Two-Bedroom Residential Income
New
For Sale
$675,000
1300 CRYSTAL DRIVE Unit 401S, Arlington, VA 22202
The residence includes a private balcony, wet bar, in-unit laundry, and deeded parking.
Property Size1,516 SF
Price / SF$445.25
Days on Market6
Property Features for 1300 CRYSTAL DRIVE Unit 401S
General Information
Standard status
Active
Size
1,516 SF
Property subtype
Unit/Flat/Apartment
Taxes and HOA fees
Annual Taxes
$6,723
Building Details
Building Size
1,516 SF
Year Built
1981
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Daniel Martin · License #0225214964
(202) 957-1550
Source:
Kerishull
Added: Oct 2
Changed: Oct 6
Last Checked: Oct 6 at 2:41AM
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 Long & Foster Real Estate, Inc.
Investment Insights
Based on property information with market context.
This 1,516-square-foot condominium has two bedrooms and two bathrooms, with a private balcony, wet bar, and in-unit washer and dryer. Deeded parking is included, and the heat pump was replaced in December 2025. The building dates to 1981.
Residents have access to 24-hour concierge service, indoor and outdoor pools, a fitness center, library, party room, and in-house maintenance. An underground building connection provides access to Metro and nearby shopping. Whole Foods is one block away; other nearby destinations include Long Bridge Park, Pentagon Row, Pentagon City Mall, Costco, and Potomac Yard. Condo fees cover water and trash removal.
Residents have access to 24-hour concierge service, indoor and outdoor pools, a fitness center, library, party room, and in-house maintenance. An underground building connection provides access to Metro and nearby shopping. Whole Foods is one block away; other nearby destinations include Long Bridge Park, Pentagon Row, Pentagon City Mall, Costco, and Potomac Yard. Condo fees cover water and trash removal.
Key Highlights
- 1,516‑square‑foot, two‑bedroom, two‑bathroom condominium
- Private balcony, wet bar, and in‑unit washer and dryer
- Deeded parking included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,813
Cap Rate
3.38%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,260
$456.3K
Cap Rate 7%
$325,900
$325.9K
Cap Rate 9%
$253,478
$253.5K
Market Conditions
NOI Build-Up for 1,516 SF
Gross rent
$43.7K $28.80/SF
− Vacancy
−$2.2K −$1.44/SF
EGI
$41.5K $27.36/SF
− OpEx
−$18.7K −$12.31/SF
NOI
$22.8K $15.05/SF
Area
Arlington, VA
Vacancy
5.00%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,260
Cap Rate 7%
$325,900
Cap Rate 9%
$253,478
Alternative Uses
Best Use
Apartment 5plus
$325.9K
$285.2K – $380.2K
NOI $22,813 @ 7.0% cap · market cap 3.38%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$842.0K
$736.8K – $982.4K
NOI $58,942 @ 7.0% cap · market cap 8.73%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,934
Businesses Nearby
Explore this area
Business Placement
Demographics for 22202, VA
28,472
Population
18,110
Households
1.6
Avg Household Size
35
Median Age
84%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
7,301
Density / Sq Mi
$141,933
Median Household Income
$92,818
Median Earnings
$2,448
Median Rent
$838,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - The residence includes a private balcony, wet bar, in-unit laundry, and deeded parking.
Where is this residential income property located?
The property is located at 1300 CRYSTAL DRIVE Unit 401S Arlington, VA.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: 1,516‑square‑foot, two‑bedroom, two‑bathroom condominium; Private balcony, wet bar, and in‑unit washer and dryer; Deeded parking included
