Two-Bedroom Residential Income
For Sale
$334,999
203 YOAKUM PARKWAY Unit 910, Alexandria, VA 22304
Condominium residence in a gated Alexandria community with private outdoor space and extensive shared amenities.
Property Size1,211 SF
Price / SF$276.63
Days on Market80
Property Features for 203 YOAKUM PARKWAY Unit 910
General Information
Standard status
Active
Size
1,211 SF
Property subtype
Unit/Flat/Apartment
Site & Location
Neighborhood
Landmark/Van Dorn
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
1 x 2BR/1.5BA
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$3,981
Amenities
24-hour gated security
indoor swimming pool
outdoor swimming pool
fitness center
indoor tennis court
outdoor tennis court
pickleball court
racquetball court
basketball court
volleyball court
putting green
walking and jogging trails
playground
picnic and BBQ areas
party rooms
library
community center
hair salon
on-site market
cafe
shuttle service to Van Dorn Metro
car wash area
landscaped grounds
in-unit washer and dryer
private storage unit
private balcony
Building Details
Building Size
1,211 SF
Year Built
1975
Listing Agency:
eXp Realty LLC
Listed By:
Melissa Anne Melendez · License #0225248420
(520) 404-1215
Source:
Dcmetrorealtyteam
Added: Aug 7
Changed: Oct 23
Last Checked: Oct 25 at 1:07AM
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 eXp Realty LLC
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Investment Insights
Based on property information with market context.
This 2-bedroom, 1.5-bath condominium provides 1,211 square feet of living area in an open layout that connects the kitchen, dining area, and living room. Granite countertops and substantial cabinetry update the kitchen, while a private balcony adds outdoor space. The residence also includes an updated full bathroom, in-unit laundry, and a private 5' x 5' storage unit. The building dates to 1975.
Watergate at Landmark is a gated community with 24-hour security, indoor and outdoor pools, fitness facilities, tennis, pickleball, racquetball, basketball, and volleyball courts. Additional community features include walking trails, a playground, picnic and BBQ areas, party rooms, a library, community center, hair salon, market, cafe, shuttle service to the Van Dorn Metro, and a car wash area. The condo fee includes all utilities. The property is near I-395, I-495, Old Town Alexandria, Washington, D.C., The Pentagon, Reagan National Airport, INOVA Alexandria Hospital, shopping, and restaurants.
Watergate at Landmark is a gated community with 24-hour security, indoor and outdoor pools, fitness facilities, tennis, pickleball, racquetball, basketball, and volleyball courts. Additional community features include walking trails, a playground, picnic and BBQ areas, party rooms, a library, community center, hair salon, market, cafe, shuttle service to the Van Dorn Metro, and a car wash area. The condo fee includes all utilities. The property is near I-395, I-495, Old Town Alexandria, Washington, D.C., The Pentagon, Reagan National Airport, INOVA Alexandria Hospital, shopping, and restaurants.
Key Highlights
- 2‑bedroom, 1.5‑bath condominium with 1,211 square feet of living area
- Open kitchen, dining, and living arrangement with granite countertops and ample cabinetry
- Private balcony plus a 5' x 5' storage unit
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,564
Cap Rate
5.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$371,280
$371.3K
Cap Rate 7%
$265,200
$265.2K
Cap Rate 9%
$206,267
$206.3K
Market Conditions
NOI Build-Up for 1,211 SF
Gross rent
$35.6K $29.40/SF
− Vacancy
−$1.9K −$1.53/SF
EGI
$33.8K $27.87/SF
− OpEx
−$15.2K −$12.54/SF
NOI
$18.6K $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%
$371,280
Cap Rate 7%
$265,200
Cap Rate 9%
$206,267
Alternative Uses
Best Use
Apartment 5plus
$265.2K
$232.1K – $309.4K
NOI $18,564 @ 7.0% cap · market cap 5.54%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$672.6K
$588.6K – $784.7K
NOI $47,084 @ 7.0% cap · market cap 14.05%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Lease Details
1
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,582
Businesses Nearby
Explore this area
Business Placement
Demographics for 22304, VA
49,237
Population
24,654
Households
2
Avg Household Size
37
Median Age
59%
College-Educated
94%
High-School Grad
4.8 sq mi
ZIP Area
10,258
Density / Sq Mi
$97,629
Median Household Income
$64,929
Median Earnings
$1,934
Median Rent
$496,000
Median Home Value
Frequently Asked Questions
What type of property is this?
Residential income property - Condominium residence in a gated Alexandria community with private outdoor space and extensive shared amenities.
Where is this residential income property located?
The property is located at 203 YOAKUM PARKWAY Unit 910 Alexandria, VA.
What is the asking price?
The asking price for this property is $334,999.
What are key features of this property?
This property features: 2‑bedroom, 1.5‑bath condominium with 1,211 square feet of living area; Open kitchen, dining, and living arrangement with granite countertops and ample cabinetry; Private balcony plus a 5' x 5' storage unit
