Upper-Unit Residential Income
For Sale
$944,900
10401 WHITE GRANITE DRIVE Unit 5, Oakton, VA 22124
Open main living areas connect with a garage, dedicated laundry, and rooftop outdoor space.
Property Size3,252 SF
Days on Market241
Property Features for 10401 WHITE GRANITE DRIVE Unit 5
General Information
Standard status
Active
Size
3,252 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$33,709
Amenities
garage
roof terrace
laundry room
Building Details
Building Size
3,252 SF
Year Built
2026
Listing Agency:
Samson Properties
Listed By:
William Samson · License #0225229022
(703) 380-0255
Source:
Barnesrealestatecompany
Added: Jan 6
Changed: Sep 4
Last Checked: Sep 4 at 12:18PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This upper-level Camden residence at Magnolia Oaks is arranged across multiple levels, with garage access at the entry, a combined kitchen and living area, and three bedrooms upstairs. The primary suite includes a spa-style bath, while the two additional bedrooms feature walk-in closets. A separate laundry room and hall bathroom support daily functionality, and the home includes a third-level roof terrace for outdoor use.
The property is located in Oakton, Virginia, within the Oakton, Vienna, and Fairfax area. Elevator access is available. The model is scheduled for completion in Fall 2026, with Phase I residences planned for move-in during Fall 2026 and Phase II Camden residences expected in Winter 2026/2027.
The property is located in Oakton, Virginia, within the Oakton, Vienna, and Fairfax area. Elevator access is available. The model is scheduled for completion in Fall 2026, with Phase I residences planned for move-in during Fall 2026 and Phase II Camden residences expected in Winter 2026/2027.
Key Highlights
- Three‑bedroom upper Camden residence at Magnolia Oaks
- Multi‑level layout with garage entry and main living areas above
- Primary suite with spa‑style bath
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$48,679
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.15%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$973,580
$973.6K
Cap Rate 7%
$695,414
$695.4K
Cap Rate 9%
$540,878
$540.9K
Market Conditions
NOI Build-Up for 3,252 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$93.7K $28.80/SF
− Vacancy
−$5.2K −$1.58/SF
EGI
$88.5K $27.22/SF
− OpEx
−$39.8K −$12.25/SF
NOI
$48.7K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$973,580
Cap Rate 7%
$695,414
Cap Rate 9%
$540,878
Alternative Uses
Best Use
Apartment 5plus
$695.4K
$608.5K – $811.3K
NOI $48,679 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.63M
$11.93M – $15.90M
NOI $954,210 @ 7.0% cap · market cap 100.99%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
558
Businesses Nearby
Explore this area
Business Placement
Demographics for 22124, VA
18,488
Population
7,049
Households
2.6
Avg Household Size
43
Median Age
81%
College-Educated
99%
High-School Grad
10.3 sq mi
ZIP Area
1,795
Density / Sq Mi
$216,712
Median Household Income
$114,420
Median Earnings
$2,469
Median Rent
$979,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Open main living areas connect with a garage, dedicated laundry, and rooftop outdoor space.
Where is this residential income property located?
The property is located at 10401 WHITE GRANITE DRIVE Unit 5 Oakton, VA.
What is the asking price?
The asking price for this property is $944,900.
What are key features of this property?
This property features: Three‑bedroom upper Camden residence at Magnolia Oaks; Multi‑level layout with garage entry and main living areas above; Primary suite with spa‑style bath
