Two-Bedroom Residential Income
For Sale
$349,999
12919 ALTON SQUARE Unit 202, Herndon, VA 20170
The second-floor home includes a private balcony, underground garage parking, and access to a pool, clubhouse, and fitness studio.
Property Size990 SF
Price / SF$353.53
Days on Market50
Property Features for 12919 ALTON SQUARE Unit 202
General Information
Standard status
Active
Size
990 SF
Total Parking Spaces
1
Property subtype
Garage/Parking Space
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,887
Amenities
outdoor pool
clubhouse
meeting spaces
fitness studio
private balcony
gas fireplace
washer and dryer
walk-in closet
walkin shower
Building Details
Building Size
990 SF
Year Built
1993
Listing Agency:
Serhant
Listed By:
Monica Manosalva · License #0225241309
(571) 274-4264
Source:
Canopy-re
Added: Sep 10
Changed: Oct 27
Last Checked: Oct 26 at 12:16PM
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 Serhant
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Investment Insights
Based on property information with market context.
This 990-square-foot, second-floor residence has two bedrooms and an open kitchen, dining, and living area centered around a gas fireplace. A private balcony extends the living space. The primary bedroom has an en suite bath and walk-in closet; the second bedroom and a walk-in shower complete the layout. Updates include PVC flooring installed in May 2025, a washer and dryer added in March 2025, a replacement HVAC system from March 2025, a water heater installed in November 2024, a kitchen sink updated in January 2026, and fresh paint completed in June 2026. Water, sewer, and trash are covered by monthly dues.
Parking includes an assigned space in a secure underground garage, outdoor permit parking, and visitor spaces. Community facilities include an outdoor pool, clubhouse, meeting rooms, and fitness studio. The property is a four-minute drive or a 22-minute walk from the Silver Line Metro, six minutes from downtown Herndon, and ten minutes from Dulles International Airport. Reston Town Center, the Dulles Access Road, local bus stops, and grocery centers are also cited as nearby destinations.
Parking includes an assigned space in a secure underground garage, outdoor permit parking, and visitor spaces. Community facilities include an outdoor pool, clubhouse, meeting rooms, and fitness studio. The property is a four-minute drive or a 22-minute walk from the Silver Line Metro, six minutes from downtown Herndon, and ten minutes from Dulles International Airport. Reston Town Center, the Dulles Access Road, local bus stops, and grocery centers are also cited as nearby destinations.
Key Highlights
- Two‑bedroom, 990‑square‑foot residence with open living, dining, and kitchen areas
- Private balcony and gas fireplace
- HVAC system replaced in March 2025; water heater installed in November 2024
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,819
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$296,380
$296.4K
Cap Rate 7%
$211,700
$211.7K
Cap Rate 9%
$164,656
$164.7K
Market Conditions
NOI Build-Up for 990 SF
Gross rent
$28.5K $28.80/SF
− Vacancy
−$1.6K −$1.58/SF
EGI
$26.9K $27.22/SF
− OpEx
−$12.1K −$12.25/SF
NOI
$14.8K $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%
$296,380
Cap Rate 7%
$211,700
Cap Rate 9%
$164,656
Alternative Uses
Best Use
Apartment 5plus
$211.7K
$185.2K – $247.0K
NOI $14,819 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.15M
$3.63M – $4.84M
NOI $290,488 @ 7.0% cap · market cap 83.00%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,278
Businesses Nearby
Explore this area
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 - The second-floor home includes a private balcony, underground garage parking, and access to a pool, clubhouse, and fitness studio.
Where is this residential income property located?
The property is located at 12919 ALTON SQUARE Unit 202 Herndon, VA.
What is the asking price?
The asking price for this property is $349,999.
What are key features of this property?
This property features: Two‑bedroom, 990‑square‑foot residence with open living, dining, and kitchen areas; Private balcony and gas fireplace; HVAC system replaced in March 2025; water heater installed in November 2024
