5615 MACARTHUR BLVD NW
About This Property
Welcome to this fabulous, sophisticated 3,700+sf colonial w/2-car garage and brand new garage door, and the best value in Kent, Berkley & the Palisades!!! Grand 2-story foyer w/marble flooring, chandelier & vaulted ceiling, living room w/oversized bay window & gas-fired coal basket fireplace, powder room, formal dining room, study/library, laundry closet, updated gourmet kitchen w/island open to breakfast room, pantry closet & family room w/wood-burning fireplace. Notable features on the main level include 9' ceilings, hardwood flooring throughout, recessed lighting, crown & chair moldings, and freshly painted interior. French doors in the kitchen and family room lead to the private backyard oasis w/an expansive slate terrace for grand entertaining, beautiful gardens, a storage shed, outdoor lighting, and the upper-level backyard featuring terraced gardens and a sundeck, accessible by a wrought iron spiral staircase. The home's upper level has a fantastic primary bedroom suite with an updated bath (separate tub & shower) & 2 walk-in closets. 2nd & 3rd bedrooms afford ample closet space and access to the hallway full bath. The 4th bedroom has a cathedral ceiling, bay window, Vermont Castings gas stove w/remote & the ensuite full bath. Convenient to Georgetown, downtown DC, MD, and VA via MacArthur Blvd., Clara Barton & GW parkways, and I-495, close to the Capital Crescent Trail, C&O Canal, Archbold Park, and Hardy Playground. And so many neighborhood shops, restaurants, and cafes are only a stroll away!
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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 |
|---|---|---|---|
| Feb 6, 2025 | Sold | ||
| Sold | |||
| Jan 24, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Listed by Long & Foster Real Estate, Inc. | $1,700,000 | |
| Listed by Long & Foster Real Estate, Inc. | |||
| Aug 19, 2020 | No longer available | - | |
| No longer available | |||
| Jul 16, 2020 | Price Decreased |
$1,460,000
↓ $35K
(2.3%) | |
| Price Decreased | |||
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