One-Bedroom Residential Income
For Sale
$309,000
200 MAPLE AVENUE Unit 600, Falls Church, VA 22046
Residents have access to a shared swimming pool, party room, and laundry facilities on every floor.
Property Size835 SF
Price / SF$370.06
Days on Market11
Property Features for 200 MAPLE AVENUE Unit 600
General Information
Standard status
Active
Size
835 SF
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 1BR/1BA
Multifamily Units
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,342
Amenities
community swimming pool
party room
laundry facility
management on premises
Building Details
Building Size
835 SF
Year Built
1963
Listing Agency:
Jack Realty Group
Listed By:
John Pruski · License #BR98377715
(202) 213-4744
Source:
Jackrealtygroup
Added: Oct 18
Changed: Oct 27
Last Checked: Oct 26 at 2:42PM
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 Jack Realty Group
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Investment Insights
Based on property information with market context.
This 835-square-foot, one-bedroom, one-bathroom condominium was built in 1963 and features recessed lighting and a recently replaced refrigerator. Shared amenities include a swimming pool and party room, with laundry facilities on each floor and management staff at the front desk. The unit is being sold as-is.
The property is in Falls Church City, within walking distance of shopping and restaurants. The W&OD bike trail and the EFC, WFC, and Silver Line Metro stations are nearby. Water, sewer, trash collection, snow removal, exterior insurance, landscaping, and pool service are included; internet, phone, and cable are excluded.
The property is in Falls Church City, within walking distance of shopping and restaurants. The W&OD bike trail and the EFC, WFC, and Silver Line Metro stations are nearby. Water, sewer, trash collection, snow removal, exterior insurance, landscaping, and pool service are included; internet, phone, and cable are excluded.
Key Highlights
- 835‑square‑foot, one‑bedroom, one‑bathroom condominium
- Built in 1963; sold as‑is
- Community swimming pool and party room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,499
Cap Rate
4.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$249,980
$250.0K
Cap Rate 7%
$178,557
$178.6K
Cap Rate 9%
$138,878
$138.9K
Market Conditions
NOI Build-Up for 835 SF
Gross rent
$24.0K $28.80/SF
− Vacancy
−$1.3K −$1.58/SF
EGI
$22.7K $27.22/SF
− OpEx
−$10.2K −$12.25/SF
NOI
$12.5K $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%
$249,980
Cap Rate 7%
$178,557
Cap Rate 9%
$138,878
Alternative Uses
Best Use
Apartment 5plus
$178.6K
$156.2K – $208.3K
NOI $12,499 @ 7.0% cap · market cap 4.04%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.50M
$3.06M – $4.08M
NOI $245,008 @ 7.0% cap · market cap 79.29%
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
2,884
Businesses Nearby
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Business Placement
Demographics for 22046, VA
18,576
Population
7,303
Households
2.5
Avg Household Size
40
Median Age
76%
College-Educated
96%
High-School Grad
2.7 sq mi
ZIP Area
6,880
Density / Sq Mi
$175,446
Median Household Income
$83,566
Median Earnings
$2,216
Median Rent
$963,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Residents have access to a shared swimming pool, party room, and laundry facilities on every floor.
Where is this residential income property located?
The property is located at 200 MAPLE AVENUE Unit 600 Falls Church, VA.
What is the asking price?
The asking price for this property is $309,000.
What are key features of this property?
This property features: 835‑square‑foot, one‑bedroom, one‑bathroom condominium; Built in 1963; sold as‑is; Community swimming pool and party room
