Residential Condo with Pool
For Sale
$285,000
1730 W ABINGDON DRIVE W Unit 101, Alexandria, VA 22314
One-bedroom layout with wood floors, built-in storage, and an in-home washer and dryer.
Property Size610 SF
Price / SF$467.21
Days on Market17
Property Features for 1730 W ABINGDON DRIVE W Unit 101
General Information
Standard status
Active
Size
610 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Northeast
Public Transit
Yes
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,382
Amenities
pool
tennis courts
community center
common lawn area
Building Details
Building Size
610 SF
Year Built
1942
Listing Agency:
Raptis Real Estate LLC
Listed By:
Valentina V Raptis · License #0225101078
(703) 200-2750
Source:
Irvinrealtyllc
Added: Oct 12
Changed: Oct 27
Last Checked: Oct 26 at 8:35PM
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 Raptis Real Estate LLC
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Investment Insights
Based on property information with market context.
This one-bedroom, one-bathroom residence has an open living and dining layout, wood flooring, wainscoting, crown molding, and custom built-ins. An in-home washer and dryer are also included. The building dates to 1942.
Community amenities include an outdoor pool, tennis courts, a community center, and a shared lawn. The property is within walking distance of Metro service, shopping, and dining, with parks, trails, the airport, and major roads nearby.
Community amenities include an outdoor pool, tennis courts, a community center, and a shared lawn. The property is within walking distance of Metro service, shopping, and dining, with parks, trails, the airport, and major roads nearby.
Key Highlights
- One bedroom and one bathroom
- Open living and dining area with wood flooring
- Custom built‑ins, wainscoting, and crown molding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,351
Cap Rate
3.28%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,020
$187.0K
Cap Rate 7%
$133,586
$133.6K
Cap Rate 9%
$103,900
$103.9K
Market Conditions
NOI Build-Up for 610 SF
Gross rent
$17.9K $29.40/SF
− Vacancy
−$933 −$1.53/SF
EGI
$17.0K $27.87/SF
− OpEx
−$7.7K −$12.54/SF
NOI
$9.4K $15.33/SF
Area
Alexandria, VA
Vacancy
5.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,020
Cap Rate 7%
$133,586
Cap Rate 9%
$103,900
Alternative Uses
Best Use
Apartment 5plus
$133.6K
$116.9K – $155.9K
NOI $9,351 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$338.8K
$296.5K – $395.3K
NOI $23,717 @ 7.0% cap · market cap 8.32%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
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Business Placement
Demographics for 22314, VA
35,784
Population
21,154
Households
1.7
Avg Household Size
39
Median Age
79%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,671
Density / Sq Mi
$144,359
Median Household Income
$98,121
Median Earnings
$2,312
Median Rent
$856,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - One-bedroom layout with wood floors, built-in storage, and an in-home washer and dryer.
Where is this residential income property located?
The property is located at 1730 W ABINGDON DRIVE W Unit 101 Alexandria, VA.
What is the asking price?
The asking price for this property is $285,000.
What are key features of this property?
This property features: One bedroom and one bathroom; Open living and dining area with wood flooring; Custom built‑ins, wainscoting, and crown molding
