Two-Bedroom Condominium
For Sale
$298,999
1300 S ARLINGTON RIDGE ROAD S Unit 314, Arlington, VA 22202
Updated kitchen, two assigned parking spaces, and access to an outdoor pool add practical features to this Arlington residence.
Property Size1,032 SF
Price / SF$289.73
Days on Market49
Property Features for 1300 S ARLINGTON RIDGE ROAD S Unit 314
General Information
Standard status
Active
Size
1,032 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Arlington Ridge
Highway Access
Yes
Public Transit
Yes
Units
Multifamily Units
1
Parking per Unit
2
Additional Details
HOA Fee
$1,004
Taxes and HOA fees
Annual Taxes
$3,287
Amenities
shared laundry room
outdoor pool
picnic area
landscaped common grounds
Building Details
Building Size
1,032 SF
Year Built
1958
Listing Agency:
KW Metro Center
Listed By:
Brittany Faith Camargo
(703) 489-0274
Source:
Kartaproperties
Added: Sep 10
Changed: Oct 26
Last Checked: Oct 26 at 3:52PM
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 KW Metro Center
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,032-square-foot condominium has two bedrooms and one full hallway bathroom. The living and dining areas share an open space with large windows and hardwood flooring. The kitchen has Shaker-style cabinets, quartz countertops, a refrigerator, microwave, and dishwasher. The primary bedroom includes a walk-in closet with built-in shelving; five closets provide storage throughout the unit. Two assigned parking spaces convey with the residence.
The building offers shared laundry, an outdoor pool, a picnic area, and landscaped common grounds. Common-area work is underway in the entry, hallways, and mailroom. Pentagon City Metro Station is less than one mile away, with access to I-395, Route 1, the George Washington Memorial Parkway, Army Navy Drive, and Washington Boulevard. Pentagon Row, Whole Foods, Costco, Target, and The Fashion Centre at Pentagon City are among the nearby destinations.
The building offers shared laundry, an outdoor pool, a picnic area, and landscaped common grounds. Common-area work is underway in the entry, hallways, and mailroom. Pentagon City Metro Station is less than one mile away, with access to I-395, Route 1, the George Washington Memorial Parkway, Army Navy Drive, and Washington Boulevard. Pentagon Row, Whole Foods, Costco, Target, and The Fashion Centre at Pentagon City are among the nearby destinations.
Key Highlights
- Two‑bedroom, one‑bathroom condominium with 1,032 square feet
- Two assigned parking spaces convey with the unit
- Kitchen updated with Shaker‑style cabinetry, quartz counters, refrigerator, microwave, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,530
Cap Rate
5.19%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,600
$310.6K
Cap Rate 7%
$221,857
$221.9K
Cap Rate 9%
$172,556
$172.6K
Market Conditions
NOI Build-Up for 1,032 SF
Gross rent
$29.7K $28.80/SF
− Vacancy
−$1.5K −$1.44/SF
EGI
$28.2K $27.36/SF
− OpEx
−$12.7K −$12.31/SF
NOI
$15.5K $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%
$310,600
Cap Rate 7%
$221,857
Cap Rate 9%
$172,556
Alternative Uses
Best Use
Apartment 5plus
$221.9K
$194.1K – $258.8K
NOI $15,530 @ 7.0% cap · market cap 5.19%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$573.2K
$501.6K – $668.7K
NOI $40,124 @ 7.0% cap · market cap 13.42%
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
1,140
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
Frequently Asked Questions
What type of property is this?
Residential income property - Updated kitchen, two assigned parking spaces, and access to an outdoor pool add practical features to this Arlington residence.
Where is this residential income property located?
The property is located at 1300 S ARLINGTON RIDGE ROAD S Unit 314 Arlington, VA.
What is the asking price?
The asking price for this property is $298,999.
What are key features of this property?
This property features: Two‑bedroom, one‑bathroom condominium with 1,032 square feet; Two assigned parking spaces convey with the unit; Kitchen updated with Shaker‑style cabinetry, quartz counters, refrigerator, microwave, and dishwasher
