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700 TAGGART STREET
About This Property
Just blocks from the water, this exceptional new construction home brings timeless architecture and modern design together on a coveted corner lot - offering the very best of Colonial Beach living.
A classic wraparound front porch sets the tone before you even step inside, leading into a bright, open-concept main level built for everyday living and effortless entertaining. The gourmet kitchen anchors the space with a breakfast island and walk-in pantry, flowing seamlessly into the living and dining areas. A flexible main-level bedroom adds convenience for guests or multigenerational living, while the screened-in back porch offers a peaceful spot to unwind year-round.
Upstairs, the primary suite feels like a private escape, complete with its own wraparound balcony, an expansive walk-in closet, and a spa-inspired en suite featuring a soaking tub, walk-in shower, and designer finishes throughout. Two additional bedrooms, a full bath, and upstairs laundry connections round out this well-planned floor plan.
From the wraparound porches to the thoughtfully designed living spaces, this home delivers modern coastal charm just moments from the Potomac. Opportunities like this - new construction with this much character, this close to the river - don't come around often.
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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%.
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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 |
|---|---|---|---|
| Sep 17, 2026 | Listed by Coldwell Banker Elite | $599,000 | |
| Listed by Coldwell Banker Elite | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017