Residential Income Unit with Monument
For Sale
$249,995
1011 ARLINGTON BOULEVARD Unit 942, Arlington, VA 22209
Electricity, gas and water are included, alongside an updated kitchen and private balcony.
Property Size716 SF
Price / SF$349.16
Days on Market92
Property Features for 1011 ARLINGTON BOULEVARD Unit 942
General Information
Standard status
Active
Size
716 SF
Property subtype
Unit/Flat/Apartment
Occupancy
100%
Site & Location
Neighborhood
Radnor/Fort Myer Heights
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Average Monthly Rent
$2,200
Multifamily Units
1
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$2,339
Amenities
updated kitchen
granite countertops
stainless-steel appliances
walk-in shower
private balcony
outdoor swimming pool
jacuzzi
fitness center
sauna
steam room
outdoor grilling area
community party room
bike storage room
24/7 gated security
concierge
packages organized and secure
large laundry room
Building Details
Building Size
716 SF
Year Built
1955
Tenancy
Single
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jul 29
Changed: Oct 27
Last Checked: Oct 26 at 2:50PM
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 Jack Realty Group
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.
This 716-square-foot residential unit has an updated kitchen with granite countertops and stainless-steel appliances, a walk-in shower, two large picture windows and a private balcony. Views take in the Washington Monument, Lincoln Memorial, Jefferson Memorial, Capitol Building, Memorial Bridge, Potomac River, Iwo Jima, the Pentagon, Air Force Memorial and Netherlands Carillon. Electricity, gas and water are included. The unit is rented through December 31, 2027.
Rosslyn Metro’s Orange, Silver and Blue lines are a five-minute walk away, with direct service to the Pentagon, Reagan National Airport, Foggy Bottom, Downtown DC and Tysons Corner. Community facilities include an outdoor pool, jacuzzi, fitness center, sauna, steam room, grilling area, party room, bike storage and laundry room. The building also has 24/7 gated security, concierge service and secure package handling.
Rosslyn Metro’s Orange, Silver and Blue lines are a five-minute walk away, with direct service to the Pentagon, Reagan National Airport, Foggy Bottom, Downtown DC and Tysons Corner. Community facilities include an outdoor pool, jacuzzi, fitness center, sauna, steam room, grilling area, party room, bike storage and laundry room. The building also has 24/7 gated security, concierge service and secure package handling.
Key Highlights
- 716‑square‑foot residential unit with views of the Washington Monument, Lincoln Memorial, Capitol Building and Potomac River
- Rented through December 31, 2027
- Five‑minute walk to Rosslyn Metro’s Orange, Silver and Blue lines
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,774
Cap Rate
4.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$215,480
$215.5K
Cap Rate 7%
$153,914
$153.9K
Cap Rate 9%
$119,711
$119.7K
Market Conditions
NOI Build-Up for 716 SF
Gross rent
$20.6K $28.80/SF
− Vacancy
−$1.0K −$1.44/SF
EGI
$19.6K $27.36/SF
− OpEx
−$8.8K −$12.31/SF
NOI
$10.8K $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%
$215,480
Cap Rate 7%
$153,914
Cap Rate 9%
$119,711
Alternative Uses
Best Use
Apartment 5plus
$153.9K
$134.7K – $179.6K
NOI $10,774 @ 7.0% cap · market cap 4.31%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$397.7K
$348.0K – $464.0K
NOI $27,838 @ 7.0% cap · market cap 11.14%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
2,278
Businesses Nearby
Explore this area
Business Placement
Demographics for 22209, VA
14,859
Population
9,261
Households
1.6
Avg Household Size
33
Median Age
86%
College-Educated
98%
High-School Grad
0.7 sq mi
ZIP Area
21,227
Density / Sq Mi
$110,824
Median Household Income
$83,221
Median Earnings
$2,171
Median Rent
$799,900
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 - Electricity, gas and water are included, alongside an updated kitchen and private balcony.
Where is this residential income property located?
The property is located at 1011 ARLINGTON BOULEVARD Unit 942 Arlington, VA.
What is the asking price?
The asking price for this property is $249,995.
What are key features of this property?
This property features: 716‑square‑foot residential unit with views of the Washington Monument, Lincoln Memorial, Capitol Building and Potomac River; Rented through December 31, 2027; Five‑minute walk to Rosslyn Metro’s Orange, Silver and Blue lines
