Single-Level Residential Income
For Sale
$375,000
11725 SUMMERCHASE CIRCLE Unit C, Reston, VA 20194
The condominium includes a wood-burning fireplace, private outdoor area, and in-unit laundry.
Property Size1,042 SF
Price / SF$359.88
Days on Market26
Property Features for 11725 SUMMERCHASE CIRCLE Unit C
General Information
Standard status
Active
Size
1,042 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$4,543
Building Details
Building Size
1,042 SF
Year Built
1988
Listing Agency:
Nesbitt Realty
Listed By:
Stuart W Nesbitt · License #0225203151
(703) 992-4218
Source:
Canopy-re
Added: Oct 10
Changed: Nov 2
Last Checked: Nov 3 at 6:12AM
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 Nesbitt Realty
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Investment Insights
Based on property information with market context.
Built in 1988, this 1,042-square-foot condominium has a single-level layout with 2 bedrooms and 2 bathrooms. Its living area features a wood-burning fireplace and connects to a private outdoor space. The kitchen sits near the dining and living areas, and the unit includes a washer and dryer.
The property is in Reston, near North Point Village Center, Reston Town Center, shopping, dining, and Silver Line Metro stations. Community amenities include pools, tennis courts, walking and biking trails, parks, and playgrounds. Parking is available.
The property is in Reston, near North Point Village Center, Reston Town Center, shopping, dining, and Silver Line Metro stations. Community amenities include pools, tennis courts, walking and biking trails, parks, and playgrounds. Parking is available.
Key Highlights
- 1,042‑square‑foot condominium with a single‑level layout
- 2 bedrooms and 2 bathrooms
- Wood‑burning fireplace and private outdoor space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,597
Cap Rate
4.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$311,940
$311.9K
Cap Rate 7%
$222,814
$222.8K
Cap Rate 9%
$173,300
$173.3K
Market Conditions
NOI Build-Up for 1,042 SF
Gross rent
$30.0K $28.80/SF
− Vacancy
−$1.7K −$1.58/SF
EGI
$28.4K $27.22/SF
− OpEx
−$12.8K −$12.25/SF
NOI
$15.6K $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%
$311,940
Cap Rate 7%
$222,814
Cap Rate 9%
$173,300
Alternative Uses
Best Use
Apartment 5plus
$222.8K
$195.0K – $260.0K
NOI $15,597 @ 7.0% cap · market cap 4.16%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.37M
$3.82M – $5.10M
NOI $305,746 @ 7.0% cap · market cap 81.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Location Intelligence
Trade Area within ½ mile
241
Businesses Nearby
Explore this area
Business Placement
Demographics for 20194, VA
13,171
Population
5,784
Households
2.3
Avg Household Size
41
Median Age
81%
College-Educated
99%
High-School Grad
3.1 sq mi
ZIP Area
4,249
Density / Sq Mi
$166,423
Median Household Income
$106,463
Median Earnings
$2,303
Median Rent
$792,200
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - The condominium includes a wood-burning fireplace, private outdoor area, and in-unit laundry.
Where is this residential income property located?
The property is located at 11725 SUMMERCHASE CIRCLE Unit C Reston, VA.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,042‑square‑foot condominium with a single‑level layout; 2 bedrooms and 2 bathrooms; Wood‑burning fireplace and private outdoor space
