Two-Bedroom Residential Income
For Sale
$299,999
11809 BRETON COURT Unit 2B, Reston, VA 20191
The condominium has a separate dining area, in-unit laundry, and a patio facing a tree-lined setting.
Property Size1,073 SF
Price / SF$279.59
Days on Market41
Property Features for 11809 BRETON COURT Unit 2B
General Information
Standard status
Active
Size
1,073 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,481
Amenities
walking paths
tot lot
pools
lakes
sports courts
trails
community centers
green spaces
Building Details
Building Size
1,073 SF
Year Built
1972
Listing Agency:
Berkshire Hathaway HomeServices PenFed Realty
Listed By:
Jody L Wright · License #0225082620
(703) 582-5717
Source:
Horsefarmsandcountryhomes
Added: Sep 25
Changed: Nov 3
Last Checked: Nov 3 at 7:40AM
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 Berkshire Hathaway HomeServices PenFed Realty
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Investment Insights
Based on property information with market context.
This 1,073-square-foot, two-bedroom condominium was built in 1972 and features a distinct dining room, a living room with patio access, and a kitchen with a breakfast nook. Recent improvements include fresh paint, new bedroom carpet, new kitchen flooring, a renovated bathroom, and a replaced electrical panel. The kitchen also includes stainless steel appliances, including a new refrigerator and dishwasher, plus a gas range. A stacked washer and dryer are in the unit, and the primary bedroom has a walk-in closet. The patio faces trees. The condo fee covers gas and water.
Residents have access to community walking paths, a tot lot, and parking. The property includes two parking passes and two guest passes. Reston Association membership provides access to pools, lakes, sports courts, trails, community centers, and green spaces. Nearby destinations include Hunters Woods Village Center, less than 2 miles to Wegmans, and 2.5 miles to Reston Town Center. Road connections include Reston Parkway, Fairfax County Parkway, the Dulles Toll Road, and Route 7; metro and local bus service are also noted.
Residents have access to community walking paths, a tot lot, and parking. The property includes two parking passes and two guest passes. Reston Association membership provides access to pools, lakes, sports courts, trails, community centers, and green spaces. Nearby destinations include Hunters Woods Village Center, less than 2 miles to Wegmans, and 2.5 miles to Reston Town Center. Road connections include Reston Parkway, Fairfax County Parkway, the Dulles Toll Road, and Route 7; metro and local bus service are also noted.
Key Highlights
- Two‑bedroom condominium with 1,073 square feet
- Renovated bathroom, new kitchen flooring, new bedroom carpet, and replaced electrical panel
- Condo fee includes gas and water
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,062
Cap Rate
5.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$321,240
$321.2K
Cap Rate 7%
$229,457
$229.5K
Cap Rate 9%
$178,467
$178.5K
Market Conditions
NOI Build-Up for 1,073 SF
Gross rent
$30.9K $28.80/SF
− Vacancy
−$1.7K −$1.58/SF
EGI
$29.2K $27.22/SF
− OpEx
−$13.1K −$12.25/SF
NOI
$16.1K $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%
$321,240
Cap Rate 7%
$229,457
Cap Rate 9%
$178,467
Alternative Uses
Best Use
Apartment 5plus
$229.5K
$200.8K – $267.7K
NOI $16,062 @ 7.0% cap · market cap 5.35%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.50M
$3.94M – $5.25M
NOI $314,842 @ 7.0% cap · market cap 104.95%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
428
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 - The condominium has a separate dining area, in-unit laundry, and a patio facing a tree-lined setting.
Where is this residential income property located?
The property is located at 11809 BRETON COURT Unit 2B Reston, VA.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Two‑bedroom condominium with 1,073 square feet; Renovated bathroom, new kitchen flooring, new bedroom carpet, and replaced electrical panel; Condo fee includes gas and water
