Residential Condo with
For Sale
$259,000
1011 ARLINGTON BOULEVARD Unit 707, Arlington, VA 22209
Parking is included, and the balcony faces the pool.
Property Size716 SF
Price / SF$361.73
Days on Market135
Property Features for 1011 ARLINGTON BOULEVARD Unit 707
General Information
Standard status
Active
Size
716 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Radnor/Fort Myer Heights
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$2,229
Amenities
pool
private balcony
Building Details
Building Size
716 SF
Year Built
1952
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Jun 16
Changed: Oct 27
Last Checked: Oct 26 at 2:26PM
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
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Investment Insights
Based on property information with market context.
This 716-square-foot condo on the seventh floor has one bedroom and one bathroom. Updates include luxury vinyl plank flooring in the living and dining area, new carpet in the bedroom, fresh paint, and black marble flooring in the foyer and kitchen. A private balcony overlooks the pool, and parking is included. The building dates to 1952.
Rosslyn Metro, served by the Blue, Orange, and Silver lines, is 0.4 miles away. The location also provides access to Georgetown and Washington, DC.
Rosslyn Metro, served by the Blue, Orange, and Silver lines, is 0.4 miles away. The location also provides access to Georgetown and Washington, DC.
Key Highlights
- 716‑square‑foot condo with 1 bedroom and 1 bathroom
- Seventh‑floor unit with a private balcony overlooking the pool
- Luxury vinyl plank flooring in the living and dining area; new bedroom carpet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,774
Cap Rate
4.16%
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 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$397.7K
$348.0K – $464.0K
NOI $27,838 @ 7.0% cap · market cap 10.75%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
2,278
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Parking is included, and the balcony faces the pool.
Where is this residential income property located?
The property is located at 1011 ARLINGTON BOULEVARD Unit 707 Arlington, VA.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: 716‑square‑foot condo with 1 bedroom and 1 bathroom; Seventh‑floor unit with a private balcony overlooking the pool; Luxury vinyl plank flooring in the living and dining area; new bedroom carpet
