5024 ADDISON ROAD
About This Property
Tucked away on a private 5,159 sq. ft. lot in Fairmount Heights, this 1950s charmer gives you the one thing condos can't: freedom. No shared walls, no stairs, and absolutely no HOA telling you what color your door can be.
Step inside and you'll instantly feel it, the calm of a bright, open living room ready for all the cozy moments of fall. Down the hall, three bedrooms adapt to your life: restful retreats, a guest room for the favorite cousin, or that home office you've been promising yourself for years.
The full bath got a 2025 glow-up, fresh tile, new vanity, sleek fixtures, and spa-level vibes. Translation: no cringe, no crust, just clean lines and modern calm.
Then comes the game-changer: the oversized rec room addition. This is the space that makes you pause and think, yep, this is where life happens. Game nights stretch long into the evening, Super Bowls feel larger than life, or your dream creative studio finally comes alive. However you imagine it, this room gives you the freedom to make it yours.
The kitchen? She's leveled up too. In 2025 she scored a brand-new stove and dishwasher. The kitchen also boasts a motion-sensing faucet, water filter, and a fridge with an ice maker {because crushed ice just makes drinks taste fancier}.
And let's talk about peace of mind:
✅ New copper plumbing (2025)
✅ New hose bibs with vacuum breakers (2025)
✅ New Roof (2021)
✅ HVAC air conditioner overhaul (2021)
✅ Water heater (2020)
✅ Refinished hardwood floors (2020)
Out back, the fully fenced yard is your low-maintenance oasis; newly landscaped in 2025 with sleek rock design with room to play, lounge, or fire up the grill under the covered patio, rain or shine. Bonus points for the two-car driveway (no more street parking roulette) and a full-length attic ready to stash holiday bins, hobbies, or your next big idea.
And yes, location matters. You're less than a mile to Deanwood Metro for easy city access, and minutes from Dakota Crossing with Costco, Lowe's, Marshalls, and all your weekend errands in one convenient hub.
Bottom line: For less than most one-bedroom condos in D.C., you get a move-in ready detached home with outdoor space, flexible rooms, and the expensive upgrades already done.
Homes like this (detached, renovated, at $300K) don't last long. Your next chapter starts here and it's not in a shoebox.
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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 |
|---|---|---|---|
| Nov 26, 2025 | Sold | ||
| Sold | |||
| Oct 22, 2025 | In contract | - | |
| In contract | |||
| Oct 16, 2025 | Listed by RLAH @properties | $300,000 | |
| Listed by RLAH @properties | |||
| Jun 14, 2020 | No longer available | - | |
| No longer available | |||
| May 15, 2020 | No longer available | - | |
| No longer available | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017