One-Bedroom Residential Income
For Sale
$245,000
1 SCOTT CIRCLE NW Unit 616, Washington, DC 20036
The condo fee includes heat, central air, gas, water, sewer, cable TV, and high-speed internet.
Property Size482 SF
Price / SF$508.30
Days on Market105
Property Features for 1 SCOTT CIRCLE NW Unit 616
General Information
Standard status
Active
Size
482 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northwest
Public Transit
Yes
Utilities to Site
Yes
Additional Details
HOA Fee
$615
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$1,771
Amenities
concierge
rooftop deck
wi-fi
grills
resident library
secure bike room
laundry
Building Details
Building Size
482 SF
Year Built
1941
Construction
Art Deco
Listing Agency:
Compass
Listed By:
Luis A Vivas · License #SP98361541
(240) 479-9124
Source:
Jackrealtygroup
Added: Jul 17
Changed: Oct 27
Last Checked: Oct 26 at 3:01PM
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 Compass
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Investment Insights
Based on property information with market context.
On the sixth floor of the 1941 General Scott, this 482-square-foot, one-bedroom condo features parquet hardwood floors, updated fixtures, fresh paint, and central air conditioning. Glass French doors separate the sleeping area from the living space. A walk-in closet sits near the entry, while a separate dressing room connects the bedroom and bath. The unit also includes gas cooking, a full-size refrigerator, a built-in microwave, and assigned storage on the same floor.
Building amenities include a 24-hour concierge, a landscaped rooftop deck with Wi-Fi and grills, a resident library, a secure bike room, and laundry on the floor. The condo fee covers heat, central air, gas, water, sewer, cable TV, high-speed internet, building insurance, exterior maintenance, management, and reserves.
The property is steps from Dupont Circle and Farragut North, with Red, Blue, Orange, and Silver Line service within a half mile. Whole Foods and Starbucks are two blocks away, the White House is five blocks north, and Capital Bikeshare is at the door. The building is FHA- and VA-approved, and dogs and cats are permitted.
Building amenities include a 24-hour concierge, a landscaped rooftop deck with Wi-Fi and grills, a resident library, a secure bike room, and laundry on the floor. The condo fee covers heat, central air, gas, water, sewer, cable TV, high-speed internet, building insurance, exterior maintenance, management, and reserves.
The property is steps from Dupont Circle and Farragut North, with Red, Blue, Orange, and Silver Line service within a half mile. Whole Foods and Starbucks are two blocks away, the White House is five blocks north, and Capital Bikeshare is at the door. The building is FHA- and VA-approved, and dogs and cats are permitted.
Key Highlights
- 482‑square‑foot, one‑bedroom condo on the sixth floor
- Built in 1941; designed by architect Robert O. Schultz
- Assigned storage located on the same floor as the unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,009
Cap Rate
3.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$160,180
$160.2K
Cap Rate 7%
$114,414
$114.4K
Cap Rate 9%
$88,989
$89.0K
Market Conditions
NOI Build-Up for 482 SF
Gross rent
$15.3K $31.80/SF
− Vacancy
−$766 −$1.59/SF
EGI
$14.6K $30.21/SF
− OpEx
−$6.6K −$13.59/SF
NOI
$8.0K $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%
$160,180
Cap Rate 7%
$114,414
Cap Rate 9%
$88,989
Alternative Uses
Best Use
Apartment 5plus
$114.4K
$100.1K – $133.5K
NOI $8,009 @ 7.0% cap · market cap 3.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$247.9K
$216.9K – $289.3K
NOI $17,355 @ 7.0% cap · market cap 7.08%
Zoning and permitted uses should be independently verified with authorities.
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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 - The condo fee includes heat, central air, gas, water, sewer, cable TV, and high-speed internet.
Where is this residential income property located?
The property is located at 1 SCOTT CIRCLE NW Unit 616 Washington, DC.
What is the asking price?
The asking price for this property is $245,000.
What are key features of this property?
This property features: 482‑square‑foot, one‑bedroom condo on the sixth floor; Built in 1941; designed by architect Robert O. Schultz; Assigned storage located on the same floor as the unit
