Top-Floor Residential Income
For Sale
$395,000
1625 INTERNATIONAL DRIVE Unit 421, Mc Lean, VA 22102
A one-bedroom condominium pairs an enclosed sunroom with updated kitchen finishes and building amenities.
Property Size988 SF
Price / SF$399.80
Days on Market68
Property Features for 1625 INTERNATIONAL DRIVE Unit 421
General Information
Standard status
Active
Size
988 SF
Elevators
Yes
Property subtype
Unit/Flat/Apartment
Additional Details
Public Transit
Yes
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$4,594
Amenities
swimming pool
exercise room
party room
washer/dryer in unit
Building Details
Building Size
988 SF
Year Built
1996
Listing Agency:
Long & Foster Real Estate, Inc.
Listed By:
Megan Thiel · License #0225205153
(202) 810-2155
Source:
Jackrealtygroup
Added: Aug 27
Changed: Oct 27
Last Checked: Oct 31 at 2:30PM
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.
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Investment Insights
Based on property information with market context.
This 988-square-foot, top-floor condominium has one bedroom, 1.5 baths, and an open living area that connects to an enclosed sunroom. The kitchen has granite countertops, stainless steel appliances, and ample cabinetry. Hardwood flooring runs through the main living space, and the primary bedroom includes a walk-in closet and en-suite bath. In-unit laundry, an elevator, and updates to the water heater, toilets, faucets, and HVAC system round out the interior features; the HVAC system is approximately two years old.
Residents have access to a swimming pool, exercise room, and party room. Tysons Galleria, dining, and shops are within walking distance, with Metro stations and major commuter routes nearby. The building was constructed in 1996.
Residents have access to a swimming pool, exercise room, and party room. Tysons Galleria, dining, and shops are within walking distance, with Metro stations and major commuter routes nearby. The building was constructed in 1996.
Key Highlights
- 988‑square‑foot condominium with 1 bedroom and 1.5 baths
- Top‑floor unit with enclosed sunroom
- Kitchen features granite countertops and stainless steel appliances
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,789
Cap Rate
3.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$295,780
$295.8K
Cap Rate 7%
$211,271
$211.3K
Cap Rate 9%
$164,322
$164.3K
Market Conditions
NOI Build-Up for 988 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%
$295,780
Cap Rate 7%
$211,271
Cap Rate 9%
$164,322
Alternative Uses
Best Use
Apartment 5plus
$211.3K
$184.9K – $246.5K
NOI $14,789 @ 7.0% cap · market cap 3.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$4.14M
$3.62M – $4.83M
NOI $289,901 @ 7.0% cap · market cap 73.39%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
4,888
Businesses Nearby
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Business Placement
Demographics for 22102, VA
27,743
Population
14,274
Households
1.9
Avg Household Size
37
Median Age
81%
College-Educated
99%
High-School Grad
12.3 sq mi
ZIP Area
2,256
Density / Sq Mi
$153,816
Median Household Income
$93,200
Median Earnings
$2,471
Median Rent
$1,003,700
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - A one-bedroom condominium pairs an enclosed sunroom with updated kitchen finishes and building amenities.
Where is this residential income property located?
The property is located at 1625 INTERNATIONAL DRIVE Unit 421 Mc Lean, VA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: 988‑square‑foot condominium with 1 bedroom and 1.5 baths; Top‑floor unit with enclosed sunroom; Kitchen features granite countertops and stainless steel appliances
