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629 PROSPECT PLACE
About This Property
The main level includes two bedrooms and a stylishly-renovated full bath, while the upper level offers two additional bedrooms and a second full bath. A warm and inviting living room with wood-burning fireplace and a formal dining room with custom built-ins add timeless character. The walk-out, lower level provides flexible living space, ample storage, and a full-size laundry area. Set on a expertly-landscaped lot with extensive hardscaping and off-street driveway parking, this home is just moments to shopping, dining, and major commuter routes including DC, the Pentagon, Old Town, and Reagan National Airport.
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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 |
|---|---|---|---|
| Aug 3, 2026 | Sold | ||
| Sold | |||
| Jun 3, 2026 | In contract | - | |
| In contract | |||
| May 31, 2026 | Price Decreased |
$879,900
↓ $20K
(2.2%) | |
| Price Decreased | |||
| Apr 22, 2026 | Listed by TTR Sotheby's International Realty | $899,900 | |
| Listed by TTR Sotheby's International Realty | |||
| Mar 25, 2024 | Sold | ||
| Sold | |||
Property Highlights
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About Seminary Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017