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4901 IVERSON PLACE
About This Property
Step into this beautifully upgraded 4-bedroom, 2-bath split-level home, ideally located just minutes from Washington, DC, and Northern Virginia. Renovated in 2022, this home has classic charm with fresh updates, featuring newly installed luxury flooring, a fully modernized kitchen with stainless steel appliances and granite countertops, and updated bathrooms with contemporary finishes. Plus, the roof and all windows are new.
The upper level offers sunlit, open-concept living and dining areas with seamless access to a spacious rear deck, perfect for entertaining or enjoying peaceful backyard views. Each of the 4 bedrooms features plush carpet for added comfort and warmth, while generous closet space adds convenience.
The lower level provides a large finished basement with walkout access, a cozy wood-burning stove, and ample room for a family room, home office, or recreation area. The fully fenced backyard and elevated deck overlook a wide open green space, offering both privacy and potential for gardening, play, or gatherings.
A one-car garage plus a private driveway provide convenient off-street parking. Located near parks, shopping, and commuter routes, this move-in-ready home is the perfect blend of space, upgrades, and unbeatable location. This place checks all the boxes for commuters, families, or anyone seeking comfort just outside the city.
Some images may reflect virtual staging or digital editing, including removal of personal property, to help showcase the home.
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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 |
|---|---|---|---|
| Jul 27, 2026 | In contract | - | |
| In contract | |||
| Jul 20, 2026 | Price Decreased |
$350,000
↓ $50K
(12.5%) | |
| Price Decreased | |||
| Jun 4, 2026 | Price Decreased |
$400,000
↓ $25K
(5.9%) | |
| Price Decreased | |||
| May 29, 2026 | Price Decreased |
$425,000
↓ $25K
(5.6%) | |
| Price Decreased | |||
| Apr 13, 2026 | Price Decreased |
$450,000
↓ $10K
(2.2%) | |
| Price Decreased | |||
Property Highlights
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About Hillcrest Heights
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017