One-Bedroom Condo with Two
For Sale
$349,999
11800 SUNSET HILLS ROAD Unit 212, Reston, VA 20190
Recent interior improvements include a remodeled bath, new HVAC equipment, updated lighting, and two parking spaces.
Property Size763 SF
Price / SF$458.71
Days on Market84
Property Features for 11800 SUNSET HILLS ROAD Unit 212
General Information
Standard status
Active
Size
763 SF
Total Parking Spaces
2
Elevators
Yes
Property subtype
Penthouse Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,964
Amenities
rooftop pool
party room
billiards room
office
gym
concierge room
mailroom
front desk
Building Details
Building Size
763 SF
Year Built
2005
Listing Agency:
Pearson Smith Realty, LLC
Listed By:
Mark J Lawter · License #0225209308
(703) 608-9998
Source:
Canopy-re
Added: Aug 13
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 Pearson Smith Realty, LLC
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Investment Insights
Based on property information with market context.
This 763-square-foot, one-bedroom condo includes two private balconies and two parking spaces. Improvements include luxury vinyl plank flooring, a remodeled bathroom, a new HVAC system, updated lighting, smooth ceilings, and removal of the popcorn ceiling finish. The building was constructed in 2005, and the parking spaces are identified as B3-74 and B3-107.
Building amenities include a rooftop pool, party room, billiards room, and office on the 13th floor. The first floor has a gym, concierge room, mailroom, and front desk. Reston Town Center and Whole Foods are described as steps away.
Building amenities include a rooftop pool, party room, billiards room, and office on the 13th floor. The first floor has a gym, concierge room, mailroom, and front desk. Reston Town Center and Whole Foods are described as steps away.
Key Highlights
- 763‑square‑foot condo with one bedroom and two private balconies
- Two parking spaces: B3‑74 and B3‑107
- Renovated bathroom, new HVAC system, updated lighting, and luxury vinyl plank flooring
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$11,421
Cap Rate
3.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$228,420
$228.4K
Cap Rate 7%
$163,157
$163.2K
Cap Rate 9%
$126,900
$126.9K
Market Conditions
NOI Build-Up for 763 SF
Gross rent
$22.0K $28.80/SF
− Vacancy
−$1.2K −$1.58/SF
EGI
$20.8K $27.22/SF
− OpEx
−$9.3K −$12.25/SF
NOI
$11.4K $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%
$228,420
Cap Rate 7%
$163,157
Cap Rate 9%
$126,900
Alternative Uses
Best Use
Apartment 5plus
$163.2K
$142.8K – $190.4K
NOI $11,421 @ 7.0% cap · market cap 3.26%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.20M
$2.80M – $3.73M
NOI $223,881 @ 7.0% cap · market cap 63.97%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
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 - Recent interior improvements include a remodeled bath, new HVAC equipment, updated lighting, and two parking spaces.
Where is this residential income property located?
The property is located at 11800 SUNSET HILLS ROAD Unit 212 Reston, VA.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: 763‑square‑foot condo with one bedroom and two private balconies; Two parking spaces: B3‑74 and B3‑107; Renovated bathroom, new HVAC system, updated lighting, and luxury vinyl plank flooring
