High-Floor Residential Income
For Sale
$399,000
1211 VAN STREET SE Unit 1210, Washington, DC 20003
A one-bedroom residence features floor-to-ceiling windows, custom finishes, and access to the building’s pool and fitness center.
Property Size674 SF
Price / SF$591.99
Days on Market112
Property Features for 1211 VAN STREET SE Unit 1210
General Information
Standard status
Active
Size
674 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Southeast
Public Transit
Yes
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,634
Amenities
rooftop pool and sun deck
fire pits
grilling stations
fitness center
resident lounges
concierge
pet amenities
Building Details
Building Size
674 SF
Year Built
2020
Listing Agency:
Realty ONE Group Capital
Listed By:
Sanam Vivansia · License #SP40002027
(202) 963-9120
Source:
Kartaproperties
Added: Jul 10
Changed: Oct 26
Last Checked: Oct 26 at 3:09PM
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 Realty ONE Group Capital
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Investment Insights
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Located on the 12th floor of The Avidian, this 674-square-foot, one-bedroom residence has ceilings over 9 feet high, eastern exposure, floor-to-ceiling windows, and white oak flooring. The open kitchen is equipped with Miele and Blomberg appliances and a marble backsplash. A black-framed glass bedroom enclosure, organized closets, designer fixtures, and built-in USB-C outlets are among the interior details. The building was completed in 2020.
Residents have access to a rooftop pool and sun deck, fire pits, grilling stations, a fitness center, resident lounges, concierge service, and pet amenities. The building is approximately half a block from the Navy Yard-Ballpark Metro station and near Nationals Park, the waterfront, restaurants, coffee shops, grocery stores, and the Capitol Riverfront.
Residents have access to a rooftop pool and sun deck, fire pits, grilling stations, a fitness center, resident lounges, concierge service, and pet amenities. The building is approximately half a block from the Navy Yard-Ballpark Metro station and near Nationals Park, the waterfront, restaurants, coffee shops, grocery stores, and the Capitol Riverfront.
Key Highlights
- 674‑square‑foot, one‑bedroom residence on the 12th floor
- Floor‑to‑ceiling windows, eastern exposure, and ceilings over 9 feet high
- Kitchen includes Miele and Blomberg appliances and a marble backsplash
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,199
Cap Rate
2.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$223,980
$224.0K
Cap Rate 7%
$159,986
$160.0K
Cap Rate 9%
$124,433
$124.4K
Market Conditions
NOI Build-Up for 674 SF
Gross rent
$21.4K $31.80/SF
− Vacancy
−$1.1K −$1.59/SF
EGI
$20.4K $30.21/SF
− OpEx
−$9.2K −$13.59/SF
NOI
$11.2K $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%
$223,980
Cap Rate 7%
$159,986
Cap Rate 9%
$124,433
Alternative Uses
Best Use
Apartment 5plus
$160.0K
$140.0K – $186.7K
NOI $11,199 @ 7.0% cap · market cap 2.81%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$346.7K
$303.4K – $404.5K
NOI $24,268 @ 7.0% cap · market cap 6.08%
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
3,506
Businesses Nearby
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Business Placement
Demographics for 20003, DC
36,501
Population
20,817
Households
1.8
Avg Household Size
35
Median Age
81%
College-Educated
97%
High-School Grad
2.3 sq mi
ZIP Area
15,870
Density / Sq Mi
$159,604
Median Household Income
$107,846
Median Earnings
$2,630
Median Rent
$954,200
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom residence features floor-to-ceiling windows, custom finishes, and access to the building’s pool and fitness center.
Where is this residential income property located?
The property is located at 1211 VAN STREET SE Unit 1210 Washington, DC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 674‑square‑foot, one‑bedroom residence on the 12th floor; Floor‑to‑ceiling windows, eastern exposure, and ceilings over 9 feet high; Kitchen includes Miele and Blomberg appliances and a marble backsplash
