2-Bedroom Residential Income
New
For Sale
$650,000
11776 STRATFORD HOUSE PL #301, Reston, VA 20190
RESTON, VA
Property Size1,400 SF
Price / SF$464.29
Days on Market7
Property Features for 11776 STRATFORD HOUSE PL #301
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
2
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 1, Bedroom 2
Subdivision
STRATFORD CONDOMINIUMS
Elementary school
LAKE ANNE
Middle school
HUGHES
High school
SOUTH LAKES
Elementary school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Middle school district
FAIRFAX COUNTY PUBLIC SCHOOLS
High school district
FAIRFAX COUNTY PUBLIC SCHOOLS
Standard status
Active
Amenities
pool
fitness center
electric vehicle charging station
nature trail
in-unit washer/dryer
Building Details
Year built
2001
Listing Agency:
One Loudoun
(703) 724-9494
Listed By:
Pamela Jones
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 20 at 3:06PM
MLS# VAFX2338080
Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bath condo offers nearly 1,400 square feet with hardwood flooring, high ceilings, and a gas fireplace. The kitchen has stainless steel appliances, ample cabinetry, and a breakfast area adjoining the dining space. Both bedrooms have substantial closet storage; the primary suite includes an en-suite bath with double vanities, a separate shower, and a soaking tub. Two balconies, an in-unit stacked washer and dryer, and separate garage storage add to the unit’s features.
The property is one block from Reston Town Center and three blocks from the Metro station. Residents have access to a community pool, fitness center, and an electric vehicle charging station. Two garage parking spaces convey, and outdoor guest parking is available. The WOD trail is adjacent to the complex.
The property is one block from Reston Town Center and three blocks from the Metro station. Residents have access to a community pool, fitness center, and an electric vehicle charging station. Two garage parking spaces convey, and outdoor guest parking is available. The WOD trail is adjacent to the complex.
Key Highlights
- 2 bedrooms and 2 full baths in nearly 1,400 square feet
- Two balconies and two garage parking spaces convey
- Separate storage space in the garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,956
Cap Rate
3.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$419,120
$419.1K
Cap Rate 7%
$299,371
$299.4K
Cap Rate 9%
$232,844
$232.8K
Market Conditions
NOI Build-Up for 1,400 SF
Gross rent
$40.3K $28.80/SF
− Vacancy
−$2.2K −$1.58/SF
EGI
$38.1K $27.22/SF
− OpEx
−$17.1K −$12.25/SF
NOI
$21.0K $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%
$419,120
Cap Rate 7%
$299,371
Cap Rate 9%
$232,844
Alternative Uses
Best Use
Apartment 5plus
$299.4K
$262.0K – $349.3K
NOI $20,956 @ 7.0% cap · market cap 3.22%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.87M
$5.13M – $6.85M
NOI $410,792 @ 7.0% cap · market cap 63.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
1
Residential units
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
3,348
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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - The condo includes two balconies, two garage parking spaces, and access to a pool and fitness center.
Where is this residential income property located?
The property is located at 11776 STRATFORD HOUSE PL #301 Reston, VA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 2 bedrooms and 2 full baths in nearly 1,400 square feet; Two balconies and two garage parking spaces convey; Separate storage space in the garage
