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5248 MACARTHUR BOULEVARD NW
About This Property
The main level offers generous scale and a flexible layout, featuring multiple living areas including a formal living room, additional sitting room, and a spacious family room with fireplace. The kitchen is centrally positioned with access to adjacent dining and living spaces, creating a strong foundation for reimagining the flow and design. A main-level bedroom and full bath add versatility for future use. This level is ready for updates, offering the chance to tailor the space to your vision.
Upstairs, the home opens to a well-maintained upper level in good condition, featuring a large primary suite with walk-in closet, ensuite bath, and private balcony. A dramatic, oversized studio space provides exceptional flexibility for a home office, creative workspace, or additional bedroom, while a separate library adds further dimension to the layout.
The lower level expands the footprint with a large recreation room, additional bedroom, full bath, and storage. Similar to the main level, this space presents an opportunity for renovation and customization to maximize value and functionality.
With its substantial size, flexible layout, and prime location, this property offers an exceptional opportunity to create a dream home or capitalize on its potential as an investment property.
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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 26, 2026 | In contract | - | |
| In contract | |||
| Apr 2, 2026 | Listed by Serhant | $1,499,999 | |
| Listed by Serhant | |||
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About Northwest Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017