Residential Income Property with Flex
For Sale
$315,000
1 SCOTT CIRCLE NW Unit 112, Washington, DC 20036
A renovated kitchen, hardwood floors, and a glass-partitioned flex room shape the one-bedroom unit.
Property Size656 SF
Days on Market11
Property Features for 1 SCOTT CIRCLE NW Unit 112
General Information
Standard status
Active
Size
656 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 bedroom with flex-room
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$864
Amenities
24-hour front desk
roof deck
extra storage
bike room
Building Details
Building Size
656 SF
Year Built
1941
Listing Agency:
RLAH @properties
Listed By:
Robert W Sabanosh · License #SP98359926
(202) 213-9979
Source:
Kwcapitalproperties
Added: Oct 9
Changed: Oct 11
Last Checked: Oct 16 at 4:22PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of RLAH @properties
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Investment Insights
Based on property information with market context.
This one-bedroom unit includes a separate flex room divided from the living area by glass and French doors. The room can serve as a dining area, bedroom, or office. Hardwood flooring runs throughout, and the kitchen has been renovated. The unit also has two walk-in closets and was freshly painted. The building dates to 1941 and provides a 24-hour front desk, package and mail handling, a roof deck, extra storage, and a bike room.
The property is at Scott Circle in Washington, DC, with dining and shopping corridors on 14th, 17th, and U Street. Whole Foods is two blocks away, and the Red, Orange, Blue, and Silver Metro lines are nearby. The White House is five blocks south. The condo fee covers gas, heat, air conditioning, water, front desk service, cable, and internet. Pets are permitted.
The property is at Scott Circle in Washington, DC, with dining and shopping corridors on 14th, 17th, and U Street. Whole Foods is two blocks away, and the Red, Orange, Blue, and Silver Metro lines are nearby. The White House is five blocks south. The condo fee covers gas, heat, air conditioning, water, front desk service, cable, and internet. Pets are permitted.
Key Highlights
- One‑bedroom unit with a flex room separated by glass and French doors
- Renovated kitchen, hardwood floors, and two walk‑in closets
- Building constructed in 1941
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,900
Cap Rate
3.46%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,000
$218.0K
Cap Rate 7%
$155,714
$155.7K
Cap Rate 9%
$121,111
$121.1K
Market Conditions
NOI Build-Up for 656 SF
Gross rent
$20.9K $31.80/SF
− Vacancy
−$1.0K −$1.59/SF
EGI
$19.8K $30.21/SF
− OpEx
−$8.9K −$13.59/SF
NOI
$10.9K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$218,000
Cap Rate 7%
$155,714
Cap Rate 9%
$121,111
Alternative Uses
Best Use
Apartment 5plus
$155.7K
$136.3K – $181.7K
NOI $10,900 @ 7.0% cap · market cap 3.46%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$337.4K
$295.3K – $393.7K
NOI $23,620 @ 7.0% cap · market cap 7.50%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
26,050
Businesses Nearby
Explore this area
Business Placement
Demographics for 20036, DC
6,109
Population
4,383
Households
1.4
Avg Household Size
33
Median Age
95%
College-Educated
100%
High-School Grad
0.3 sq mi
ZIP Area
20,363
Density / Sq Mi
$105,800
Median Household Income
$98,527
Median Earnings
$2,301
Median Rent
$442,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A renovated kitchen, hardwood floors, and a glass-partitioned flex room shape the one-bedroom unit.
Where is this residential income property located?
The property is located at 1 SCOTT CIRCLE NW Unit 112 Washington, DC.
What is the asking price?
The asking price for this property is $315,000.
What are key features of this property?
This property features: One‑bedroom unit with a flex room separated by glass and French doors; Renovated kitchen, hardwood floors, and two walk‑in closets; Building constructed in 1941
