2-Bedroom Corner
For Sale
$360,000
12913 ALTON SQUARE #414, Herndon, VA 20170
Updated interiors and an oversized balcony add practical living space to this single-level unit.
Property Size1,140 SF
Price / SF$315.79
Days on Market57
Property Features for 12913 ALTON SQUARE #414
General Information
Standard status
Active
Size
1,140 SF
Property subtype
Apartment
Additional Details
Multifamily Units
1
Amenities
Fireplace
Central A/C
Ceiling Fan(s)
Forced Air
Dishwasher
Disposal
Dryer
Exhaust Fan
Icemaker
Microwave
Oven/Range - Gas
Refrigerator
Washer
Building Details
Year Built
1996
Listed By:
Jessica Boisseau
(703) 220-8322
Source:
Kw
Added: Sep 3
Changed: Oct 28
Last Checked: Oct 28 at 1:19PM
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 Jessica Boisseau
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Investment Insights
Based on property information with market context.
This 2-bedroom, 2-bathroom corner condominium offers approximately 1,140 square feet on a single level. The layout includes an open living and dining area, two full bathrooms, and an oversized balcony. Fresh interior paint and new carpet complement a well-maintained interior. A fireplace, central A/C, forced-air heating, ceiling fan, and in-unit washer and dryer are among the features. The kitchen is equipped with a gas range, refrigerator, dishwasher, disposal, microwave, and icemaker.
Built in 1996, the condominium is located in Herndon, near shopping, restaurants, services, and major commuter routes. Accessible parking is available.
Built in 1996, the condominium is located in Herndon, near shopping, restaurants, services, and major commuter routes. Accessible parking is available.
Key Highlights
- 2 bedrooms and 2 full bathrooms
- Approximately 1,140 square feet of single‑level living
- Corner‑unit layout with an oversized balcony
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$17,064
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$341,280
$341.3K
Cap Rate 7%
$243,771
$243.8K
Cap Rate 9%
$189,600
$189.6K
Market Conditions
NOI Build-Up for 1,140 SF
Gross rent
$32.8K $28.80/SF
− Vacancy
−$1.8K −$1.58/SF
EGI
$31.0K $27.22/SF
− OpEx
−$14.0K −$12.25/SF
NOI
$17.1K $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%
$341,280
Cap Rate 7%
$243,771
Cap Rate 9%
$189,600
Alternative Uses
Best Use
Apartment 5plus
$243.8K
$213.3K – $284.4K
NOI $17,064 @ 7.0% cap · market cap 4.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.78M
$4.18M – $5.58M
NOI $334,502 @ 7.0% cap · market cap 92.92%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,386
Businesses Nearby
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Business Placement
Demographics for 20170, VA
42,756
Population
14,084
Households
3
Avg Household Size
36
Median Age
57%
College-Educated
87%
High-School Grad
8.8 sq mi
ZIP Area
4,859
Density / Sq Mi
$157,875
Median Household Income
$59,119
Median Earnings
$2,224
Median Rent
$625,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Updated interiors and an oversized balcony add practical living space to this single-level unit.
Where is this residential income property located?
The property is located at 12913 ALTON SQUARE #414 Herndon, VA.
What is the asking price?
The asking price for this property is $360,000.
What are key features of this property?
This property features: 2 bedrooms and 2 full bathrooms; Approximately 1,140 square feet of single‑level living; Corner‑unit layout with an oversized balcony
