One-Bedroom Residential
For Sale
$284,900
Pending
12 ASHBY STREET Unit F, Alexandria, VA 22305
First-floor condominium with a secondary entrance and access to adjacent green space.
Property Size700 SF
Days on Market35
Property Features for 12 ASHBY STREET Unit F
General Information
Standard status
Pending
Size
700 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Potomac West
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,151
Amenities
laundry facilities
Building Details
Building Size
700 SF
Year Built
1939
Year Renovated
2026
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Sep 24
Changed: Oct 27
Last Checked: Oct 26 at 2:19PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 700-square-foot, one-bedroom, one-bathroom condominium occupies the first floor and has a separate secondary entrance. Interior features include refinished hardwood flooring, a remodeled kitchen, an updated bathroom, new windows, and PTAC wall units. The condo association permits installation of an in-unit washer and dryer. A permit for parking is included, and the unit sits beside a resident parking lot.
The property is less than 1 mile from Potomac Yards Metro Station. Its Walk Score is 88, with car, Metro, and bicycle commuting options noted. Del Ray dining, Potomac Yards shopping, and The Birchmere are nearby. The condo fee covers water, trash, exterior and grounds maintenance, laundry facilities, and professional management.
The property is less than 1 mile from Potomac Yards Metro Station. Its Walk Score is 88, with car, Metro, and bicycle commuting options noted. Del Ray dining, Potomac Yards shopping, and The Birchmere are nearby. The condo fee covers water, trash, exterior and grounds maintenance, laundry facilities, and professional management.
Key Highlights
- 700‑square‑foot condominium with one bedroom and one bathroom
- First‑floor unit with a secondary entrance and adjacent green space
- Refinished hardwood floors, remodeled kitchen, and updated bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,730
Cap Rate
3.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,600
$214.6K
Cap Rate 7%
$153,286
$153.3K
Cap Rate 9%
$119,222
$119.2K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$20.6K $29.40/SF
− Vacancy
−$1.1K −$1.53/SF
EGI
$19.5K $27.87/SF
− OpEx
−$8.8K −$12.54/SF
NOI
$10.7K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$214,600
Cap Rate 7%
$153,286
Cap Rate 9%
$119,222
Alternative Uses
Best Use
Apartment 5plus
$153.3K
$134.1K – $178.8K
NOI $10,730 @ 7.0% cap · market cap 3.77%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$388.8K
$340.2K – $453.6K
NOI $27,216 @ 7.0% cap · market cap 9.55%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
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Business Placement
Demographics for 22305, VA
17,849
Population
8,028
Households
2.2
Avg Household Size
34
Median Age
59%
College-Educated
83%
High-School Grad
1.3 sq mi
ZIP Area
13,730
Density / Sq Mi
$109,124
Median Household Income
$64,012
Median Earnings
$1,902
Median Rent
$817,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - First-floor condominium with a secondary entrance and access to adjacent green space.
Where is this residential income property located?
The property is located at 12 ASHBY STREET Unit F Alexandria, VA.
What is the asking price?
The asking price for this property is $284,900.
What are key features of this property?
This property features: 700‑square‑foot condominium with one bedroom and one bathroom; First‑floor unit with a secondary entrance and adjacent green space; Refinished hardwood floors, remodeled kitchen, and updated bathroom
