Top-Floor One-Bedroom
For Sale
$199,900
10026 FAIR WOODS DRIVE Unit 330, Fairfax, VA 22030
Updated interiors, two parking spaces, and a private balcony complement this condominium’s community amenities.
Property Size761 SF
Price / SF$262.68
Days on Market27
Property Features for 10026 FAIR WOODS DRIVE Unit 330
General Information
Standard status
Active
Size
761 SF
Total Parking Spaces
2
Property subtype
Penthouse Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Parking per Unit
2
Taxes and HOA fees
Annual Taxes
$2,336
Amenities
private balcony
private storage room
laundry room
outdoor swimming pool
playground/tot lot
Building Details
Building Size
761 SF
Year Built
1963
Listing Agency:
Compass
Listed By:
Horse Farms & Country Homes
(703) 966-9480
Source:
Horsefarmsandcountryhomes
Added: Oct 1
Changed: Oct 26
Last Checked: Oct 26 at 3:45PM
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
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Investment Insights
Based on property information with market context.
This 761-square-foot, top-floor condominium has one bedroom and one bathroom. Interior updates include fresh paint, luxury vinyl flooring, and a renovated kitchen with stainless steel appliances. The living area connects to a private balcony facing mature trees. A basement storage room and two parking spaces are included, and laundry is available within the building. The 1963-built community also has an outdoor pool and playground. The condo fee covers water, sewer, trash removal, and gas; FHA and VA financing are eligible.
Commuter routes include I-66 and Routes 29, 50, and 123. The Vienna/Fairfax-GMU Metro Station is 2.7 miles away, with a bus stop 0.2 miles from the property. Patient First and CVS are also 0.2 miles away, while Amazon Fresh and Compass Coffee are less than one mile away. George Mason University is approximately 3.1 miles from the condominium.
Commuter routes include I-66 and Routes 29, 50, and 123. The Vienna/Fairfax-GMU Metro Station is 2.7 miles away, with a bus stop 0.2 miles from the property. Patient First and CVS are also 0.2 miles away, while Amazon Fresh and Compass Coffee are less than one mile away. George Mason University is approximately 3.1 miles from the condominium.
Key Highlights
- 761‑square‑foot, one‑bedroom, one‑bathroom condominium
- Top‑floor unit with private balcony overlooking mature trees
- Renovated kitchen, luxury vinyl flooring, and fresh paint
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,391
Cap Rate
5.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,820
$227.8K
Cap Rate 7%
$162,729
$162.7K
Cap Rate 9%
$126,567
$126.6K
Market Conditions
NOI Build-Up for 761 SF
Gross rent
$21.9K $28.80/SF
− Vacancy
−$1.2K −$1.58/SF
EGI
$20.7K $27.22/SF
− OpEx
−$9.3K −$12.25/SF
NOI
$11.4K $14.97/SF
Area
Fairfax County, VA
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$227,820
Cap Rate 7%
$162,729
Cap Rate 9%
$126,567
Alternative Uses
Best Use
Apartment 5plus
$162.7K
$142.4K – $189.9K
NOI $11,391 @ 7.0% cap · market cap 5.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.19M
$2.79M – $3.72M
NOI $223,295 @ 7.0% cap · market cap 111.70%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
60
Businesses Nearby
Explore this area
Business Placement
Demographics for 22030, VA
60,431
Population
21,758
Households
2.8
Avg Household Size
34
Median Age
67%
College-Educated
94%
High-School Grad
19.4 sq mi
ZIP Area
3,115
Density / Sq Mi
$139,885
Median Household Income
$61,628
Median Earnings
$2,242
Median Rent
$700,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors, two parking spaces, and a private balcony complement this condominium’s community amenities.
Where is this residential income property located?
The property is located at 10026 FAIR WOODS DRIVE Unit 330 Fairfax, VA.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 761‑square‑foot, one‑bedroom, one‑bathroom condominium; Top‑floor unit with private balcony overlooking mature trees; Renovated kitchen, luxury vinyl flooring, and fresh paint
