622 MASSACHUSETTS AVE NE
About This Property
The open-plan main level is an entertainer's dream, featuring an expansive double living parlor with white oak floors that flow seamlessly into a show-stopping gourmet kitchen. Here, an oversized island with waterfall marble countertops takes center stage, complemented by a premium Viking fridge, Bertazzoni stove, and Circa lighting, creating a picture-perfect setting for any culinary occasion. The dining area leads to a wall of sliding glass doors, effortlessly connecting indoor and outdoor living spaces and revealing a serene urban retreat. A custom built-in buffet with wine fridge.
Upstairs, the light-filled primary suite boasts a massive walk-in closet and a spa-like ensuite bath adorned with stunning marble tile finishes. Two additional bedrooms with large custom closets share a beautifully appointed bathroom, continuing the home's luxurious aesthetic.
The fully finished lower level offers flexible living options with a private guest suite, complete with a bedroom, full bathroom, and separate front and rear entrances. There is a separate flex space is in the lower level and can be used as an office, den, second bedroom, or storage room. Outside, the private driveway provides parking for up to four cars, while the spacious backyard invites relaxation, gardening, and outdoor entertaining.
Nestled on one of DC's most coveted, "best-kept secret" blocks, Mass Ave is steps away from Stanton Park and within walking distance of the U.S. Capitol, Eastern Market, Union Station, and countless dining and shopping destinations. With a 93 Walk Score and 99 Bike Score, the location offers unmatched accessibility to Whole Foods, Trader Joe's, and local favorites. Nearby landmarks include the Supreme Court, Library of Congress, and the Senate and House buildings, making this home the ideal blend of luxury and convenience.
Experience the best of Capitol Hill living with this extraordinary 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 |
|---|---|---|---|
| Jan 17, 2025 | In contract | - | |
| In contract | |||
| Jan 17, 2025 | Sold | ||
| Sold | |||
| Jan 8, 2025 | Price Decreased |
$3,349,000
↓ $140K
(4%) | |
| Price Decreased | |||
| Dec 12, 2024 | Listed by TTR Sotheby's International Realty | $3,489,000 | |
| Listed by TTR Sotheby's International Realty | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017