Loft-Style Residential Income
For Sale
$339,000
11717 KARBON HILL COURT Unit 712B, Reston, VA 20191
A two-bedroom, two-level residence pairs a vaulted living area with a loft and a balcony overlooking mature trees.
Property Size1,103 SF
Price / SF$307.34
Days on Market49
Property Features for 11717 KARBON HILL COURT Unit 712B
General Information
Standard status
Active
Size
1,103 SF
Total Parking Spaces
1
Property subtype
Penthouse Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA+loft
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$4,340
Building Details
Building Size
1,103 SF
Year Built
1987
Listing Agency:
Redfin Corporation
Listed By:
Danilo Bogdanovic · License #0225078674
(571) 969-4119
Source:
Canopy-re
Added: Sep 17
Changed: Nov 2
Last Checked: Nov 3 at 6:08AM
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 Redfin Corporation
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Investment Insights
Based on property information with market context.
This 1,103-square-foot residence in Bristol House has two bedrooms, one full bathroom, and a second-level loft with skylights, a closet, and attic storage. The main level includes hardwood floors, a kitchen with stainless steel appliances and granite countertops, and a family room with a vaulted ceiling, wood-burning fireplace, and window nook. A balcony faces a common area with mature trees. One assigned parking space is included, with additional non-assigned parking available. The washer and dryer date to 2021; the HVAC system and water heater were installed in 2016. Windows were replaced during a previous ownership.
Nearby destinations named in the property information include South Lakes Village Shopping Center, Lake Thoreau, Walker Nature Center, Reston National Golf Course, and South Lakes Drive Park. Wiehle-Reston and Reston Town Center Metro stations are both about 3 miles away. The residence is also a short distance from a pool, tennis courts, walking and biking trails, and local schools.
Nearby destinations named in the property information include South Lakes Village Shopping Center, Lake Thoreau, Walker Nature Center, Reston National Golf Course, and South Lakes Drive Park. Wiehle-Reston and Reston Town Center Metro stations are both about 3 miles away. The residence is also a short distance from a pool, tennis courts, walking and biking trails, and local schools.
Key Highlights
- 1,103‑square‑foot, two‑level residence with two bedrooms, one bathroom, and a loft
- Kitchen has stainless steel appliances and granite countertops; main level features hardwood floors
- Vaulted family room includes a wood fireplace and window nook
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,511
Cap Rate
4.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$330,220
$330.2K
Cap Rate 7%
$235,871
$235.9K
Cap Rate 9%
$183,456
$183.5K
Market Conditions
NOI Build-Up for 1,103 SF
Gross rent
$31.8K $28.80/SF
− Vacancy
−$1.7K −$1.58/SF
EGI
$30.0K $27.22/SF
− OpEx
−$13.5K −$12.25/SF
NOI
$16.5K $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%
$330,220
Cap Rate 7%
$235,871
Cap Rate 9%
$183,456
Alternative Uses
Best Use
Apartment 5plus
$235.9K
$206.4K – $275.2K
NOI $16,511 @ 7.0% cap · market cap 4.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.62M
$4.05M – $5.39M
NOI $323,645 @ 7.0% cap · market cap 95.47%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
344
Businesses Nearby
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Business Placement
Demographics for 20191, VA
29,948
Population
12,744
Households
2.3
Avg Household Size
39
Median Age
66%
College-Educated
93%
High-School Grad
7.8 sq mi
ZIP Area
3,839
Density / Sq Mi
$141,019
Median Household Income
$62,313
Median Earnings
$1,983
Median Rent
$616,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A two-bedroom, two-level residence pairs a vaulted living area with a loft and a balcony overlooking mature trees.
Where is this residential income property located?
The property is located at 11717 KARBON HILL COURT Unit 712B Reston, VA.
What is the asking price?
The asking price for this property is $339,000.
What are key features of this property?
This property features: 1,103‑square‑foot, two‑level residence with two bedrooms, one bathroom, and a loft; Kitchen has stainless steel appliances and granite countertops; main level features hardwood floors; Vaulted family room includes a wood fireplace and window nook
