Residential Income Property with Roof
For Sale
$949,900
10516 WHITE GRANITE DRIVE Unit 10, Oakton, VA 22124
Upper-level condominium residence with garage entry, three bedrooms, dedicated laundry, and a private roof terrace.
Property Size3,252 SF
Price / SF$292.10
Days on Market132
Property Features for 10516 WHITE GRANITE DRIVE Unit 10
General Information
Standard status
Active
Size
3,252 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$33,709
Building Details
Building Size
3,252 SF
Year Built
2026
Listing Agency:
Samson Properties
Listed By:
William Samson · License #0225229022
(703) 380-0255
Source:
Kerishull
Added: Jun 23
Changed: Oct 31
Last Checked: Oct 30 at 10:52PM
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
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Investment Insights
Based on property information with market context.
This 3,252-square-foot upper condominium residence is arranged as a Camden maisonette with garage access at the entry level. The main living floor combines the kitchen and living areas, while the upper level contains a primary suite with spa bath, two additional bedrooms with walk-in closets, a hall bath, and dedicated laundry. A third-level roof terrace adds outdoor space for entertaining or everyday use.
The residence is part of Magnolia Oaks, with elevator availability noted for the development. Construction is identified for 2026, with the model scheduled for completion in Fall 2026. The broader project is planned in phases, including three Camden units in Phase I and six additional Camden units in Phase II.
The residence is part of Magnolia Oaks, with elevator availability noted for the development. Construction is identified for 2026, with the model scheduled for completion in Fall 2026. The broader project is planned in phases, including three Camden units in Phase I and six additional Camden units in Phase II.
Key Highlights
- 3,252‑square‑foot upper condominium residence
- Camden maisonette with garage access at the entry level
- Three bedrooms, including a primary suite with spa bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,679
Cap Rate
5.12%
Suggested Prices Based on Cap Rates
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
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 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 5.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$13.63M
$11.93M – $15.90M
NOI $954,210 @ 7.0% cap · market cap 100.45%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
581
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Upper-level condominium residence with garage entry, three bedrooms, dedicated laundry, and a private roof terrace.
Where is this residential income property located?
The property is located at 10516 WHITE GRANITE DRIVE Unit 10 Oakton, VA.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 3,252‑square‑foot upper condominium residence; Camden maisonette with garage access at the entry level; Three bedrooms, including a primary suite with spa bath
