Top-Floor Residential
For Sale
$300,000
124 HAYCOCK ROAD Unit C-2, Falls Church, VA 22046
An 870-square-foot home offers a one-bedroom layout near the West Falls Church Metro station and I-66.
Property Size870 SF
Price / SF$344.83
Days on Market196
Property Features for 124 HAYCOCK ROAD Unit C-2
General Information
Standard status
Active
Size
870 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
$3,942
Building Details
Building Size
870 SF
Year Built
1962
Listing Agency:
Compass
Listed By:
Horse Farms & Country Homes
(703) 966-9480
Source:
Horsefarmsandcountryhomes
Added: Apr 16
Changed: Oct 27
Last Checked: Oct 27 at 3:50AM
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 Compass
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Investment Insights
Based on property information with market context.
This top-floor, one-bedroom residence spans 870 square feet and was built in 1962. Its open living and dining area connects to a kitchen with stainless steel appliances and storage. The unit also includes a full bathroom and bedroom with closet space. Large windows bring natural light into the interior, and the elevated position means there are no residences above it.
The property is one to two blocks from the West Falls Church Metro stop, with access to I-66 nearby. An established shopping center and the West Falls redevelopment are within steps, with dining, grocery and retail options in the immediate area. The community has landscaped grounds and parking.
The property is one to two blocks from the West Falls Church Metro stop, with access to I-66 nearby. An established shopping center and the West Falls redevelopment are within steps, with dining, grocery and retail options in the immediate area. The community has landscaped grounds and parking.
Key Highlights
- 870‑square‑foot, one‑bedroom residence
- Top‑floor position with no neighbors above
- Built in 1962
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$13,023
Cap Rate
4.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$260,460
$260.5K
Cap Rate 7%
$186,043
$186.0K
Cap Rate 9%
$144,700
$144.7K
Market Conditions
NOI Build-Up for 870 SF
Gross rent
$25.1K $28.80/SF
− Vacancy
−$1.4K −$1.58/SF
EGI
$23.7K $27.22/SF
− OpEx
−$10.7K −$12.25/SF
NOI
$13.0K $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%
$260,460
Cap Rate 7%
$186,043
Cap Rate 9%
$144,700
Alternative Uses
Best Use
Apartment 5plus
$186.0K
$162.8K – $217.1K
NOI $13,023 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.65M
$3.19M – $4.25M
NOI $255,278 @ 7.0% cap · market cap 85.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,156
Businesses Nearby
Explore this area
Business Placement
Demographics for 22046, VA
18,576
Population
7,303
Households
2.5
Avg Household Size
40
Median Age
76%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,880
Density / Sq Mi
$175,446
Median Household Income
$83,566
Median Earnings
$2,216
Median Rent
$963,600
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - An 870-square-foot home offers a one-bedroom layout near the West Falls Church Metro station and I-66.
Where is this residential income property located?
The property is located at 124 HAYCOCK ROAD Unit C-2 Falls Church, VA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 870‑square‑foot, one‑bedroom residence; Top‑floor position with no neighbors above; Built in 1962
