 mile to Custis Trail and short walk through the park to Glebe Elementary, multiple parks and playgrounds, and Langston Brown Community Center.
Short drive to Washington DC, Tysons, the Pentagon, Amazon HQ2, and two major airports (Regan National and Dulles International). Blocks to multiple bus stops for easy public transit by bus or Metro.
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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.
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About Glebewood
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017