Main-Level Residential
New
For Sale
$399,999
13347 CONNOR DRIVE #C, Centreville, VA 20120
Interior improvements include new flooring, stainless steel kitchen appliances, and refreshed bathroom finishes.
Property Size1,102 SF
Price / SF$362.98
Days on Market5
Property Features for 13347 CONNOR DRIVE #C
General Information
Standard status
Active
Size
1,102 SF
Total Parking Spaces
2
Property subtype
Apartment
Site & Location
Highway Access
Yes
Public Transit
Yes
Additional Details
Multifamily Units
1
Amenities
pool
clubhouse
fitness center
business center
full-size washer and dryer
Building Details
Year Built
2002
Listing Agency:
Keller Williams Realty
(703) 636-7300
Listed By:
Mansoora Dar · License #0225177963
(703) 774-5892
Source:
Cummingsrealtors
Added: Oct 14
Changed: Oct 16
Last Checked: Oct 16 at 2:27PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This two-bedroom, two-bath condominium is located on the main level of StoneGate at Faircrest, with no stairs required for entry. Updates include fresh paint, luxury vinyl plank flooring, stainless steel kitchen appliances, and refreshed bathroom vanities, mirrors, and tile. The home also has an attached one-car garage, a dedicated parking space, and an in-unit laundry room with a full-size washer and dryer.
The gated community offers a pool, clubhouse, fitness center, and business center. The property is near Fair Lakes, with access to I-66, Routes 29, 50, and 28, and the Fairfax County Parkway. Metrobus service and the Vienna Metro station are also noted nearby.
The gated community offers a pool, clubhouse, fitness center, and business center. The property is near Fair Lakes, with access to I-66, Routes 29, 50, and 28, and the Fairfax County Parkway. Metrobus service and the Vienna Metro station are also noted nearby.
Key Highlights
- Two bedrooms and two bathrooms
- Main‑level condo with an attached one‑car garage
- Dedicated parking space and guest parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$16,496
Cap Rate
4.12%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$329,920
$329.9K
Cap Rate 7%
$235,657
$235.7K
Cap Rate 9%
$183,289
$183.3K
Market Conditions
NOI Build-Up for 1,102 SF
Gross rent
$31.7K $28.80/SF
− Vacancy
−$1.7K −$1.58/SF
EGI
$30.0K $27.22/SF
− OpEx
−$13.5K −$12.25/SF
NOI
$16.5K $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%
$329,920
Cap Rate 7%
$235,657
Cap Rate 9%
$183,289
Alternative Uses
Best Use
Apartment 5plus
$235.7K
$206.2K – $274.9K
NOI $16,496 @ 7.0% cap · market cap 4.12%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.62M
$4.04M – $5.39M
NOI $323,352 @ 7.0% cap · market cap 80.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
204
Businesses Nearby
Explore this area
Business Placement
Demographics for 20120, VA
42,697
Population
14,753
Households
2.9
Avg Household Size
38
Median Age
60%
College-Educated
95%
High-School Grad
18.0 sq mi
ZIP Area
2,372
Density / Sq Mi
$149,844
Median Household Income
$71,167
Median Earnings
$2,244
Median Rent
$620,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Residential income property - Interior improvements include new flooring, stainless steel kitchen appliances, and refreshed bathroom finishes.
Where is this residential income property located?
The property is located at 13347 CONNOR DRIVE #C Centreville, VA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Two bedrooms and two bathrooms; Main‑level condo with an attached one‑car garage; Dedicated parking space and guest parking
