Residential Income Property with
For Sale
$439,990
12010 GOLF RIDGE COURT Unit 302, Fairfax, VA 22033
Two-level condo with three bedrooms, a renovated kitchen, and community recreation amenities.
Property Size1,336 SF
Price / SF$329.33
Days on Market18
Property Features for 12010 GOLF RIDGE COURT Unit 302
General Information
Standard status
Active
Size
1,336 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,803
Amenities
swimming pool
fitness center
tennis and pickleball courts
walking trails
golf course
wood-burning fireplace
in-unit washer and dryer
Building Details
Building Size
1,336 SF
Year Built
1990
Listing Agency:
eXp Realty
Listed By:
Canopy Property Group · License #670867
(202) 410-0672
Source:
Canopy-re
Added: Oct 10
Changed: Oct 27
Last Checked: Oct 27 at 4:20AM
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 eXp Realty
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Investment Insights
Based on property information with market context.
This two-level residential property in Penderbrook has approximately 1,336 square feet, three bedrooms, two full bathrooms, and an open loft. Interior features include new wood flooring and recessed lighting, a renovated kitchen with stainless steel appliances, a wood-burning fireplace, skylights, and an in-unit washer and dryer. The living room window faces treetops, and the unit includes assigned parking space 72.
Community amenities include a swimming pool, fitness center, tennis and pickleball courts, walking trails, and an 18-hole golf course. The property was built in 1990 and is located at 12010 Golf Ridge Court, Unit 302, in Fairfax, Virginia.
Community amenities include a swimming pool, fitness center, tennis and pickleball courts, walking trails, and an 18-hole golf course. The property was built in 1990 and is located at 12010 Golf Ridge Court, Unit 302, in Fairfax, Virginia.
Key Highlights
- Approximately 1,336 square feet across two levels
- Three bedrooms, two full bathrooms, and an open loft
- Renovated kitchen with stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$19,998
Cap Rate
4.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$399,960
$400.0K
Cap Rate 7%
$285,686
$285.7K
Cap Rate 9%
$222,200
$222.2K
Market Conditions
NOI Build-Up for 1,336 SF
Gross rent
$38.5K $28.80/SF
− Vacancy
−$2.1K −$1.58/SF
EGI
$36.4K $27.22/SF
− OpEx
−$16.4K −$12.25/SF
NOI
$20.0K $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%
$399,960
Cap Rate 7%
$285,686
Cap Rate 9%
$222,200
Alternative Uses
Best Use
Apartment 5plus
$285.7K
$250.0K – $333.3K
NOI $19,998 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$5.60M
$4.90M – $6.53M
NOI $392,012 @ 7.0% cap · market cap 89.10%
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
1,097
Businesses Nearby
Explore this area
Business Placement
Demographics for 22033, VA
40,692
Population
16,057
Households
2.5
Avg Household Size
37
Median Age
67%
College-Educated
95%
High-School Grad
7.8 sq mi
ZIP Area
5,217
Density / Sq Mi
$134,532
Median Household Income
$75,231
Median Earnings
$2,253
Median Rent
$621,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Two-level condo with three bedrooms, a renovated kitchen, and community recreation amenities.
Where is this residential income property located?
The property is located at 12010 GOLF RIDGE COURT Unit 302 Fairfax, VA.
What is the asking price?
The asking price for this property is $439,990.
What are key features of this property?
This property features: Approximately 1,336 square feet across two levels; Three bedrooms, two full bathrooms, and an open loft; Renovated kitchen with stainless steel appliances
