Two-Bedroom Residential Income
For Sale
$349,990
12905 CENTRE PARK CIRCLE Unit 212, Herndon, VA 20171
The condo pairs an open layout with a private balcony and community amenities, including pools and a fitness center.
Property Size1,031 SF
Price / SF$339.47
Days on Market169
Property Features for 12905 CENTRE PARK CIRCLE Unit 212
General Information
Standard status
Active
Size
1,031 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
$3,991
Amenities
gated access
pools
fitness center
clubhouse
concierge service
Building Details
Building Size
1,031 SF
Year Built
2005
Listing Agency:
Redfin Corporation
Listed By:
Cheryl H Wood
(571) 302-0012
Source:
Canopy-re
Added: May 14
Changed: Oct 26
Last Checked: Oct 26 at 3:16PM
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 Redfin Corporation
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Investment Insights
Based on property information with market context.
This 1,031-square-foot condominium in Bryson at Woodland Park has two bedrooms and two bathrooms arranged in an open, roommate-style layout. Engineered wood flooring, a quartz-counter kitchen with stainless steel appliances, and a private balcony overlooking the courtyard are among its interior features. The residence was built in 2005. Equipment updates include a microwave and water heater/radiant heat source in 2024, plus a dishwasher and washer and dryer in 2026.
Community amenities include gated access, pools, a fitness center, clubhouse, and concierge service. Woodland Park shopping center is across the street, and the property is minutes from the Silver Line Metro, Reston Town Center, the Toll Road, and Fairfax County Parkway.
Community amenities include gated access, pools, a fitness center, clubhouse, and concierge service. Woodland Park shopping center is across the street, and the property is minutes from the Silver Line Metro, Reston Town Center, the Toll Road, and Fairfax County Parkway.
Key Highlights
- Two bedrooms and two bathrooms in 1,031 square feet
- Built in 2005
- Private balcony faces the courtyard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,433
Cap Rate
4.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$308,660
$308.7K
Cap Rate 7%
$220,471
$220.5K
Cap Rate 9%
$171,478
$171.5K
Market Conditions
NOI Build-Up for 1,031 SF
Gross rent
$29.7K $28.80/SF
− Vacancy
−$1.6K −$1.58/SF
EGI
$28.1K $27.22/SF
− OpEx
−$12.6K −$12.25/SF
NOI
$15.4K $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%
$308,660
Cap Rate 7%
$220,471
Cap Rate 9%
$171,478
Alternative Uses
Best Use
Apartment 5plus
$220.5K
$192.9K – $257.2K
NOI $15,433 @ 7.0% cap · market cap 4.41%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.32M
$3.78M – $5.04M
NOI $302,519 @ 7.0% cap · market cap 86.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,192
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
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Frequently Asked Questions
What type of property is this?
Residential income property - The condo pairs an open layout with a private balcony and community amenities, including pools and a fitness center.
Where is this residential income property located?
The property is located at 12905 CENTRE PARK CIRCLE Unit 212 Herndon, VA.
What is the asking price?
The asking price for this property is $349,990.
What are key features of this property?
This property features: Two bedrooms and two bathrooms in 1,031 square feet; Built in 2005; Private balcony faces the courtyard
