Two-Bedroom Residential Income
For Sale
$500,000
12865 MOSAIC PARK WAY Unit 3J, Herndon, VA 20171
Built in 2023, the residence pairs two baths with elevator access and walkable proximity to Metro and community amenities.
Property Size1,162 SF
Price / SF$430.29
Days on Market149
Property Features for 12865 MOSAIC PARK WAY Unit 3J
General Information
Standard status
Active
Size
1,162 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$5,384
Building Details
Building Size
1,162 SF
Year Built
2023
Listing Agency:
FAB Realty LLC
(214) 476-2856
Listed By:
Sam Gupta · License #0225246188
(214) 476-2856
Source:
Kerishull
Added: Apr 6
Changed: Aug 31
Last Checked: Aug 30 at 10:51PM
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 FAB Realty LLC
Investment Insights
Based on property information with market context.
This 1,162-square-foot condominium was built in 2023 and includes two bedrooms and two bathrooms. Elevator access supports convenient entry, while the residence’s modern construction and low-maintenance format suit a range of residential occupancy needs.
The property is within walking distance of the Herndon Metro station, Stone's Cove, Kumo Sushi, and the shops at Woodland Park Crossing. Community amenities include walking trails, sports courts, playgrounds, and picnic areas. Reston Town Center is approximately two miles away, providing additional dining, shopping, and entertainment options.
The property is within walking distance of the Herndon Metro station, Stone's Cove, Kumo Sushi, and the shops at Woodland Park Crossing. Community amenities include walking trails, sports courts, playgrounds, and picnic areas. Reston Town Center is approximately two miles away, providing additional dining, shopping, and entertainment options.
Key Highlights
- 1,162 SF condominium built in 2023
- Two bedrooms and two bathrooms
- Elevator access
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$18,122
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$362,440
$362.4K
Cap Rate 7%
$258,886
$258.9K
Cap Rate 9%
$201,356
$201.4K
Market Conditions
NOI Build-Up for 1,162 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$35.3K $30.36/SF
− Vacancy
−$2.3K −$2.00/SF
EGI
$32.9K $28.36/SF
− OpEx
−$14.8K −$12.76/SF
NOI
$18.1K $15.60/SF
Area
Loudoun County, VA
Vacancy
6.60%
Lease Rate
$30.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$362,440
Cap Rate 7%
$258,886
Cap Rate 9%
$201,356
Alternative Uses
Best Use
Apartment 5plus
$258.9K
$226.5K – $302.0K
NOI $18,122 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$364.2K
$318.6K – $424.9K
NOI $25,491 @ 7.0% cap · market cap 5.10%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
140
Businesses Nearby
Explore this area
Business Placement
Demographics for 20171, VA
51,759
Population
19,221
Households
2.7
Avg Household Size
36
Median Age
74%
College-Educated
97%
High-School Grad
11.6 sq mi
ZIP Area
4,462
Density / Sq Mi
$166,154
Median Household Income
$89,943
Median Earnings
$2,276
Median Rent
$770,200
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential income property - Built in 2023, the residence pairs two baths with elevator access and walkable proximity to Metro and community amenities.
Where is this residential income property located?
The property is located at 12865 MOSAIC PARK WAY Unit 3J Herndon, VA.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: 1,162 SF condominium built in 2023; Two bedrooms and two bathrooms; Elevator access
