One-Bedroom Residential Income
For Sale
$399,900
1001 L STREET NW Unit 211, Washington, DC 20001
Updated unit with courtyard outlook, in-unit laundry, and access to resident-focused building amenities.
Property Size748 SF
Days on Market88
Property Features for 1001 L STREET NW Unit 211
General Information
Standard status
Active
Size
748 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Shaw
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,285
Amenities
weekday concierge service
resident lounge
bike storage
pet friendly atmosphere
in-unit washer and dryer
new appliances
granite counters
new flooring
walk-in closet
Building Details
Building Size
748 SF
Year Built
2004
Listing Agency:
RLAH @properties
Listed By:
Christopher M Sartwell
(240) 353-3164
Source:
Kwcapitalproperties
Added: Aug 5
Changed: Oct 25
Last Checked: Oct 30 at 11:56PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Unit 211 is a one-bedroom residential income property in a 2004 building, with an open-concept living area oriented toward the courtyard. Recent interior improvements include fresh paint, new flooring throughout, new bedroom carpet, and updated kitchen appliances. The kitchen also features granite counters, while the bedroom offers a walk-in closet and the unit includes an in-unit washer and dryer.
Building amenities include weekday concierge service, a resident lounge, bike storage, and a pet-friendly atmosphere. The property is within walking distance of 3 metro stops and near Cap 1 Arena, Shaw, CityCenter DC, and Gallery Place, with dining and shopping options nearby.
Building amenities include weekday concierge service, a resident lounge, bike storage, and a pet-friendly atmosphere. The property is within walking distance of 3 metro stops and near Cap 1 Arena, Shaw, CityCenter DC, and Gallery Place, with dining and shopping options nearby.
Key Highlights
- One‑bedroom unit with open‑concept living area and courtyard outlook
- Fresh paint, new flooring throughout, and new bedroom carpet
- Kitchen includes new appliances and granite counters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,428
Cap Rate
3.11%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$248,560
$248.6K
Cap Rate 7%
$177,543
$177.5K
Cap Rate 9%
$138,089
$138.1K
Market Conditions
NOI Build-Up for 748 SF
Gross rent
$23.8K $31.80/SF
− Vacancy
−$1.2K −$1.59/SF
EGI
$22.6K $30.21/SF
− OpEx
−$10.2K −$13.59/SF
NOI
$12.4K $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%
$248,560
Cap Rate 7%
$177,543
Cap Rate 9%
$138,089
Alternative Uses
Best Use
Apartment 5plus
$177.5K
$155.4K – $207.1K
NOI $12,428 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$384.7K
$336.7K – $448.9K
NOI $26,932 @ 7.0% cap · market cap 6.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
14,675
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Frequently Asked Questions
What type of property is this?
Residential income property - Updated unit with courtyard outlook, in-unit laundry, and access to resident-focused building amenities.
Where is this residential income property located?
The property is located at 1001 L STREET NW Unit 211 Washington, DC.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: One‑bedroom unit with open‑concept living area and courtyard outlook; Fresh paint, new flooring throughout, and new bedroom carpet; Kitchen includes new appliances and granite counters
