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903 PEELE PLACE
About This Property
The kitchen features a Wolf 6-burner gas cooktop with griddle, Wolf hood and double ovens, stone countertops, skylight, abundant cabinetry, and a large island with seating for four. The bright, open main level flows effortlessly between the kitchen, living room, family/TV room and spectacular sunroom/dining room with in floor-to-ceiling windows.
Two main-level bedrooms and an accessible bath with a curbless wet-room shower provide flexibility for guests, family members or one-level living. Upstairs, the third and fourth bedrooms share a remodeled full bath. The expansive lower level adds a home office, den/workout room, laundry, cedar closet and abundant storage.
Outside, a stone patio overlooks the level backyard with room for dining, gardening, pets and play. A whole-house automatic generator, paver driveway and level paved access add everyday convenience. Just minutes from the future Inova Alexandria Hospital complex at Landmark. A truly special home designed to live beautifully today-and for years to come.
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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 |
|---|---|---|---|
| Oct 24, 2026 | In contract | - | |
| In contract | |||
| Oct 8, 2026 | Listed by Corcoran McEnearney | $839,000 | |
| Listed by Corcoran McEnearney | |||
| Oct 7, 2026 | Price Change | $829,000 | |
| Price Change | |||
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About Seminary Hill
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017