609 PROSPECT PLACE
About This Property
The heart of the home is the updated kitchen, complete with custom cabinetry, solid surface counters, and modern appliances, including a gas stove for the home chef. The spacious dining room, accented with custom wood paneling and chair rail, is ready to host everything from intimate dinners to large holiday gatherings. The living room features a cozy wood-burning fireplace, and a versatile sitting area near the side entrance doubles as a perfect mudroom and houses the laundry area.
The lower level expands your living space with a second kitchen, a welcoming Rec Room with a wood-burning stove, an office, and ample storage. Walk-up exterior access makes the lower level ideal for flexible living arrangements.
Step outside to enjoy outdoor living at its best. A covered porch with composite decking leads to a generous maintenance-free composite deck, complete with a retractable awning for those sunny afternoons. You will also love the mature landscaping and perennial flowers, sprinkled amongst the stone pavered walkways around the house. But the real bonus is the large detached workshop-fully equipped with electricity, mini-split heating and cooling, a gas heater, and even its own bathroom. With separate electric metering and zoning that may allow for conversion to an ADU, the possibilities are endless for multi-generational living, a home office, or creative studio.
All of this is nestled in the peaceful and established Seminary Valley neighborhood, offering a tranquil setting that's just moments from shopping, dining, and everything that makes Alexandria such a vibrant place to call home. With easy access to major commuting routes and international airports, convenience and comfort come together perfectly in this exceptional property.
Payment Calculator
Your Estimated Monthly Payment
Cap Rate Calculator
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 |
|---|---|---|---|
| Aug 1, 2025 | Sold | ||
| Sold | |||
| Jul 5, 2025 | In contract | - | |
| In contract | |||
| Jun 12, 2025 | Listed by Washington Fine Properties, LLC | $899,000 | |
| Listed by Washington Fine Properties, LLC | |||
Property Highlights
Building Info
Comparables
Status
Price/ft²
Listed On
Sold On
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017