Renovated Condominium
New
For Sale
$1,100,000
1300 CRYSTAL DRIVE Unit 606S, Arlington, VA 22202
Three bedrooms and private balconies complement shared amenities that include an indoor pool and fitness center.
Property Size2,139 SF
Days on Market6
Property Features for 1300 CRYSTAL DRIVE Unit 606S
General Information
Standard status
Active
Size
2,139 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Crystal City
Taxes and HOA fees
Annual Taxes
$7,892
Building Details
Building Size
2,139 SF
Year Built
1981
Listing Agency:
Compass
Listed By:
Traci Johnson · License #0225234154
(703) 239-3082
Source:
Barnesrealestatecompany
Added: Oct 30
Changed: Nov 3
Last Checked: Nov 3 at 2:43PM
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 Compass
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Investment Insights
Based on property information with market context.
This renovated corner condominium offers 2,139 square feet, three bedrooms, three full bathrooms, and two private balconies. Interior features include wide-plank hardwood flooring, custom kitchen cabinetry, generous counter space, a separate Sub-Zero refrigerator and freezer, and built-in living room storage. The primary suite has balcony access and a renovated bathroom with a steam shower. The building dates to 1981.
Residents have access to an indoor pool, fitness center, lounge, and library. Assigned garage parking and additional storage are included. The property is in Arlington’s National Landing neighborhood, with Metro, shopping, restaurants, downtown DC, the Pentagon, National Airport, and major commuter routes within reach.
Residents have access to an indoor pool, fitness center, lounge, and library. Assigned garage parking and additional storage are included. The property is in Arlington’s National Landing neighborhood, with Metro, shopping, restaurants, downtown DC, the Pentagon, National Airport, and major commuter routes within reach.
Key Highlights
- 2,139‑square‑foot corner condominium with three bedrooms and three full bathrooms
- Two private balconies, including access from the primary suite
- Renovated kitchen with custom cabinetry and separate Sub‑Zero refrigerator and freezer
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,188
Cap Rate
2.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$643,760
$643.8K
Cap Rate 7%
$459,829
$459.8K
Cap Rate 9%
$357,644
$357.6K
Market Conditions
NOI Build-Up for 2,139 SF
Gross rent
$61.6K $28.80/SF
− Vacancy
−$3.1K −$1.44/SF
EGI
$58.5K $27.36/SF
− OpEx
−$26.3K −$12.31/SF
NOI
$32.2K $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%
$643,760
Cap Rate 7%
$459,829
Cap Rate 9%
$357,644
Alternative Uses
Best Use
Apartment 5plus
$459.8K
$402.4K – $536.5K
NOI $32,188 @ 7.0% cap · market cap 2.93%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.19M
$1.04M – $1.39M
NOI $83,164 @ 7.0% cap · market cap 7.56%
Zoning and permitted uses should be independently verified with authorities.
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Location Intelligence
Trade Area within ½ mile
1,934
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - Three bedrooms and private balconies complement shared amenities that include an indoor pool and fitness center.
Where is this residential income property located?
The property is located at 1300 CRYSTAL DRIVE Unit 606S Arlington, VA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 2,139‑square‑foot corner condominium with three bedrooms and three full bathrooms; Two private balconies, including access from the primary suite; Renovated kitchen with custom cabinetry and separate Sub‑Zero refrigerator and freezer
