515 S STREET NW
About This Property
Welcome to this exceptional, move-in ready row home in the heart of the vibrant Shaw neighborhood. A walker and biker's paradise – with walk scores of 95 and 93 respectively – you'll love this location and this special home. The 2-bedroom, 2.5- bathroom residence offers 1,544 sq. ft. of thoughtfully designed and renovated open living space.
The main level features a spacious front Living room with ample light and built-in bookshelves; a warm and welcoming separate Dining area and adjoining Powder Room; and a modern, European-style showcase Chef's Kitchen with separate taps for filtered and hot water.
Upstairs, both oversized Bedrooms display 1920s charm with exposed brick feature walls. The Owner's Suite offers a rare walk-in, custom closet and laundry area, alongside a renovated Bathroom with a glass-enclosed rain shower. The spacious second Bedroom includes two closets plus an ensuite full Bathroom with a tub shower and a newly installed vanity sink and faucet.
The outside features a large, private rear yard with sitting wall, mature landscaping, and paver patio, as well as a sunny, pleasant front sitting porch.
Additional features include fresh, tasteful interior painting throughout (2025), refinished hardwood floors on the main level, a showpiece Bertazzoni gas range and oven, newer Bosch dishwasher, newer windows, recessed lighting and ceiling fans and a tankless water heater.
With the upscale S Street Revitalization Plan nearly complete, the area has new plant and tree landscaping, updated lighting, improved pedestrian safety, and plentiful zoned street parking. The house is minutes to several Metro stations, bus lines, and everything the Shaw/Logan Circle/U St neighborhoods have to offer.
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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 30, 2025 | Sold | ||
| Sold | |||
| Jun 1, 2025 | In contract | - | |
| In contract | |||
| Apr 29, 2025 | Price Decreased |
$899,000
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Mar 27, 2025 | Listed by Stuart & Maury, Inc. | $919,000 | |
| Listed by Stuart & Maury, Inc. | |||
| Mar 23, 2021 | No longer available | - | |
| No longer available | |||
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