Residential Income
For Sale
$339,001
12161 PENDERVIEW TERRACE Unit 935, Fairfax, VA 22033
Third-floor condominium with two bedrooms, an in-unit washer and dryer, and a private patio.
Property Size876 SF
Price / SF$386.99
Days on Market82
Property Features for 12161 PENDERVIEW TERRACE Unit 935
General Information
Standard status
Active
Size
876 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Units
Unit Mix
1 x 2BR/1FB
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,677
Amenities
pool
fitness center
clubhouse
playground
grilling area
basketball court
pickleball court
tennis court
walking trail
biking trail
golf privileges
fireplace
washer/dryer
patio storage
Building Details
Building Size
876 SF
Year Built
1988
Listing Agency:
Samson Properties
Listed By:
Gomathi Nagaraj · License #0225257691
(703) 731-7879
Source:
Canopy-re
Added: Aug 7
Changed: Oct 27
Last Checked: Oct 26 at 1:27PM
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 Samson Properties
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Investment Insights
Based on property information with market context.
This 876-square-foot, third-floor condominium has two bedrooms and one full bathroom. The open living area features wood flooring, a fireplace, and built-in shelving. A walk-in closet serves the primary bedroom, while the private patio includes a storage area. A washer and dryer are located in the unit, and the water heater dates to 2017. The property was built in 1988.
One assigned parking space is included, with guest parking also available. Community amenities include pools, fitness centers, a clubhouse, playgrounds, grilling areas, basketball, pickleball and tennis courts, walking trails, and discounted golf privileges at Penderbrook Golf Course. Shopping, dining, and public transportation are nearby, with access to Route 50, I-66, and Fairfax County Parkway.
One assigned parking space is included, with guest parking also available. Community amenities include pools, fitness centers, a clubhouse, playgrounds, grilling areas, basketball, pickleball and tennis courts, walking trails, and discounted golf privileges at Penderbrook Golf Course. Shopping, dining, and public transportation are nearby, with access to Route 50, I-66, and Fairfax County Parkway.
Key Highlights
- 876‑square‑foot condominium with two bedrooms and one full bathroom
- Third‑floor layout with private patio and dedicated storage area
- Fireplace, built‑in shelving, wood flooring, and primary bedroom walk‑in closet
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,113
Cap Rate
3.87%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$262,260
$262.3K
Cap Rate 7%
$187,329
$187.3K
Cap Rate 9%
$145,700
$145.7K
Market Conditions
NOI Build-Up for 876 SF
Gross rent
$25.2K $28.80/SF
− Vacancy
−$1.4K −$1.58/SF
EGI
$23.8K $27.22/SF
− OpEx
−$10.7K −$12.25/SF
NOI
$13.1K $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%
$262,260
Cap Rate 7%
$187,329
Cap Rate 9%
$145,700
Alternative Uses
Best Use
Apartment 5plus
$187.3K
$163.9K – $218.6K
NOI $13,113 @ 7.0% cap · market cap 3.87%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.67M
$3.21M – $4.28M
NOI $257,038 @ 7.0% cap · market cap 75.82%
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
1,117
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
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Frequently Asked Questions
What type of property is this?
Residential income property - Third-floor condominium with two bedrooms, an in-unit washer and dryer, and a private patio.
Where is this residential income property located?
The property is located at 12161 PENDERVIEW TERRACE Unit 935 Fairfax, VA.
What is the asking price?
The asking price for this property is $339,001.
What are key features of this property?
This property features: 876‑square‑foot condominium with two bedrooms and one full bathroom; Third‑floor layout with private patio and dedicated storage area; Fireplace, built‑in shelving, wood flooring, and primary bedroom walk‑in closet
