Corner Residential Income
11200 RESTON STATION BOULEVARD Unit 205, Reston, VA 20190
For Sale
$674,500
An open-plan residence includes a private balcony, a dedicated laundry room and reserved indoor garage parking.
Property Size1,668 SF
Price / SF$404.38
Days on Market90
Property Features for 11200 RESTON STATION BOULEVARD Unit 205
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Site & Location
Highway Access
Public Transit
Additional Details
Asking Price
Multifamily Units
Taxes and HOA fees
Annual Taxes
Amenities
private balcony
dedicated laundry room
tankless gas water heater
visitor parking tags
pools
tennis/pickleball courts
trails
lakes
Building Details
Building Size
Year Built
Listing Agency:
Compass
Listed By:
Anne Sheridan Ranney · License #0225261398
(703) 626-6468
Source:
Catoctinproperties
Added: Aug 12
Changed: Nov 8
Last Checked: Nov 8 at 3:04PM
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 corner residence in a 32-home building features an open layout, 9-foot ceilings and floor-to-ceiling windows with custom blinds. The kitchen has a quartz island, stainless steel appliances and gas cooking. A den with a closet adds flexible interior space, while the primary suite includes a walk-in closet and a bath with dual sinks and a custom shower. Additional features include a private balcony, separate laundry room and tankless gas water heater. The property was built in 2019.
The Wiehle-Reston East Metro station is a five-minute walk away. The W&OD Trail, a dog park, VIDA Fitness, JW Marriott and Clyde’s Ebbitt House are also identified nearby. Road connections include Route 7 and the Dulles Toll Road, with Reston Town Center and Dulles Airport among the named destinations. Residents have access to Reston Association amenities, including pools, tennis and pickleball courts, trails and lakes.
The Wiehle-Reston East Metro station is a five-minute walk away. The W&OD Trail, a dog park, VIDA Fitness, JW Marriott and Clyde’s Ebbitt House are also identified nearby. Road connections include Route 7 and the Dulles Toll Road, with Reston Town Center and Dulles Airport among the named destinations. Residents have access to Reston Association amenities, including pools, tennis and pickleball courts, trails and lakes.
Key Highlights
- Corner residence with open layout and 9‑foot ceilings
- 32 residences in the building, with 8 units per floor
- Kitchen with quartz island, stainless steel appliances and gas cooking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,968
Cap Rate
3.70%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$499,360
$499.4K
Cap Rate 7%
$356,686
$356.7K
Cap Rate 9%
$277,422
$277.4K
Market Conditions
NOI Build-Up for 1,668 SF
Gross rent
$48.0K $28.80/SF
− Vacancy
−$2.6K −$1.58/SF
EGI
$45.4K $27.22/SF
− OpEx
−$20.4K −$12.25/SF
NOI
$25.0K $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%
$499,360
Cap Rate 7%
$356,686
Cap Rate 9%
$277,422
Alternative Uses
Best Use
Apartment 5plus
$356.7K
$312.1K – $416.1K
NOI $24,968 @ 7.0% cap · market cap 3.70%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$926.5K
$810.7K – $1.08M
NOI $64,852 @ 7.0% cap · market cap 9.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
693
Businesses Nearby
Explore this area
Business Placement
Demographics for 20190, VA
20,957
Population
12,180
Households
1.7
Avg Household Size
40
Median Age
72%
College-Educated
96%
High-School Grad
4.4 sq mi
ZIP Area
4,763
Density / Sq Mi
$126,928
Median Household Income
$83,750
Median Earnings
$2,241
Median Rent
$568,500
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - An open-plan residence includes a private balcony, a dedicated laundry room and reserved indoor garage parking.
Where is this residential income property located?
The property is located at 11200 RESTON STATION BOULEVARD Unit 205 Reston, VA.
What is the asking price?
The asking price for this property is $674,500.
What are key features of this property?
This property features: Corner residence with open layout and 9‑foot ceilings; 32 residences in the building, with 8 units per floor; Kitchen with quartz island, stainless steel appliances and gas cooking
