Two-Bedroom Residential
New
For Sale
$675,000
1200 CRYSTAL DRIVE Unit 912, Arlington, VA 22202
Building amenities include a fitness center, a 24-hour front desk, and an on-site engineer.
Property Size1,444 SF
Price / SF$467.45
Days on Market6
Property Features for 1200 CRYSTAL DRIVE Unit 912
General Information
Standard status
Active
Size
1,444 SF
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/2BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,768
Amenities
fitness center
24-hour front desk
on-site building engineer
Building Details
Building Size
1,444 SF
Year Built
1986
Listing Agency:
Compass
Listed By:
Pamela B Wye · License #SP215075
(202) 320-4169
Source:
Kerishull
Added: Oct 16
Changed: Oct 21
Last Checked: Oct 21 at 2:00AM
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
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.
Located on the ninth floor of The Waterford, this 1,444-square-foot residence has two bedrooms, two full bathrooms, spacious rooms, large storage closets, and a balcony. The building was constructed in 1986 and provides a fitness center, a 24-hour front desk with receptionist, and an on-site building engineer. The balcony overlooks the Potomac River and Washington Monument.
The residence is less than half a mile from Crystal City Metro station and a bus stop, with access to Route 1 and I-395. National Airport is less than 10 minutes away by car. Nearby destinations include Amazon HQ2 at National Landing, Long Bridge Park, the Long Bridge Aquatics & Fitness Center, and shops, restaurants, and entertainment.
The residence is less than half a mile from Crystal City Metro station and a bus stop, with access to Route 1 and I-395. National Airport is less than 10 minutes away by car. Nearby destinations include Amazon HQ2 at National Landing, Long Bridge Park, the Long Bridge Aquatics & Fitness Center, and shops, restaurants, and entertainment.
Key Highlights
- Two bedrooms and two full bathrooms in 1,444 square feet
- Ninth‑floor unit with a balcony overlooking the Potomac River and Washington Monument
- The Waterford was built in 1986
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,729
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,580
$434.6K
Cap Rate 7%
$310,414
$310.4K
Cap Rate 9%
$241,433
$241.4K
Market Conditions
NOI Build-Up for 1,444 SF
Gross rent
$41.6K $28.80/SF
− Vacancy
−$2.1K −$1.44/SF
EGI
$39.5K $27.36/SF
− OpEx
−$17.8K −$12.31/SF
NOI
$21.7K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$434,580
Cap Rate 7%
$310,414
Cap Rate 9%
$241,433
Alternative Uses
Best Use
Apartment 5plus
$310.4K
$271.6K – $362.2K
NOI $21,729 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$802.0K
$701.8K – $935.7K
NOI $56,143 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,934
Businesses Nearby
Explore this area
Business Placement
Demographics for 22202, VA
28,472
Population
18,110
Households
1.6
Avg Household Size
35
Median Age
84%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
7,301
Density / Sq Mi
$141,933
Median Household Income
$92,818
Median Earnings
$2,448
Median Rent
$838,400
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 - Building amenities include a fitness center, a 24-hour front desk, and an on-site engineer.
Where is this residential income property located?
The property is located at 1200 CRYSTAL DRIVE Unit 912 Arlington, VA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Two bedrooms and two full bathrooms in 1,444 square feet; Ninth‑floor unit with a balcony overlooking the Potomac River and Washington Monument; The Waterford was built in 1986
