231 12TH ST SE
About This Property
This exquisite residence welcomes guests through a stunning glass door foyer which is perfect for receiving visitors as they stand on the spectacular marble vestibule floor. The wide entry hall leads to a formal living room with 11' high ceilings and a gas fireplace, with plenty of space to enjoy from every angle. The floor to ceiling windows overlook the quiet street and the hardwood floors that flow through to the dining room and hallway sets the tone for the rest of this home. The formal dining room is both stately and divine which creates an atmosphere for small and large gatherings alike. The chef's kitchen is designed with an abundance of workspace and functional cabinetry for storage. Even more delightful is the multiple eat-in options, the updated stainless steel appliances and above all, the direct access to outdoor grilling and dining. This level also features a powder room, laundry closet, coat closet, utility room, office nook and secondary staircase.
This hot new listing has 2,520 square feet of total living space 100% above ground. The second level has a huge owner's suite with direct access to the kitchen area below. The vast open space allows for any size bed plus dressers and sitting area. There is a nicely done full bath and walk-in closet to complete this suite overlooking the rear yard. There are two other large bedrooms on this level one with a wood-burning fireplace, office nook and sitting area with street views. This level also has a hallway bathroom and original hardwood floors.
THIS IS IT, This is a quality home that has stood the test of time inside and outside. This remarkably appointed home is in the heart of Capitol Hill just a few blocks from Historic Eastern Market, Barracks Row and Lincoln Park. This lovely dwelling is walking distance from the metro station, Safeway, Trader Joe's, RoostDC and many more iconic spots and services. This truly is what you have been waiting for this year. All this and the next owner could still add about another 10% of living space onto the rear...WOW!
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Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 20, 2022 | Sold | ||
| Sold | |||
| Apr 20, 2022 | Listed by Bratton Realty | $1,486,000 | |
| Listed by Bratton Realty | |||
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About Southeast Washington
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017