Updated Upper-Level Income
For Sale
$615,000
1800 OLD MEADOW ROAD Unit 1006, Mc Lean, VA 22102
Renovated condominium with flexible rooms, expansive views, and access to extensive residential amenities.
Property Size1,888 SF
Price / SF$325.74
Days on Market168
Property Features for 1800 OLD MEADOW ROAD Unit 1006
General Information
Standard status
Active
Size
1,888 SF
Total Parking Spaces
2
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
3BR/2.5BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$7,152
Amenities
outdoor pools
Plaza with gas grills
fire pits
OneLife Fitness Club
extra storage
Building Details
Building Size
1,888 SF
Year Built
1977
Listing Agency:
Corcoran McEnearney
Listed By:
Elizabeth L Carson · License #0225135498
(703) 599-9494
Source:
Barnesrealestatecompany
Added: Apr 22
Changed: Oct 3
Last Checked: Oct 5 at 10:08PM
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 Corcoran McEnearney
Investment Insights
Based on property information with market context.
This 10th-floor residential income property provides 1,888 square feet with three bedrooms, two full bathrooms, and a powder room. The renovated kitchen includes substantial cabinetry and counter space, while the dining room accommodates up to 10 guests. Updated bathrooms feature high-end vanities and walk-in showers. New windows and sliding glass doors, refreshed lighting, fresh paint, smooth ceilings, ample closets, two parking spaces on P1, and extra storage add practical value. The floor plan has limited load-bearing walls, allowing the third bedroom to function as a den, office, library, or fitness room. Flooring throughout the unit, excluding the bathrooms, is scheduled for replacement, with the buyer able to select from three samples or receive a settlement credit for the sample flooring cost.
The property overlooks landscaped plaza grounds, three outdoor pools, the Tysons Corner skyline, and sunset views. It is less than a mile from two Metro stations and near major commuter routes, shopping, dining, entertainment, grocery stores, and restaurants. Community amenities include outdoor pools, plaza grills, fire pits, and pedestrian areas. Indoor access to OneLife Fitness Club is available through membership.
The property overlooks landscaped plaza grounds, three outdoor pools, the Tysons Corner skyline, and sunset views. It is less than a mile from two Metro stations and near major commuter routes, shopping, dining, entertainment, grocery stores, and restaurants. Community amenities include outdoor pools, plaza grills, fire pits, and pedestrian areas. Indoor access to OneLife Fitness Club is available through membership.
Key Highlights
- 1,888‑square‑foot, 10th‑floor condominium with three bedrooms and 2.5 baths
- Renovated kitchen with abundant cabinetry and generous counter space
- Two updated full bathrooms plus a powder room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,261
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$565,220
$565.2K
Cap Rate 7%
$403,729
$403.7K
Cap Rate 9%
$314,011
$314.0K
Market Conditions
NOI Build-Up for 1,888 SF
Gross rent
$54.4K $28.80/SF
− Vacancy
−$3.0K −$1.58/SF
EGI
$51.4K $27.22/SF
− OpEx
−$23.1K −$12.25/SF
NOI
$28.3K $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%
$565,220
Cap Rate 7%
$403,729
Cap Rate 9%
$314,011
Alternative Uses
Best Use
Apartment 5plus
$403.7K
$353.3K – $471.0K
NOI $28,261 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$7.91M
$6.92M – $9.23M
NOI $553,982 @ 7.0% cap · market cap 90.08%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
3,424
Businesses Nearby
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Residential income property - Renovated condominium with flexible rooms, expansive views, and access to extensive residential amenities.
Where is this residential income property located?
The property is located at 1800 OLD MEADOW ROAD Unit 1006 Mc Lean, VA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: 1,888‑square‑foot, 10th‑floor condominium with three bedrooms and 2.5 baths; Renovated kitchen with abundant cabinetry and generous counter space; Two updated full bathrooms plus a powder room
