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Condominium with Patio
For Sale
$250,000

1302 BRYANT STREET NE Unit 1, Washington, DC 20018

A separate den opens to the patio, extending the unit’s flexible one-bedroom layout.

Property Size840 SF
Days on Market12

Property Features for 1302 BRYANT STREET NE Unit 1

General Information

Standard status Active
Size 840 SF
Property subtype Unit/Flat/Apartment

Units

Unit Mix 1 x 1BR+Den
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $1,569

Amenities

in-unit washer/dryer
patio
garden area
heat pump HVAC

Building Details

Building Size 840 SF
Year Built 1942
Listing Agency: TTR Sotheby's International Realty
Listed By: Mansour F Abu-Rahmeh · License #SP98361034
Source: Kwcapitalproperties
Added: Sep 25 Changed: Oct 3 Last Checked: Oct 6 at 12:14AM

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 TTR Sotheby's International Realty

Investment Insights

Based on property information with market context.

This one-bedroom condominium includes a separate den, a full bathroom, and an in-unit washer and dryer. Hardwood floors run through the living space, which has a separate dining area with a built-in banquette. The kitchen features white cabinetry and a tile backsplash. Sliding glass doors connect the den to an outdoor patio and landscaped garden area. The building was constructed in 1942, and its roof has been newly installed. A heat pump HVAC system, installed in 2021, provides heating and cooling.

The property is near Rhode Island Avenue, New York Avenue, and Brentwood Road. Rhode Island Avenue Metro Station, grocery stores, restaurants, Home Depot, and the Brentwood Post Office are also nearby. The unit is available for immediate occupancy.

Key Highlights

  • One‑bedroom condominium with a separate den
  • Den opens through sliding glass doors to an outdoor patio and landscaped garden area
  • In‑unit washer and dryer; full bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$13,957
Cap Rate
5.58%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$279,140 $279.1K
Cap Rate 7%
$199,386 $199.4K
Cap Rate 9%
$155,078 $155.1K
Market Conditions
NOI Build-Up for 840 SF
Gross rent
$26.7K $31.80/SF
− Vacancy
−$1.3K −$1.59/SF
EGI
$25.4K $30.21/SF
− OpEx
−$11.4K −$13.59/SF
NOI
$14.0K $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%
$279,140
Cap Rate 7%
$199,386
Cap Rate 9%
$155,078

Alternative Uses

Best Use
Apartment 5plus
$199.4K
$174.5K – $232.6K (±1% cap)
NOI $13,957 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$432.1K
$378.1K – $504.1K (±1% cap)
NOI $30,245 @ 7.0% cap · market cap 12.10%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Accounting Firm (Bike/Boat/Book/etc) Store Acupuncture Furniture & Home Goods Computer & Electronic Repair

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,716
Businesses Nearby

Demographics for 20018, DC

20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - A separate den opens to the patio, extending the unit’s flexible one-bedroom layout.
Where is this residential income property located?
The property is located at 1302 BRYANT STREET NE Unit 1 Washington, DC.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: One‑bedroom condominium with a separate den; Den opens through sliding glass doors to an outdoor patio and landscaped garden area; In‑unit washer and dryer; full bathroom
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